2005 Toyota Prius on 2040-cars

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Toyota RAV4 EV lease gets cut in half to $299/month

If you're in the market for a new electric vehicle, now is definitely the time to buy or lease. Following price drops on just about every other EV on the market, Toyota is looking to push a few more all-electric RAV4 crossovers out the door over the Labor Day weekend. The Detroit News is reporting that, through September 3, anyone looking to get into a RAV4 EV in Los Angeles or San Francisco, can get a deal: a $299 a month lease (no word on down payment, though) or zero-percent financing for 60 months for buyers.
The $49,800 RAV4 EV normally leases for twice as much - $599 a month - so this move could be an attempt to sell more of the 2,600 units Toyota has planned to produce. Or maybe, if you thought $599 was a fair price, you can now get two RAV4 Evs. Although temporary, the price drop comes at a time when many other EVs on the market have had their prices reduced, including the Nissan Leaf, Chevy Volt, Smart Fortwo ED and Honda Fit EV, not to mention already low prices for the Fiat 500e and Chevy Spark EV.
*Note: 2012 RAV4 EV pictured here

European car sales up 8% in February

Three weeks ago an analyst increased projections for European car sales this year, expecting them to climb three percent compared to last year instead of 2.7 percent. That number is a postive sign after years of hard times but it turns out February was especially good, overall European sales climbing eight percent on a wave of southern European recovery and discounts - and this comes after five months of gains including January's 7.2-percent jump over the year before.
The only country of Europe's five largest markets to post a decline was France, just as it did in January, Germany, the UK and Italy posting solid double-digit numbers, Spain rocking the charts with an 18-percent increase because of a government program to encourage trade-ins.
The only brand to miss the wave was Volkswagen, dropping 0.8 percent as it watched the double-digit growth at sister brands Audi, Seat and Skoda lift the Volkswagen Group sales up by seven-percent. Peugeot overcame flat sales at Citroën to improve the group by 3.5 percent, BMW and the Mercedes-Benz/Smart combo rose by four percent, the Fiat group jumped 5.8 percent, Ford was up 11 percent, the Renault Group 11.5 percent, General Motors 12 percent and the Toyota clan by 14 percent.

Toyota Me.We concept is a multifunction Tupperware car [w/video]

Not to be outdone by the Renault Twin'Z concept penned by Welsh designer Ross Lovegrove, Toyota has partnered up with French designer Jean-Marie Massaud to create the 2013 Toyota Me.We Concept. Unveiled at Le Rendez-vous Toyota in Paris, the Me.We Concept is an attempt to imagine a car that can be appreciated by owners across a wide variety of lifestyles while being courteous to the environment, too.
From a "Me" perspective, the concept is highly customizable with removable body panels, and even though it might look like just a small hatchback from the outside, Toyota claims it can also be used as a pickup (with an extendable rear panel), a convertible (with a neoprene roof panel) and even an off-road vehicle. As for the "We" part of the car, it's a fully electric vehicle with individual in-wheel motors and a battery pack mounted under the load floor. The concept has a weight of around 1,600 pounds kept low thanks to an aluminum chassis, but it also features renewable bamboo wood for the floor in addition to the fully recyclable polypropylene exterior body panels. Scroll down to see more in an official video and to check out Toyota's official press release.