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Concept Car of the Week: Toyota EX-III (1969)

The Toyota EX-III was presented at the 1969 Tokyo motor show, alongside the EX-I and EX-II concepts. It was by far the most advanced and portrayed a Japanese answer to the American and European dream machines. Just like its smaller sibling, the EX-1, the mid-engined EX-III was designed 'for the increased safety and comfort that tomorrow's high-speed travel will demand,' said the brochure.

Mercedes-Benz CLS63 AMG wagon revealed ahead of Paris motor show debut

Mercedes-Benz has followed the public debut of the standard CLS Shooting Brake wagon at the recent Goodwood Festival of Speed with the unveiling of a potent 518-hp AMG version. But like the CLS wagon, the CLS63 AMG wagon won't be coming to the United States. Set to reach European showrooms in October after a formal reveal at the Paris motor show, the CLS63 AMG Shooting Brake is powered by the same turbocharged 5.5-liter V8 gasoline engine as the CLS63 AMG sedan.

Daimler to build a fifth Mercedes-Benz model at its Alabama plant

Daimler AG said it will invest $350 million to produce a fifth Mercedes-Benz model at its factory in Vance, Ala., starting in 2015. The investment will create an additional 400 jobs at the plant. The company did not provide details about the additional vehicle.