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Toyota sells off Tesla shares, too

The incredible rise of Tesla's stock price has done little to now stop two major shareholders from ditching their stake in the American EV manufacturer. First, Daimler, parent company of Mercedes-Benz, ditched its four-percent stake, and less than a week later, Toyota is doing the same thing, selling off an undisclosed bit of its Tesla investment.
The move comes as Toyota winds down sales of the RAV4 EV, which gets its batteries and electric motor from Tesla at the company's Fremont, CA factory.
"We have a good relationship with Tesla, and will evaluate the feasibility of working together on future projects," Toyota spokesperson Kayo Doi told Bloomberg via email.

BMW i8 crushed by cement truck will break your heart

When a car like a BMW i8 is totaled, it's the end of not just a superb machine, but also a work of art. In a scene reminiscent of a Wile E. Coyote cartoon, a cement truck flattened one of the luxury hybrid coupes on an offramp in Newport Beach, CA on Thursday. According to California Highway Patrol, the trouble started when a large gardening truck hit a cement truck on highway 73, OCRegister reported. The impact caused the cement truck to tip over into southbound Newport Coast Drive lanes. It just so happens that a $135,000 i8 was underneath it. Three people were severely injured in the crash, one critically. All were taken to area hospitals and are recovering from their injuries. The fact that the driver and passengers survived such a catastrophic crash is a testament to the i8's safety. The carbon-fiber body and aluminum chassis held up remarkably well under such an intense crash. For those of you who find this sight too terrible to behold, check out the video below for some happier times with the i8. Related Video: News Source: OCRegister Government/Legal Green BMW Fuel Efficiency Green Driving Coupe Hybrid Lightweight Vehicles viral video California i8

KBB 2013 Brand Image Awards has some obvious and oddball winners

The sixth edition of the Kelley Blue Book Brand Image Awards have crowned a wide range of winners - in a couple of cases the recipient of the laurels might say more about KBB users than they do about the actual winner. Compiled from the responses of more than 12,000 shoppers on KBB.com over the past year, there are 13 categories broken into non-luxury, luxury and truck segments "representing the combined wisdom of the American car-buying public."
The award categories have been revamped this year, with some dropping off, some new ones appearing and at least one other given a new term. What isn't surprising is that Honda won Most Trusted Brand for the second year running, Best Value Brand for the third year in a row and took Best Overall Brand, which wasn't on last year's list of awards.
On our own shores, in the non-luxury categories Chrysler got Most Refined Brand and Buick took Best Value Luxury Brand. Neither one of those marques won anything in last year's Brand Image Awards, while Cadillac, which won Best Interior Design Brand and Best Comfort Brand last year - those awards disappeared this year - went home without a single accolade.