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2015 Prius said to have even better fuel economy

The next Toyota Prius will get “significantly better fuel economy in a more compact package that is lighter weight and lower cost,” according to Satoshi Ogiso, the Prius program's chief engineer. Ogiso, who is also Toyota Motor Corp.'s managing officer, said the next-gen Prius' performance will reflect “significant advances” in battery, electric-motor and gas-engine technologies. He said Toyota is looking at improving miles per gallon to 55, compared with today's 50 mpg and that the next-generation Prius electric motors will be smaller and more powerful; in addition, its gasoline engine will be among the world's most efficient.

Russian tech entrepreneur buys EV maker Think

Norwegian electric-car maker Think Global AS, which filed for bankruptcy in June, has reportedly been bought out by a global technology entrepreneur. New owner Boris Zingarevich currently runs investment operations based in St. Petersburg, Russia.

Mustangs rule at Fabulous Fords Forever

Mustangs ruled the day at the 29th annual Fabulous Fords Forever car show. “This is the Mustang year,” said Fabulous board member Marc Bodrie. “From 12 months ago, we knew we were going to center this show on 50 years of Mustang.” You could argue that every year is a Mustang year at FFF, with the storied two-door often making up more than half the entries.