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Keyword: toyota

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  • Toyota Next Up In Chinese Supplier Strikes

    06/18/2010 10:13:33 AM PDT · by Chi-townChief · 5 replies · 170+ views
    Industrial Maintenance and Plant Operations ^ | June 18, 2010 | Elaine Kurtenbach, AP Business Writer
    SHANGHAI (AP) — Toyota Motor was assessing the impact Friday from strikes that hit two of its China-based parts suppliers, the latest unrest among migrant workers who are the backbone of the country's industrial sector. Workers at a plastic parts factory of Toyota Motor Corp. affiliate Toyoda Gosei Co. in the northeastern city of Tianjin went on strike Thursday, forcing the plant's production line to shut down in the afternoon, said Toyoda Gosei spokesman Tomotaka Ito, at the company's headquarters in Aichi, Japan. That walkout followed a one-day strike by workers at another Toyoda Gosei unit and Toyota supplier, Tianjin...
  • Toyota Resurrects Mississippi Plant to Make Corollas (Update1)

    06/17/2010 11:29:52 AM PDT · by WKB · 15 replies · 554+ views
    Bloomberg ^ | 6-17-10 | By Alan Ohnsman and Cornelius Rahn
    Toyota Motor Corp. is resurrecting plans to complete a plant in Mississippi 18 months after mothballing the facility as U.S. sales collapsed
  • Domestic Brands Surpass Imports in Initial Quality for the First Time in IQS History

    06/17/2010 11:34:40 AM PDT · by eraser2005 · 10 replies · 483+ views
    JD Power Newswire ^ | 6/17/2010 | JD Power
    WESTLAKE VILLAGE, Calif.: 17 June 2010 - Domestic auto brands, as a whole, have demonstrated higher initial quality than import brands for the first time, according to the J.D. Power and Associates 2010 U.S. Initial Quality StudySM (IQS) released today. The study has been conducted annually for the past 24 years.
  • Nascar Sprint Cup Toyota/SaveMart 350 @ Infineon - TNT Sunday 06/20/10 3pm ET (Race #16 of 36)

    06/16/2010 11:26:38 AM PDT · by NormsRevenge · 134 replies · 652+ views
    Nascar.com ^ | 6/16/10
    Sonoma. Wine country and 80ish. Race #16 plays out on a road course. Thanks to our Armed Forces members, past and present. Oh. Did I forget Dad? HaPPY Father's Day!
  • Tesla’s Elon Musk: “I Ran Out of Cash” - 0bama's Space Savior on Financial Ropes

    06/09/2010 10:35:26 PM PDT · by anymouse · 37 replies · 158+ views
    Venture Beat ^ | May 27, 2010 | Owen Thomas
    Tesla Motors CEO Elon Musk seems to have it all. The electric-car entrepreneur is the toast of Silicon Valley, Sacramento, and Tokyo after unveiling a plan to revive Toyota’s shuttered NUMMI plant last week. And deal-hungry Wall Street bankers are angling to take his company public. He’s even a Hollywood star, with a cameo in the hit Iron Man 2 movie, said to be based on his life story. The one thing he doesn’t have, by his own admission, is money. “About four months ago, I ran out of cash,” he wrote in a court filing dated Feb. 23, reviewed...
  • Recall Alert: Regulators Looking Into Reports of Sticking Ford Floor-Mats

    06/03/2010 10:45:11 PM PDT · by prisoner6 · 19 replies · 541+ views
    Family Car Guide ^ | June 2nd, 2010 | Tim Healey
    Recall Alert: Regulators Looking Into Reports of Sticking Ford Floor-Mats Unintended acceleration and sticking floor-mat problems may have spread from Toyota to Ford. Following consumer complaints concerning unintended acceleration caused by sticking floor mats in 2010 Ford Fusion and Mercury Milan sedans, federal regulators have opened an investigation.
  • GM, WH and Congress expand War on Toyota to War on Ford and the US Consumer

    06/03/2010 6:02:56 PM PDT · by Starman417 · 39 replies · 1,021+ views
    Flopping Aces ^ | 06-03-10 | Mataharley
    Despite what headlines proclaimed as a GM success with May figures of a 17% increase year over year, GM's lackluster gains landed them in 11th position out of 15 auto manufacturers' gains in the same period. Apparently, this simply will not do for Obama's Government Motors. So a two pronged assault on competition has been in the works. Today, federal regulators (NHTSA) has announced they are launching an investigation into Ford for sudden acceleration after verifying three complaints. Yup... I said three complaints. On other fronts, GM China (49% share), along with their majority venture partner SAIC, are hosting a...
  • Your Toyota have a sudden acceleration problem? House Democrats solution ..tax increase

