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Video: Targa Newfoundland claims a Ferrari Enzo

While competing in the 2011 Targa Newfoundland Rally, driver Zahir Rana crashed his highly customized Ferrari Enzo into the Atlantic Ocean. Both Rana and his navigator, Roland Linder, were unharmed in the incident, and the vehicle appears to be in good cosmetic shape despite its submerged state. With an infinitely better attitude than most, Rana and Linder expressed their perspective on competitive risks and their outlooks on returning to racing.

Toyota to unveil low-cost car next month

Toyota said it will unveil a concept of its new car for emerging markets at the New Delhi auto show on Jan. 5. The Japanese automaker plans to sell the low-cost compact car in markets such as India, Russia and Latin America.

Renault Twizy (2011): the tandem-seat electric city car

This is the production version of the Renault Twizy, a mad 1+1 tandem-seat electric city car that will go on sale in the UK in early 2012. It’s just been unveiled at the 2010 Paris motor show. And 12 months on in Paris Renault has unveiled the production version.