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Class-action lawsuits could cost Toyota $3B-plus
USA Today
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...
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Economy Watch: Toyota's bad luck continues with runaway Prius in California
Washington Post
Toyota's run of bad luck and terrible timing continues. On the same day that Toyota launched a counterattack against the assertion that electronics may be at the heart of its runaway acceleration problem, a Toyota Prius took its...
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Toyota With 'Stuck' Accelerator Hits 94 MPH, Driver Rescued by California Highway Patrol
ABC News
James Sikes, whose 2008 Toyota Prius accelerated suddenly on a California interstate Monday, reaching 94 MPH before he was able to bring it under control with the help of the California Highway Patrol, said the cause of the...
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Toyota finds no flaw with safety electronics
Reuters
By Kevin Krolicki and Bernie WoodallDETROIT (Reuters) - Toyota Motor Corp said it had found no flaw with its throttle controls as it seeks to dismiss an external study critical of its electronic safety systems.The conclusions, announced at...