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Toyota FT-86 Open Concept: The GT86 Convertible arrives early + video

The Toyota GT86 Convertible – in the guise of the FT-86 Open Concept has arrived earlier than Toyota would like ahead of a Geneva debut. Toyota teased the convertible GT86 with a sketch of the FT-86 Open Concept a few weeks ago – with a promise that all would be revealed at the 2013 Geneva Motor Show – but it’s arrived a bit earlier than Toyota wanted. The intrepid folks at FT86Club have managed to come up with photos of the FT-86 Open Concept (above) – and video – ahead of the official reveal by Toyota – and it looks pretty good.

Fisker, Energy Department face tough Congressional hearing on federal loans

Struggling Fisker Automotive took a bludgeoning Wednesday on Capitol Hill from top congressional Republicans who compared Fisker to failed automotive startups of the past and lambasted the Department of Energy for allowing the electric-car producer to draw down nearly $200 million in taxpayer-funded loans. House Oversight Chairman Darrell Issa, R-Calif., told Fisker founder Henrik Fisker that he will be remembered fondly for his design work for BMW and Aston Martin. But he compared Fisker to Malcolm Bricklin, John DeLorean and Preston Tucker -- three entrepreneurs known for their failed startup car companies.

Peugeot 208 GTi Concept (2012) first official pictures

This is the Peugeot GTi Concept, and it's a near-200bhp hot hatch that Peugeot will unveil at the Geneva motor show in March 2012. Unveiled alongside it will be the Peugeot 208 XY Concept.  The Peugeot 208 GTi Concept is technically still a concept, but the hottest Peugeot 208 already runs a THP 156 engine, so the mule our spies spotted cold weather testing is thought to be an early prototype for a production version of the GTi.