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Toyota proposing $1.1 billion unintended acceleration settlement in US

Toyota are setting aside an additional $1.1 billion to settle claims in the US of unintended acceleration in their cars. In the ongoing saga of unintended acceleration in the US caused by floor mats, Toyota has revealed it is to set aside an additional $1.1 billion to settle claims and fit new equipment to cars affected by the floor mat problem. Toyota are going to install a brake override system in 3.25 million vehicles, set aside $250 million to compensate owners who have already sold their cars, another $250 million for affected owners whose cars can’t get the brake override system, throw in a care plan  for parts related to unintended acceleration and throw $30 million at research in to car safety.

Daimler-Renault alliance approved, report says

An international alliance between Daimler and Renault has been approved by the companies' boards and is set to be announced on Wednesday, Bloomberg is reporting. The pact would allow the German and French automakers to collaborate on a range of products, including small cars, commercial vehicles and engines. AutoWeek first reported on the alliance last week.

Bentley to debut Flying Spur V8 at Geneva motor show

Bentley is expanding its Flying Spur range, and will now offer a V8 engine as an option in addition to the W12 in the 2015 model year sedan. This seems like a logical extension, given the fact that Bentley has recently offered a V8 engine in the second-generation Continental GT V8, and they'll bring the new version of the Flying Spur to the Geneva Motor Show next week. Bentley being rather straightforward with their naming practices, the new sedan will be called the Flying Spur V8.