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Toyota's global design chief Tokuo Fukuichi appointed president of Lexus

Toyota's global design chief Tokuo Fukuichi will be the first designer to sit on the company's board of directors when his appointment comes into effect on 1 April. Fukuichi will retain his position as global head of design for the Toyota, Lexus and Scion brands and will join the board after the general shareholders' meeting. His influence on Toyota's design direction over the last few years has been noticeable, particularly with Lexus, as the company strives to make its traditionally very conservative products a little more exciting.

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.

Famous family reminds parents of teen driving responsibility

Parents are legally and financially responsible for teens once they get behind the wheel, and no one knows that better than former pro wrestler Hulk Hogan. In 2007, Nick Bollea, the son of Hogan (born Terry Bollea), made news when he was arrested for reckless driving after a near-fatal accident. Nick Bollea was reportedly racing his friend from light to light in a 1998 Toyota Supra owned by him and his father, while his friend Daniel Jacobs was driving Hogan's 2003 Dodge Viper.