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A look at Lexus future products

Lexus is reworking its sedan lineup as part of an effort to vault past Mercedes-Benz and BMW and retake the luxury sales lead. It also aims to add sparkle to the lineup with a coupe based on the wild LF-LC concept and possibly a coupe derived from the GS. The lineup also is likely to expand to include a smaller five-passenger crossover.

Obama sought Ghosn to run GM, ex-car czar says

The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout of General Motors and Chrysler. Steven Rattner, President Obama's auto adviser who steered the government's $85 billion bailout of GM and Chrysler, is about to publish a tell-all account about his six-month stint inside the White House. The Detroit News, Washington Post and Huffington Post obtained draft copies of the book--"Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry." It is scheduled to be published Oct.

Classic Toyota bus back in service

TOYOTA has restored one of its classic buses and is now using it again to transport staff around its factory in Japan. The 1969 Toyota Coaster looks better than new after a full rebuild by workers at the company’s HQ. They had to scour the shelves of warehouses to find unused original parts to help bring back the classic bus to full health.