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Toyota TS040 Hybrid (2014) first official pictures

By Ollie Kew First Official Pictures 27 March 2014 12:00 Toyota has shown its hand as the titanic clash of the 2014 24 Hours of Le Mans draws ever closer. This is the Toyota TS040 Hybrid, which will fight the Audi R18 Ultra and Porsche 919 Hybrid for LMP1 honours this year. It’s the biggest (and possibly the best-sounding) engine of the three LMP1 big-hitters.

U.S. auto sales continue to plunge in February

February sales for each of the top six U.S. automakers plunged more than 37 percent in February--the worst month since December 1981. "We are in an automotive depression amid 'The Great Recession,' " Standard and Poor's analyst Efraim Levy said in a report.

Who’s Where: Peter Horbury appointed Senior Vice President Design at Geely Group

Peter Horbury, presently Vice President of Design at Volvo Car Corporation, is set to join a growing roster of design directors who have relocated to China – the most recent being Gert Hildebrandt who was appointed Design Director at Chery Quantum Auto Co. (a joint venture between Chery Automobile, China's largest independent car manufacturer, and Israel Corp.) earlier this year. Horbury, who will be taking up a new position as Senior Vice President of Design at Geely Group, will be based in Sanya, in the Hainan Province of China.