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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.

2013 Ford Mustang Shelby GT500 to start at $54,995

The muscle-car hammer known as the 2013 Ford Mustang Shelby GT500 will start at $54,995 for the coupe and $59,995 the convertible. Both prices include the $795 destination charge. The 200-mph pony car from the Blue Oval comes with a 650-hp, 5.8-liter supercharged V8 and a manual transmission standard.

Porsche Panamera Junior (Porsche Pajun) still on the cards

Porsche Panamera Junior (Porsche Pajun) still on the cards The idea that Porsche would build a saloon to sit below the Panamera have been on the cards almost as long as the Panamera has been with us. Back in early 2011 we reported that a Porsche Pajun was being planned for 2016 and in 2012 a Porsche source confirmed that a baby Panamera was under development with plans to get it to the market in 2015. Now, Porsche boss Matthias Muller has all but confirmed to Autocar that the ‘Pajun’ is under serious consideration, although the logistics of building a ‘volume’ model like the Pajun is a tough logistical ask as Porsche has just gone through that exercise to produce the Porsche Macan.