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Toyota Prius slashes price to match Honda Insight

Toyota Motor Corp. is going for the jugular with its redesigned Prius, setting a 2.05 million yen starting price ($20,750) in Japan that is on par with the newly released Honda Insight. Toyota notified Japanese dealers of the cutthroat pricing policy for its redesigned 1.8-liter gasoline-electric hybrid on March 25, dealers in Japan say.

Lamborghini Aventador LP700-4 arrives in Geneva

The Lamborghini Aventador LP700-4 arrives in Geneva The Lamborghini Aventador LP700-4 is certainly making its presence felt at the Geneva Motor Show already. But it’s more about the leaked photos of the LP700-4 appearing all over the place than anything else. Earlier this week we ran the first ‘real’ photo of the LP700-4, which came from a scan of the Croation version of Evo Magazine.

VW and Chinese ‘in talks to buy Vauxhall/Opel’ from GM

GM is considering selling its loss-making European operations, it emerged tonight. If it goes ahead and severs ties with GM Europe, the General would cede control of Vauxhall and Opel, the second biggest car brand in the UK.And in another extraordinary twist, CAR has confirmed that top-level talks have been taking place between Volkswagen and the German government, which is keen to avoid Opel falling into foreign hands. Chinese car makers are circling but Chancellor Angela Merkel, who has close connections to Volkswagen chief Martin Winterkorn, would prefer VW to step up to the plate as a potential buyer than a Chinese brand.