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Scion FR-S concept

Another day, another variation on the fabled Toyota FT-86. Following on from the FT-86 II at Geneva and the re-emergence of the original version at the Seoul Auto Show, New York played host to the Scion FR-S concept. Unsurprisingly, the FR-S boasts the same front-engine, rear-wheel drive sports car demeanor - hence the name - but differs visually from the other variations from the long awaited Toyota.

CAR Magazine scoops Britain's top design prize

By Tim Pollard Motor Industry 16 May 2007 09:33 CAR Magazine's design team has won the top accolade at the UK industry's oscars - the Periodical Publishers Association's Designer of the Year gong. Andy Thomas, who led last year's redesign of CAR with art editor Andy Franklin, collected the prize at the magazine industry's annual ceremony in the Grosvenor House Hotel in Park Lane, London. CAR is no stranger to the PPA's top design silverware - we won the same award two years ago.

Ford slows rate of cash burn in posting $1.4 billion net loss

Ford Motor Co., the only U.S. automaker operating without federal bailout loans, burned through $3.7 billion in cash during the first quarter in posting its fourth straight quarterly loss. Ford slowed the burn rate from the fourth quarter of 2008, when cash declined by $5.5 billion.