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By admin, April 19, 2010 2:56 pm

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.

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By admin, April 11, 2010 10:35 am

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.

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By admin, March 28, 2010 10:00 am

It's a small recall, but as part of the bigger pattern, it's worrisome: GM said Friday that it would recall 5,000 brand-new heavy vans because faulty alternators can cause their engines to catch fire. The effected models are 2010 Chevrolet Express and GMC Savana vans.

Continue reading GM's Little Van Recall Extends Auto Industry Woes

GM's Little Van Recall Extends Auto Industry Woes originally appeared on DailyFinance on Sun, 28 Mar 2010 11:00:00.

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By admin, March 18, 2010 6:00 pm

The driver of a runaway Prius in northern New York didn't apply the brakes, according to a statement released Thursday by the National Highway Traffic Safety Administration. Instead, the "throttle was fully open."

Continue reading Federal Investigation Indicates Driver Error in Runaway Prius Accident

Federal Investigation Indicates Driver Error in Runaway Prius Accident originally appeared on DailyFinance on Thu, 18 Mar 2010 19:00:00.

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By admin, March 4, 2010 8:30 am

Some of the Thursday's best investor stories on the Internet, including what T. Boone Pickens is buying, five reasons to purchase a Toyota, and a breakdown of Facebook's revenue.

Continue reading Daily Blogwatch: Five Reasons to Buy a Toyota and Why the Stimulus Package is Working

Daily Blogwatch: Five Reasons to Buy a Toyota and Why the Stimulus Package is Working originally appeared on DailyFinance on Thu, 04 Mar 2010 08:30:00.

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By admin, February 27, 2010 2:00 pm

The Supreme Court will hear arguments on Monday about whether former Enron executive, Jeffrey Skilling, should get a new trial in a venue other than Houston, where his first trial took place.

Continue reading Legal Briefing: Can Former Enron Exec Skilling Get a New Trial?

Legal Briefing: Can Former Enron Exec Skilling Get a New Trial? originally appeared on DailyFinance on Sat, 27 Feb 2010 14:00:00.

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By admin, February 25, 2010 8:45 pm

While Toyota execs were plenty contrite in congressional hearings this week about their massive recall, were they equally as forthcoming? Contradictory testimony about the role car electronics played in accidents suggests there is more to the story.

Continue reading Toyota Execs Supplied the Tears, but What About the Truth?

Toyota Execs Supplied the Tears, but What About the Truth? originally appeared on DailyFinance on Thu, 25 Feb 2010 20:45:00.

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By admin, February 23, 2010 6:15 pm

If lawmakers were looking for answers to explain Toyota's recall of some 6 million cars, they invited the wrong executive. James Lentz, president of U.S. sales, responded by saying "I don't know," as decisions about safety are made by management in Tokyo.

Continue reading Toyota Exec's Recall Answers Leave Lawmakers Fuming

Toyota Exec's Recall Answers Leave Lawmakers Fuming originally appeared on DailyFinance on Tue, 23 Feb 2010 18:15:00.

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By admin, February 23, 2010 6:15 pm

If lawmakers were looking for answers to explain Toyota's recall of some 6 million cars, they invited the wrong executive. James Lentz, president of U.S. sales, responded by saying "I don't know," as decisions about safety are made by management in Tokyo.

Continue reading Toyota Exec's Recall Answers Leave Lawmakers Fuming

Toyota Exec's Recall Answers Leave Lawmakers Fuming originally appeared on DailyFinance on Tue, 23 Feb 2010 18:15:00.

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By admin, February 18, 2010 2:45 pm

In the wake of a request by the head of the House Committee on Oversight and Government Affairs to testify about various safety problems, Toyota's CEO announced he will appear before Congress next week.

Continue reading House Committee Chairman Asks Toyota President to Testify

House Committee Chairman Asks Toyota President to Testify originally appeared on DailyFinance on Thu, 18 Feb 2010 14:45:00.