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Video: A look inside CATLY's studio walls and Toyota FT-1 concept development

Motor Trend has taken a look inside the studio walls of CALTY to produce a documentary of the design development of a star of last week's Detroit auto show, the Toyota FT-1 concept. Toyota's Californian design studio has been responsible for some of the company's best recent work including the Lexus LF-LC concept. In this episode of Downshift, Motor Trend spoke to some of those behind the FT-1's design – Kevin Hunter, CALTY Research president, studio chief designer Alex Shen and William Chergosky, interior chief designer.

Tesla at the London motor show 2008

Tesla Roadster is at the London motor show, but not on a Tesla stand. Wander over to the Greener Driving Pavilion to see the electric sports car By Tim Pollard Motor Shows 24 July 2008 16:32 Green sports car maker Tesla made a guest appearance at the London motor show 2008 with one of its electric Elises in the Greener Driving Pavilion. What's new on Tesla's London motor show stand?

Chrysler Financial gets $1.5 billion federal loan

The U.S. Treasury Department said today it will lend $1.5 billion to a new arm of Chrysler Financial Services LLC so that it can increase lending to vehicle buyers. The five-year loan carries a flexible interest rate.