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Toyota to launch 2 Prius variants in U.S. by 2013, report says

Toyota Motor Corp. reportedly plans to launch two variants of its Prius hybrid in the United States by 2013 as it ramps up plans to leverage its gasoline-electric drivetrain technology to meet stricter emissions standards. One of the new hybrids will be bigger than the Prius, the other smaller, the Wall Street Journal reported, citing unidentified dealers who attended this week's national dealer conference in Las Vegas.

Toyota recalls 35,000 cars

CA MAKER Toyota is recalling more than 35,000 UK cars after it discovered faults that could deactivate airbags, cause seats to move while driving or, in a rarer case that involves undue force, break steering columns. The three separate issues affect some RAV4, Hilux, Yaris and Urban Cruiser models, Toyota said. The Japanese company said there had been no reports of accidents, injuries or fatalities linked to the issues from anywhere in the world, but it was recalling the 35,124 UK-registered vehicles in line with the Driver and Vehicle Standards Agency (DVSA) code of practice.

Ferrari 250 GTO hitting Bonhams in August – but how much will it sell for?

Will the Violati Ferrari 250 GTO (pictured) break the $60 million barrier? The last Ferrari 250 GTO Series 1 to hit auction rooms in 2012, fetched a remarkable $35 million, and last year another 250 GTO – chassis #5111 – was sold in a private deal thought to be worth $52 million. And now another Series 1 250 GTO is about to hit the sale room.