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Toyota, Lexus dominate KBB's Best Resale Value Awards

Toyota and Lexus stormed the 2014 Kelley Blue Book Best Resale Value Awards, winning a combined 18 categories including best brand and best luxury brand. This marks the third year in a row that both automakers have won the Brand and Luxury Brand resale value awards. In all, Toyota won 11 categories and Lexus won seven.
Honda made a good showing, as well, winning two segments (Accord Plug-In Hybrid and Civic Si) and putting one car on the top-10 Best Resale Value list (CR-V). Chevrolet did even better, winning two segments (with the V6 Camaro and the Corvette) and placing three cars on the top-10-overall list (again, the Camaro and Corvette, plus the Silverado 1500).
The other winners came from Jeep, Dodge, Infiniti, Subaru and Audi. To give you a clearer picture of the Toyota and Lexus domination, their 18 mentions represents more than half of the 34 awards (including the top-10-overall list).

Audi CEO Stadler gets 5-year contract extension

Audi CEO Rupert Stadler will keep his seat at the top thanks to a contract extension. Volkswagen didn't divulge the length of the new contract, but German newspaper Frankfurter Allgemeine Zeitung said the term is five years. Stadler took over the current position in 2007 when current VW CEO Martin Winterkorn left it. That year the brand sold 93,506 in the US and 964,151 in total worldwide; last year it sold 158,061 in the US and 1,575,480 in total worldwide.
Even though the brand has managed only about half the US sales of its two main rivals, it led the charge globally through the first two months of this year. Over the next few years we'll see its US efforts increase with a $30.3-billion investment, 11 new models and the opening of its first North American plant. And right now it can make hay with its World Car of the Year award winner, the A3.
In addition to Stadler, VW sales boss Christian Klingler is said to have received a five-year contract extension, and VW China head Jochem Heizmann has earned another two years on the job.

Crash sends race car driver sliding into first place

A Belgian race car driver won an unexpected victory at the 2016 FIA GT World Cup race last weekend when he slid to victory on the roof of his car. According to Motorsport.com, this year's FIA GT World Cup race at the Macau Guia race track in Macau was more accident prone than usual. The race had already been delayed by one crash earlier in the day when Belgian driver Laurens Vanthoor went into Mandarin Bend too hot chasing Porsche driver Earl Bamber, to whom Vanthoor had just lost his lead. Vanthoor's Audi clipped a wall at about 155 miles per hour causing his car to flipped on to its roof and continued down the straightaway at speed. Thankfully, despite the speed and violence of the crash, Vanthoor escaped mostly unscathed. Officials immediately red-flagged the race and, because of delays caused by the earlier crash, the race was called. Since the race was canceled, officials performed a countback on the previous lap's results and declared Vanthoor the winner despite the fact that he finished upside down. In the aftermath, a shaken Vanthoor questioned whether or not he deserved to win. "I don't really know if I deserved it in a way, as I crashed and made a mistake and I am still a winner – which is very awkward," Vanthoor told Motorsport. "But I don't really know what to say. It would have been a better show for everybody without the crash and a better victory, but I don't know what to think about it." Related Video: News Source: Motorsport.com Auto News Weird Car News Audi Porsche fia macau red flag