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Lexus LFA supercar is sold out, Toyota says

Toyota has sold all 500 copies of the Lexus LFA supercar that it plans to build. Toyota will build only 20 copies of the 552-hp two-seater per month for a two-year period beginning in December. Each car carries a $375,000 base sticker price.

Nissan designs A Class catamaran

Nissan has today announced that it has designed and built a catamaran as the latest part of its non-automotive design and development program. Matt Struble, who led the design and modeling team at Nissan Design America (NDA) in San Diego, will be racing the Class A Catamaran in the 2011 World Championship from August 13 through 20 in Skødstrup, Denmark. The team sought to improve and smooth all aspects of aero- and hydro-dynamics of the vessel, with the boat's composite structure designed and built in-house.

Peugeot-Citroen signs £1.3bn rescue deal

French car manufacturing giant PSA Peugeot-Citroen has signed a £1.32 billion deal with Chinese carmaker Dongfeng Motors and the French government to secure its future. The far-eastern firm and the French government will each invest €800 million (around £660 million). Both organisations will receive a 14% stake in the business.