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Toyota Avensis, Prius & Corolla recall affects 75,000 UK cars

Toyota is recalling 75,000 Corolla, Avensis and Prius models in the UK – and 2.7 million worldwide – to fix a steering fault. Last month, Toyota revealed a recall for the Auris, RAV4 and Yaris to fix a fault with electric window switches, and just to make sure those cars weren’t the only faulty Toyota’s, they’ve managed to find a fault with the steering on the Corolla  Avensis and Prius. Oh, and the Prius might have a water pump problem.

Ford and Geely agree on Volvo sale, could finalize deal in early 2010

Ford expects to sign a deal to sell its Volvo car unit to China's Zhejiang Geely Holding Group by the first quarter of 2010 and close the deal in the second quarter, the U.S. automaker announced today. Ford said that all of the deal's key commercial terms have been settled.

GM's Tom Peters on breaking Corvette design tradition [w/Video]

GM design director of performance vehicles and full-size trucks Tom Peters has defended his decision to break from Corvette tradition by abandoning round rear lamps for the 2014 Stingray in an Autoweek video. The rear lamp design of the new model has been criticized as being "too Camaro" by some, to which Peters challenges them to park one alongside the other before he highlights just how different they are. Functionality also played a key role in the rear lamps' redesign, he explains, such as rear aerodynamic considerations, new LED technology previously unused in Corvette design, and depth of sculpture opportunities.