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Toyota and Lexus secret hybrid cars revealed

By Georg Kacher Motor Industry 03 September 2008 11:50 CAR Online has compiled a secret dossier of all the hybrid petrol-electric cars under development at Toyota and Lexus. Today we can reveal a new wave of eco-friendly plug-in hybrids – with confidential details of the next Prius and all the new models that will build on the success of Toyota and Lexus battery cars. There will be a new family of Prius hybrid models, as previously reported in CAR, as well as a new Lexus RX hybrid, sportier batter-powered cars and a top-secret petrol-electric Lexus hatchback.

Used cars 'getting cheaper'

CONSUMERS holding on to their motor for longer are driving down the cost of used cars, according to new research. The average price for a second-hand car in July-September 2011 was £8,870 - a 2.4% decline compared with the same period a year ago, according to the Auto Trader company. It is the first time the price has dipped below £9,000 since the company started tracking the market in January 2010.

Spyker signs deal with China's Hawtai Motor to raise funds for Saab

Saab owner Spyker Cars on Tuesday said it has signed an agreement with China's Hawtai Motor Group to form joint ventures for manufacturing, technology and distribution. The agreement will also provide $222 million (150 million euros) funding for Saab, which has been forced to halt production because it cannot pay suppliers' bills. Victor Muller, Spyker CEO and Saab chairman, said the partnership will allow Saab to enter the Chinese car market with a strong Chinese manufacturer.