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Qoros GQ3: Chinese rival for the Ford Focus revealed

The first of a new range of cars from the Chinese Qoros brand – the Qoros GQ3 – has been revealed ahead of a debut at Geneva 2013. Three months ahead of that reveal Qoros has jumped in with a reveal of their first offering and some details about what it has on offer. Unsurprisingly, the reality is somewhat less exciting to look at than the dynamic-looking teaser image we saw last month. Planned to go on sale in both China and Europe during 2013 the Qoros GQ3 is aimed at young buyers, although why any car company would build a C-Segment saloon and expect young buyers to lap it up in Europe is beyond us.

Win a Porsche Boxster and help fight cancer

To help fund research for the Lymphoma & Leukemia Society, a raffle called Drive Away Cancer is offering a 2010 Porsche Boxster or $55,000 as the grand prize. The Drive Away Cancer campaign is organized by Omar Dawood, a survivor of stage IV hodgkins lymphoma who was diagnosed at age 14. He is now a physician and was recently nominated Man of the Year by the Lymphoma & Leukemia Society.

Toyoda says company is ‘grasping for salvation', fears big sales loss

Toyota Motor Corp. President Akio Toyoda said his money-losing automaker is “grasping for salvation” as it struggles to return to profit. The world's largest car company was once targeting annual sales of 10 million vehicles but now expects sales of 7.3 million this year, down from 8.97 million in 2008, Toyoda said today at a news conference.