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Guinness returns fastest production car world record to Bugatti

The Bugatti Veyron Super Sport is back as the “Fastest Production Car” after Guinness World Records looked deeper into the claim, and decided that Bugatti's eliminating the speed limiter in order to set a record did not bar the vehicle from holding the title. “The focus of the review was with respect to what may constitute a modification to a car's standard specification,” said Guinness in a statement. “Having evaluated all the necessary information, Guinness World Records is now satisfied that a change to the speed limiter does not alter the fundamental design of the car or its engine.” Now the company owns both the open- and closed-top speed records with the Veyron Grand Sport Vitesse and the Veyron Super Sport.

Panasonic invests $30 million in Tesla Motors to develop batteries

Japanese electronics giant Panasonic Corp. said late Wednesday it invested $30 million in Tesla Motors Inc. to cooperate on green powertrain development.

2013 BMW 7-series comes with more power, features, cost

BMW released the details of the 2013 7-series sedan on Friday, saying that the entire 7-series line will offer more power, better fuel economy and more advanced features. And it all comes at a slightly higher cost. The 740i and Li will now feature a version of BMW's stalwart, 3.0-liter TwinPower Turbo inline-six engine delivering 315 hp and 330 lb-ft of torque.