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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.

Deloitte interviews 677 'millenials,' concludes they're broke

Until artisanal, sustainable, locally sourced craft-beer bars can upend themselves from their Brooklyn brownstones and directly to your Park Slope loft entrance, it turns out that today's youthful generation will still need to buy cars to get places. In fact, they might even be picky about what they spend time in, which means that young people, even "millennials," are doing research on cars and forming their own opinions as smart consumers. Hey, doesn't that sound familiar?

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.