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BMW & Toyota agree joint development of new sports car

BMW and Toyota have signed a binding agreement to co-develop a new sports car and continue with co-developed and shared technology. The way forward for car makers seems to be either to be as big as possible for the benefits of economy of scale, or to work together on joint products to cut development costs. Which is why BMW and Toyota are getting cosy.

Aptera hits a speed bump

While the streamlined, electric two-seat Aptera 2e may be one of the most efficient cars ever designed, the process of getting it to market is becoming a little less efficient. Original plans had the 2e going on sale this year, but the company said on Wednesday that the car will be available to consumers starting in 2010. No specific date was set.

Video: Track-day fun in the Lexus LFA

As promised, the third installment in our supercar video extravaganza--after the Chevrolet Corvette Z06 and the Porsche GT2 RS--gives you the lowdown on the hyperexotic Lexus LFA and its insane 552-hp V10 powerplant. Best described by senior editor for motorsports Mac Morrison as "shrieking like a melting witch," the Lexus LFA emits a wail unlike anything this side of a Formula One racer, and its performance isn't too far off that mark, either. Check out the walk-around and some on-track fun, then come back for the VBox lap on Friday.