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Lazzarini Design creates Ferrari-powered Fiat 500

If you saw the Fiat Abarth 659 Tributo Maserati car and thought to yourself, “That's just not enough razzle-dazzle,” then maybe this will strike your speed-seeking fancy. It's a Fiat 500 powered by one of the best engines in the world—the 4.5-liter V8 from the Ferrari Italia. Lazzarini Design came up with the concept, and the company says it's waiting for an investor with $550,000 burning a hole in his or her pocket to give building one a shot.

Jaguar F-Type Coupe revealed early

Jaguar F-Type Coupe revealed early The new Jaguar F-Type Coupe will be officially revealed later today (well, the early hours of tomorrow in the UK) as Jaguar stage a Range Rover Sport style dynamic reveal in Los Angeles. But the new F-Type – teased to death by Jaguar in the last few weeks – has arrived a little early thanks to a scanned page from a German car magazine which had access to the details of the new F-Type ahead of its reveal to get their copy in place. It reveals an F-Type that looks very like the original C-X16 Concept the F-Type was heralded by, but with the glass roof we saw in an earlier tease, although the haunches and the transition in to the tail gate look a little rounder than they did on the C-X16 (but that could be an illusion in the images).

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.