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Hennessey Venom GT2 to bring 1,500 hp

Hennessey The Hennessey Venom GT2 will debut in late 2013 from Texas tuner Hennessey Performance Engineering. The already-bonkers Corvette-powered Lotus will now house a twin-turbocharged 7.0-liter V8 making an unthinkable 1,500 hp. Hennessey didn't reveal the weight but says that the Venom GT2 has more than one horse per 2.2 pounds (1 hp/kg).

Four new electric speed records for the UK

Lord Paul Drayson has set a new World Electric Land Speed record for sub-999kg electric vehicles with an average speed of 205.139mph over the flying mile. This represents a modest 1mph increase over the previous record – which Drayson set last year in the same Drayson Racing Technologies all-electric prototype. But the ‘Lord of Speed’ (as we’ve just dubbed him) also broke four other records in the process.

Toyota recalls some RAV4 and Highlander models for airbag problem

Toyota is conducting a voluntary U.S. safety recall for certain 2007 and 2008 RAV4 models and 2008 Highlanders for a problem with airbag sensors. About 214,000 RAV4s and 94,000 Highlanders and Highlander HVs will be recalled.