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Toyota Yaris Hybrid-R concept (2013) at Frankfurt motor show

Toyota has released fresh information regarding its 414bhp supermini concept ahead of its debut at next month’s Frankfurt motor show. The Yaris Hybrid R drivetrain features Toyota Motorsport’s 1.6-litre racing petrol engine to power the front wheels and twin electric motors generating 60bhp apiece to run those at the back, giving the car all-wheel drive and a combined output of up to 414bhp. The car also makes use of a supercapacitor inspired by Toyota’s TS030 Hybrid Le Mans racer – energy generated under heavy braking is stored and can be quickly deployed to the rear wheels for an extra burst of power.

News watch December 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Monday 31 December 2012• Despite reports earlier this month that shareholders valued Mercedes-Benz at half that of its luxury rival BMW, Mercedes CEO Dieter Zetsche has remained bullish about his ambitious targets for the carmaker's growth. 'I am confident that we will be ahead of our rivals by 2020 at the latest,' he told German newspaper Boersen-Zeitung in an interview.

Autoweek, Hagerty preview Barrett-Jackson

Barrett-Jackson isn’t just about American muscle cars. In the video above, our own associate editor and newly minted K-car owner, Graham “Kozy” Kozak joins with Hagerty’s classic-car experts, Dave Kinney and Rob Sass, to check out a selection of cars that will soon be under the bright lights of the Barrett-Jackson auction block. Watch as Kozak tries to keep his cool while ogling a Crosley and then totally disses a fakey-doo flaubach.