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Toyota concepts

Toyota is set to unveil a trio of concepts at this year's Tokyo motor show. Taking snap-shots of the future of Toyota, they are said to represent the 'near-future, mid-term and far out.' Details on all three are currently limited, so stay tuned to CDN for our Tokyo show coverage, where we will bring you more details and images of all three cars. The FT-EV III represents the ‘near future'.

Bugatti sell their 400th Veyron – just 50 left to go. But what next for Bugatti?

The 400th Veyron – a Grand Sport Vitesse Jean-Pierre Wimille Special Edition Bugatti may have come to rely on ‘Special Edition’ Veyrons to keep making sales, but they’re now getting close to the end of their production run. The Veyron – which debuted in 2005 – is limited to a total of 300 coupes and 150 Roadsters, and all the coupes are long gone with just the Roadsters left to finish their run, and only 50 of are those left to sell. Not surprisingly, the 400th Veyron to be sold – the latest Veyron Grand Sport Vitesse Jean-Pierre Wimille Special Edition – went to a client in the Middle East at a hefty €2.14 million which, at a rates of around one a week sold for the last eight years, means the Veyron will be consigned to the Bugatti history book by the end of 2014.

GM closes UK Advanced Design Studio

CDN has learnt that General Motors is closing its UK Advanced Design Studio as part of its ongoing restructuring program. Clay Dean, GM's executive director of advanced global design and Cadillac's brand director, arrived at the studio on 4 August to announce the closure to staff. The UK studio, which opened in 1999, was predominantly involved in the creation of Cadillac concept cars and was originally planned to be a short-term confidential operation as the smallest of GM's design studios.