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BMW & Toyota agree joint development of new sports car

BMW and Toyota have signed a binding agreement to co-develop a new sports car and continue with co-developed and shared technology. The way forward for car makers seems to be either to be as big as possible for the benefits of economy of scale, or to work together on joint products to cut development costs. Which is why BMW and Toyota are getting cosy.

Pebble Beach: Tour Terrific

These ain't no trailer queens. While you might expect that a car that cost more than a million dollars to restore beyond its original glory would be something you'd keep in a sealed zip-lock freezer bag in the guarded basement of a museum, the vast majority of the entries in the Pebble Beach Concours d'Elegance are actually driven on the street. Or at least they are driven once before the big show.

Tesla Model S first EV to earn high praise from Consumer Reports

Tesla Motors Inc.'s all-electric Model S sports car received the highest score in Consumer Reports' ratings -- a 99 out of 100 -- along with widespread plaudits from the magazine's automotive testing staff. The magazine said the $89,650 EV it tested "performed better, or just as well overall, as any other vehicle -- of any kind -- ever tested by Consumer Reports." The last vehicle to achieve a score of 99 in the magazine's testing was the Lexus LS 460L, which was tested in 2007. The Model S, which went on sale in 2012, also marks the first time any electric vehicle has earned a score that high, the magazine said Thursday.