Toyota Names "Ted" As New CEO

Toyota Motor Corp has on Wednesday named the chief operating officer, Tetsuo “Ted” Ogawa it's North America new chief executive, as former CEO Jim Lentz, would retire on April 1.

Bugatti Chiron Sets New World Record Smashes through the 300 Mph Barrier

On Monday, Bugatti announced that a modified Chiron prototype has smashed through the 300mph barrier. Bugatti test driver, Andy Wallace hit a vmax of 304.77mph (490.48kph) in a go-faster Chiron at Ehra-Lessien, becoming the first hypercar to break 300mph.

Google Takes Another Shot At social Networking

Tech giant Google is trying its hand at penetrating the social networking market again with the release of a new social networking app called Shoelace, which is aimed at organizing local events and activities.

Water Discovered On Potentially Habitable Planet

Astronomers at University College of London (UCL) have for the first time discovered water in the atmosphere of a potentially habitable planet, making it a candidate in the search for alien life.

Volkswagen Reopens Assembling Plant After 20 Years

German car lovers in Nigeria may now have some respite as Volkswagen Automobile Group reopened its auto assembly factory on the Badagry Expressway, Lagos, after 20 years of suspending operations in the country. According to the German automaker, the reopening was made possible through its partnership agreement with a private auto company, the Stallion Group for the assembly of the Volkswagen brand of vehicles in the country in line with the National Automotive Industrial Plan announced by the federal government in October 2013.

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