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Toyota Corolla (2014)

The 2014 Toyota Corolla is the company's eleventh generation of the world's best-selling model, with almost 40 million sold since the first appeared in 1966. In line with the attempt to inject some interest into Toyota's model range (witness the new Avalon for example), this new Corolla is based around the mantra ‘Iconic Dynamism', whatever that might mean. The result is a car that certainly appears more interesting than its forebears on the evidence of these pictures.

Dodge Charger recall prompted by headlight issue

It's been an unfortunate week for Fiat-Chrysler recalls. We reported yesterday that the company issued return-to-dealer orders for the Fiat 500L, Jeep Grand Cherokee and Dodge Durango. Now it turns out that owners of Dodge's muscle sedan may have a trip to the dealer in their immediate future.

Daimler agrees to unload remaining Chrysler stake

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.