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Toyota offers peek at redesigned 2012 Camry

A redesigned 2012 Toyota Camry sedan is coming this fall--and Toyota is cranking up the marketing machine. On Wednesday, Toyota posted a teaser photo of the 2012 Camry--a look at the car's left-front corner, showing the headlamp, hood, a flared wheel arch and the windshield. You can also see a fog light, a clue that this is one of the higher trim levels of the Camry family.

Volkswagen hits back, weighs making a bid for Porsche

Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. The Volkswagen Group's supervisory board is said to be weighing the possibility of purchasing Porsche AG, in a move that would relieve its holding company, Porsche SE, of massive debt that industry analysts suggest the company may not be able to fund should the world's financial crisis drag on well into 2010--a scenario put forward this week by the International Monetary Fund. The secret plan emerged as shareholders were set to convene at Volkswagen's annual meeting on Thursday, and it comes after Porsche revealed that it is carrying some 9 billion euros ($11.73 billion) in debt, most of it owing to interest on loans taken out to purchase its 50.8 percent stake in VW.

2012 Mercedes SLK55 WILL get 5.5 litre V8

2012 Mercedes SLK55 to get naturally aspirated 5.5 litre V8 (2011 SLK photo) You never really know until it’s officially announced, but we did expect the 2012 Mercedes SLK55 to get the new 5.5 litre V8. When Mercedes revealed the new SLK back in January, we knew there were still two more versions to come for 2012 – the SLK55 and the Diesel SLK – and that we’d get the official details later. Well, now it’s later – at least for the SLK55.