Embattled automaker Toyota has told its dealers that it's readying a fix for problems with the brake system of its Prius hybrid sedan, CNN Money reported Sunday. The Japanese carmaker also told dealers it's planning a public-relations campaign to deal with the fallout from the problems with its vehicles, CNN Money added. The news outlet said the automaker wrote to dealerships saying: "We want to assure our dealers that we are moving rapidly to provide a solution for your existing customers. We will share more specific details on this solution early next week." For the full story, click here.

Continue reading Toyota Tells Dealers It's Readying a Fix for Prius Brakes

Toyota Tells Dealers It's Readying a Fix for Prius Brakes originally appeared on DailyFinance on Sun, 07 Feb 2010 11:05:00.

Filed Under: Toyota

Toyota faced mounting pressure Thursday as the government opened a probe of brake problems with the Prius, a crown jewel of its lineup. The beleaguered automaker said it was "too soon" to decide whether to add the hybrid to the millions of cars it has recalled.

Continue reading Paper Says Toyota to Recall Prius; Carmaker Says No Decision Yet

Paper Says Toyota to Recall Prius; Carmaker Says No Decision Yet originally appeared on DailyFinance on Thu, 04 Feb 2010 20:50:00.

Filed Under: Company News, Technology

There's no stopping Toyota. At least that's what U.S. regulators are concerned about after receiving reports from owners of newly purchased 2010 Prius models who have experienced problems stopping on slippery or bumpy roads. The National Highway Traffic Safety Administration said it will look into reports that the popular hybrid vehicles suffer from momentary loss of braking power when encountering bumps, potholes or uneven road surfaces. The agency said it has received 124 complaints from consumers, including four involving crashes.

Continue reading U.S. Opens Inquiry into Prius Braking Problems

U.S. Opens Inquiry into Prius Braking Problems originally appeared on DailyFinance on Thu, 04 Feb 2010 11:45:00.

Filed Under: Company News, Technology, Toyota, Autos

There's no stopping Toyota. At least that's what U.S. regulators are concerned about after receiving reports from owners of newly purchased 2010 Prius models who have experienced problems stopping on slippery or bumpy roads. The National Highway Traffic Safety Administration said it will look into reports that the popular hybrid vehicles suffer from momentary loss of braking power when encountering bumps, potholes or uneven road surfaces. The agency said it has received 124 complaints from consumers, including four involving crashes.

Continue reading U.S. Opens Inquiry into Prius Braking Problems

U.S. Opens Inquiry into Prius Braking Problems originally appeared on DailyFinance on Thu, 04 Feb 2010 11:45:00.

Filed Under: Company News, Technology, Toyota, Autos