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Trevor’s Back! TVR sold to new British owner

TVR sold to a new British owner, Les Edgar TVR – once the pride of Blackpool – effectively disappeared from the car scene in 2006 when its Russian owner, Nikolai Smolensky, shuttered up TVR just two years after he bought it from Peter Wheeler and last yeare announced there would never be another TVR. But it now seems TVR has been sold to a British businessman, Les Edgar, who has bought the rights to the TVR name and the right to manufacture parts for existing cars. So far, the only evidence of a return is a new splash page on the TVR website (pictured above) which tells us that TVR are ‘Roaring Back’.

35,000 Toyotas recalled over safety concerns

A total of 35,124 Toyotas in the UK are being recalled following safety concerns over the airbag modules, seat rails and steering columns. Toyota Airbag could fail to go off Some 24,785 UK-registered Toyota RAV4 and Hilux models are being recalled following a possible issue with the spiral cable assembly in the airbag module. Due to the position of a retainer in the system, Toyota admits “there may be a risk when the steering wheel is turned of damage to certain circuits that provide connectivity to the airbag.” This would prevent the airbag from working in a crash, and would illuminate a warning light on the dashboard.

U.S. seeks 5 percent annual fuel-economy gains through 2016

The Obama administration today proposed gasoline mileage and greenhouse-gas pollution standards for new vehicles for model years 2012 to 2015, filling in the blanks for manufacturers en route to a 35.5 mpg national target in 2016. The Transportation Department and EPA proposal calls for fuel economy to increase by about 5 percent each year, starting from an average of 27.3 mpg for the 2011 model year, the agencies said in a statement. The average car buyer would save more than $3,000 in fuel costs over the life of a vehicle, the statement said.