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Lexus targets BMW X3 with new crossover

LEXUS is set to join the mid-size crossover fray when it launches the NX at the Beijing Motor Show later this month. The move could be a massive one for Lexus as it tests the water in what has become one of the fastest-growing and fiercest-fought market sectors of them all. This teaser shot is all that Lexus is willing to show of the new car before then, but the headlight shape is clearly inspired by the formidable LFA hypercar.

De Tomaso sold by Rossignolo

De Tomaso sold to unknown investors De Tomaso – the ill-fated Italian supercar maker – has been sold by Gian Mario Rossignolo after a financially fraught revival attempt. De Tomaso seems fated to lurch from one financial crisis to another – as it has throughout its history – with the latest efforts by former Fiat executive Gian Mario Rossignolo to revive the marque floundering for investment. And it looks like Rossignolo has given up the fight and sold out to unnamed investors.

U.S. auto-safety agency study finds driver error in most Toyota accidents

Brakes weren't applied by drivers of Toyota vehicles in at least 35 of 58 crashes blamed on unintended acceleration, U.S. auto-safety regulators said after studying data recorders. The National Highway Traffic Safety Administration also saw no evidence of electronics-related causes for the accidents in reviewing the vehicle recorders, known as black boxes, the agency said today in a report to lawmakers.