Volkswagen Gti Ignition Switch on 2040-parts.com

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.

'Need for Speed' custom Ford Mustang sells for $300,000

The customized Ford Mustang from "Need for Speed" recently sold for big bucks at Barrett-Jackson, to the tune of $300,000. It may seem like a lot for a Mustang with a body kit in a movie that isn't going to win any awards. But the money went to a good cause -- it supports the Edith and Benson Ford Heart & Vascular Institute.

Ford S-Max concept (2013) at Frankfurt motor show

This is new Ford S-Max MPV, in thinly veiled concept car form. In all but the spangliest details though, this is Ford’s sporty new MPV, ushering in a host of on-board tech features, and a new 1.5-litre Ecoboost petrol engine. The show car’s party pieces are health-monitoring gadgets, recording data like heart rates and glucose levels.