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Led Zeppelin’s back together. Stagflation and high gas prices have made a comeback as well. And late next year, you’ll be able to complete a 1970s revival with a two-door car that’s all business up front and party out back.

Answering the wishes of fervent fans — and the fears of some critics — General Motors Corp. was to unveil today its plans for a revival of the Chevy El Camino car-truck as a 2010 model Pontiac hot rod. The “sport truck” doesn’t have a name yet; GM will run a contest over the next month asking for submissions at a Pontiac Web site www.pontiac.com/namethiscar, and announce the winner April 15.

Here’s one: “Australiaino.”

Based on the same underpinnings as the G8 sedan and upcoming Chevrolet Camaro, the un-Camino will be built in Australia, where GM has centered engineering efforts for rear-wheel drive cars. It’s a risky strategy for GM, as Australian-built models have never sold well in the United States, and a weaker U.S. dollar threatens the business case for any imports.

But without its Australian arm, GM would not likely have enough resources to give Pontiac new models.

In addition to the mini-truck, GM also was to unveil today a version of the G8 sedan with the Corvette’s 402-horsepower engine that is to come to showrooms in the next year.

Australia has the longest history with so-called utes, since they were invented there by a Ford engineer in 1934 who got the idea from a farmer seeking one vehicle for church on Sundays and the pig market on Mondays. Ford brought the idea to the United States in the late 1950s, and GM followed, with the Chevrolet El Camino growing to define the segment.

GM’s U.S. production peaked in 1973 at nearly 72,000 El Caminos and GMC Caballeros. By the early 1980s, tighter fuel rules for cars had made small pickups more competitive, and GM ended production in 1988.

And by then, the El Camino and its ilk had become a punch line. President Bill Clinton told workers at GM’s Louisiana truck plant in 1994 that he owned an El Camino in the ’70s: “It was a real sort of Southern deal. I had Astroturf in the back. You don’t want to know why, but I did.”

Abandoned in the United States — save for some unsuccessful stabs at a comeback such as the Subaru Baja — the utility market flourished in Australia, where Ford and GM’s Holden have continued to build several models.

The G8-based vehicle will come only with the 361-horsepower V8 offered in the G8 GT paired with a six-speed automatic transmission. It will haul more than 1,000 pounds and tow 3,500 pounds — as much as some small pickups.

Toyota Motor Corp. (7203.TO) said Sunday that it will introduce diesel-engine models in the U.S. market in an effort to offer low-emission vehicles.

The Japanese car maker will also roll out plug-in gasoline-electric hybrids with lithium-ion batteries in the U.S. by 2010.

Toyota will launch the Tundra pickup truck and the Sequoia minivan, which will be powered by a new diesel V8 engine, “in the near future,” Toyota President Katsuaki Watanabe said Sunday.

Other Japanese car makers also said earlier in the day at the North American International Auto Show that they want to bring in diesel-powered vehicles in the U.S. as regulations for gas emissions are becoming stricter and gasoline prices remain high. Diesel engines are about 20% more fuel efficient than gasoline engines.

Honda Motor Co.  President Takeo Fukui said that it will launch diesel vehicles under its luxury Acura brand by 2009.

Toyota, which is the world’s leading gasoline-electric hybrid car maker, will also show two all new, dedicated hybrids, one for Toyota and one for Lexus, next year, Watanabe said.

 * Competes with: Chevy TrailBlazer, Ford Explorer and other such endangered species
* Looks like: Unfrozen Dr. Evil came up with the product plan
* Drivetrain: 262-hp V-6 with five-speed automatic or 300-plus-hp 4.6-liter V-8 with six-speed automatic; 3.0-liter clean-diesel V-6 to come
* Hits dealerships: Summer 2008

I went to the Kia display at the Detroit auto show to see what had to be an outstanding all-new midsize truck-based SUV. It would have to be outstanding, I thought, because there could be no other explanation as to why an automaker would introduce a truck-based SUV in 2008. All I had to do was enter Detroit Hall, pass the Jaguar and Land Rover exhibits and travel back in time more than 10 years.

There I heard Kia Motors America president Len Hunt talk about catering to buyers with “active lifestyles” and celebrating the company’s first-ever V-8 engine and navigation system. The model in question was not, it turned out, a 1999. It was the 2009 Borrego, which on closer inspection turned out to be a perfectly serviceable seven-seat SUV — but possibly the worst product decision I’ve seen in years. Kia has made one smart move after another in the 21st century, even introducing a low-cost-alternative minivan that went toe-to-toe with the class leaders in most areas. Bringing a truck like this to market while the rest of the industry is scrambling to get out of it just doesn’t strike me as a good move.

