Read a little. Learn a lot. • Tightly-written news, views and stuff • Follow us on Twitter • Be a Facebook Fan • Tumble us!

21 Feb 2010 21:25

tags

Biz: Toyota saved a lot of money, left a paper trail, shot itself in the foot

  • $100 million reportedly saved by having a smaller recall for their gas pedals, according to a July document
  • four people reportedly died in a crash from floor mat-related problems a month after that internal document source
Posted by Ernie Smith • 0 Comments • Permalink

15 Feb 2010 22:26

tags

Biz: Complaints due to faulty Toyotas crashing are on the rise

  • 34 fatalities reportedly caused by Toyota accelerator issues source
Posted by Ernie Smith • 0 Comments • Permalink

13 Feb 2010 12:43

tags

Biz: Toyota: Might as well recall a few thousand more trucks, eh?

  • 8,000 Tacomas recalled due to drive shafts source
Posted by Ernie Smith • 0 Comments • Permalink

09 Feb 2010 10:04

tags

Biz: Sucks to be a Prius owner: Toyota’s forced to recall more cars

  • 400,000 cars added to the recall, mostly Priuses, due to brake problems
  • 8 million cars have been recalled total, a fairly unbelievable number source
Posted by Ernie Smith • 0 Comments • Permalink

09 Feb 2010 09:20

tags

Biz: Honda’s CFO: Toyota’s problems are the auto industry’s problems

  • I think we should see this Toyota problem from a broader viewpoint. If customers start to harbor doubts about [quality and safety], that would be problem for the whole industry.
  • Honda CFO Yoichi Hojo • Regarding the danger the Toyota recalls pose for the auto industry as a whole. He notes that, for this reason, his company isn’t offering incentives to Toyota customers who trade in their cars, like GM and Ford are. He sees that policy as just a little foolish. Wonder why. source
Posted by Ernie Smith • 0 Comments • Permalink

08 Feb 2010 10:28

tags

Biz: Steve Wozniak treats Toyota’s problems like software bugs

  • All these problems should get fixed, but they shouldn’t stop people from buying the Prius. There are bugs in every product.
  • Apple co-founder Steve Wozniak • Regarding the problems of the Toyota Prius, including the faulty brakes and what he says are accelerator problems when the car is on cruise control. (Up to 97 miles per hour!) Toyota plans to recall 270,000 units of the hybrid in the U.S. and Japan to fix the brake problems. source
Posted by Ernie Smith • 0 Comments • Permalink

05 Feb 2010 11:09

tags

Biz: Toyota’s president: I take personal blame for all these problems

  • I deeply regret that I caused concern among so many people. We will do our utmost to regain the trust of our customers.
  • Toyota Motor Company President Akio Toyoda • Regarding the recent recall crisis. Toyoda, the grandson of the company’s founder, has a bit of a mess on his hands thanks to the recalls. He’s been absent in recent weeks, which hasn’t helped the company’s cause. Asked about whether they’d been underestimating the problem, he said, “I believe what is happening now is a very big problem. We are in a crisis.” source
Posted by Ernie Smith • 0 Comments • Permalink
 

04 Feb 2010 23:27

tags

Biz: Toyota could call for a recall of their Japanese Priuses

  • 200,000 hybrids to be recalled? source
Posted by Ernie Smith • 0 Comments • Permalink

04 Feb 2010 10:55

tags

Biz: Toyota made a profit last quarter, one to be eaten up by the recalls

  • $900
    million     the size of Toyota’s profit in the final three months of last year
  • $2
    billion     the expected cost of all the recalls for faulty gas pedals source
Posted by Ernie Smith • 0 Comments • Permalink

04 Feb 2010 09:58

tags

Biz: Toyota says an evil computer is causing the Prius’ brake problems

  • This company has just had a lot of hell lately, haven’t they? A software glitch is to blame for the 2010 Prius’ brake issues. It causes a one-second disconnect between the brakes and the computer – long enough to go 90 feet if  you’re driving at 60mph. They plan to offer a fix for it, but one thing they aren’t doing is offering a recall. The Prius, BTW, doesn’t have the accelerator problems that caused many of the company’s non-hybrid cars to get recalled. source
Posted by Ernie Smith • 0 Comments • Permalink
 
<< newer 
top tags
older >>