Toyota halts Lexus GX460 sales worldwide

The 2010 Lexus GX460. Sales have been halted due to safety concerns 2010 is turning in to Toyota’s ‘Annus Horribilis’. Its formerly untouchable reputation for producing bullet-proof cars has been severely damaged by the ‘ThottleGate’ problems, with more damage to Toyota’s reputation being caused by their failure to address a problem they seemed to be all too aware of, rather than the problem itself causing the damage.

Bernie Ecclestone's daughter buys pricey house in Los Angeles

After nearly three years, Candy Spelling has finally found a buyer for her Los Angeles mansion (which some would call a castle)--the daughter of Formula One commercial boss Bernie Ecclestone. Petra Ecclestone, 22, will be the new owner of the 57,000-square-foot home in Holmby Hills, according to the Wall Street Journal. Spelling was asking $150 million for the joint, which puts it among the most expensive homes in the country, according to the newspaper.

AMG Action! Mercedes eyes new naturally aspirated V8

Mercedes-Benz has selected the twin turbocharged 5.5-liter V8 engine to power the recently unveiled S63 AMG, CL63 AMG and CLS63 AMG, with ratings between 525 hp and 577 hp. But it's going to be a different story for the successor to the SLK55 AMG set to be revealed at next year's Frankfurt motor show. Sources within the Stuttgart headquarters suggest the new performance roadster is earmarked to receive a yet-to-be revealed naturally aspirated version of Mercedes-Benz's new 5.5-liter V8.