The odds that one car company could have three unrelated large recalls of three different sets of vehicles within a month are probably 1,000-to-1. But, that is what will happen Toyota (TM) if ABC News…
Toyota (TM) president Akio Toyoda announced that a brake override system will be added to all of its new cars. The enhancement to the company’s vehicles will cut engine power when a a driver…
The Wall Street Journal reports that Toyota (TM) will probably become more aggressive as it tests its cars for quality in the future. That may be of little comfort to people who bought one…
Toyota (TM) may be in trouble now for its recalls, but over the last ten years, its record of complaints to the National Highway Traffic Safety Administration has been remarkably low. Edmunds has just…
Toyota (TM) said it has set aside $2 billion for the recall of about eight million cars and light trucks with brake problems. This does not include the cost of a recall of 2010 models…
Toyota (TM) has announced a recall of its 2010 model Prius, the market leader in the global hybrid car sector. The company says that a software glitch causes a brake problem in the car and…
Japan has two large car companies known throughout the world for quality, workmanship, value, and fuel efficiency. Each took several decades to establish its brand in the US. Each burnished its brand by the launch…
US new vehicles sales reached almost 17 million in 2005. The number dropped to 10.4 million units in 2009, the lowest level in 27 years. Most industry analysts expect the American car market to…
How bad do things get for major brands suddenly under fire? If you have followed the brand damage assault against Toyota Motor Corp. (NYSE: TM), you know it gets bad for a brand and…
Ford (F) has offered customers who bought some 2010 Fusion and Mercury Milan hybrids “a customer satisfaction program to update the software of the regenerative brake system.” Many media outlets are depicting this as a…
Toyota (TM) has recalled over seven million cars worldwide which includes eight of it most popular vehicles. The company is also faced with investigations about trouble with brakes on its 2010 Prius hybrid. French carmaker PSA Peugeot…
Toyota (NYSE:TM) posted a profit of $1.7 billion in the quarter that ended December 31 due to cost cuts and improved sales in Asia and the US. Sales rose 10%. Toyota also raised its…
The bad news is just beginning for Toyota (TM). The eight million vehicles the company has recalled, the shut down production of eight of its most popular cars, and potential brake defects with its…
Exide Technologies (NASDAQ: XIDE) is getting crushed today after news that the company was notified by Wal-Mart Stores Inc. (NYSE: WMT) that the retailer will stop selling the company’s auto batteries in WalMart stores. …
Toyota’s (NYSE:TM) problems get worse with the passing of each day. The company recalled about eight million vehicles worldwide from problems with accelerators. Toyota then shut down production for most of the models which…