According to reports the Toyota recall due to gas pedal problems could cost the company around US $2 billion. Apparenalty it was due to a software problem but this has definitely hurt consumer's trust in this car company.
The story does not end there. Just found out that the US authorities are launching an investigation regarding problems in the 2010 Toyota Prius as well. Can't help but wonder there are vested interests working here considering the fact that the US Govt, has stake in the US car makers - General Motors and Chrysler.
Subscribe to:
Post Comments (Atom)
Popular Posts
-
Most of us know of Hertz as a reputed car rental company. However, not many are aware that Hertz also sells exceptional used cars as well. ... -
The Tata Indica Vista EVX was developed at the Tata Motors European Technical Centre (TMETC) based at Warwick University by a 230-strong tea... -
Wrote this much earlier but forgot to post it up. At the A1 Grand Prix series (the eighth round ) in Sentul, Indonesia, on the 12 of this mo...
-
I know that Jay Leno is the host of NBC television's long-running talk show " The Tonight Show ". However, I didn't know t...
-
This story is a bit old but I decided to put it up anyway. Mazda Motor Corporation launched the World premiere of the new European spec Maz... -
Electric cars do not have an internal combustion engine - which is great for the environment. However, this means that they are amazingly s...
-
Just last month, Tata the new owners of Jaguar and Land Rover announced that 850 workers could lose their jobs . This was following a meetin...
-
According to the Malaysian Automotive Association's (MAA) annual report, auto sales in Malaysia were down 11% in 2006 from the previous ...
-
The new BMW 1 Series Sports Hatch will be launched on 17 September. The car is the only rear-wheeldrive car in its class. Available in a var...
-
I finally got my hands on one "HP Camera Puzzle Part Deux" opportunity. I was too late every single time an opportunity came out. ...
No comments:
Post a Comment