Vintage Airguide Compass on 2040-parts.com

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.

Chevy Volt to get 230-mpg rating for city fuel economy, General Motors says

General Motors expects that the Chevy Volt will get an EPA city fuel-economy rating of 230 mpg, and a combined fuel economy rating of triple digits, CEO Fritz Henderson said Tuesday. The ratings will be based on a new test that the EPA is developing for plug-in electric hybrids. The highway and combined figures were not announced.

Ferrari apologizes for employee filmed doing donuts in China

Ferrari issued an apology on Wednesday after one of its employees was filmed doing donuts in a 458 Italia 20th Anniversary Special Edition on the 600-year-old Ming Dynasty wall in the city of Nanjing. The online community has been up in arms, with users of Wiebo, China's version of Twitter, being allowed to complain the loudest. Much of the anger was directed at the Chinese government, which rented the wall for the occasion at a cost of $12,000.