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Toyota to show FT86 Convertible at 2013 Geneva show

Toyota is bringing a drop-top GT86 to next month's Geneva motor show. Based on its sublime lightweight GT86 coupe, the FT-86 Open (the show car has ditched the 'GT' name reverted to the 'FT' tag because it's currently only a concept) will be revealed in March 2013. 'FT' stands for 'Future Toyota', and Toyota has already started the media tease by releasing this sketch. Is the Toyota GT86 convertible confirmed for production?

GM posts wider loss, burns through $5.2 billion in cash

General Motors, battered by a global economic collapse and buoyed by U.S. rescue loans, posted its sixth straight quarterly loss and burned through $5.2 billion in cash as revenue shrank by more than a third. The net loss of $9.6 billion in the fourth quarter compares with a loss of $1.5 billion a year earlier.

Koenigsegg One:1 preparing for Geneva & hosted by Christian von Koenigsegg (video)

Christian von Koenigsegg walks us round the new Koenigsegg One:1 The first sniff of the Koenigsegg One:1 came at the end of 2012 when Cars UK exclusively revealed the first details of Koenigsegg’s Megacar. It took more than a year for Christian von Koenigsegg and his intrepid team to complete the first car, but it was worth the wait. Probably the supercar star of the Geneva Motor Show earlier this month, the One:1 gets 1360 HP and weighs just 1360KG – the the world’s first 1:1 power to curb weight ratio supercar – and has 2G cornering ability and 610kg of downforce at 160mph thanks to active aerodynamics.