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Akio Toyoda named Toyota president amid global crisis

Akio Toyoda, scion of Toyota Motor Corp.'s founding family and now its next president, will bring a U.S. perspective to the automaker as it battles falling sales and an unprecedented financial crisis. Toyoda, 52, will succeed current President Katsuaki Watanabe in June, the company said Tuesday, ending weeks of speculation.

Hershey auction and swap meet gets under way

The Hershey Auction in Pennsylvania is in full swing on Thursday, and our friends from Hagerty Insurance are there. The event is hosted by RM Auctions and includes some of the rarest auto antiques in the world. The two-day event auction coincides with the Antique Automobile Club of America Eastern Division Fall Meet, bringing even more classic sheetmetal to the Hershey Lodge.

McLaren P1 GTR (2015): 986bhp track-only P1 to be unveiled at Pebble Beach

By John Mahoney First Official Pictures 25 July 2014 14:03 McLaren has confirmed it will unveil a track-only version of the P1 supercar at Pebble Beach Concours d’Elegance on Friday 16 August2014. Called the P1 GTR, McLaren’s take on the ultimate track day weapon is not street legal and gets 83bhp more than the standard P1, boosting power to 986bhp. The teaser image, released ahead of Pebble Beach, hints at the huge changes engineers have made to the more powerful, tracksuited P1.