Japan’s Toyota Motor Corporation has reached a $1.1 billion settlement deal to resolve a class action lawsuit by U.S. vehicle owners whose cars suddenly and unintentionally sped up. A Toyota spokesman Wednesday said the deal includes direct payments to customers as well as the cost of retrofitting more than 3 million older cars with a […]
Toyota Reaches $1.1 Billion Recall Deal
Posted December 26th, 2012 at 6:40 pm (UTC-5)
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Toyota Issues Another Major Recall
Posted November 14th, 2012 at 7:50 am (UTC-5)
Toyota is recalling more than 2.7 million vehicles worldwide because of steering and water pump problems. It is the second major recall in as many months for the world’s largest automaker. The Japanese auto giant said Wednesday no accidents have been reported because of the defects, which it says could be fixed in about one […]
Toyota Recalls 7.4 Million Cars for Faulty Power Window Switch
Posted October 10th, 2012 at 3:45 am (UTC-5)
Toyota is recalling more than 7.4 million vehicles worldwide because of a fire hazard caused by a faulty power window switch in over a dozen models. The Japanese automaker said Wednesday the switch for the driver’s side window did not have grease applied evenly during production, creating friction and sometimes smoke. No crashes or injuries […]