Chrome Wide Five Wheel Locator on 2040-parts.com

Toyoda says company is ‘grasping for salvation', fears big sales loss

Toyota Motor Corp. President Akio Toyoda said his money-losing automaker is “grasping for salvation” as it struggles to return to profit. The world's largest car company was once targeting annual sales of 10 million vehicles but now expects sales of 7.3 million this year, down from 8.97 million in 2008, Toyoda said today at a news conference.

Aston Martin and AMG confirm partnership on new V8 engine

Aston Martin and AMG working on new V8 engines The collaboration deal between Aston Martin and AMG has moved to another level with the announcement that the two companies are working on a new V8 engine for Aston Martin. Aston Martin and AMG signed a letter of intent in July to kick off their technical partnership, and the news the companies are working together on a new V8 engine – which will probably first be seen in a new V8 Vantage – is the first fruits of the deal. A statement from AML and AMG said they are planning to expand their agreement to work on sharing electronic components and will “investigate additional areas of operation”.

Audi Q5

Audi has chosen the Beijing Motor Show to unveil its new mid-sized Q5 SUV. The newcomer's exterior design is a thoroughly orthodox development of current Audi themes: a mix of Avant and Q7 ideas housed in a deeper body section than one is used to seeing. The rear relates most strongly to the Q7, with its full-width powered tailgate design, where the tail lamps open with the tailgate and auxiliary lamps in the bumper house the mandatory lamp functions.