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Toyota recalls 370,000 Sienna minivans for spare-tire problem

Toyota is recalling certain Sienna minivans manufactured between 2004 and 2011 and sold in 20 northern and Midwestern states and the District of Columbia. The problem is a spare-tire carrier cable that may disintegrate over time due to rust, causing the tire to fall away. A total of 370,000 Sienna models are a part of this recall.

Report: New-vehicle purchase price on the rise

The average purchase price of a new car is on the rise, according to a recent report from automotive analysts at truecar.com. The average transaction price for passenger cars and trucks in the United States was $31,087 last month, up $339 from March 2012. Transaction price, or the out-the-door price, includes taxes, titles and fees.

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