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Toyoda testimony: As automaker grew, safety suffered

Toyota Motor Corp. president Akio Toyoda plans to tell lawmakers on Wednesday that the company regrettably chased growth at the expense of safety in recent years, and he will announce steps to improve Toyota's handling of customer complaints. Toyoda's written testimony to the House Oversight and Government Reform Committee says the automaker's priorities “became confused.” “We pursued growth over the speed at which we were able to develop our people and our organization,” Toyoda says.

New Porsche Supercar at Detroit Motor Show – Video Tease

Porsche Detroit Supercar Tease The Detroit Motor Show kicks off today for press – well, today Detroit time, which is a few hours yet – and car makers have been getting their product ready to show. And lots of that product is being sneaked in to keep prying eyes away before the official reveal happens later today or later this week. But Porsche has filmed their promised ‘Something Spectacular’ as it arrives in Detroit to be readied for the eyes of the world to fall upon it.

Toyota to pay $32.4 million U.S. fine over timing of recalls

Toyota Motor Corp. agreed on Monday to pay two more safety fines for a total of $32.4 million, the maximum allowable under U.S. law, to settle federal investigations of whether the company notified regulators of safety defects in timely fashion.