Toyota (TM) is already facing product liability suits over defects in its recalled cars. The settlement to people who claim injury could hit $5 billion according to several industry experts. But, liability…
Douglas A. McIntyre Edmunds reports that incentives have increased the public’s “intent to purchase” Toyota’s by 40% in March. That may help the Japanese car company some, but its competitors have rolled out incentives as well.…
Lee Iacocca, Chrysler’s CEO in 1979, worked for $1 a year while his company paid back taxpayers $1.2 billion in loan guarantees. Edward Liddy, former CEO of Allstate (ALL), was paid $1…
Mattel (MAT) toys had lead paint in them. Car companies from Toyota (TM) to Nissan to Honda (HMC) have recalled cars for defects, some of them dangerous. The US Consumer Product Safety Commission…
Toyota (TM) dominated the 2010 JD Power Vehicle Dependability Survey. Granted, the poll looks back over a period of a year. Power describes the methodology as “original vehicle owners were asked to report the type and…
Reuters: Toyota (TM) told regulators it is looking at how to fix 1.2 million Corollas. Reuters: A Chinese export body said a rise in the yuan would be destructive. Reuters: China Mobile’s…
A look at the “hardest working” major brands for 2009 shows that a number of them belong to companies which have done poorly and, in at least one case, may file Chapter…
Every car sold in America, and perhaps the rest of the world, is broken or dangerous to drive so it seems. Toyota (TM) has recalled more than eight million cars. Ford (F) says…
Reuters: The Fed is likely to keep interest rates low for some time. Reuters: China said the yuan in not behind the US trade gap. Reuters: A record number of Chinese are…
Toyota’s US sales are recovering in March, as improbable as that may seem. Industry research group Edmunds.com said the Japanese company’s zero percent incentive plan has brought Toyota’s market share in the US…
Reuters. Obama will nominate Yellen to be Fed vice chair. Reuters: China told Obama to leave yuan policy to its government. Reuters: A Chinese minister said the nation could not keep up…
Like GM and Toyota (TM) before it, VW aims to be the largest car company in the world within a few years with a huge lead over its competition. In the meantime,…
Reuters: BP (BP) bought Devon for $11 billion to get access to its oil fields. Reuters: Toyota (TM) give a Senate panel a memo from a union seeking better quality control. Reuters: …
The price tag for Toyota’s (TM) massive recall of eight of its popular models plus the Prius hybrid and its Tundra truck is estimated as high as $5 billion according to experts…
Douglas A. McIntyre Reuters: Democrats may miss their goal to vote on healthcare reform. Reuters: China exports rose 46% in February. Reuters: China’s Geely raised money to buy Volvo. Reuters: Strong Chinese trade data made…
