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Toyota Aygo gets new engine technology to make it more economical

The new Toyota Aygo (pictured) gets new engine tech The new Toyota Aygo has only just arrived as Toyota’s part of the city car triumvirate which includes the new Citroen C1 and new Peugeot 108, but its already set to get improvements. Toyota have been playing with the little 1.0 litre three-cylinder that lurks under the bonnet of the majority of Aygos, and have managed to do some serious tweaking. The tweaks include a higher compression ratio of 11.5:1, a cooled exhaust gas recirculation system, changes to the timing, better combustion, less friction and lower weight.

Fisker nets $528 million from Energy Department for hybrid development

Fisker Automotive is building its reputation on producing eco-friendly, luxurious cars. And today, the California company is a shade greener, thanks to the U.S. government.

Spyker warns that Saab's future is 'uncertain' without fresh funds

Spyker Cars NV, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and warned that Saab's future is at risk without additional financing. In its annual report released today, Spyker said the company's "continuity" could become uncertain unless it secures extra funds to finance ongoing operations and the execution of its business plan. Earlier this week, Saab was forced to shut down production for short intervals after key suppliers halted parts deliveries for non-payment.