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Toyota aims for a comeback, shuffles execs

Toyota, unveiling a new business plan to double operating profit by 2015, will remove its head of North America from a downsized board and promote Canada chief Ray Tanguay to be its highest non-Japanese executive. Yoshi Inaba, 65, continues to lead Toyota North America and Toyota Motor Sales U.S.A. while becoming one of 18 directors to lose board seats.

Abarth 695 biposto is the quickest Fiat 500: Geneva Motor Show

The Abarth 695 biposto (pictured) is the the most extreme Fiat 500 The revised Fiat 500 range for 2014 is on show at the Geneva Motor Show this week with some nice revisions to take Fiat’s iconic little 500 forward. But if you want a Fiat 500 with decent get up and go you need to look at the Abarth 500s and now – also debuting at Geneva – you’ll also have the option of the quickest Abarth to date – the new Abarth 695 biposto. The 695 biposto comes with a 1.4 litre turbocharged engine delivering 187bhp, enough for a power to weight ratio of an impressive 5.2kg/hp thanks to weight savings cutting the 695 biposto’s weight to just 997kg.

Lamborghini set sales record despite decline in U.S.

Lamborghini sales in the United States fell in 2008, but the brand still had a record year worldwide, said president Stephan Winkelmann. "We balanced sales in the Middle East, China and Southeast Asia with the drop in the United States," he said. Lamborghini sold 741 cars in the United States in 2008, down 20.3 percent compared with 2007.