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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.
Reporting from Los Angeles and Washington - Unsatisfied with Toyota Motor Corp.'s statements that internal testing has ruled out electronics problems as the cause for sudden acceleration, two top lawmakers Friday asked the company to provide results from those tests and make employees with "personal knowledge" of the testing available for congressional interviews.
The US carmaker has blamed a supplier partly owned by the Japanese group for a faulty car part that led to the recall of 1.3m Chevrolet and Pontiac cars in North America
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.
U.S. lawmakers moved Thursday to obtain internal company documents that a former Toyota official alleges show the auto maker hid safety defects from federal regulators. Separately, Toyota's president agreed to testify before Congress.
U.S. regulators launched a preliminary investigation into reported steering problems on the Corolla sedan on Wednesday as Toyota Motor Corp faced questions from U.S. lawmakers on whether it had ignored red flags on safety before a wave of vehicle recalls.