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Desperately seeking Toyota Carina E

It’s 20 years next month since Toyota opened its Burnaston Plant in the UK, and they’re desperately seeking the earliest Carina E built in 1992. Twenty years ago next month, in December 1992, Toyota started producing cars in the UK in a new plant at Burnaston in Derbyshire. And with such a milestone looming, Toyota are keen to celebrate.

New compact Lexus SUV based on Toyota RAV4 on the way

Lexus are planning a compact SUV to slot in below the RX, and based on the Toyota RAV4, to compete in the compact SUV market. Which explains why Lexus are looking for a model to slot in below the hybrid RX (pictured above) – a full size SUV/Crossover – to keep them competitive. And what easier way to go than to take the new Toyota RAV4 and turn it in to a Lexus?

Higher gas prices? Blame ethanol

MarketWatch reported today that the price of ethanol has seen a 30-percent price increase so far this year, taking the price of gasoline up with it, since a good majority of "gasoline" sold today is around 10 percent ethanol. The average price of a gallon of gas today is $2.30, according to FactSet data, but this has varied since the beginning of 2014. Despite the recent surge, ethanol prices have also proved to be rather volatile with reports of it dropping 8 percent this past Thursday after falling 10 percent just the day before.