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Toyota tests chips that improve hybrid efficiency by 10 percent

Toyota announced on Tuesday that it has developed a new semiconductor, claiming it can boost fuel efficiency in hybrid cars by an impressive 10 percent. The semiconductors manage the flow of electricity through the power-control unit that connects the battery to an electric or hybrid car's motor and generator. The newly developed semiconductors are said to consume only a tenth of the energy of today's chips, while allowing the power-control unit to be 80 percent smaller.

Roush unveils two 540-horsepower Mustangs

The go-fast guys at Roush tore the cover off two 540-hp 2010 Ford Mustangs today. The range-topping Stage 3 Mustang will be limited to 103 copies for 2010, while the 540RH will slot in as minimalistic approach to the iconic Pony Car for customizers. They both launch this fall.

Ford performance-vehicles boss jumps to Volkswagen position

Jost Capito, Ford's global performance-vehicles and motorsports chief, is jumping to Volkswagen to run the German automaker's motorsports operations. Ford is in the process of launching high-performance versions of some of its newest cars, including the Focus ST. The company also has a version of the Fiesta ST as a concept.