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General Motors reportedly close to selling Hummer for $150 million

General Motors Co., working to cut its U.S. brand count in half as part of its restructuring, is trying to complete a deal to sell Hummer to China's Sichuan Tengzhong Heavy Industrial Machinery Co. for about $150 million, Bloomberg News reported Thursday.

Toyota iQ concept

By Tim Pollard Motor Shows 11 September 2007 02:53 Toyota iQ: the lowdown The Japanese scored one of the very few surprises of the Frankfurt show this year, with the titchy iQ concept car that previews Toyota’s new sub-Aygo city car. It’s one of our favourite cars at the show, bristling with intelligent new thinking and design flourishes to make small cars interesting again. And the best news is that Toyota has committed to building a production version, probably due in European showrooms by 2009.

2011 LA Design Challenge entries revealed

As the Los Angeles Auto Show rapidly approaches, the 8th international Design Challenge has been announced. Inviting studios from across the globe to compete, previous years have seen concepts created for environmentally conscious briefs that called for sub-1000lb vehicles through to ‘Motorsport 2025' concepts that reinterpreted motor racing in the semi-distant future. This year sees six design studios turning to the silver screen and creating the next ‘A-list automobile', those being: Honda Research and Development Americas, Inc; Hyundai Design North America; Mercedes-Benz Research & Development North America inc.