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Last Lexus LFA leaves Motomachi Plant

The very last Lexus LFA – LFA #500 – has left the Motomachi Plant in Japan two years after production started and three years after the LFA was revealed. The idea of a Lexus supercar that cost so much seemed barking mad, but the LFA turned out to be a very special car indeed, not just for its build and performance but for what it meant for Lexus and Toyota – a future that would encompass many of the LFA’s design cues and DNA in future mainstream models. But three years after the LFA debuted, and exactly two years after the LFA went in to production at the TMC dedicated production facility at the Motomachi Plant, Aichi Prefecture, the last LFA – a white LFA Nurburgring Package #500 – has left the building.

Daimler agrees to unload remaining Chrysler stake

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.

Toyota FT-86 Concept – say ‘hachi roku’

The Toyota FT-86 Concept will preview at Tokyo The FT-86 (hachi roku is Japanese for 86) is a small (13′ 8″ long) rear-wheel drive sports coupe which is going to turn up not just as a Toyota but also as a Subaru. It uses the 2.0 Boxer engine found in the Impreza, but by the time it finds its way to market in 2011 – as both a Toyota and a Subaru – it’s likely to get the next generation Boxer lump. The FT-86 is Toyota’s way of launching itself back in to the sports market – a market it once did well in with cars like the MR2 – and gain some credibility, and custom, from younger drivers.