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Toyota FT-86 II (2011) first official picture

Toyota will show a second-gen FT-86 II at the 2011 Geneva motor show. It's unusual to 'facelift' a concept car, but Toyota has form with the much-revised Lexus LF-A concept car which donned more clothes than a model sashaying down the catwalk during its long gestation. The FT-86 II is essentially be a much closer to production look at Toyota's new sports car.

CAFE standard set at 54.5 mpg by 2025

The final version of the new corporate average fuel economy (CAFE) standard was released today and, as expected, automakers will need to attain a fleet average of 54.5 mpg by 2025. The rules include electric and hybrid vehicles and—as of today—natural gas vehicles. The Environmental Protection Agency and the National Highway Traffic Safety Administration proposed the rules in November, after reaching an agreement with automakers last July.

Ferrari F40: 60 F40s parade at Silverstone Classic (+video)

A total of 60 Ferrari F40s took to the Silverstone track at last weekend’s Silverstone Classic to celebrate 25 years of the F40 – a world record. Perhaps, just perhaps, the Ferrari F40 is Ferrari’s finest hypercar and stands as Enzo Ferrari’s last automotive statement before his death a year after the F40 launched in 1987. To celebrate the F40′s 25th birthday the Silverstone Classic gathered together as many F40s as they could muster for a parade lap at Silverstone at the weekend.