VIDEO: Toyota FT-86 Freshly Spied at the Nurburgring Race Track

If anything else, spy photographers have their work cut out with the new Toyota FT-86 sports coupe. As we are nearing closer to the launch of the production model, the Japanese automaker has increased its presence at the Nordschleife circuit in Germany to fine tune the chassis and mechanical hardware, with this latest scoop video showing a camouflaged prototype in action. Read more »

All-new European Market 2012 Toyota Yaris Breaks Cover

Toyota has unveiled the European version of the new Yaris, its all-new supermini which will replace the model of the same name in the summer of 2011. The new Yaris is, quite predictably, based on the Yaris HSD Hybrid prototype that we saw last March in Geneva.

It adopts Toyota’s new design language, with more angular headlights and more prominent creases in the body, although the general shape does not stray too much from the previous generation model.

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Sticker Shock: U.S. Used Car Prices Soar as Nation Tackles Weak Economy and More

Well, it was bound to happen sooner or later. U.S. used car prices are up 30% over June 2010, in some cases besting Kelly Blue Book values by as much as 25%. Trade-ins are also up by 30% since this time last year.

A variety of factors, including an economy still reeling from the Global Financial Crisis, high gas prices and the Tōhoku earthquake, are thought to be responsible for the massive price rise.

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