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When a Ferrari and a Toyota GT86 get jiggy, strange things happen

Swapping V8s into small Japanese cars is not new. In fact, swapping V8s into small sportscars from anywhere is not new. From the original Cobra to the modern FR-S and BRZ, big V8 power in a light, lithe chassis has been delicious combination rivaling the Reese's peanut butter cup. People familiar with these swaps know that American iron is the preferred source for large-displacement grunt, but Ryan Tuerck and Gumout have taken a different route, specifically from Italy. Replacing the 2.0-liter flat-4 of this Toyota GT86 is a Ferrari F136 V8. Unfortunately that's about the only detail we really know about this project. The F136 was used in the F430, California and 458 Italia, and all with varying displacement and output. So we don't even know which of those variants this engine is. If it came from a California, that'd at least make the front-engine location easier to fabricate. No matter though, it's still a Ferrari engine in a small car, and that's awesome. And Donut Media, the company that produced the video, promises more details down the road. In the meantime, enjoy this video preview of the project. Related Video: Related Gallery 2017 Toyota 86: New York 2016 View 12 Photos Aftermarket Weird Car News Ferrari Toyota Performance Videos sports car toyota gt86 engine swap 86 flat-four

Auto execs surveyed say VW, BMW most likely to grow

A new survey of top global automotive executives indicates both Volkswagen and BMW are the most likely to grow their market share over the next five years.
Tax advisory firm KPMG LLP has released its 14th annual Global Automotive Executive Survey, which includes responses from over 200 executives. A total of 81 percent of respondents said they expect to see Volkswagen make gains, compared to 70 percent last year. BMW, meanwhile, saw 70 percent of those surveyed say they believe the company will increase its market share. That's a jump of 7 percentage points over last year. This is the first time in the history of the survey that BMW has claimed the second-place spot.
Meanwhile, Hyundai has seen its perceived market share potential slacken for the third year in a row. Around 61 percent of those surveyed predicted gains for Hyundai, down from 63 in 2012. Toyota also has a surprising year, but for just the opposite reason. While the manufacturer had slipped in ranking since 2011, it enjoyed the largest increase of any company in the 2013 survey, jumping to 68 percent from 44 percent last year.

Toyota nearing $1B settlement of unintended acceleration criminal probe

According to those all-too-nebulous "people familiar with the matter," Toyota is close to a settlement with the US federal government to end a criminal probe over its long-running unintended acceleration fiasco. Though Toyota has never admitted guilt, the deal could reportedly crest a billion dollars and would likely include a criminal deferred prosecution agreement, and while we're not legal experts, The Wall Street Journal explains that such a deal would "[force Toyota] to accept responsibility while avoiding the potentially crippling consequences of federal criminal convictions."
The report from WSJ also suggests that Toyota is facing charges that it "made false or incomplete disclosures" to various government agencies regarding possible defects to its cars. Such charges may include mail and wire fraud violations. Toyota has already paid out fines totaling $66.2 million to the National Highway Traffic Safety Administration because it failed to report safety defects in a timely manner.
This deal with the federal government is not related to the billion-dollar class-action settlement reached with Toyota owners over falling vehicle values, and it's also different from the roughly 400 lawsuits still in courts alleging personal injury of wrongful death due to cases of unintended acceleration. In other words, don't expect to hear the end of such courtroom verdicts and settlements anytime soon...