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Akio Toyoda waves family flag, heir makes crisis personal challenge

The reclusive Akio Toyoda is taking the rare step of waving the family flag, as the scion to Toyota Motor Corp.’s founding dynasty tries to steer the world’s largest car company out of a spiraling safety crisis. In testimony prepared for the House Oversight and Government Reform Committee, President Toyoda pursues a rare personal tack on the emergency, saying “my name is on every car.” “As you well know, I am the grandson of the founder, and all the Toyota vehicles bear my name,” Toyoda says in prepared comments circulated ahead of Wednesday’s committee hearing in Washington. “For me, when the cars are damaged, it is as though I am as well.” The intimate reflection is a departure for Toyoda, who has spent most of his career sidestepping public discussion of his lineage.

Ferrari Enzo replacement (F70) will get V12

Ferrari F70 (New Enzo) to get V12 It seems to be taking forever for Ferrari to bring the replacement for the Enzo to the market. And that has meant endless speculation (guilty as charged) about what exactly the new Enzo will have to offer. As far back as 2009, we spoke to one of Ferrari’s ‘Favoured’ customers who, even then, had received the call from Maranello asking if he would like to be one of the lucky recipients of the new Enzo.

2015 Nissan Versa to debut at New York auto show

Nissan revealed the first images of the 2015 Versa sedan on April 11. The car goes on sale next week after its debut at the New York auto show for the seriously low price of $12,800 including destination. Improvements include new front and rear fascias, interior upgrades and new packaging content.