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Toyoda testimony: As automaker grew, safety suffered
Tue, 23 Feb 2010Toyota Motor Corp. president Akio Toyoda plans to tell lawmakers on Wednesday that the company regrettably chased growth at the expense of safety in recent years, and he will announce steps to improve Toyota's handling of customer complaints. Toyoda's written testimony to the House Oversight and Government Reform Committee says the automaker's priorities “became confused.” “We pursued growth over the speed at which we were able to develop our people and our organization,” Toyoda says.
Porsche boss Mueller: A launch every year, 200,000 sales by 2018
Thu, 24 Feb 2011By 2018, Porsche CEO Matthias Mueller, 57, aims to boost annual global sales to more than 200,000 units, up from 97,000 in 2010. To do so, he will introduce at least one new Porsche every year. Mueller, a former executive at Volkswagen AG, replaced Michael Macht as Porsche AG CEO in October.
Koenigsegg CCXR (2007): first official pictures
Sun, 03 Jun 2007By Ben Whitworth First Official Pictures 03 June 2007 02:01 A green Koenigsegg? Surely some mistake? For those who find themselves a little underwhelmed by the 806bhp power output of CAR April's cover star, the Koenigsegg CCX, check out the new CCXR.