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BMW & Toyota agree joint development of new sports car

BMW and Toyota have signed a binding agreement to co-develop a new sports car and continue with co-developed and shared technology. The way forward for car makers seems to be either to be as big as possible for the benefits of economy of scale, or to work together on joint products to cut development costs. Which is why BMW and Toyota are getting cosy.

Huayra paves the way for Pagani sales in the U.S.

The Pagani Huayra will pave the way for the Italian company to begin selling its cars in the United States later this year. Pagani Automobili said on Monday that the 700-hp Huayra will be sold through a network of dealers. But it did not say how many dealerships it would have, where they would be located and when sales would start.

Mitsubishi takes its Evo X racing

By Ben Whitworth First Official Pictures 16 September 2008 13:22 Mitsubishi is taking its Evo X racing. Working with ADR Motorsport - the team that already builds and runs the two-works Mitsubishis currently competing in the British Rally Championship – Mitsubishi will enter a race-prepped Evolution X into the Britcar Championship.Driven by BTCC regular James Kaye, the Mitsubishi works entry will wear the official red and chrome Ralliart livery and make its public debut at this weekend’s Britcar 24-hour race 'It is anticipated that the engine will develop around 400bhp which, together with the Evo’s four-wheel-drive system and inherently good chassis, should make it a highly-competitive package,' said Kaye. If all goes well, Kaye will contest a full season in the 2009 Britcar Championship series.