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Toyota to recall 1.1 million Corolla, Matrix models prone to stalling
Thu, 26 Aug 2010Toyota Motor Corp. today issued a recall of 1.1 million Corolla and Corolla Matrix vehicles from the 2005-08 model years after more than 1,000 complaints of stalling. In a statement, Toyota said it was addressing some engine control modules that may have been improperly made.
For new CAFE rules, automakers place high-stakes tech bets
Tue, 23 Mar 2010Game-changing 2015 fuel economy rules are forcing vehicle development teams to make high-stakes bets on expensive technologies--bets that will separate the winners from the also-rans. Not only do federal rules target a 2015 fleet average of 35.5 mpg, up from the current 27.5 mpg for cars and 23.1 mpg for light trucks; they force automakers to bet on different technology packages for each vehicle segment. Companies that do best at mixing technologies while keeping down costs will have an advantage when buyers wince at higher stickers.
Toyota hands over small-car development to its European unit
Tue, 20 Dec 2011Toyota Motor Corp.'s European division next month will take charge of global product planning for small cars as the Japanese automaker expands model research and development in the region. The change, announced Dec. 17, means that Toyota will count on Europe to develop future products in the minicar, subcompact and compact segments, something that Ford Motor Co.