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Toyoda says company is ‘grasping for salvation', fears big sales loss

Toyota Motor Corp. President Akio Toyoda said his money-losing automaker is “grasping for salvation” as it struggles to return to profit. The world's largest car company was once targeting annual sales of 10 million vehicles but now expects sales of 7.3 million this year, down from 8.97 million in 2008, Toyoda said today at a news conference.

BMW Concept Active Tourer – It’s the BMW B Class

The BMW Concept Active Tourer has been revealed ahead of the Paris Motor Show, previewing BMW’s new FWD direction. We recently had Mercedes roll out their take on the BMW 1 Series with the new A Class, and now the roles are reversed with BMW revealing their take on the Mercedes B Class with the BMW Concept Active Tourer. The BMW Concept Active Tourer is a preview of BMW’s front wheel drive future in the small premium sector, even if the Concept Active Tourer is notionally 4WD thanks to its a 67bhp electric motor driving the back axle in this hybrid setup.

Alpina D3 Bi-Turbo sedan and wagon debut at Frankfurt motor show

Leave it to BMW's most pinstripe-stickered tuner to come up with a car just for automotive journalists. That's right: Alpina has built a diesel BMW 3-series sedan and wagon duo and has taken them to the Frankfurt motor show to taunt scribes whose countries will probably not be getting them, and that likely includes the U.S. Even though the D3 Bi-Turbo is diesel powered, fuel economy was not the first thing on Alpina's mind.