Toyota's third-generation Prius couldn't come at a better time for the automaker. Sales of just about every one of the company's models are down, and the Aishi, Japan-based automaker lost $7.7 billion last quarter. To make matters worse, sales of the second-generation Prius hit a wall in April, with sales in the U.S. dipping to 8,385 units, down 65% versus April 2008 levels. But
Like most other countries with native automobile industries, China has implemented a Cash-For-Clunkers-style used car scapping program. Interestingly, the Chinese government is also subsidizing the replacement of old, inefficient home appliances for newer units as well, but that's a story for another site. The program was unveiled last March, but was only available for buyers from rural areas looking to replace their old minivans and light trucks. Now, the scheme has been expanded and covers a n
2010 Cadillac SRX - Click above for our live reveal gallery
We talked about the uncommon but still serious cases of fires caused by biodiesel enthusiasts making the biofuel in their back yard just the other day. Even at industrial facilities, though, making fuel isn't exactly safe, and a fire at the Minnesota Soybean Processors Plant in Brewster, Minnesota forced local residents to evacuate their homes Saturday night. No serious injuries were r
Audi R8 V10 - Click above for a high-res image gallery
UPDATE: Ford just wrote us to clarify that while the all-new Focus RS just introduced in Europe won't be for sale in the U.S., "Ford intends to bring some new RS' to the US (as we've already seen in the spy photos of the white car) to use as marketing assets for feedback from enthusiasts" and media.
Lotus' relationship with Toyota could extend beyond supplying drivetrains for the Elise, Exige and Evora, with three new engines sourced from Lexus rumored to be fitted to the 2012 Lotus Esprit. According to EVO, a choice of three Esprits will be available for any (thick) wallet, including a 300 hp version packing Toyota's direct injected V6, a 417 hp model that would make use of the Lexus IS F's 5.0-liter V8 and, at the top of the ra
