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Toyota has suspended sales of the 2010 Lexus GX460 following a report from Consumer Reports that called the luxury SUV a safety risk. The publication recommended consumers avoid buying the vehicle until the problem is fixed. The 2010 GX460 received the designation following testing at a Connecticut track. Consumer Reports said the GX’s rear end [...]
A judicial panel has decreed that all Toyota unintentional-acceleration lawsuits will be consolidated in the automaker’s US-headquarters state of California. Over one hundred cases have been filed, with very different demands. Most are claiming compensation for deaths and injuries. Others, though, only aim to force Toyota to broaden its recalls, demand the inclusion of brake [...]
With sales and customer demand falling, Toyota, whose leaders have repeated many times in recent weeks that they would rather have high quality than high production, has brought out heavy subsidies to boost sales. With free financing, subsidized leases, and free maintenance added to existing incentives, Toyota is adding the kind of rebates slammed by [...]
Chrysler confounded industry analysts yesterday. Predictions of another sales drop, possibly as high as 20%, failed to materialize as Chrysler posted a small 0.5% improvement in sales, surpassing both Nissan and Honda to take the No. 4 position in the February sales ranks and regaining the No. 5 position in year-to-date (YTD) results. Sales of [...]