Embattled car maker Toyota and the US government are probing complaints that the popular Corolla model is difficult to steer straight, it emerged today.

Toyota took full-page ads in major Japanese newspapers today to apologise for massive recalls and began fixing braking faults on two problem hybrid models as pressure mounted on the car maker to come clean over defects.

Toyota’s under-fire president will reveal more tomorrow about the company’s massive global recall following severe criticism for being largely invisible during the crisis.

Toyota has declined to accept a Japanese government energy efficiency award given to its hybrid Prius, saying today that the honour is not appropriate for a car hit by massive recalls.

The president of car giant Toyota faced a huge backlash from the Japanese media today for failing to offer a convincing explanation over the massive worldwide car recall.

Damage to Toyota’s image plummeted further today with the car maker considering a US and Japanese recall of its flagship Prius hybrid – the symbol of its technological prowess and green car ambitions.

Japanese car giant Toyota has apologised to its customers and says a piece of steel about the size of a postage stamp will cure the accelerator problem that led to the worldwide recall of millions of vehicles.

Toyota today confirmed they are pulling out of Formula One with immediate effect for financial reasons.

The FIA today claimed BMW Sauber's withdrawal from Formula One could have been avoided if initial planned cost cuts had been imposed.

Toyota’s entire product line-up is to be reviewed to better focus its offerings to each global region, the firm’s new president said today.

ITALIAN sports car manufacturer Lamborghini has unveiled its new $1.4 million (€1m) car, only 20 of which will be built and if you’re interested, don’t be, they’re all sold.