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First Sight: Toyota Me.We concept

Hot on the fluorescent heels of Renault's recent Twin'Z reveal in Milan, Toyota revealed its own industrial design collaboration, the ME.WE, at a private event at the its upscale showroom Le Rendez-vous Toyota on the Champs Elysées in Paris last week. Designed jointly by Toyota's ED2 studio in the south of France and renowned French architect and industrial designer Jean-Marie Massaud, the ME.WE is a polyvalent 4-seat electric vehicle to "combat the crisis". It is designed to be simple and functional, yet also project an image of intelligence for our modern times.

Peugeot HYbrid3 Evolution concept (2009) revealed

Peugeot’s car division has lagged miles behind rivals when it comes to hybrids – its first doesn’t go on sale until 2011. But it’s all different on the bike side of the company, which could be among the first to introduce a hybrid scooter. The three-wheel Hybrid3 Evolution has a supercharged 300cc petrol engine that sends 41bhp to the single rear wheel, and a pair of electric motors delivering a total of 8bhp to the twin front wheels.

Bernie Ecclestone's daughter buys pricey house in Los Angeles

After nearly three years, Candy Spelling has finally found a buyer for her Los Angeles mansion (which some would call a castle)--the daughter of Formula One commercial boss Bernie Ecclestone. Petra Ecclestone, 22, will be the new owner of the 57,000-square-foot home in Holmby Hills, according to the Wall Street Journal. Spelling was asking $150 million for the joint, which puts it among the most expensive homes in the country, according to the newspaper.