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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.
Daimler-Renault alliance to delay new Smart and Twingo models, report says
Wed, 15 Jun 2011Renault SA and Daimler AG, who are sharing technology to build the new Smart ForTwo and Renault Twingo cars, will delay the introduction of the models by a year, according to a French newspaper. The cars will now come to market in 2014 instead of 2013, La Tribune said, citing industry sources. The next ForTwo and the third-generation Twingo will be built on Renault's A platform, with ForTwo production continuing at Smart's plant in Hambach, France, and Twingo output at Renault's Novo Mesto factory in Slovenia.
Mazda’s Russian concept car: first picture
Mon, 16 Jun 2008By Tim Pollard First Official Pictures 16 June 2008 10:18 Want proof that the Russian car market is on its way to becoming one of the world’s biggest and most important? Mazda today confirmed it would build this bespoke concept car for the 2008 Moscow International Automobile Salon. The one-off show car will be a compact crossover specifically aimed at the Russian market.