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Gibbs launches new high-speed amphibian vehicles

Michigan-based Gibbs Technologies has released two new high-speed, commercial-grade amphibian vehicles, named the Phibian and the Humdinga. The Phibian is a 30-foot-long, nearly 12-foot-tall craft capable of highway speeds on land and more than 30 mph (26 knots) in the water. Constructed mainly of carbon fiber, the Phibian can hold up to 15 people, including a crew of three.

Redesigned Ford Focus expected to get 40 mpg highway

The redesigned 2012 Ford Focus will get an estimated 40 mpg in highway driving with an all-aluminum 2.0-liter engine mated to a six-speed, dual dry-clutch automatic transmission. The normally aspirated engine combines variable camshaft timing and high-pressure direct fuel injection to crank out 160 hp and 146 lb-ft of torque. That compares with 140 hp and 136 lb-ft from the aluminum 2.0-liter engine used in the current-generation Focus.

First Sight: Daimler-BYD electric car design renderings leak out

Computer renderings of an electric car, being jointly developed by BYD Co., a Chinese battery and car producer that began making cars only less than a decade ago, and Daimler AG with more than a century of experience - were leaked for the second time this year. The car marks a critical juncture for the young Chinese carmaker based in the south China industrial hub of Shenzhen, just a stone's throw away from Hong Kong. It is also a key initiative in China, now the world's biggest auto market, for Daimler.