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Akio Toyoda to testify before U.S. House panel

Toyota Motor Corp. President Akio Toyoda accepted an invitation to testify next week before a congressional committee that is investigating the automaker's safety problems. “I have received Congressman Towns' invitation to testify before the House Committee on Oversight and Government Reform on February 24 and I accept," Toyoda said in an e-mailed statement Thursday.

LA Design Challenge 2013: The Entries

The LA Auto Show Design Challenge entries have been revealed, featuring designs from nine of the world's top design studios. JAC, Mazda, SAIC, Qoros, Subaru, Changfeng, Toyota and two groups from BMW DesignworksUSA have submitted designs for the challenge, themed ‘Biomimicry & Mobility 2025: Nature's Answer to Human Challenges'. This year's brief asked for designs for a vehicle experience that identify issues like congestion, pollution, sustainability, flexibility and safety in designing a mobility solution that mimics nature to solve them.

Used car sales hit record high

USED CAR SALES were at their highest in five years in 2013. There was a 0.9% increase in used car trades, with more than 6.8 million exchanges of ownership recorded, though this is still some way behind the previous record high of 7.8 million used car sales in 2008. Analysis from Experian shows cars aged nine years old or over were among the strongest performers in the used car market, with sales up 6% in 2013 compared to the previous year.