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Toyota to close Australian design studio

Toyota designers at its Technical Center Asia Pacific Australia (TTCAP-AU) are to lose their jobs as part of Toyota's decision to scale back the facility's activities as well as halting all manufacturing within the country by 2017. The TTCAP-AU, which carries out all its Australian design and evaluation operations, employs 150 designers and modelers and it's possible that its activities with the Camry, Camry Hybrid and Aurion models could be scrapped, raising doubts over its future. Around 2,500 employees at Toyota's Altona manufacturing plant are expected to lose their jobs, although the effects are likely to be wider ranging.

Caterham Cars offers free 40-year anniversary package

Caterham Cars, the U.K.-based maker of lightweight track-day vehicles, will celebrate 40 years building the legendary Seven with a free option package for the open-wheel roadster. The package is available starting today, but only for the first 40 orders of the Seven or its variants. Rights to the Seven were acquired by Graham Nearn from Lotus legend Colin Chapman in 1973.

Michael Schumacher’s Ferrari Enzo and Ferrari FXX both up for sale

Michael Schumacher’s Ferrari Enzo Pictures) is up for sale Michael Schumacher may have made his mark in motor racing history thanks to Ferrari, but now he’a a Mercedes man he seems to be divesting himself of his Ferrari cars. A dealer in Switzerland – no doubt not too far from Michael’s home – has two of his Ferraris up for sale at the moment, both at slightly ‘Premium’ prices. The first Schumacher Ferrari on the lot at Zenith in Lausanne is Michaels very own Enzo, finished in Ferrari Red) as you would expect) with a tan leather interior (which you wouldn’t).