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Toyoda testimony: As automaker grew, safety suffered

Toyota 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.

2013 SRT Viper costs less than $100,000

We’ve had our first taste of the 2013 SRT Viper on-track at GingerMan Raceway in South Haven, Mich., which you can read about here. Now we know about how much it will cost to put the new V10 sports car in your garage. The SRT Viper starts at $99,390, which includes $1,995 for destination but doesn’t include a gas-guzzler tax that’s still being finalized.

Volvo outlines strategy for U.S. revival

Volvo Cars is rolling out a broad strategy aimed at reviving the brand in the United States after a decade of shrinking demand while nearly doubling sales globally. The plan, shared with U.S. dealers on Tuesday, includes new powertrains, new vehicles, more leasing and fresh marketing under a new, global ad agency.