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De Tomaso fails to sell

The De Tomaso brand failed to attract a bid in auction this week But it appears that the liquidators for the De Tomaso assetts have already disposed of the factory and land, and this week the brand and trademarks were on the auction block, with a starting price of  €1.6 million. But there were no takers. Not one.

New Toyota MR-2 Hybrid planned?

Bset Car Magazine's take on a new hybrid MR-2 / MR-S The Toyota MR-2 was a much loved sports car in its day (despite the MR-2 bit sounding like ‘Sh*t’ if said in French) and lovers of the MR-2 have long bemoaned its passing. But if reports by Japan’s Best Car Magazine are to be believed, Toyota are planning a new MR-2 as a hybrid to take on the Honda CR-Z Coupe. Which does have a ring of truth to it.

Chrysler, Nissan and GM lead industry to 8 percent gain

UPDATED--Chrysler Group, Nissan North America and General Motors led the industry to an 8 percent U.S. sales gain in August. The seasonally adjusted sales rate slipped to 12.13 million from July's 12.24 million as a stagnant economy, last week's U.S.