It’s not all old-school, though. The Borrego offers power-adjustable pedals, a rear sonar system and backup camera, and a six-speed automatic transmission for use with the 300-plus-horsepower V-8. The base engine is a 3.8-liter V-6, and buyers have a choice of rear- or four-wheel drive. The most modern thing about this model is the promise of a clean-diesel engine option. Asked when this engine would become available, Hunt said only that it would be in the model’s first generation. Off to the side of the display, a cutaway 3.0-liter V-6 diesel promised 247 hp and 398 pounds-feet of torque beginning in 2010. Towing capacities aren’t given yet for this engine, but the V-6 is claimed to pull 5,000 pounds and the V-8 is good for 7,500.

To be fair, the truck itself has a lot to recommend it. It’s not stunning to look at, but it has a relatively high-quality interior with roomy first- and second-row seats, plus a serviceable third row for kids. Safety features abound, including two-stage front airbags, side curtain airbags for all three rows of seats, antilock disc brakes, an electronic stability system with traction control and offroad aids like downhill assist control and hill assist control. There’s also the generous Kia warranty.

It’s possible so many manufacturers will get out of the truck-based-SUV business that there will be a decent market for trucks like this one. Until such a time, the Borrego will make good use of its hill assist control; it’s going to be an uphill climb.

Toyota Motor, whose small, fuel-efficient vehicles are reaping the benefits of soaring gas prices, raised its 2008 forecast to 9.85 million in vehicle sales, despite fears of a slowdown in its key U.S. market.

Toyota’s forecasts could put it ahead of General Motors, the world’s largest automaker by vehicle sales. General Motors hasn’t given a forecast for next year, but estimated 9.2 million in vehicle sales in 2007. In 1978, the U.S. automaker created an unbeaten record when it sold 9.55 million units.

As demand slows down in the U.S. and European markets, global automakers are counting on markets like India, China and Russia, where rising incomes are leading to high growth rates. Toyota Motor opened a factory in St. Petersburg last week and estimates a 25% rise in Russia sales next year.

Toyota, the maker of models like the Camry and Prius hybrids, estimated 2.27 million in vehicle sales in its home market of Japan and 7.58 million in overseas sales for the next year. In Asia excluding Japan, the company is looking at a 20% increase in sales, compared with a 1% rise in the United States.

“At the beginning of the year, we wondered if the total auto market would reach 8 million, and by mid-year we were looking at 8.5 million. Now it’s possible the market will exceed 9 million. We need to figure out how to meet demand,” President Katsuaki Watanabe told media in Nagoya, Japan.

Last month, Toyota reported an 11% increase in profits for its second quarter. For 2008, the company is budgeting for global production of 9.95 million units, up 5% from this year’s level.

“We think these are achievable numbers and take a positive stance on them,” Citigroup said in a research note. “Toyota’s range abounds in fuel-efficient vehicles and it was also ahead of the pack in commercializing mass-produced hybrids. It is also boosting diesel engines in alliance with Isuzu Motors. We like the way it is set to play to its strengths in expanding earnings by bringing to mass production vehicles with superior gas mileage in 2008 and beyond,” said analyst Noriyuki Matsushima.

For the first nine months of this year, Toyota sold 7.05 million vehicles sold worldwide, barely trailing General Motors’ tally of 7.06 million. The final numbers for the year will be out in January.

Goldman Sachs said in an analyst note that while the company’s U.S. and Japan targets were ambitious for next year, overall sales could come in at more than 10 million vehicles.

Toyota’s shares rose 1.3% on the Tokyo Stock Exchange Wednesday, closing at 6,180 yen ($54.14). Later in New York, its American depositary receipts, which represent two Japanese shares, gained 1.5%, or $1.62, to $108.56, equivalent to 6,197 yen in Tokyo.

Guangzhou Toyota Motor Co., Ltd (GTMC), Toyota’s second joint venture in China, aims to increase its sales target by 17% in 2008, powered by launching new models and the expansion of output capacity, market sources reported.

GTMC estimates a projected sales volume of 210,000 vehicles next year, including 175,000 units of Camry premier sedan and 35,000 Yaris hatchback, which are scheduled to sell nationwide in the middle of 2008.

Driven by soaring demand in premier class segment, the company raised its sales target twice to 170,000 units this year. The sales of Camry, the only model of GTMC in the mid-to-high segment, beat Honda’s Accord as the year’s best selling model, and reported a total sale of 153,000 units for the first 11 months.

Yuan Zhongrong, the executive vice president of Guangzhou Toyota, expected the competition in the premier class segment to be much more intense next year compared to this year.

Its rival Honda will begin to sell new Accord tomorrow, with an expected sales volume of 185,000 units next year. In response, Toyota is planning to launch Yaris hatchback, the Japanese car maker’s global model, and to expand its dealership network to 180 stores.

