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Official: UK car production is booming

Nearly 10% MORE cars were produced in the UK this September compared to the same time last year, data released today from the Society of Motor Manufacturers and Traders (SMMT) has revealed What’s more, 1,125,433 cars were manufactured in the UK by the end of the month – that’s a 3.9% rise compared to 2012. September new car sales beat forecasts UK car sales hit four year high in 2012 This means UK car production has returned to pre-recession levels. The rolling 12-month total has now topped 1.5 million vehicles.

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.

Chevrolet Corvette Stingray costs £61,495

The new Chevrolet Corvette Stingray will cost £61.5k in the UK The 2014 MY Corvette Stingray arrived at the Detroit Motor Show in January, and now it’s arriving in the UK. The new Stingray comes with a 6.2 litre LT1 V8 offering a modest (for its size) 455bhp and 460ln/ft of torque, enough to get the Stingray to 60mph in under 4 seconds and, say Chevy, still offer ‘improved’ economy over the old model. In the real world, though, that probably means under 20mpg.