    05/28/2010 9:42:58 AM PDT · by Nachum · 6 replies · 324+ views
    wash. examiner ^ | 5/28/10 | Mark Tapscott
    Members of the House will soon vote on the Motor Vehicle Safety Act of 2010, which is essentially the response by the House Democratic leadership to the Toyota sudden acceleration scandal. The measure includes a $9 per car tax to fund a lengthy list of actions to be taken by the National Highway Traffic Safety Administration (NHTSA) to make sure your car doesn't suddenly accelerate without your permision in the future. The tax will be disguised as a "Vehicle Safety Fund" fee to be collected by the manufacturers. That means it will be actually be collected as part of the...
  • Tesla, Toyota to build electric car at NUMMI plant

    05/20/2010 6:02:02 PM PDT · by NormsRevenge · 20 replies · 741+ views
    Mercury News ^ | 5/20/10 | Dana Hull
    In a deal expected to create hundreds of jobs, Tesla Motors announced today that it is teaming up with Toyota to build its all-electric Model S sedan at the recently shuttered NUMMI plant in Fremont. Under the agreement, Toyota will invest $50 million in Tesla, which will acquire the NUMMI plant and begin production of Teslas's Model S sedan in 2012. The deal is expected to create more than 1,000 new jobs The joint venture was unveiled by Tesla's CEO Elon Musk at a 5 p.m. news conference with Gov. Arnold Schwarzenegger, who has been eager to highlight job creation....
  • Swagger Wagon; Toyota minivan

    05/20/2010 6:47:57 AM PDT · by EmilyGeiger · 19 replies · 847+ views
    Toyota's answer to the bad hype about their vehicles. Great commercial.
  • Time for Democrats to Face a People’s Court

    05/10/2010 7:43:57 AM PDT · by Kaslin · 6 replies · 689+ views
    Townhall.com ^ | May 10, 2010 | Terry Paulson
    Whether it’s Toyota or Goldman Sachs/US, Congress loves to publicly feast on executives’ failures to address problems with a rapid-fire stream of questions. They love to blame banks, CEO’s, “corporate greed,” and, of course, President George Bush. With Toyota executives on the hot seat, Democratic Rep. Eliot Engel observed, “There was kind of an attempt to sweep everything under the rug, keep it under the table, not tell anybody and maybe it’ll just go away.” With an exploding deficit, a new, expensive healthcare entitlement, a jobless recovery, and the expanding shortfalls in Medicare and Social Security, maybe it’s time we...
  • AP-GfK Poll: Americans say US cars top Asian autos

    04/21/2010 11:55:12 AM PDT · by decimon · 47 replies · 761+ views
    Associated Press ^ | April 21, 2010 | ALAN FRAM
    After a long romance with foreign rivals, America's love affair with the automobile is returning to its roots with a revived affection for U.S.-made cars. Slightly more Americans now say the United States makes better-quality vehicles than Asia does, with 38 percent saying U.S. cars are best and 33 percent preferring autos made by Asian companies, according to an Associated Press-GfK Poll.
  • Toyota and the Union-Backed, Government-Led Witch Hunt

    04/13/2010 7:05:42 PM PDT · by caper gal 1 · 15 replies · 556+ views
    Andrew Breitbart's Big Government ^ | February 17, 2010 | Brian Johnson
    One might think this is the first auto recall in decades from the way government officials and Congressional Committees have pounced on Toyota. However, as recent as last month, Honda announced a recall of 646,000 Fit models (or Jazz in some markets) due to a faulty master switch that could allow water to enter the electrical components resulting in fires. Ford, less than one year ago, was forced to recall more than 4 million cars based on 550 vehicle fires. The recall concerned cruise-control deactivation switches that were installed in 16 million Fords. Part of the recall included nearly 1.1...
  • Lexus SUV a rollover risk -- Consumer Reports

    04/13/2010 4:38:14 AM PDT · by Abathar · 30 replies · 837+ views
    CNNMoney.com ^ | April 13, 2010 | Peter Valdes-Dapena
    NEW YORK (CNNMoney.com) -- Consumer Reports has issued a safety warning on Toyota's 2010 Lexus GX 460 SUV because of an increased rollover risk during a turn. The magazine says it uncovered the problem during routine tests, and is urging car shoppers not to buy the GX 460 until this problem has been remedied. The special designation given to the GX 460 by Consumer Reports -- "Don't Buy: Safety Risk" -- is rarely given by the magazine. The last time it was used was in 2001, on the Mitsubishi Montero Limited. About 5,000 GX 460s have been sold in the...
  • Detroit's Long Road (The U.S. auto industry isn't dead, but it isn't back, either)

