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Toyota & Lexus news at 2009 Tokyo motor show

The vibe on the Toyota stand is subdued, yet upbeat at the same time. They're chuffed to bits with their new products on show, but we can't help remembering Japan's – and the world's – premier car maker's $4.9 billion loss last year. And it's forecast to lose a similar amount in 2009.

Lack of history loses 20% of a car’s value

A CAR being sold without a full service history is worth one-fifth less on average than a car with a fully stamped service book. This amounts to an average of £1464 for the typical used car sold in the UK with a price of £7706. A study by Kwik Fit found buyers expect a 19% discount for cars with incomplete or no service history, which is costing the used car industry £10 billion per year in lost revenue.

Paul Walker's Skyline GT-R goes on sale for one million Euros

GT-A is a restoration shop in Ismaning, a small town near Munich, specializing in restorations and classic-car sales. For 30 years, they've meticulously restored and maintained cars from every continent and of every type. Their inventory is eclectic and occasionally mind-bending.