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Toyota GT 86 Convertible confirmed

Toyota GT 86 Convertible on the way With the Toyota GT 86 not yet out in the wild, we learn that Toyota are planning a GT 86 Convertible. In what is perhaps one of the least surprising revelations recently, Toyota’s chief engineer has conformed that they are working on a convertible version of the GT 86. Well, they want to take a piece of the MX-5′s market with their new ‘affordable’ sports car so they have little choice.

High-tech thieves stealing cars without the keys

MORE THAN one in three vehicles stolen in London are taken by hackers who do not have the owner's keys, the Home Secretary has revealed. Sophisticated car thieves are breaking into cars and programming new electronic keys instead, Theresa May said in a speech in Westminister. The hi-tech theft was given as an example of changing threats faced by police in modern Britain.

Ferrari looks at layoffs, cuts back production

We guess it's not all GTOs and 458 Italias. The word out of Italy is that Ferrari is looking at cutting production and eliminating 9 percent of its workers after sister company Maserati cut engine orders. Ferrari made only about 4,500 engines for Maserati last year, compared with nearly 9,000 in 2008.