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GM pays back government loans

General Motors Co. said it has repaid the U.S. and Canadian governments $5.8 billion for loans that helped fund the U.S.

Toyota recalls 370,000 Sienna minivans for spare-tire problem

Toyota is recalling certain Sienna minivans manufactured between 2004 and 2011 and sold in 20 northern and Midwestern states and the District of Columbia. The problem is a spare-tire carrier cable that may disintegrate over time due to rust, causing the tire to fall away. A total of 370,000 Sienna models are a part of this recall.

Volvo Flywheel KERS hybrid on the way

Volvo Flywheel KERS - more power, less fuesl, low cost Volvo looks like it’s making a big jump ahead in the ongoing battle to make cars more economical, with plans to roll out a Hybrid Flywheel KERS system to boost performance and cut fuel consumption in the process The innovative system Volvo are trialing is similar in principle to the push-button boost used in Formula 1 cars. Volvo say that their efficient and lightweight system will give a four pot the feel of a six-pot and cut fuel consumption by up to 201% Which are claims we’ve head before when it comes to hybrid technology. And, as long as the car is driven in a very gentle fashion, many of the hybrid claims are true.