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  • Class-action lawsuits could cost Toyota $3B-plus

    March 9, 2010 11:27 AM

    First the recalls, now the lawsuits. At least 89 class-action suits have been filed by Toyota owners who claim that massive safety recalls are causing the value of their vehicles to plummet. The suits could cost the automaker $3 billion or more. The figures don't include potential payouts for wrongful... more »
  • Gov't still hearing complaints about fixed Toyotas

    March 3, 2010 12:46 PM

    The Transportation Department is hearing from some Toyota owners who say they're still having trouble with unintended acceleration after their recalled cars were repaired. David Strickland, the administrator of the National Highway Traffic Safety Administration, says the agency is contacting these consumers to find out what's happening and make sure... more »
  • Toyota's US president apologizes for failures

    February 23, 2010 10:18 AM

    The president of Toyota's U.S. operations is apologizing for the company's slow handling of sudden acceleration problems in its vehicles. James Lentz says Toyota took too long to confront the issue. He says Toyota had poor communications within the company, with government regulators and with its customers. Lentz's written apology... more »
  • Toyota probing Corolla power-steering problems

    February 17, 2010 11:45 AM

    Toyota is thinking about issuing another recall, this time it's the hot-selling Corolla subcompact. There have been complaints about problems with the power steering. The world's largest automaker already is reeling from a string of recalls for safety problems. A Toyota exec says details of what may be wrong... more »
  • Toyota to idle 2 US assembly plants amid recalls

    February 16, 2010 11:05 AM

    Toyota says it plans to idle production at assembly plants in Texas and Kentucky while it grapples with massive recalls in the United States. Toyota spokesman Mike Goss says a plant in San Antonio, Texas, has scheduled production breaks for the weeks of March 15 and April 12. Goss says... more »
  • Toyota to replace 3.8M gas pedals

    November 25, 2009 10:02 AM

    The Transportation Department says Toyota Motor Corp. will replace gas pedals on 3.8 million U.S. vehicles due to sudden acceleration or the pedal becoming stuck in the floor mat. As a temporary step, Toyota will have dealers shorten the length of gas pedals beginning in January. Transportation officials told... more »
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