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Akio Toyoda to testify before U.S. House panel

Toyota Motor Corp. President Akio Toyoda accepted an invitation to testify next week before a congressional committee that is investigating the automaker's safety problems. “I have received Congressman Towns' invitation to testify before the House Committee on Oversight and Government Reform on February 24 and I accept," Toyoda said in an e-mailed statement Thursday.

New Range Rover – sold out for 2013

One UK Land Rover dealer is already reporting the 2013 Range Rover is already sold out for 2013, a week before it debuts at Paris 2012. Not only has Land Rover managed to push the Range Rover more upmarket - and managed to bring in the new 3.0 litre diesel at a similar price point to the old V8 diesel without any real moans about price hikes - they’ve made the Rangie more economical, more powerful and much ‘Greener’. That message seems to have filtered in to Range Rover buyers very quickly, with one Land Rover dealer in the UK already reporting they’ve sold out of their entire allocation for 2013.

Toyota future products: U.S. comeback effort fueled with product blitz

Toyota plans an onslaught of products in the next two years that will attempt to propel the brand back into a leadership position. At least 10 new or redesigned products will arrive in dealerships by the end of next year. A major change in Toyota's product development process involves lengthening the platform cadence.