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Toyota announces winners in design competition (w/ Video)

Toyota has announced the winners of a sponsored design competition hosted by London's Royal College of Art. Based on the theme of ‘Intelligent Urban Living', the winners include a simple but effective vertical storage system to keep bikes out of reach of thieves and a keyboard display that makes life easier for two-fingered typists. Inspired by the design of Toyota's innovative iQ city car, which addresses many of the challenges of modern city living with its compact dimensions, the contest generated inspiration that gave a new twist to some familiar household objects and produced innovations to make modern life easier and more environmentally responsible.

Car sales skid in January; Mini, VW and Volvo biggest losers

U.S. light-vehicle sales, dampened by lower fleet shipments and severe winter weather across large chunks of the country, fell 3 percent in January. Among the biggest automakers, Nissan Motor Co.

Toyota sets 2010 Prius price at $22,750

The redesigned 2010 Prius hybrid goes on sale in late May at a base price of $22,750, including freight. Later this year, a stripped-down base model will go on sale for $21,750, including shipping. The third-generation Prius comes with a 1.8-liter four-cylinder engine producing 98 hp.