Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

Tokyo Auto Salon pits performance autos against hybrids

The world's other big January auto show, the 2010 Tokyo Auto Salon, opened its doors to tuner enthusiasts in mid-month with a record 402 exhibitors. The Auto Salon fuses numerous styles, but the overriding theme this year was hybrid cars, with customized Toyota Priuses and Honda Insights at every turn. Good old-fashioned engine tuning is alive and well in Japan, where even new sports cars are being heavily modified, with cars such as the KRL Mitsubishi Evolution X and the HKS Nissan GT-R both boasting in excess of 600 hp.

Karmann files for insolvency

Karmann, the century-old German coachbuilder synonymous with cabrios and the famous 1950s Karmann Ghia, has filed for insolvency. The company made the move Wednesday in Germany in response to a dramatic decline in revenue, an inability to pay for its massive layoff plan and the worldwide economic crisis. The North American operations, which make convertible tops for Detroit car companies and Volkswagen, are not affected, a spokesman said.

Congress scales back tax break for car buyers

A proposed tax break for new-vehicle buyers is dramatically scaled back in the final version of the economic stimulus bill. Auto dealers and their allies had sought to make interest on auto loans and the sales and excise taxes on new-vehicle purchases deductible from federal taxes. Proponents say those measures are needed to boost showroom traffic and sales.