In Torque > Select Road > EDITORS (On the toolbar) > Material Editor > Diffuse Map > EDIT > Search your texture and click apply and PRESS THE SAVE BUTTON when done (above the edit button you pressed before)!
I feel so stupid right now Thank you, i would have been stumped on that for ages until i decided to do something else and then facepalmed on the fact i missed that after going to the wrong tab. EDIT: How do you prevent it from being a solid colour? It ignores the texture and just appears as a solid colour from the colour picker