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U.S. is seeking a record $16.4 million fine against Toyota

The National Highway Traffic Safety Administration is seeking a historic $16.4 million civil penalty against Toyota for failing to notify the agency in a timely fashion of a throttle problem that could cause unintended acceleration, Transportation Secretary Ray LaHood said on Monday. The amount is the maximum penalty and would be the most NHTSA has levied against an automaker. The agency said Toyota waited at least four months to alert it of the potential pedal problem.

'Blue Angels' Mustang celebrates 100 years of naval aviation

Ford Motor Co. teamed with U.S. Naval Aviation to produce a single-edition "Blue Angels" 2012 Ford Mustang GT, to be auctioned in honor of the 100th anniversary of the Navy's air presence.

Peugeot 508 (2011): first official pictures of France's Mondeo

This is the new Peugeot 508, said to be the first Peugeot to introduce the new design look spun from the SR1 concept first seen back in January 2010. The 508 replaces two cars – the 407 and 607 – and will be available in both saloon and estate bodystyles when it goes on sale at the start of 2011. It's very similar to the 5 concept car shown earlier in 2010, but somehow lacks the stylistic class of recent Peugeots such as the RCZ.