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Toyota aims for a comeback, shuffles execs

Toyota, unveiling a new business plan to double operating profit by 2015, will remove its head of North America from a downsized board and promote Canada chief Ray Tanguay to be its highest non-Japanese executive. Yoshi Inaba, 65, continues to lead Toyota North America and Toyota Motor Sales U.S.A. while becoming one of 18 directors to lose board seats.

Endurance-drivers seminar highlights Amelia Island concours

If there were a Hall of Fame for endurance drivers, the nine gentlemen assembled on Saturday at the 17th-annual Amelia Island Concours d'Elegance would certainly be members. Event founder and chairman Bill Warner needed 25 minutes just to read off a portion of their lifetime racing accomplishments as he introduced them individually to a packed ballroom at the Ritz-Carlton Amelia Island, home of the event. Hurley Haywood, Vic Elford, Sam Posey, Joe Buzzetta, Gerard Larousse, Brian Redman, Jim Hall, David Hobbs and Derek Bell regaled the audience with tales of their amazing careers.

Fashion designer John Varvatos continues Detroit theme in new Chrysler 300 ad

Continuing the "Imported from Detroit" campaign that launched with Eminem's epic Super Bowl ad, Chrysler has partnered with fashion designer and native Detroiter John Varvatos for the next installment in the star-studded series of commercials. With Iggy Pop playing in the background, the spot shows Varvatos driving a Chrysler 300 as the voiceover says that the Motor City's "perfect combination of rock and roll and heavy industry" made it the designer's muse. Chrysler also is running an ad with Detroit Lions defensive tackle Ndamukong Suh.