Once again, Los Angeles is playing host to their very own annual LA Auto Show that has been held at the end of every year since 1907 (barring the few years it was canceled due to the outbreak of World War II). Most years, new designs and breathtaking concepts are rolled out for the world and 2010 has been no exception. This time around, there have even been several (more…)

There’s a big reason that Toyota Motor Company is the world’s largest carmaker: It responds nimbly to the demands of the marketplace.

The latest evidence of this is the company’s plan to launch a subcompact version of its hugely popular hybrid auto, the Prius.

A Detroit News report this month revealed that TMC is developing an all-new gas-electric car that will be smaller and more affordable than the Prius. It will also surpass the Prius’ 50 MPG average. The plan is to unveil a concept version of the new car at the Detroit auto show, which starts next week. (more…)