In a method for producing a shaped vehicular panel wherein a wrought aluminum product is formed to provide said panel, the improvement wherein said product is provided as an alloy consisting essentially of 0.4 to 1.2% silicon, 0.5 to 1.3% magnesium, the amount of magnesium exceeding the amount of silicon by 0.1 to 0.4%, from above 0.6% to 1.1% copper, 0.1 to 1% manganese, not more than 0.6% iron, the balance being essentially aluminum and incidental elements and impurities, said product being in the condition resulting from operations comprising working into a wrought product, solution heat treating and quenching and including a heating operation to a temperature of 1020.degree. to 1080.degree. F., said temperature being within 50.degree. F. of the solidus temperature for said alloy, said product in the naturally aged condition exhibiting high strength and formability and good resistance to corrosion, said product in artificially aged condition exhibiting high strength, tear toughness, notch-toughness and impact resistance together with good resistance to corrosion, said product being capable of stable yield strength response to artificial aging treatment at temperatures above 360.degree. F. for time periods of from about 2 hours or less up to 15 hours or more.