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Toyota outlines quality reforms; chief bows out of U.S. hearings

Conceding that breakneck expansion led to Toyota Motor Corp.'s current recall crisis, president Akio Toyoda outlined reforms meant to get quality back on track, including more active use of the car's so-called black box crash data recorder. Toyoda, grandson of the carmaker's founder, also indicated he won't sit before Congressional hearings into the quality lapses that have triggered recalls of more than 8.5 million vehicles since last fall. Yoshimi Inaba, the head of Toyota's U.S.

GM recalls ATS, XTS and Impala for brake lamp fix

Cadillac's 2013 ATS and 2013 XTS and the 2014 Chevrolet Impala are being recalled by General Motors because of a potential problem with the brake lamps. The National Highway Traffic Safety Association reports that the brake lamps may "intermittently flash without the brakes being applied, and the cruise control may disengage." The report states this could cause a crash if the following driver isn't warned to adjust vehicle speed. The recall impacts 1,627 copies of the sedans, and comes just two months after the new Chevy Impalas began rolling off production lines.

Deloitte interviews 677 'millenials,' concludes they're broke

Until artisanal, sustainable, locally sourced craft-beer bars can upend themselves from their Brooklyn brownstones and directly to your Park Slope loft entrance, it turns out that today's youthful generation will still need to buy cars to get places. In fact, they might even be picky about what they spend time in, which means that young people, even "millennials," are doing research on cars and forming their own opinions as smart consumers. Hey, doesn't that sound familiar?