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97% of UK Lexus sold in 2014 will be hybrids

Speaking during the European launch of the new Lexus GS300h – the new entry-level hybrid in the executive GS range – Lexus UK director, Richard Balshaw, revealed that 97% of all Lexus sold in the UK next year are likely to be hybrids. The GS300h’s deputy chief engineer, Yukihiro Kito, als confirmed to MSN Cars that the return of diesel-powered Lexus vehicles is unlikely to happen any time soon – if at all. On Bing: see pictures of Lexus hybrids Find out how much a used Lexus costs on Auto Trader According to Kito-san, diesel just does not make sense for Lexus given the markets the company is chiefly competitive in, which is to say the USA and Asia.

Drayson breaks electric land speed record - Video

The Drayson Racing Technologies Lola B12/69 EV electric race car hit a top speed of 204.2 mph at a racetrack at RAF Elvington in Yorkshire, England, smashing the previous record of 175 mph set by Battery Box General Electric in 1974. Fittingly, Lord Paul Drayson was behind the wheel. In order to qualify for the attempt at the electric land speed record, the vehicle had to weigh less than 2,204 pounds (1,000 kg) without the driver.

What does owning a car really cost you?

Not many things are more terrifying than looking at your bank statement every month to see how badly you blew it. But aside from the day-to-day expenses, ever wonder where exactly all of your money is going? Our friends at The Wall Street Journal's MarketWatch site say that AAA's annual report on driving costs for 2013 suggest that it's your car sucking the life out of your bank account.