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Jaguar tells design story behind new XF Sportbrake [w/video]

Jaguar has released a walk-through of the design of its new XF Sportbrake, which debuted at last week's Geneva motor show. The video features Jaguar design boss Ian Callum and Studio Director Wayne Burgess explaining how the design team managed to keep the company's first official estate car in line with the sportiness and luxury nature of Jaguar brand. Callum says, "I know it's a very practical car, there's an amount of pragmatism in it, it is functional, but at the end of the day it is we call a Sportbrake, it has to look to sporty.

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.

Daimler, Renault-Nissan in talks on fuel cell

German automaker Daimler AG is talking to partners Renault SA and Nissan Motor Co. about working together on fuel cell technology, the German automaker's head of research and development told Reuters in an interview. "Fuel cell technology is also electric so it could make a lot of sense to join forces also in this field," Thomas Weber, board member for r&d at the maker of Mercedes-Benz and Smart cars, said at the Shanghai auto show.