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Akio Toyoda waves family flag, heir makes crisis personal challenge

The reclusive Akio Toyoda is taking the rare step of waving the family flag, as the scion to Toyota Motor Corp.’s founding dynasty tries to steer the world’s largest car company out of a spiraling safety crisis. In testimony prepared for the House Oversight and Government Reform Committee, President Toyoda pursues a rare personal tack on the emergency, saying “my name is on every car.” “As you well know, I am the grandson of the founder, and all the Toyota vehicles bear my name,” Toyoda says in prepared comments circulated ahead of Wednesday’s committee hearing in Washington. “For me, when the cars are damaged, it is as though I am as well.” The intimate reflection is a departure for Toyoda, who has spent most of his career sidestepping public discussion of his lineage.

Saleen Performance Vehicles reveals new Mustang

Another day, another Saleen Mustang. Saleen Performance Vehicles is unveiling its first version of the 2010 Ford Mustang, the 435S, this week at an enthusiasts' event in Myrtle Beach, S.C. The car is fitted with a Saleen Series VI supercharger and makes 435 hp and 425 lb-ft of torque from its upgraded 4.6-liter V8.

Renault 4 Ever design competition

DesignBoom has teamed up with Renault to create a unique design competition. With the Renault 4 entering its 50th year, the aim of the competition is to redesign and recreate the classic R4. The free-to-enter competition is open to anyone, not just design students and professionals.