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Aston Martin make Nissan’s Andy Palmer their new CEO

Andy Palmer (pictured) is taking the reins at Aston Martin Lagonda Aston Martin has effectively been without a boss since Ulrich Bez stepped down from the role last year, but that changes with the announcement that Andrew Palmer – until now, Chief Planning Officer of Nissan – is to step in to the role. There’s no specific start date for Andy Palmer at Aston, but Nissan has announced that Philippe Klein will take up Palmer’s role at Nissan on 15 September, so it shouldn’t be long before Palmer holds the reins at Aston Martin. But what exactly has persuaded Andy Palmer to jump from a big corporate behemoth like Nissan to a struggling luxury car maker with owners who either want to tug the operating strings (the Kuwaitis) or are looking for a quick return (Investindustrial)?

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.

2013 Honda Accord Coupe earns top safety awards

The 2013 Honda Accord Coupe earned top safety awards from two major U.S. organizations, continuing the brand's clean slate for the 2013 model year. The National Highway Traffic Safety Administration gave the 2013 Accord Coupe a five-star overall vehicle score.