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

Automakers reported improved sales in April compared to a year ago, as consumers continued to open their wallets and spend money on new cars and trucks. Ford, General Motors, Toyota and, surprisingly, Chrysler all saw double digit growth.

Continue reading April Showers Automakers with Improved Sales

April Showers Automakers with Improved Sales originally appeared on DailyFinance on Mon, 03 May 2010 16:30:00.

Filed Under: Company News, Economy, Earnings, Honda Motor Co., Ford Motor Co., Toyota, General Motors, Autos

General Motors reported car sales in April rose 6.4% from a year ago, and jumped 19.7% within its core GM brands. At Ford, sales jumped 25% over April 2009, thanks largely to beefed up demand for its Fusion, Escape and Flex models.

Continue reading Ford, General Motors See Sales Surge in April

Ford, General Motors See Sales Surge in April originally appeared on DailyFinance on Mon, 03 May 2010 15:09:00.

Filed Under: Company News, Economy, Ford Motor Co., General Motors, Autos

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

Asian markets closed mostly higher Monday. In Japan, the Nikkei 225 Index surged 2.3% on strong data out of the U.S., including a jump in new home sales and a rise in orders for durable goods. In Hong Kong, the Hang Seng gained 1.6% and China's Shanghai Composite Index slid 0.5%.

Continue reading Japanese Shares Surge on Positive U.S. Data, HK Real Estate Stocks Rise

Japanese Shares Surge on Positive U.S. Data, HK Real Estate Stocks Rise originally appeared on DailyFinance on Mon, 26 Apr 2010 06:45:00.

Filed Under: Economy, Investing, Sony, Toyota

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

CenturyTel Inc. (CTL) agreed to buy Qwest Communications International (Q). The per share price would be equivalent to $6.02, a premium of approximately 15% over Qwest's closing price Wednesday. The deal combined two of the largest U.S. land-line phone companies and would be one of the biggest U.S. telecom deals in years. Q...

Continue reading Stocks in the News: Qwest, Nokia, eBay

Stocks in the News: Qwest, Nokia, eBay originally appeared on DailyFinance on Thu, 22 Apr 2010 08:03:00.

Filed Under: Company News, Investing, Earnings, Netflix, Nokia, Pepsico, Verizon, Starbucks, Toyota

Ratings agency Moody's has cut Toyota's credit rating one notch, from Aa1 to Aa2, its third-highest rating, due to concerns about future profits.

Continue reading Moody's Cuts Toyota Credit Rating as GM Rises from the Ashes

Moody's Cuts Toyota Credit Rating as GM Rises from the Ashes originally appeared on DailyFinance on Thu, 22 Apr 2010 06:55:00.

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

Some 115,000 people have signed up at Nissan's website to get more information about the all-electric Leaf compact sedan, which goes on sale in December. Users can also sign up to be the first to own one of the zero-emission vehicles.

Continue reading Nissan Starts Taking Orders for All-Electric Leaf Car

Nissan Starts Taking Orders for All-Electric Leaf Car originally appeared on DailyFinance on Tue, 20 Apr 2010 12:44:00.

Filed Under: Energy, Company News, Technology, 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