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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.

Suzuki refreshes Swift with five-door Sport and 4x4 model

Suzuki is offering its cracking little warm hatch, the Swift Sport, with five doors for 2013. The family-friendly model shares its powertrain with the three-door Swift CAR ran (and loved) as a long termer last year – that means a naturally aspirated, 1.6-litre engine good for 134bhp, a six-speed manual gearbox and 0-62mph in 8.7sec. Suzuki says it expects one-third of Swift Sport customers to opt for the five-door model – sales have so far averaged 1200 a year in the UK.

Concept Car of the Week: Honda Unibox (2001)

The Tokyo motor show is famous for unusual concepts and the 2001 edition didn't disappoint, featuring some of the weirdest yet. Nissan unveiled the Nails, Toyota its Pod and Isuzu the Zen, but Honda had arguably the most intelligent concept there – the Unibox. With its square shape, truss aluminum frame, wooden floor and flat, glazed walls the Unibox sits on the fence between automobile and architecture.