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Toyota will install brake override systems to prevent runaway vehicles

Toyota will install brake override systems on all Toyota, Lexus and Scion vehicles by year end as a way to prevent unintended acceleration. The new system will be put in all vehicles globally, said Yoshi Inaba, president of Toyota North America Inc., in an interview at the Detroit auto show on Monday. The initiative follows a recall last fall of 3.8 million Toyota and Lexus vehicles in the United States to correct the problem.

Pagani Huayra in Purple with Tricolour Calipers (video)

We have video of what looks like a new build Pagani Huayra, still plastic wrapped, in purple with Italian Tricolour brake calipers. That’s because the Pagani Huayra has not, as far as we can tell, managed to get a European Certificate of Conformity or managed to be Federalised for the US, so sales are impossible. But Pagani are still producing a few cars – although they’ve probably built more Zondas in the last two years than Huayras – but it looks like this Huayra – caught on video outside Pagaini’s premises in Modena – is a new build.

Ford agrees to sell Aston Martin

Ford Motor Company announced this week it has entered into a definitive agreement to sell Aston Martin, its prestigious UK sports car business. The new owner of Aston Martin is a consortium comprised of: David Richards, founder and chairman of Prodrive, a world-leading motorsport and automotive technology company; John Sinders, an avid Aston Martin collector and a backer of Aston Martin Racing; and Investment Dar and Adeem Investment Co, international investment companies headquartered in Kuwait. The sale is expected to close during the second quarter and the transaction values Aston Martin at GBP 479 million ($925 million). As part of the transaction, Ford will retain a GBP 40 million ($77 million) investment in Aston Martin.