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Eve of Eyes kicks off festivities for the EyesOn Design car show

Designers of all ages and and stripes descended on the ancestral home of General Motors styling on Thursday night for the annual Eve of Eyes event that kicks off festivities for the EyesOn Design car show. The spotlight event is always a favorite of designers to mingle, network and ponder their craft over drinks and light fare. This year, it was held in a fitting venue--the College for Creative Studies.

Peugeot-Citroen signs £1.3bn rescue deal

French car manufacturing giant PSA Peugeot-Citroen has signed a £1.32 billion deal with Chinese carmaker Dongfeng Motors and the French government to secure its future. The far-eastern firm and the French government will each invest €800 million (around £660 million). Both organisations will receive a 14% stake in the business.

The Toyota FT-1 concept would make a damn fine new Supra

The Detroit auto show is just getting started, and Toyota has kicked things off with a nice surprise: The racy FT-1 concept. A product of Toyota's Calty Design Research facility, the FT-1 concept shares some of the swoops and vents with the Lexus RC F. But there's a boatload of high-performance styling cues there, too: Take a quick glance and you might spot the front end of a Ferrari Enzo, the profile of the Nissan GT-R, the double-bubble roof of the SRT Viper/any number of Zagato creations and the oversized retractable rear wing of the McLaren P1.