Corolla

The Worst Product Flops of 2012

Sometimes, no matter how many months a company invests in development or how many millions it spends on marketing, a new product can fall flat on its face. That's what happened to these new offerings, the biggest product flops of 2012.

The Government Reports Aren't an All-Clear for Toyota

The carmaker hoped findings from two federal studies would put to rest speculation about its electronics system as a source for unintended acceleration. But the results may not prove enough to give Toyota a leg up in its ongoing legal battles.

Toyota Fights Recall Woes and Stronger Yen

The Japanese automaker's bottom line is likely to have been affected by its continuing safety recalls, weaker U.S. sales and the rising value of the yen, which has made exports more expensive. Analysts forecast Toyota will report a quarterly profit of about $1 billion on sales of $56.2 billion.

Toyota Keeps Slim Lead Over GM Despite Recall Woes

Toyota managed to hold onto the title of world's No. 1 automaker last year, despite numerous safety recalls that took a toll on its sales. Toyota sold 8.42 million vehicles worldwide in 2010, enough to barely edge out resurgent General Motors, which rang up sales of 8.39 million.

Toyota Sues Old GM for Exiting California Joint Venture

Toyota Motor is reportedly suing what remains of the discarded assets of the "old GM," officially known as Motors Liquidation Co., for pulling out of the companies' joint venture in California, a manufacturing plant known as Nummi.

Toyota Earnings Preview: Recalls May Hurt

When Toyota Motor reports quarterly earnings tomorrow it will give investors the latest snapshot of how big a toll massive recalls and tepid auto sales are taking on the company's bottom line.

Shareholders Sue Toyota Over Recall- Induced Stock Slide

Toyota may have repaired most of the cars it recalled for unintended acceleration problems, but it hasn't repaired its stock price, and U.S. shareholders have filed a class-action lawsuit against the automaker for failing to disclose what it knew about the defects.

Toyota: Unintended Acceleration Claims Are Down 80%

Toyota says complaints by its cars' unintended acceleration have dropped 80% compared to April, , as the world's largest automaker continues to make strides in repairing the nearly 8 million vehicles recalled in the U.S. to over sticky gas pedals and accelerators that get hung up on floor mats.

Toyota Wants 'Unintended Acceleration' Lawsuits Tossed

Toyota has asked a federal judge to dismiss hundreds of lawsuits over problems with unintended acceleration in its vehicles. The world's largest automaker says such complaints are based on anecdotes, and fail to identify specific defects, Bloomberg News reported.

GM Pins Big Hopes on New Chevy Cruze

underwhelming Chevy Cobalt, a model that had a hard time competing with the likes of Toyota's Corolla and Ford's Focus, new versions of which are due in coming months. A coming manual transmission model will have a 40-mpg highway rating.

Toyota Gets Back to Building a Mississippi Factory

With the recession and car recalls, Toyota had halted construction of a manufacturing facility in Mississippi. Now, the Japanese car maker says it will complete the plant, which will hire some 2,000 workers and supply the U.S. market with Corollas by the fall of 2011.

Another Toyota Recall?

Toyota has revealed a stalling issue with 1.2 million Corollas and Matrix models that could lead to another recall.

Toyota May Recall Corolla

The Transportation Department is now looking at steering problems on the Corolla and Toyota may have to add them to the mounting list of recalls.

Toyota Chief Breaks Silence, Apologizes for Recalls

Toyota President Akio Toyoda finally breaks his silence as the Japanese automaker struggles with massive recalls and serious damage to its reputation. At a Friday news conference, Toyoda apologized to customers for recalls involving some of its most popular models.

Toyota Admits Prius Brake Problems

Overshadowing a profit report for its fiscal third quarter, a Toyota official says "We are investigating whether there are defects in the Prius." The quarterly report covers a period before the gas-pedal recall and others, so the profit is likely to be short-lived as Toyota scrambles to make repairs and rebuild its reputation.

Toyota to Pay Dealers for Extra Work from Recall

Toyota is accelerating payments to its 1,200 U.S. dealers for their efforts to help soothe rattled owners of some 2.3 million Toyota cars that have been recalled for unintended acceleration. The company's U.S. sales division will provide payments of $7,500 to $75,000 to help reimburse retailers for extended hours, car washes and other services.

LaHood Makes Things Even Worse for Toyota

Though the Transportation chief quickly backed down from his initial advice that owners of recalled cars "stop driving" them, Toyota can only chalk this up as one more disaster. Still, it's scrambling to get cars fixed and will have plenty of explaining to do when it reports earnings this week.

Toyota Announces Its Gas-Pedal Plan

Toyota said Monday that it has begun shipping parts to its dealers to fix 2.3 million recalled cars with "sticky" accelerators and that it will begin sending letters to owners of the affected vehicles later this week. Many dealers will stay open extended hours, some around the clock, to repair the cars.

Toyota Dealers Have That Lonely, Sinking Feeling

The recalls could cost the company tens of millions of dollars, but what about it dealers? Some estimates put their loss as high as $2.5 billion a month. That's a lotta Tundras-full of cash. If the recall and production shutdown drag on for months, it's possible that some dealers may have to close.

Toyota Halts Sales of 8 Models

Toyota said Tuesday it was suspending U.S. sales of eight recalled vehicle models to fix accelerator pedals that stick, the latest quality problem to...