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A government investigation into runaway Toyotas has found no new safety defects beyond problems with accelerator pedals that explain reports of sudden acceleration in the vehicles, according to preliminary findings released Tuesday.
Safety experts have said vehicle electronic systems could be to blame for the problems that have led to Toyota’s massive recalls but the review by the government, while still at an early stage, has not found any evidence of those problems. Get the full story »
Toyota Motor Corp. said Thursday that it would recall nearly 417,000 high-end passenger cars and SUVs in the United States and Canada to fix steering problems.
The recalls of Toyota Avalon sedans and Lexus LX470 sport-utility vehicles pushes the number of vehicles Toyota has recalled over the past year globally to nearly 11 million, marring its reputation for quality. Get the full story »
Toyota Motor Corp. has pushed back plans to build its Prius in the United States by as much as six years, with a top executive saying U.S. production is likely to start only when the best-selling hybrid is remodelled. Get the full story »
Toyota Motor Corp. has been subpoenaed by a U.S. federal grand jury for documents related to steering problems in its vehicles, the automaker said Tuesday. Toyota and its subsidiaries plan to cooperate with the investigation and are preparing a response, company spokesman Etienne Plas said Tuesday in an e-mailed statement. Get the full story »
Tesla Motors Inc. and Toyota Motor Corp. plan to develop an electric version of the RAV4 SUV that would go on sale in the U.S. two years from now.
The venture is the first project announced by the companies since Toyota purchased about 3% of Tesla for $50 million earlier this year.
From Bloomberg News | Toyota has come up with the repair for some 600,000 Sienna minivans recalled three months ago because the spare tire cable could corrode.
Models from 1998-2010 are included.
The government said Wednesday it had not reached any conclusions about whether Toyota drivers may be to blame for their vehicles suddenly accelerating, a problem that has led to millions of recalled cars and trucks since last year.
The National Highway Traffic Safety Administration said in a statement that its engineers were continuing to investigate the possible causes of sudden acceleration in Toyotas along with scientists and researchers with the National Academy of Scientists and NASA. Get the full story »
The Department of Transportation has analyzed dozens of black boxes in Toyota vehicles involved in accidents blamed on unintended acceleration, finding the throttles were open and the brakes were not engaged, the Wall Street Journal reported Tuesday.
That suggests that drivers of the speeding cars were stepping on the accelerator rather than the brakes. The vehicles investigated came from a sample in which the drivers said they were braking but failed to stop the car before crashing, the newspaper said, citing unnamed sources familiar with the findings. Get the full story »
The sweeping legislation that grew out of Toyota Motor Corp.’s sudden-acceleration crisis — heralded as the most important auto safety bill in a decade — has been scaled back significantly in the face of auto industry opposition.
The bill originally gave federal officials the power to levy unlimited fines against automakers for safety violations, which regulators said could have resulted in multibillion-dollar penalties. But the House version now caps fines at $200 million.
While sales of cars and trucks in the U.S. continue to be more sluggish than expected, automakers – especially the Detroit Three — are seeing the largest increase in average transaction prices in more than five years.
Industrywide, consumers spent an estimated average of $29,217 on a new car or truck from January through May, an increase of $1,057, or 3.7 percent, from last year, according to estimates provided by Edmunds.com. Edmunds’ estimate is based on a sampling of data from about 40 percent of U.S. dealers. Get the full story »
Toyota Motor Corp. said Tuesday that it had received reports more than three years ago of faulty engine valve springs at the center of a U.S. recall of nearly 139,000 luxury Lexus vehicles it announced last week.
Toyota plans to recall 270,000 luxury Lexus and Toyota Crown vehicles across the U.S., Japan, Canada, Australia, Europe and other countries due to the potential defects that could lead to engine failures. Get the full story »
Toyota Motor Corp. will recall 270,000 Lexus and other vehicles worldwide to fix faulty engines in the latest quality lapse at the world’s No. 1 automaker. Flaws in valve springs, a crucial engine component, could make the vehicle stall while it’s moving, Toyota spokesman Hideaki Homma said Friday in announcing the recall. Get the full story »
Most automakers saw their U.S. sales drop from May to June, a sign that this year’s slow recovery in the industry may be stalling.
Americans are delaying big-ticket purchases because they’re worried about their jobs in a period of high unemployment. Nervous consumers could mean a tough summer for automakers, which hope to improve sales after a dismal 2009. Get the full story »
Toyota Motor Corp by Thursday morning had not yet alerted U.S. safety regulators of a recall of one Toyota and seven Lexus models for possible engine stalling while driving, a federal safety official said.
Toyota officials in Tokyo earlier on Thursday said the world’s top automaker was considering “some kind of measure” that may include the recall of 270,000 vehicles worldwide. Get the full story »
Toyota Motor Corp. is considering a recall of the Lexus LS460, its top-of-the-line sedan, because of concerns that the engine may stall, The Nikkei reports in its Thursday morning edition.
Tens of thousands of units would be covered in a worldwide recall. The LS460, which has a 4.6-liter engine, debuted in 2006 and went through a partial remodeling last fall. Get the full story »
