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Toyota fails to land 'top safety pick' rating in insurance-group study

For the first time in three years, none of Toyota Motor Corp.'s vehicles received “top safety pick” ratings from an insurance group, as tougher criteria pared the number of selections from 94 last year to 27 this year. Ford Motor Co. led all automakers for the second year in a row with six 2010-model top safety picks from the Insurance Institute for Highway Safety, including four from Volvo, a brand that's being sold.

Lotus to create 100 new jobs (2013)

Lotus is bouncing back from the five-car plan debacle that saw its CEO Dany Bahar dismissed for professional misconduct, and an ambitious plot to launch a Porsche-slaying five-car range go up in smoke without so much a test mule spy shot. The Norfolk-based outfit has announced today the creation of 103 new jobs to meet rising demand not just for its cars, but the brand’s legendary car set-up skills too. It follows a £100m investment from parent DRB-HICOM earlier in 2013.

Revolutionizing the BMW M3

BMW is less than a year away from officially revealing the fifth generation of the menacing M3, the first to receive turbocharged six-cylinder power. The performance sedan, code-named F80, is expected to appear as a lightly veiled concept at the 2013 Geneva motor show, debuting the appearance and mechanical package of the M division's eagerly anticipated Mercedes-Benz C63 AMG rival. A showroom-ready version with a production interior arrives at next year's Frankfurt motor show, BMW sources say.