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Renault Twizy Sport F1 concept

The Renault Twizy Sport F1 concept has been unveiled at Renault's plant in Vallalodid, Spain. A collaboration between both Renault Sport F1 and Renault Sport Technologies, the concept sits on the wheels of a single-seater racecar and features a front splitter, side-pods, a rear wing and a diffuser with an F1-style rain light. When looking at the concept, which measures in at 2,600mm long, 1,490mm wide and 1,450mm high, the tires are one of the first things you see, and are the same as those fitted to the Formula Renault 2.0 single-seater.

GM spending $336 million on plant upgrades for Volt production

General Motors on Monday said it would spend $336 million on upgrades to the Hamtramck plant near downtown Detroit to build the Chevrolet Volt hybrid car. The plant will begin building Volt prototypes next spring, using the Hamtramck plant's existing production line. Production of saleable vehicles begins next fall.

Lexus gets new focus

Battered by recalls and public inquisitions, Toyota is hoping to restore its once-pristine image with new hybrid products and a renewed focus on Lexus. Lexus increasingly will be positioned as a “global premium brand,” the company said on Wednesday, and see improved styling, more hybrids and better service. The brand's sales have fallen 9 percent this year, to 26,674 in the United States.