New Jaguar Xke Lucas Side Marker Lens Gasket New Old Stock L824 on 2040-parts.com

Toyota says software glitch in data boxes can give faulty speed readings

A top Toyota executive says the crash data boxes in its vehicles are reliable but a bug in the software that reads the information can provide inaccurate vehicle speeds. The disclosure comes as the National Highway Transportation Safety Administration continues its investigation into unintended acceleration of Toyota models. “Toyota has acknowledged previously that the event data recorders are not accurate,” said Takeshi Uchiyamada, executive vice president in charge of research and development.

SEMA ups scholarship money for car-crazed college kids

The Specialty Equipment Market Association, better known to most of us as SEMA, has announced a hefty boost to its SEMA Memorial Scholarship Fund for 2013: The top student selected now gets $1,000 more for a total of $5,000 toward an automotive-related college education. Other eligible participants in four-year programs get $3,000—last year, they only received $2,000—and two-year students get their funds doubled to $2,000. In the Buckeye State, one lucky student at the Ohio Technical College will get complete tuition coverage, which is a cool $29,400.

1955 Ford Thunderbird takes 2012 Ridler Award at Detroit Autorama

Dwayne Peace, his family and his 1955 Ford Thunderbird took hot-rodding's top prize at the Detroit Autorama on Sunday: the 49th Don Ridler Memorial Award. Peace, accompanied by his two sons who helped build the car, received the trophy and a check for $10,000. The Ridler Award is named for Don Ridler, an athlete and Autorama event promoter from 1957 to 1961.