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News watch December 2011: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourFriday 30 December 2011• Fisker has recalled all 239 Karma plug-in hybrids manufactured between 1 July and 3 November this year to fix a glitch in its battery. Supplier A123 Systems says the problem affects the battery's cooling system, but Fisker is adamant no customers have complained and this is a precautionary step (Automotive News)• Supplier Continental says business looks brisk in the first quarter of 2012, thanks to strong demand in the US and Asia (Automotive News Europe)• Toyota chief executive Akio Toyoda is gradually changing the culture at Japan's biggest car maker, according to the Detroit News.

New ‘E10’ fuel could cost drivers £billions

A Government proposal to implement a new type of petrol fuel called ‘E10’ has been met with outrage, with consumer car publication What Car? branding the plans as “irresponsible.” E10 petrol could potentially cost UK drivers billions of pounds each year, as the new fuel is less efficient and more polluting than the current blend of petrol used in the UK. On Bing: see pictures of how petrol is made Scientists produce “petrol from air” Petrol sold in Britain already conforms to E5 rules, containing up to 5% bio-ethanol by volume.

Why the Corvette Stingray should pace the Indy 500

Will the new Corvette Stingray be at the head of the field on May 26 at the Indianapolis Motor Speedway for the start of the Indianapolis 500? I say -- how could it not be! With its new body and frame and 450-hp V8 engine the Stingray could do the job with just minor modifications.