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New Rolls Royce marks water speed records

A POWERFUL land vehicle which pays homage to speed on water has been unveiled by Rolls-Royce. The car company showed off its limited-edition Waterspeed Phantom Drophead Coupe on the site of the original Bluebird Motor Company forever associated with the speed record-holding Campbell family. The site is now the Bluebird restaurant on the King's Road in west London, with the Bluebird company having funded Sir Malcolm Campbell's waterspeed record attempts.

Infiniti to sell luxury EV in 2013

Infiniti plans to launch its first luxury electric vehicle in the United States and other global markets in 2013. Nissan Motor Co.'s luxury division said Friday that the Infiniti EV will be “a stylish, high performance five-seat luxury vehicle with zero emissions technology.” Infiniti first announced plans to market an electric vehicle last year but offered few details until now. It will be based on the same platform as the Nissan Leaf, an electric car scheduled to go on sale later this year.

Toyota aims for a comeback, shuffles execs

Toyota, unveiling a new business plan to double operating profit by 2015, will remove its head of North America from a downsized board and promote Canada chief Ray Tanguay to be its highest non-Japanese executive. Yoshi Inaba, 65, continues to lead Toyota North America and Toyota Motor Sales U.S.A. while becoming one of 18 directors to lose board seats.