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Toyota ME.WE concept

Toyota and leading European industrial designer Jean-Marie Massaud have developed a new electric car concept, dubbed the ME.WE. Developed at Toyota's ED2, Massaud and Toyota wanted the ME.WE – named after personal wellbeing and that of others – to be adaptable to suit a range of lifestyles while being high quality. It also had to "propose an alternative synthesis based on personal choices about vehicle architecture, lower running costs and the way the vehicle will be used".

Smart Forspeed concept signals new design direction

Smart will unveil a new concept at the forthcoming Geneva motor show that signals a new design direction, hints at future product and confirms parent company Daimler's renewed commitment to the brand. Car Design News was granted early access to the concept, baptized Forspeed, at a secret photography studio in Stuttgart last week and heard the head of advanced design, Steffen Kohl, explain how the two-seat, electric-powered vehicle prefaces design themes in both the next Fortwo and the revived Forfour, which will be launched in 2014. "The fullness of this concept's exterior surfaces is important and will be reflected in future production models," said Kohl, "Smart will still be short, spacey, agile, and with wheels at the corners of the car, but with an added sporty and emotional design and without losing all the brand's iconic elements like its ‘plastic fantastic' aspect and the safe and hi-tech modular tridion shell assembled with all these changeable body parts.

Hendrick buys first Corvette Stingray

Race team owner and car dealer Rick Hendrick bought the first 2014 Chevrolet Corvette Stingray, VIN 0001, at the Barrett-Jackson car auction in Scottsdale, Ariz., on Jan. 19. Hendrick's winning bid was $1.05 million, for a car that's estimated to have a sticker price around $60,000.