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Carbon Corvette Z06 is headed to Barrett-Jackson auction in April

You certainly didn't expect to pay sticker for the first Chevrolet Corvette Z06 Carbon limited edition off the line, did you? Carbon Corvette No. 1 will cross the block on April 3 at the Barrett-Jackson auction in Palm Beach, Fla., and like previous limited-run Chevys, this will definitely create a stir.

Akio Toyoda to testify before U.S. House panel

Toyota Motor Corp. President Akio Toyoda accepted an invitation to testify next week before a congressional committee that is investigating the automaker's safety problems. “I have received Congressman Towns' invitation to testify before the House Committee on Oversight and Government Reform on February 24 and I accept," Toyoda said in an e-mailed statement Thursday.

Toyota resumes sales of Lexus GX 460

Toyota has resumed sales of the 2010 Lexus GX 460 SUV, two weeks after it announced a recall of the 9,400 models already sold. The Japanese automaker stopped sales of the vehicle after Consumer Reports magazine declared the SUV a safety risk, warning readers that it was prone to oversteer in turns. Lexus tested the car in response to the warning and made changes to the vehicle's electronic stability-control software.