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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.

Ferrari salutes Sergio Pininfarina

Ferrari has a singular identity, but the look, the image and the attitude were crafted, elevated and carefully honed largely by another superlative Italian company—Pininfarina. Mindful of this, the Prancing Horse paid tribute to longtime Pininfarina chairman Sergio Pininfarina, who died on July 2 at the age of 85. “Calling his relation with Ferrari legendary is insufficient,” Ferrari chairman Luca di Montezemolo said in a statement.

Beijing Jeep Corporation BJ2S

These are pictures of the BJ2S, the first new Chinese military jeep in 35 years. Hailing from the Beijing Jeep Corporation (BJC), the BJ2S is also called the 'Warrior' and was designed by Edward Wong. The entire concept came to realization in a scant two and a half months. Wong took inspiration from Bruce Lee and the Shaolin monks when creating the BJ2S, a utilitarian design theme with a front fascia drawing on the face of the kylin, an auspicious animal in Chinese culture.