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Hennessey Venom GT hits 265.7mph for new world top speed record (+ video)

The Hennessey Venom GT – an American, Lotus Elise-based supercar – has clocked 265.7mph for a new world record top speed for a production car. The world top speed record for a production car has been held by the Bugatti Veyron (well, the Veyron Super Sport) at 258mph, but that’s a ‘limited’ speed for its production cars. The Veyron Super Sport actually hit 267.81mph at VW’s Ehra-Lessian track (it actually hit 269.8mph one way) but because production cars are limited to 258mph the higher speed doesn’t count.

Toyota to premiere five concepts in Tokyo

Toyota is the latest carmaker to announce the contents of its show stand for the upcoming Tokyo motor show, with five new concepts being unveiled. The latest development of the Fuel Cell Vehicle (FCV) Concept will make its debut – previewing a production model that could launch next year – alongside concepts exploring the future of taxis and compact MPVs. We'll also see the introduction of the FV2 (Fun Vehicle 2) concept, which Toyota says is designed to capture its ‘fun-to-drive' philosophy, and the Aqua G Sports concept.

Chevy Volt to get 230-mpg rating for city fuel economy, General Motors says

General Motors expects that the Chevy Volt will get an EPA city fuel-economy rating of 230 mpg, and a combined fuel economy rating of triple digits, CEO Fritz Henderson said Tuesday. The ratings will be based on a new test that the EPA is developing for plug-in electric hybrids. The highway and combined figures were not announced.