Category Archives: Toyota

Drivers again faulted over Toyota acceleration

Full Story at msnbc.com A two-year study looking for possible causes behind Toyota’s rash of unintended acceleration issues has put primary blame on driver error — but the review by the National Academy of Sciences also cautioned that some problems may have been caused by inadvertent interactions involving vehicle electronics — an issue frequently cited [...]

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Toyota aims to bring fun back with “86″ sports car

Full Story at news.Yahoo.com OYAMA-CHO, Japan (Reuters) – Toyota Motor Corp <7203.T> unveiled a highly anticipated sports car that it hopes will trigger the rebirth of the company as a maker of “fun” cars that it hasn’t been in years. Japan’s top automaker took the wraps off the compact, rear-wheel-drive model at the Fuji Speedway [...]

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Toyota recalls 550,000 cars for steering issue

Full Story at newsYahoo.com TOKYO (AP) — Toyota Motor Corp. said Wednesday it is recalling about 550,000 vehicles worldwide — mostly in the United States — for problems that could make it harder to steer. The recall affects 447,000 vehicles in North America, as well as 38,000 in Japan and another 25,000 in Australia and [...]

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The 4% mortgage – good luck getting one

Full Story at cnn.com NEW YORK (CNNMoney) — A 4% mortgage sounds too good to be true — and for more than 90% of borrowers, it is. The average rate for a 30-year mortgage dropped below 4% earlier this month for the first time, hitting 3.94%, Freddie Mac reported. But at the same time, LendingTree [...]

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Toyota forecasts $1.6 billion profit drop

Full Story at money.cnn.com NEW YORK (CNNMoney) — Toyota Motor Corp. forecast that it could lose more than $1 billion in profits in the current fiscal year because of disruptions from the tsunami and earthquake that ravaged Japan in March. Toyota released its forecast Friday for the fiscal 2012, projecting that net profit will drop [...]

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Toyota tells U.S. plants ‘prepare to shut down’

Full Story at money.cnn.com NEW YORK (CNNMoney) — Toyota’s U.S. manufacturing arm is preparing for a possible shutdown because of parts shortages from Japan, a Toyota spokesman said. Word has gone out to all 13 of Toyota’s factories in the United States, Canada and Mexico. This does not mean that the plants will stop working, [...]

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Toyota shows off new family of Prius hybrids

Full Story at msnbc.com DETROIT — Toyota Motor Corp unveiled Monday a family of Prius models with two new additions to its iconic hybrid series due to hit U.S. showrooms over the next 18 months. Toyota, the world’s biggest automaker, has dominated the gasoline-electric hybrid market since putting the first Prius on the road in [...]

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Condos for less than the cost of a Corolla

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — The housing bust has made owning a home a lot more affordable — but in some places, prices are extraordinary; you can buy a nice condo for less than the cost of a new family car. Some cities have dozens of attractive condominium listings selling for $50,000 [...]

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Toyota says 270,000 vehicles have faulty engines

Full Story at msnbc.com TOKYO — Toyota Motor Corp. said Thursday about 270,000 cars sold worldwide — including luxury Lexus sedans — have potentially faulty engines, the latest quality lapse to hit the automaker following massive global recalls of top-selling models. Japan’s top-selling daily Yomiuri said in its evening edition that Toyota will inform the [...]

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Toyota recalls Lexus hybrid for fuel spills

Full Story at  msnbc.com WASHINGTON — Toyota said Friday it will recall 17,000 Lexus luxury hybrids after testing showed that fuel can spill during a rear end crash. The Japanese automaker said tests conducted for the National Traffic Highway Safety Administration found that fuel leaked during a rear impact crash at 50 miles per hour [...]

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Toyota recalls 3,800 Lexus cars for steering fix

Full Story at msnbc.com NEW YORK – Toyota Motor Corp. said Friday it is recalling about 3,800 Lexus LS sedans in the U.S. to fix a problem with the vehicle’s steering system following a similar recall in Japan. The company said the recall affects some 2009 and 2010 LS 460 and LS 600h sedans.

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Toyota suspends sales of Lexus GX 460

Full Story atmoney.cnn.com NEW YORK (CNNMoney.com) — Toyota asked dealers to temporarily suspend sales of the new 2010 Lexus GX 460 after Consumer Reports issued a safety warning on the SUV. “We are taking the situation with the GX 460 very seriously and are determined to identify and correct the issue Consumer Reports identified,” said [...]

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Southern California court gets Toyota lawsuits

Full Story at msnbc.com MIAMI – A federal judge in Southern California was chosen Friday to preside over more than 200 lawsuits filed against Toyota in the aftermath of the automaker’s sudden acceleration problems, which could potentially mushroom into one of the nation’s biggest product liability cases.

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Toyota fix in question amid complaints

Full Story atmoney.cnn.com NEW YORK (CNNMoney.com) — Federal safety regulators said Wednesday they have received 10 complaints from drivers alleging sudden acceleration in Toyota vehicles that have already been repaired under the automaker’s recent recall. The National Highway Traffic Safety Administration said it has reached out to the consumers in question to gather more information [...]

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