    04/10/2010 6:07:22 PM PDT · by SmokingJoe · 40 replies · 907+ views
    Forbes ^ | April 12, 2010 | Jerry Flint
    The cover of April's Motor Trend magazine informs us that "Buick Is Back." That followed by a few weeks the front page of Barron's declaring that "GM Is Back." My investment advisor, AllianceBernstein ( AB - news - people ), brags at its annual meeting that it's buying Ford. Toyota ( TM - news - people )'s troubles, of course, will send traffic to Ford and General Motors showrooms. If only it were that easy for Detroit to recover lost ground. The loss of confidence in Detroit's vehicles among American car buyers is deep and persistent. GM and Ford--and maybe...
  • Toyota official: 'We need to come clean'

    04/07/2010 9:03:09 PM PDT · by Mr. Mojo · 15 replies · 684+ views
    AP (via MyWay) ^ | Apr 7, 2010 | LARRY MARGASAK and KEN THOMAS
    WASHINGTON (AP) - Five days before Toyota announced a massive recall, a U.S. public relations executive at the automaker warned colleagues in an internal e-mail: "We need to come clean" about accelerator problems, according to documents obtained by The Associated Press on Wednesday. "We are not protecting our customers by keeping this quiet," wrote Irv Miller, group vice president for environment and public affairs. "The time to hide on this one is over."
  • General Motors President Fines Competitor Toyota

    04/06/2010 8:50:38 AM PDT · by foutsc · 15 replies · 624+ views
    Western Hero ^ | 6 April 2010 | Silverfiddle
    General Motors President Barack Obama will fine his competitor Toyota a whopping $16 Million dollars.  It's good to be the king! The announcement was made by loyal Liberal Democrat and Grand High Lord Minister of The People's Roads and Transport, Ray LaHood.
  • Toyota Should Be Fined $16.4 Million, LaHood Says (Obama's World: Your competitor can fine you)

    04/05/2010 1:33:31 PM PDT · by SeekAndFind · 26 replies · 828+ views
    Business Week ^ | 04/05/2010 | Angela Greiling Keane
    Toyota Motor Corp. “knowingly hid a dangerous defect” that caused sudden acceleration and should be fined the maximum civil penalty of $16.4 million, U.S. Transportation Secretary Ray LaHood said. Toyota, the world’s largest automaker, waited at least four months before it told the National Highway Traffic Safety Administration about vehicle accelerator pedals that may stick, LaHood said today in an e-mailed statement. “We now have proof that Toyota failed to live up to its legal obligations,” LaHood said in the statement. “Worse yet, they knowingly hid a dangerous defect for months from U.S. officials and did not take action to...
  • Obama Administration Slaps Toyota On Behalf of UAW Union

    04/05/2010 1:22:15 PM PDT · by Texas Peartree · 17 replies · 511+ views
    The Voice of Reason ^ | April 5, 2010 | Texas Peartree
    The US government should never own or operate an actual company. Look what they have done to the finances of Medicaid, Medicare and Social Security. Giving such power to a governmental bureaucracy is metaphorically like giving a Minuteman missile to a colony of spider monkeys. They probably wouldn’t know how to use it, but it would still cause concern to their neighbors. This mistake is even true for phony-baloney companies that exist solely to provide jobs and swag to former Democrat functionaries, such as Fannie Mae and Freddie Mac. The Democrats did the impossible, taking two publically traded companies and...
  • Middle class takes a hit as Nummi plant closes

    04/02/2010 9:33:57 AM PDT · by thecodont · 44 replies · 1,132+ views
    San Francisco Chronicle / sfgate.com ^ | Friday, April 2, 2010 | Chip Johnson
    April 1 was certainly no fool's joke in Fremont, where the last car - a Corolla - rolled off the assembly line at the Nummi auto plant. It was the end of an era for a city that had built a local economy with the auto plant at the hub of the wheel. The automaker employed 4,700 workers, and related industries that provided services employed another 20,000 people. Nummi was the last auto plant operating in the state, and its shutdown closes another chapter in the life of the blue-collar worker, once a symbol of American middle-class life. Read more:...