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Toyota GT 86 (2012) first official pictures

Toyota has a long history of long gestations for its sports cars (remember the Lexus LFA's birth?). But today we can finally bring you the first pictures of the new Toyota GT 86 sports car, ne FT-86 concept car from back in 2009. We'll see the GT 86 at the Tokyo auto show in the next week, with UK sales due in spring 2012.

Road management proposals 'could save millions'

£2.6 MILLION IN TAXES could be saved over the next decade by reforming how roads are managed, the Department for Transport has said. Roads Minister Robert Goodwill unveiled a consultation on turning the Highways Agency into a Government-owned company. In a statement to MPs, Mr Goodwill said the reforms would mean the creation of a "road user watchdog" similar to Passenger Focus on the railways.

Singapore billionaire Peter Lim invests in McLaren Automotive

Singapore billionaire Peter Lim has invested in McLaren Automotive and has taken a spot on the board of directors along with Ron Dennis, Mansour Ojjeh and the Bahrain Mumtalakat Holding Co., McLaren said on Friday. The company declined to reveal the amount of the investment, but privately held McLaren said it is a “significant amount.” More details of the deal will be announced closer to the Singapore Grand Prix. Lim is ranked as the eighth-richest businessperson in Singapore, according to Forbes, and he owns a chain of Manchester United-themed restaurants and bars in Asia.