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Volume sales of plug-in Toyota Prius to begin in two years

Toyota will start leasing 150 of its Prius plug-in hybrids in the United States this winter and plans retail sales of tens of thousands in two years. The North American arrival, scheduled for around February, is part of a global rollout of 600 units. With a longer electric-only cruise range than the standard Prius, the plug-in is Toyota's answer to the Chevrolet Volt extended-range hybrid being launched next year by General Motors Co.

Chrysler repays $7.6 billion in outstanding U.S., Canadian loans

Chrysler on Tuesday repaid $7.6 billion in loans to the U.S. and Canadian governments, nearly two years after the No. 3 automaker was rescued.

New Audi TT at Tokyo Show? Or could it be the Audi R4?

Audi R4 (left) or new Audi TT (right)? A few weeks ago Audi Blog in the Netherlands ran a sketch of what they thought was a new Audi TT. But it was a very basic sketch and, although interesting, we didn’t pursue it.