Consumer Reports has lifted its "Don't Buy" rating on the Lexus GX 460 SUV less than a month after it warned of handling problems, following new tests that showed recall work corrected the problem. The magazine said Friday the vehicle passed its tests after a Lexus dealer updated the car's electronic stability control software.

Continue reading Consumer Reports Lifts 'Don't Buy' Rating on Lexus SUV

Consumer Reports Lifts 'Don't Buy' Rating on Lexus SUV originally appeared on DailyFinance on Fri, 07 May 2010 08:35:00.

Filed Under: Technology, Toyota, Autos

So far the stock market has yawned at the latest Johnson & Johnson consumer products recall. Sales of Tylenol and Zyrtec are drops in the bucket for the company, but what happens if the public sours on the trusted J&J brand?

Continue reading Why Johnson & Johnson's Recall of Children's Tylenol Matters

Why Johnson & Johnson's Recall of Children's Tylenol Matters originally appeared on DailyFinance on Wed, 05 May 2010 17:00:00.

Filed Under: Health Care, Johnson & Johnson

Hundreds of thousands cribs are being recalled after they were connected to reports of infants becoming trapped in them, the U.S. Consumer Product Safety Commission is announcing today. The recalls are for cribs sold under the Graco and Simplicity brands.

Continue reading Big Crib Recall Announced by Consumer Product Safety Commission

Big Crib Recall Announced by Consumer Product Safety Commission originally appeared on DailyFinance on Thu, 29 Apr 2010 07:13:00.

Filed Under: Company News

Toyota has issued yet another in its long string of safety recalls. The world's largest automaker said Wednesday it was recalling some 50,000 2003 Sequoia SUVs due to issues with sudden, unexpected braking caused by a software problem in the vehicles' electronic stability control systems.

Continue reading Sequoia SUV Joins Toyota's Ever-Growing Safety Recall List

Sequoia SUV Joins Toyota's Ever-Growing Safety Recall List originally appeared on DailyFinance on Wed, 28 Apr 2010 13:40:00.

Filed Under: Company News, Toyota, Autos

After duplicating the outcome of Consumer Reports tests that showed its Lexus GX 460 sports-utility vehicles may be susceptible to rolling over, Toyota will recall the luxury SUV to fix the potential safety problem, the company announced Monday.

Continue reading Toyota Recalls Lexus GX 460 SUV for Rollover Issue

Toyota Recalls Lexus GX 460 SUV for Rollover Issue originally appeared on DailyFinance on Mon, 19 Apr 2010 15:56:00.

Filed Under: Company News, Technology, Toyota, Autos

Toyota could have been fined as much as $13.8 billion for its delays in telling the public about problems with its accelerators, but federal law caps fines at $16.4 million. However, one detail about the automakers' problems could let the government double that fine.

Continue reading Toyota May Face Second Big Fine from NHTSA

Toyota May Face Second Big Fine from NHTSA originally appeared on DailyFinance on Sun, 11 Apr 2010 11:35:00.

Filed Under: Company News, Toyota, Autos

Emails the carmaker turned over to the government reveal the internal debate over what to say publicly about its accelerator-pedal problem. Five days before its recall, a Toyota official urges: "The time to hide on this one is over."

Continue reading Toyota Execs Dragged Their Feet in Warning of 'Sticky' Pedal

Toyota Execs Dragged Their Feet in Warning of 'Sticky' Pedal originally appeared on DailyFinance on Thu, 08 Apr 2010 10:30:00.

Filed Under: Company News, Technology, Toyota, Autos

Toyota's Prius was the No.1 selling car in Japan for the 11th month in a row.

Continue reading Toyota Prius Still No.1 in Japan

Toyota Prius Still No.1 in Japan originally appeared on DailyFinance on Tue, 06 Apr 2010 05:00:00.

Filed Under: Honda Motor Co., Ford Motor Co., Toyota, General Motors, Autos

The following is a round-up of news likely to affect stock prices today:

Two federal agencies are joining the U.S. government's effort to discover if electronics may be the source of unintended acceleration in Toyota Motor (TM) vehicles. Scientists from NASA with electronics expertise will help the National Highway Traffic Safety Administration to study the potential for the problem, Transportation...

Continue reading Stocks in the News: Toyota, Xerox, Royal Bank of Scotland, Ford, Apple

Stocks in the News: Toyota, Xerox, Royal Bank of Scotland, Ford, Apple originally appeared on DailyFinance on Tue, 30 Mar 2010 08:00:00.

Filed Under: Company News, Investing, Ford Motor Co., Google , Morgan Stanley , Sprint Nextel Corp., Apple, Xerox, Verizon, 3M, Toyota

Still in search of the root cause behind Toyota's acceleration problems, the Transportation Department's National Highway Traffic Safety Administration is turning to an unlikely source: NASA scientists. The team will investigate whether Toyota electronics are to blame.

Continue reading NASA to Probe Toyota Acceleration Problems

NASA to Probe Toyota Acceleration Problems originally appeared on DailyFinance on Tue, 30 Mar 2010 06:46:00.

Filed Under: Company News, Technology, Toyota, Autos