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Jaguar C-X17 crossover concept revealed ahead of Frankfurt motor show debut

Update: Video of the C-X17 concept in action added below. Jaguar has revealed the C-X17 concept ahead of its Frankfurt motor show debut, further underscoring the importance of an ever-growing luxury crossover/SUV segment. Looking a bit more like a bulked-up wagon than a scaled-down faux-truck, the C-X17 benefits from a stiff, lightweight aluminum monocoque.

Toyota Urban Utility concept embraces maker movement

Toyota has unveiled a concept designed in response to the maker movement. Called the Urban Utility, or U2, the vehicle is intended to appeal to those who have embraced maker culture - the trend of learning new practical skills, embracing new construction technologies like 3D printing, and applying them in an inventive and often entrepreneurial way. The U2 will be unveiled at the World Maker Faire in New York City on 20 September and was designed at Toyota's Calty studio in Newport Beach, CA.

Senate releases $350 billion more in bailout money

The Senate voted Thursday to release a second round of $350 billion in federal aid to rescue financial institutions. The money could be the source of additional loans to automakers, auto finance companies and perhaps suppliers. An earlier allocation of $350 billion funded the first installments of emergency loans to General Motors and Chrysler LLC.