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Toyota & Lexus news at 2009 Tokyo motor show

The vibe on the Toyota stand is subdued, yet upbeat at the same time. They're chuffed to bits with their new products on show, but we can't help remembering Japan's – and the world's – premier car maker's $4.9 billion loss last year. And it's forecast to lose a similar amount in 2009.

Cadillac ATS and Tesla Model S make final five in Innovation By Design Award's 'Transportation' category

Cadillac's ATS and the Tesla Model S are among the five finalists bidding to win the ‘Transportation' category at this year's Innovation by Design Awards, which celebrates groundbreaking designs from the past year. Established last year by design magazine Fast Company, the awards consist of eight different categories – 2D Design, Products, Interactive Experience, Transportation, Spaces, Social Good, Concepts and Student Design – and this year saw over 1,200 submissions from all over the world, from corporations all the way down to individuals' designs. After a jury of 24 experts from all design disciplines – including J Mays, Ford's vice president of design and chief creative officer – whittled them down to just 54 designs, the Cadillac ATS and the Tesla Model S are battling for their category award against three other designs from 2013.

McLaren P1

McLaren has revealed the first interior images of the production-ready P1 ahead of its debut in Geneva next month. The interior was hidden with heavily tinted windows in Paris, but these pictures show a sparse cabin with a considerable amount of carbon fiber on display. The woven wonder stuff is used for the dashboard, floor, pillars, doors and rockers while a single piece is shaped for the center stack.