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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.

Paul Walker to be recreated through CGI for 'Fast & Furious 7'

Paul Walker's character will make an appearance in the next "Fast & Furious" film thanks to scenes filmed before his death and computer-generated doubles of the actor. Several sources are reporting that at least four body doubles of Walker have also been involved in the film's ongoing production since filming resumed in late January, after several weeks of evaluations and rewrites by the studio. Approximately half of the photography involving Walker's character, Brian O'Conner, had been shot at the time of Walker's death in Porsche Carrera GT alongside Roger Rodas, his friend and business partner, over Thanksgiving weekend in November of 2013.

IDEA Institute acquired by Quantum Kapital

Turin-based automotive design, modeling and engineering firm IDEA (Institute of Development in Automotive Engineering) has been sold to Quantum Kapital AG, an investment company with an industrial emphasis based in St. Gall, Switzerland. The transaction is expected to be completed in the next few weeks.