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Toyota prices RAV4 EV at $50,610 before tax incentives

Toyota Motor Corp. unveiled the production version of its RAV4 electric vehicle, which carries a battery pack and electric motor system developed in collaboration with Tesla Motors. The crossover will carry a sticker price of $50,610 including an $810 destination charge but before available tax incentives of $2,500 in California and $7,500 at the federal level.

Mercedes brings virtual reality to life

MERCEDES-BENZ has created a real-life version of the racing car it designed for the Playstation 3 racing game Gran Turismo 6. Called the Mercedes-benz AMG Vision Gran Turismo, the full-size concept car previews the one that will appear in the computer game. The real-life racer takes its inspiration from Mercedes’ 1950’s racing cars, except the Vision Grand Turismo has LED lights where the classic racers had louvres.

Petersen museum executive director to retire

The executive director of the Petersen Automotive Museum is retiring after a 12-year-run at the helm of one of the nation's preeminent car collections. Richard Messer is stepping down to concentrate on other business interests. He will be replaced by Buddy Pepp on June 15.