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Concept Car of the Week: Toyota EX-III (1969)

The Toyota EX-III was presented at the 1969 Tokyo motor show, alongside the EX-I and EX-II concepts. It was by far the most advanced and portrayed a Japanese answer to the American and European dream machines. Just like its smaller sibling, the EX-1, the mid-engined EX-III was designed 'for the increased safety and comfort that tomorrow's high-speed travel will demand,' said the brochure.

1928 Mercedes 680S wins Best of Show at Pebble Beach Concours d'Elegance

A 1928 Mercedes-Benz 680S Saoutchik Torpedo finished in German Chassis gray has taken top honors at the 2012 Pebble Beach Concours d'Elegance. The car is owned by Paul Andrews of Fort Worth, Texas, and was restored by Paul Russell and Co. Andrews acquired the car in 2010 with the assistance of Gooding and Co.

Crunch watch Jan 09: the auto industry in crisis

By Tim Pollard, Ben Pulman and Gareth Evans Motor Industry 30 January 2009 12:39 Friday 30 January 2009• Honda is about to close the Swindon factory for four months when Friday's shifts are finished; the shutdown will affect 2500 of the 3700 staff, who will receive full pay for two months and then 60% pay for the next eight weeks (BBC News)• Porsche has announced a sharp drop in sales and likely profits. It forecasts a 27% drop in 911, Boxster, Cayman and Cayenne sales to around 34,000 units in the six months to the end of January 2009 (Financial Times, subscription required)• Ford wants Washington to do more to stimulate car sales, after posting a record loss of nearly $14.6 billion earlier this week (Detroit News)• Honda's quarterly profit has crashed by 90% – forcing the Japanese car maker to halve its annual profit target (Detroit Free Press)Thursday 29 January 2009• Ford of Europe is a bright spot in the Blue Oval's quarterly results today, making $1.06 billion pre-tax profit in 2008 (up from $997m in 2007). It's the first profit of more than $1bn since 1989 (Automotive News Europe, subscription required)• Volvo suffered a 'disastrous 2008' with a pre-tax loss of $1.46bn.