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Toyota proposing $1.1 billion unintended acceleration settlement in US

Toyota 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.

2012 Mercedes A-Class AMG to get 350bhp & 4WD

Mercedes Concept-A gets unveiled in Shanghai It’s rather hard to imagine the current Mercedes A-Class coming with 350bhp running through its front wheels. It may have managed to pass the Elk test to make it safe, but 350bhp would be enough to tear the steering wheel from your hands and roll you over in a brisk bend. But this isn’t the current A-Class we’re talking about, but the 2012 Mercedes A-Class based on the very fine-looking Mercedes Concept-A we reported a couple of weeks ago, and which bowed in at Shanghai this week.

Toyota increases U.S. prices an average of 1.7 percent on most models

Toyota Motor Sales U.S.A. Inc., coping with a rising yen and an earthquake-shattered supply chain, announced price increases today that average 1.7 percent for many 2011 Toyota, Scion and Lexus models. The increases range from $65 for the small imported Scion xD, to $900 for two of its larger vehicles, the Toyota Land Cruiser and Sequoia SUVs, as well as several Lexus models.