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Alfa Romeo to go all-RWD

And Alfa Romeo's saga of restructuring, postponing and rejiggering continues, swathed in announcements, reports, rumor and innuendo. A few months ago, the product plan at the Italian automaker centered around the existing MiTo and Giulietta (cousins of the 500 and Dart, respectively), the almost-at-hand 4C, the upcoming Giulia sedan and the Duetto, a roadster based on the next Miata. Forget that.

Countach Sets Record Auction Price

A 1982 Lamborghini Countach was the highlight at a recent historics auction at the famous Brooklands Museum. The Countach was clearly the sale star, soaring to nearly three times its reserve price and settling at what is believed to be a UK auction record for this model, at £337,120 including commission and tax. The auction hall was treated to a struggle between bidders for ownership of the 8,500 mile car, which has been in professional storage for the last 23 years.

Toyota drops plans for Electric Cars

Toyota has decided that there is little future for electric cars and has reigned in its plans to build battery electric vehicles. When you think of hybrid cars, you think of Toyota. But Toyota didn’t want to be left behind if battery electric cars strike a chord with buyers, so they were planning an extensive roll-out of the iQ EV – the Toyota eQ.