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One Lap of the Web: Peugeot climbs, an extremist sinks and a proposed $1,500 race car

We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Peugeot has prepped a Pikes Peak 208, and the folks at Gizmag take an in-depth look at the car.

BMW 7-series hybrid due in 2009

By Nick Gibbs Motor Industry 07 July 2008 14:30 BMW will launch a hybrid petrol version of the newly unveiled 7-series in 2009, but admits it’s more for green-leaning V8 addicts than seriously eco-aware bosses. Even with the latest lithium-ion batteries, the forthcoming 4.4-litre V8 petrol-electric version will struggle to match the astonishing 39.2mpg and 192g/km of CO2 of the new six-cylinder diesel, especially when BMW will launch stop-start technology for the whole range within two years. The hybrid is likely to cost several thousand more than the £65,000 it’s estimated you’ll need to buy the regular, twin-turbo 750i that goes on sale in November 2008.

Toyota recalls Highlander and Lexus hybrids, IS and GS sedans

Toyota announced two recalls on Wednesday that include 369,000 vehicles worldwide, 235,000 of which are in the United States. The hybrids have a problem with a transistor, while the 3.5-liter V6 is having problems with its variable valve timing control device. The first recall includes Highlander Hybrid models from 2006-2010 and the Lexus RX 400h from 2006-2008.