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U.S. is seeking a record $16.4 million fine against Toyota
Mon, 05 Apr 2010The National Highway Traffic Safety Administration is seeking a historic $16.4 million civil penalty against Toyota for failing to notify the agency in a timely fashion of a throttle problem that could cause unintended acceleration, Transportation Secretary Ray LaHood said on Monday. The amount is the maximum penalty and would be the most NHTSA has levied against an automaker. The agency said Toyota waited at least four months to alert it of the potential pedal problem.
GM to build Cadillacs outside the U.S.
Tue, 07 Jun 2011General Motors CEO Dan Akerson said Tuesday that the company plans to begin building Cadillacs outside the United States by the end of 2012 as part of its plan to make GM's premium brand a true global nameplate. Akerson said overseas Cadillac production would reduce the risk of foreign-currency fluctuations and allow GM to better manage its supply chain. Although Cadillac long has been sold in China and other international markets, it's produced only in North America.
Toyota C-HR concept
Mon, 22 Sep 2014Add the Toyota C-HR crossover concept to your list of new cars to see at the Paris motor show next week. When Toyota launched the original RAV4 in 1994, it also introduced a new market segment: the crossover. Over the past 20 years, rather like the crossover segment, the RAV4 has grown much larger in size while morphing into a more traditional small SUV.