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Toyota paid $10 million to settle unintended acceleration lawsuit

Toyota Motor Corp. agreed to pay $10 million to settle a lawsuit with the families of four people who were killed in an accident that led to the automaker’s recall of millions of vehicles over unintended acceleration concerns. The settlement was reached in September, but the amount was not made public at the time after both Toyota and the plaintiffs agreed to keep the deal confidential.

Lotus CEO fired - Dany Bahar won't return to Lotus

Lotus chief executive officer Dany Bahar was tonight ousted from his job as the boss of Group Lotus. The Nofolk sports car maker's new Malaysian owners, DRB-Hicom, issued a terse statement confirming Bahar's departure. As CAR earlier reported, Bahar had been suspended following an investigation into his expenses.

Yo-Auto Yo-Concept

Yo-Auto, a new Russian car manufacturer, is due to reveal its Yo-Concept at the 2011 Frankfurt motor show. The company is taking pre-orders for its range of hybrid vehicles, anticipated for release in 2012, which consists of a coupe, hatchback and a truck. Although it has been confirmed that the car will not make the jump to production, it is understood that Yo-Auto hopes the vehicle will lead the way in the future of car design.