06-11 Hyundai Accent 1.6l Engine Oem Motor 37k Lkq on 2040-parts.com
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Toyota proposing $1.1 billion unintended acceleration settlement in US
Thu, 27 Dec 2012Toyota are setting aside an additional $1.1 billion to settle claims in the US of unintended acceleration in their cars. In the ongoing saga of unintended acceleration in the US caused by floor mats, Toyota has revealed it is to set aside an additional $1.1 billion to settle claims and fit new equipment to cars affected by the floor mat problem. Toyota are going to install a brake override system in 3.25 million vehicles, set aside $250 million to compensate owners who have already sold their cars, another $250 million for affected owners whose cars can’t get the brake override system, throw in a care plan for parts related to unintended acceleration and throw $30 million at research in to car safety.
CAR journalist wins top award
Fri, 21 Dec 2007By Ben Pulman Motor Industry 21 December 2007 08:42 CAR's associate editor Tim Pollard has won the industry's Journalist of the Year award 2007. He scooped the prestigious gong at the annual Guild of Motoring Writers awards ceremony at the RAC Club in London for his magazine scoop on the McLaren P11 (the cover story of CAR October 2007). The judges praised Pollard's investigative journalism, which uncovered a dossier of facts, sketches and details of the new junior supercar from the Woking road car and racing specialist.
Carlos Ghosn's automaker mantra: Go big or you'll go away
Tue, 25 May 2010Size matters in auto company survival, Renault and Nissan CEO Carlos Ghosn told an audience in Detroit on Tuesday. To cope with the escalating costs and scope of a global industry, successful automakers must complete a trifecta--be able to compete in every technology, every market and every segment, Ghosn said during a luncheon speech at the Detroit Economic Club “No 3 million-unit carmaker can make it,” Ghosn said, explaining why his Renault-Nissan alliance forged an alliance with Germany's Daimler AG. Competency in one or two of the three skills is not enough, and only very large companies can afford all three, he said.