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Jay Leno gives us the lowdown on his McLaren P1 (video)

Jay Leno drives his new McLaren P1 Jay Leno has no shortage of cars to play with in his collection, but if this video of Jay and his new McLaren P1 is anything to go by, the P1 is his favourite car by far (at least for now). Jay meets up with McLaren CEO Mike Flewitt at his garage and there’s plenty of chat about what makes the P1 special, and how it compares to the legendary McLaren F1 (a car Jay also owns). Then it’s time for a drive out in the P1, first with Mike Flewitt as a passenger and then with Jay on his own as he takes the P1 round the winding roads near his home, and Jay reveals that he put nearly 900 miles on the clock in the first five days he had the P1.

BMW and Toyota to team up for sports car

BMW and Toyota have agreed to jointly engineer and produce a new sports car as part of a broad-reaching technical partnership that is also set to center on lightweight construction solutions, fuel-cell development and hybrid powertrains. The announcement of the deal builds on an existing agreement for the supply of BMW diesel engines for various Toyota models, agreed to in December 2011. That was advanced with the signing of a memorandum by BMW CEO Norbert Reithofer and Toyota chairman Akio Toyoda in Munich, Germany, on Friday.

Fiat aims to keep green lead with fuel-sipping two-cylinder engine

Fiat S.p.A. aims to keep its environmental lead in Europe by selling what it claims to be the world's most fuel-efficient gasoline engine. When the engine goes on sale in the Fiat 500 minicar in September, the 875cc unit will be the only two-cylinder engine fitted in a car in Europe.