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Hot Wheels cars inventor Elliot Handler dies

Elliot Handler,the inventor of Hot Wheels die-cast toy cars, died July 21 at his home in Southern California. He was 95 years old. Handler and his wife, Ruth, and family friend Matt Matson founded the Mattel toy company in 1945.

Ford completes sale of Volvo to China's Geely

Ford said today it has completed the sale of Volvo Cars to Zhejiang Geely Holding Group for $1.8 billion. Divesting Volvo completes Ford CEO Alan Mulally's strategy of exiting European luxury brands to focus on the core Ford brand, following the U.S. carmaker's 2007 sale of Aston Martin, and of Jaguar and Land Rover to India's Tata Motors Ltd.

2015 Honda Civic Type R previewed on video with ‘at least 276 bhp’

2015 Honda Civic Type R previewed on video with ‘at least 276 bhp’ The Honda Civic Type R has died a death as new emission regulations sounded the death knell for the high-revving naturally aspirated lump under its bonnet. But Honda are planning on bringing the Type R back to life in 2015, but rather than a VTEC engine that only wanted to really play over 5000 rpm, Honda are heading back to hot hatch goodness with a new turbo engine that promises ‘at least’ 276bhp. That should make the next Honda Civic Type R not only a lot quicker than the last Type R, but its power will be accessible much lower down the rev range and economy and emissions will be much improved.