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Toyoda says company is ‘grasping for salvation', fears big sales loss

Toyota Motor Corp. President Akio Toyoda said his money-losing automaker is “grasping for salvation” as it struggles to return to profit. The world's largest car company was once targeting annual sales of 10 million vehicles but now expects sales of 7.3 million this year, down from 8.97 million in 2008, Toyoda said today at a news conference.

Video: Duel for the Crown: Ferrari F40 versus 599 GTB Fiorano

What's better than an open desert mountain road? How about having a Ferrari or two with which to tackle it--especially when said steeds are the famed F40 and a 599 GTB Fiorano? This recently released video from Ferrari shows that, while decades separate the cars, and their ethos are on opposite ends of the spectrum, the pure performance isn't so different--a fact that speaks highly of the F40.

BMW 4 Series Gran Coupe (2014) full details, price and pics

Already confused about the new BMW 3 Series and 4 Series range structure? Prepare to become even more boggled, as BMW has now officially revealed the new 4 Series Gran Coupe. Which is a five-door version of the two-door 4 Series Coupe that shares underpinnings with the four-door 3 Series Saloon, and looks from some angles like the slimmer, fitter brother of the five-door 3 Series GT.