Toyota - Page 4

(AP) Toyota retakes global auto sales crown from GMBy TOM KRISHERAP Auto WriterDETROITToyota has dethroned General Motors as the world’s top-selling automaker. The Japanese company sold 9.7 million cars and trucks worldwide in 2012, although it’s still counting. GM sold

There’s something rotten in the $1.1 billion settlement Toyota reached in a federal court yesterday to settle claims about unintended acceleration in its cars. The massive payout does not address an actual problem: the lawsuit blames problems with Toyota’s throttle-control

DETROIT (Reuters) – Toyota Motor Corp plans to spend $1.1 billion to resolve sweeping U.S. class-action litigation over claims that millions of its vehicles accelerate unintentionally, as the Japanese automaker looks to turn the page on the biggest safety crisis

Young voters formed the backbone of President Barack Obama’s coalition, but the recession in Obama’s economy has left “workers between the ages of 18 and 24 with the highest unemployment rate of all adults” and, as a result, a record

Japan has signed a memorandum of understanding with India to promote joint production of rare earth minerals, a move which will help reduce its reliance on China which controls most of the world’s supply. Under the memorandum signed Friday, the

President Barack Obama incessantly touts the alleged “success” of the $50 billion General Motors (GM) bailout, evidence to the contrary notwithstanding. General Motors – The Government’s Warped Definition of ‘Success’ Much like the Obama Economy, General Motors’ numbers are tanking. 

President Barack Obama was on the campaign trail, at least as late as this July, claiming that $50-billion-bailed-out General Motors (GM) was back – as the globe’s top car seller. The President was saying this long after it stopped being

By ALICIA CHANGAP Science WriterLOS ANGELESSlowly surmounting a key obstacle, the shuttle Endeavour was rolling through the streets of Los Angeles toward its retirement home at a science museum. Endeavour’s terrestrial journey began before dawn Friday when it departed from

Toyota has scrapped plans for widespread manufacturing and sale of a new mini-car that was to be powered as electric only. Reuters reports that Toyota stated they “had misread the market and the ability of still emerging battery technology to

(AP) GM offers big discounts to boost Volt salesBy TOM KRISHERAP Auto WriterDETROITGeneral Motors rolled out the Chevrolet Volt two years ago with lofty sales goals and the promise of a new technology that someday would help end America’s dependence

ELAINE KURTENBACHAP Business WriterTOKYOScores of Japanese-owned factories and stores in China were shuttered Tuesday as anti-Japan demonstrations erupted in dozens of cities. At stake are billions of dollars in investments and far more in sales and trade between Japan and

Vice President Joe Biden has a suggested slogan for the Obama/Biden 2012 campaign. He repeats it everywhere he goes. “Osama Bin Laden is dead,” he bellows, “and General Motors is alive!” There’s only one problem. He’s wrong. Yes, Bin Laden’s

General Motors Co sold a record number of Chevrolet Volt sedans in August — but that probably isn’t a good thing for the automaker’s bottom line. Nearly two years after the introduction of the path-breaking plug-in hybrid, GM is still

By MICHAEL WEISSENSTEINAssociated PressMEXICO CITYTwo U.S. government employees were shot and wounded in an attack on their vehicle south of Mexico City on Friday, a law enforcement official said. The two were riding in an armored U.S. Embassy sport utility

(AP) ‘Top Gun’ director dies after jumping off bridgeBy CHRISTOPHER WEBERAssociated PressLOS ANGELES Tony Scott, director of such Hollywood blockbusters as “Top Gun,” “Days of Thunder” and “Beverly Hills Cop II,” died Sunday after jumping from a Los Angeles County

(AP) GM recalls popular Cruze over fire riskBy TOM KRISHERAP Auto WriterDETROITEngine fires are forcing General Motors to recall the Chevy Cruze, a popular model that has helped GM win back small-car buyers. The recall covers 475,000 vehicles made in

Fresh from promising students that they can have as much sex as they want through his new contraception mandate, President Obama now promises them they can get as educated as they want, for free.  His website boasts that his administration

Shortly before he became Obama’s Secretary of Energy, Steven Chu was quoted by the Wall Street Journal as saying “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe.” To be clear

From The Houston Chronicle: Around 1:52 p.m., a dark-colored, late-model Toyota Camry pulled up next to the Scouts selling cookies outside the Walmart at Grand Parkway and Bellaire. A passenger got out of the car, stole the cash box and