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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.

Ferrari ramps up engine-making -- for Maserati

Ferrari is adding 250 workers and expanding its engine-building capacity, even as it says it will cut car production this year at its landmark factory in Maranello, Italy. Why the cause for growth? Ferrari is ramping up its in-house engine operation and will produce more V6 engines, which sister company Maserati will use in the redesigned Quattroporte sedan and the smaller E-segment entry, the Ghibli.

Jenson Button escapes attempted car-jacking in Brazil

Jenson Button - Kidnap attempt in Brazil Yesterday wasn’t really Jenson Button’s day. His low-key performance in qualifying for the Brazilian Grand Prix has probably put the last nail in the coffin of his desire to retain his F1 world champion status. Little, bar a crash taking out Messrs Alonso, Vettel, Webber and Hamilton, will now conspire to allow Jenson to retain his title.