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Chinese Company to Buy Volvo

Chinese Company to Buy Volvo

Ford Motor reached an agreement to sell its Volvo subsidiary to a Chinese conglomerate for $1.8 billion.

 

Toyota will replace pedals for unhappy owners

Toyota has told dealers it will provide replacement accelerator pedals to owners who are unsatisfied with their repairs under the massive recall following dozens of complaints about the fix....

 

Police: Prius crash likely driver error

Police: Prius crash likely driver error

A Toyota Prius was not the cause of a March 9 crash in Harrison, New York, said authorities citing "black and white" results in their investigation.

 

Toyota tells regulators weighing fix to 1.2 million Corollas

Toyota Motor Corp has told U.S. safety regulators that it is considering how to fix nearly 1.2 million Corolla and Matrix models at risk of stalling out because of flaws in an electronic system.

 

Runaway Prius the New 'Balloon Boy?'

Runaway Prius the New 'Balloon Boy?'

Mystery surrounding driver who reported stuck gas pedal deepens as attorney fights back at Congressional memo. This much is not in dispute: Inspectors could not duplicate the sudden, unintended acceleration that a motorist reported last week when his Toyota Prius reached 94 mph on a California freeway. They tried during a two-hour test drive.

 

Toyota 'Mystified' by Runaway Prius

Toyota 'Mystified' by Runaway Prius

Auto exec says he doesn't know how Calif. man's Prius tale is possible due to vehicle's brake override system.

 

Incentives driving Toyota sales up, exec says

A high-ranking Toyota executive says the auto company's North American sales spiked around 50 percent the first eight days of March as incentives helped lure customers.

 

Class-action lawsuits could cost Toyota $3B-plus

Class-action lawsuits could cost Toyota $3B-plus

Toyota owners claiming that massive safety recalls are causing the value of their vehicles to plummet have filed at least 89 class-action lawsuits that could cost the Japanese auto giant $3 billion or more, according to an Associated Press review of cases, legal precedent and interviews with experts.

 

Toyota says no flaw found with safety electronics

Toyota Motor Corp on Monday sought to discredit an outside study critical of its electronic safety systems and said it had found no flaw with its throttle controls.

 

GM to reinstate 600 dealerships slated to be cut

General Motors Co. will reinstate more than half the dealerships it targeted to drop from its network. GM executives said Friday that about 600 dealerships out of the 1,100 seeking to stay with GM will receive letters giving them the option to remain with the automaker.

 

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