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Toyota paid $10 million to settle unintended acceleration lawsuit
Fri, 24 Dec 2010Toyota Motor Corp. agreed to pay $10 million to settle a lawsuit with the families of four people who were killed in an accident that led to the automaker’s recall of millions of vehicles over unintended acceleration concerns. The settlement was reached in September, but the amount was not made public at the time after both Toyota and the plaintiffs agreed to keep the deal confidential.
Porsche Cajun: the 2-door coupe crossover
Tue, 12 Oct 2010The Porsche Cajun Coupe Crossover It’s only a week or two since we finally discovered for certain that Porsche will be building an SUV / Crossover based on the Audi Q5. And we also discovered that instead of being the Porsche Roxster – which was always a bit of joke name – Porsche’s trendy crossover would be the Porsche Cajun. And yes, we fully expect the Porsche Chilli and the Porsche Jalapeno to join in at some point in the future.
Former General Motors CEO Robert Stempel dies
Mon, 09 May 2011Former General Motors CEO Robert Stempel, who led the automaker during a turbulent period of recession and restructuring in the early 1990s, has died at the age of 77. "Bob was a very popular chairman with employees, and his many accomplishments as a visionary engineer included leading the development of the catalytic converter, one of the great environmental advancements in auto history," GM said in a statement. "His knowledge of battery development led to the push for the EV1 electric car, and Bob continued to build his expertise in the electrification of the automobile after he left GM in 1992." Stempel died Saturday in Florida, the Detroit News and Detroit Free Press reported Monday night.
