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Senate releases $350 billion more in bailout money
Fri, 16 Jan 2009The Senate voted Thursday to release a second round of $350 billion in federal aid to rescue financial institutions. The money could be the source of additional loans to automakers, auto finance companies and perhaps suppliers. An earlier allocation of $350 billion funded the first installments of emergency loans to General Motors and Chrysler LLC.
Toyota FT-86 II: Now Toyota mean it. Really
Fri, 04 Mar 2011Toyota FT-86 II at Geneva Toyota has been threatening to produce an affordable sports car for quite a while. And when we first saw the Toyota FT-86 Concept at the end of 2009 (and in the flesh at Goodwood last summer) we’d expected to see it launch this year. Despite that expectation, we discovered in January that Toyota were actually taking a different concept to Geneva – the Toyota FT-86 II – dashing any hopes of the FT-86 in any shape or form hitting the road this year.
Lexus RC Coupe revealed at Tokyo Motor Show
Wed, 20 Nov 2013The Lexus RC coupe debuted on Wednesday at the Tokyo motor show. The RC coupe will available with two different powertrain options; the RC 350 will use a 3.5-liter V6 producing 314 hp, coupled with an eight-speed automatic gearbox including paddle shifters. The RC 300h will be fitted with a 2.5-liter inline four producing 176-bhp combined with an electric motor.
