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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.

The new Jaguar XJ – its creators' guided tour

By Tim Pollard First Official Pictures 09 July 2009 20:30 Mike O’Driscoll, Jaguar managing director ‘We are remaking Jaguar. It started a few years ago with the XK and the XF has become the cornerstone of rebuilding Jaguar. Our next step is this new XJ – it’ll help us transform Jaguar into a sporting company.

Mitsubishi RVR Crossover (2010 / 2011) revealed

The new Mitsubishi RVR Crossover will launch in 2010 When you think of Mitsubishi you either think of big SUVs like the Shogun or you think of slightly bonkers performance cars like the Evo. But in these strange, ‘Green’ times that doesn’t sit well with the public (or at least with car makers perception of what the public think) so car makers are looking to re-align their image. BMW has gone from the ‘Ultimate Driving Machine’ to ‘Joy’, and Mitsubishi wants us to think of it as a maker of fluffy-bunnie, eco-cars that do everything the buyer wants, but eat CO2 for breakfast and run on fresh air.