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Toyota to replace the gas pedals on 3.8 million recalled vehicles

Toyota Motor Corp. said Wednesday it will replace the accelerator pedals on 3.8 million vehicles involved in the company's largest recall ever. The models involved are: -- 2007 to 2010 model year Camry -- 2005 to 2010 Avalon -- 2004 to 2009 Prius -- 2005 to 2010 Tacoma -- 2007 to 2010 Tundra -- 2007 to 2010 Lexus ES 350 -- 2006 to 2010 Lexus IS 250 -- 2006 to 2010 Lexus IS 350.The company said it will reconfigure the shape of accelerator pedals to cut down on the risk that they may be jammed in the floor mat.

Toyota's Lentz to say electronics not to blame for acceleration problems

Toyota Motor Sales U.S.A. President James Lentz plans to stick to his guns and tell skeptical lawmakers Tuesday that the company's unwanted acceleration problems do not stem from electronic defects, a copy of his testimony shows. Lentz's reiteration of Toyota's longstanding position suggests that top company executives were unmoved by sharp criticism of that stance Monday by House Energy and Commerce Committee Chairman Henry Waxman.

BARONS ENDS YEAR ON HIGH

AUCTION HOUSE Barons has celebrated a successful classic car auction with 44 successful sales and a 1959 Aston Martin DB MKIII DHC making £175,000. The classic Aston had belonged to the same family since it was three-months-old and was joined by another DB MKIII example, a rolling restoration project that fetched £70,000. Another notable sale was a "time-warp" 1970 Ford Escort Delux MkI, which had covered just 2,600 miles in 40 years.