Tekna 202 Spray Gun Cap on 2040-parts.com

U.S. is seeking a record $16.4 million fine against Toyota

The National Highway Traffic Safety Administration is seeking a historic $16.4 million civil penalty against Toyota for failing to notify the agency in a timely fashion of a throttle problem that could cause unintended acceleration, Transportation Secretary Ray LaHood said on Monday. The amount is the maximum penalty and would be the most NHTSA has levied against an automaker. The agency said Toyota waited at least four months to alert it of the potential pedal problem.

Porsche mulls smaller SUV, sports car

Porsche may develop a small SUV and a sports car smaller than the Boxster as it aims to double worldwide sales in the next three years. Bernhard Maier, head of sales and marketing at Porsche AG, confirmed that the company is looking into smaller and less expensive models “but we have taken no decision so far.” The small SUV has been code-named “Cajun”--short for Cayenne Jr. The success of the Cayenne SUV has given Porsche confidence to “investigate if there are other opportunities,” Maier said.

McLaren P1: Paris 2012

The McLaren P1 – spiritual successor to the iconic McLaren F1 – has been publicly revealed at the 2012 Paris Motor Show. Still, we do have more details on the P1 concept that McLaren say will turn in to a production car in 2013 before it finds its way in to the garages of wealthy McLaren customers in 2014. The McLaren P1 is designed to be “…the best driver’s car in the world on road and track” according to McLaren, which is setting the bar a bit higher than high, and the concept P1 at Paris is – at least in terms of what we can see – 95 per cent of what the production model will be.