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Toyota Motor Corp has told U.S. safety regulators that it is considering how to fix nearly 1.2 million Corolla and Matrix models at risk of stalling out because of flaws in an electronic system.
Mystery surrounding driver who reported stuck gas pedal deepens as attorney fights back at Congressional memo. This much is not in dispute: Inspectors could not duplicate the sudden, unintended acceleration that a motorist reported last week when his Toyota Prius reached 94 mph on a California freeway. They tried during a two-hour test drive.
A high-ranking Toyota executive says the auto company's North American sales spiked around 50 percent the first eight days of March as incentives helped lure customers.
Toyota owners claiming that massive safety recalls are causing the value of their vehicles to plummet have filed at least 89 class-action lawsuits that could cost the Japanese auto giant $3 billion or more, according to an Associated Press review of cases, legal precedent and interviews with experts.
Toyota Motor Corp on Monday sought to discredit an outside study critical of its electronic safety systems and said it had found no flaw with its throttle controls.
General Motors Co. will reinstate more than half the dealerships it targeted to drop from its network. GM executives said Friday that about 600 dealerships out of the 1,100 seeking to stay with GM will receive letters giving them the option to remain with the automaker.
General Motors said Tuesday that United States sales rose 11.5 percent in February over the period a year ago, including a 32.2 percent gain for the four brands it is keeping: Buick, Cadillac, Chevrolet and GMC.
GM is looking at two offers for its Hummer brand after a deal to sell the line of sport utility vehicles to a Chinese manufacturer collapsed this week.