Toyota, a leading car maker from Japan, has added capacity and is actively launching new models to grab bigger market share. In line with its expansion in China, the company expects to take a 10% market share on mainland by 2010, up 5% from last year.

Automakers will turn to a mix of fuel-efficient vehicles and technologies _ from advanced hybrids and clean diesels to lightweight materials _ to respond to tougher fuel efficiency standards approved by Congress, industry leaders said Tuesday.

Amid rising fuel prices, car makers have been expecting the more stringent requirements and emphasized their choices of vehicles that get more miles to the gallon.

But the energy bill, which will require the industry’s fleet of new cars, sport utility vehicles, pickup trucks and vans to average 35 miles per gallon by 2020, will help shape the lineup of new cars appearing in dealers showrooms during the next decade.

President Bush is expected to sign the legislation Wednesday.

Gas-electric hybrids, which account for about 2 percent of the new vehicle market, are expected to become more widely available in larger vehicles, and companies will likely broaden their portfolio of other fuel-saving alternatives such as diesels and vehicles running on ethanol blends.

“We now know what the rules are of the game. Each manufacturer now will be able to play its hand in its unique way,” Chrysler LLC Vice Chairman Jim Press said in a phone interview.

“We’re in the best position to marry technology and not make people make sacrifices or compromises on the product they want,” he said.

Majority Democrats helped push through the energy bill in the context of $90-a-barrel oil, $3-plus gasoline prices and concerns about the nation’s dependance upon fossil fuels and global warming.

The new standards will boost fuel-efficiency standards by about 30 percent under the first upgrades by Congress in three decades. New vehicles currently must meet a 27.5 mpg average for cars and 22.5 mpg for light trucks.

“We will focus our engineering and technical resources to attain these standards, and we remain hard at work applying the innovation and developing the advanced technologies that will power tomorrow’s cars and trucks,” said Rick Wagoner, General Motors Corp.’s chairman and chief executive.

Jim Lentz, president of Toyota Motor Sales USA, said in an interview with journalists last week that the company was testing plug-in hybrid vehicles and would continue to expand its offering of hybrids.

“We’re a hybrid company,” he said.

Auto companies said the energy bill will help bring more focus on fuel-efficient engine technologies such as cylinder deactivation systems, which help the engine seamlessly operate on a reduced number of cylinders.

Ford Motor Co., for example, announced during the Los Angeles Auto Show in November that it would implement turbocharged gasoline direct-injection engines capable of providing fuel savings of 10 to 20 percent. The Lincoln MKS sedan will be the first Ford vehicle with the technology in about a year.

The industry is more likely to experiment with lightweight materials on the vehicle’s body, such as aluminum, high-strength steel and carbon fiber, said Erich Merkle, vice president of auto industry forecasting for IRN Inc. in Grand Rapids, Mich.

But Merkle noted that all of these alternatives will not come cheaply. Clean diesel and hybrid technology typically adds several thousand dollars to the cost of a vehicle, and more lightweight parts will also carry additional expenses.

Which leads to one of the big questions emerging from the energy bill: Will consumers want to pay more to enjoy the benefits of long-term fuel savings?

“You can build them,” Merkle said. “But it doesn’t mean they’re going to want to buy them.”

The star of the Frankfurt Motor Show, the Lamborghini Reventon raced against a fighter aircraft at the picturesque Ghedi military airport in Brescia in the last week of November 2007.

This extraordinary acceleration race between a Tornado aircraft (A200-A) and the Lamborghini Reventon driven by an official Lamborghini test driver was a magical spectacle. As the aircraft and the Lamborghini challenged each other on the 3000 m-long runway, the Reventon took the lead in the first leg of the race. However, the Tornado caught up in the last few meters, taking off and flying over the Reventon that was racing at a speed of over 340 km an hour.

The military runway was also the venue for Lamborghini to present its super car to international TV channels. According to an auto news report, the Lamborghini Reventon has been designed by the Centro Stile Lamborghini and perfected down to the finest detail in close collaboration with Lamborghini’s R&D management. The Reventon which has drawn inspiration from the world’s fastest aircraft in modern aviation brings to the world’s roads features like precise and technically impressive style, clean surfaces and a grey-green exterior.

Priced at not less that Euro 1 million plus taxes, the company has rolled out only 20 Reventon cars available. Incidentally, all these 20 machines have been sold, though they will be built and delivered only in 2008.

At the recent Frankfurt Motor Show, the Lamborghini Reventon had won the Most Beautiful Automobile in the World 2007 award in the special models category. Car buffs had then said that the vehicle was destined to become a new legend in the fascinating history of Lamborghini.