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Concept Car of the Week: Nissan ARC-X (1987)

In the mid to late 1980s Japan's car industry was booming and with it its confidence. No longer satisfied with producing brilliantly engineered but worthy cars, Japanese manufacturers had ambitions of taking on the Europeans in the luxury market. Nissan made its intentions clear at the 1987 Tokyo motor show with the ARC-X concept.

Toyoda says company is ‘grasping for salvation', fears big sales loss

Toyota Motor Corp. President Akio Toyoda said his money-losing automaker is “grasping for salvation” as it struggles to return to profit. The world's largest car company was once targeting annual sales of 10 million vehicles but now expects sales of 7.3 million this year, down from 8.97 million in 2008, Toyoda said today at a news conference.

New Corvette crash photo surfaces on Internet

UPDATED WITH GM STATEMENT: A photo of a crashed 2014 Chevrolet Corvette Stingray has captured the attention of the Corvette fan universe. The photo of the Laguna Blue Stingray coupe was posted on the Facebook profile of allvette.net on Feb. 12 and is also posted at a large number of auto enthusiast sites on the Internet.