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Toyota Fun-Vii concept

Billed as the automotive equivalent of the smartphone, the Toyota Fun-Vii concept is part of the ‘Fun to Drive, Again' section of Toyota's concept car onslaught at the 2011 Tokyo motor show. The Fun-Vii is a socially-integrated vehicle that can change its appearance as quickly as the owner can download an app. The surfacing of the concept can be used as a display surface for business, with the body color and display content changeable at will.

You can make Benz payments on your iPhone

For our young readers, this may seem like nothing. But for the more mature set, here's a new function for your iPhone or iPod Touch--you can make the payment on your Benz. Mercedes-Benz Financial has launched its iPhone app, just three months after launching the pay-from-your-smart-phone project.

Report: Gasoline engine has big bang for the fuel-economy buck

A government report says improving the gasoline engine will yield huge gains for the consumer and the environment as automakers consider ways to improve fuel economy over the next 14 years. The Obama administration's technical assessment looked at four technology scenarios by which automakers might attain suggested CAFE goals of 47 to 62 mpg for cars and light trucks by 2025. The scenarios differed by the portion of an automaker's fleet that was accounted for by electrics, hybrid electrics and plug-in hybrid electrics.