Lexus
Toyota's Still Tops to Consumers, but Ford's Closing In Fast
3:20PM 1/31/2012
By John Rosevear, The Motley Fool
Honda Motor Co, Ford Motor Co, Toyota, General Motors, Autos, Tesla Motors
Despite its troubles in recent years, Toyota retained its crown in Consumer Reports' annual survey of auto-brand perception, but the survey also showed that Ford is rapidly closing the gap, and other brands aren't far behind.
Self-Driving Cars Are Coming Sooner Than You Think
11:00AM 10/31/2011
By John Rosevear, The Motley Fool
Technology, Honda Motor Co, Ford Motor Co, Microsoft, Sony, Toyota, General Motors, Autos
Before you know it, cars that drive themselves may be available at your local dealership: According to a top GM official, vehicles that "partially drive themselves" will be available in just a few years, with more sophisticated self-driving cars possible by the end of the decade.
February's Auto Sales Put Carmakers in the Fast Lane
3:32PM 3/01/2011
Energy, Company News, Economy, Honda Motor Co, Ford Motor Co, Toyota, General Motors, Autos, Retail, Chrysler
It was a good month for auto sales despite inclement weather across much of the country and surging oil prices. Cars sold near an annual pace of 13 million vehicles. That would make February the best on record since the "cash for clunkers" rebate program in 2009.
February Auto Sales Likely Kept Zipping Along
2:30PM 2/28/2011
Company News, Economy, Honda Motor Co, Ford Motor Co, Toyota, General Motors, Autos, Retail, Chrysler
Major automakers are set to release February sales figures on Tuesday, and analysts expect the reports will show sales improved 20% compared to a year ago. Consumers continued to warm to the slowly improving economy -- so far, despite surging oil prices.
Toyota is recalling nearly 2.2 million more cars to fix problems related to floor mats that can trap gas pedals and cause vehicles to accelerate uncontrollably. Among the models being recalled: The Toyota RAV4, 4-Runner and Highlander, and the Lexus LX 570, RX 330, RX 350 and and RX 400h.
Toyota's Recalls: Why the Government Reports Aren't an All-Clear
6:30AM 2/15/2011
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.
Feds Find No Electronic Cause for Toyota Sudden Acceleration
2:20PM 2/08/2011
In an affirmation of Toyota's claims, an exhaustive 10-month federal investigation has found no evidence of an electronic source for sudden unintended acceleration in companpy's vehicles. Indeed, human error was cited as the cause in many cases.
Earnings Preview: Toyota Fights Recall Woes and Stronger Yen
12:15PM 2/07/2011
The Japanese automaker's bottom line is likely to have been hit by its many safety recalls, weaker U.S. sales and Japan's rising currency. Analysts forecast Toyota will report a quarterly profit of about $1 billion on sales of $56.2 billion.
Toyota Offers California Employees Buyouts to Slim Workforce
6:30AM 2/02/2011
The world's largest automaker is looking to reduce managerial staff at its sales headquarters in Torrance, Calif., by offering workers a buyout.
January Auto Sales Should Build on 2010's Momentum
11:00AM 1/31/2011
Company News, Economy, Honda Motor Co, Ford Motor Co, Toyota, General Motors, Autos, Retail, Chrysler
A slowly brightening economy combined with low financing rates and generally stable fuel prices have put consumers in a buying mood. New models, particularly from Ford and GM, are also helping to keep U.S. auto sales on a positive trajectory as 2011 starts.
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