Australia’s National Roads and Motorists' Association hosted a summit to identify obstacles hindering development and production of the many alternative fuels and technologies already available in Australia and to determine a concrete set of steps to commercialize these solutions.
Nobody wants to publicly say the Toyota owners filing complaints about unintended acceleration are to blame. But quietly, I hear what people in the industry are saying.
Toyota's recent problems with "unintended acceleration" and faulty brakes could prove to be a valuable lesson for those who believe that protectionism is the answer to all our problems.
The Obama administration may recommend all new cars are fitted with a "smart" brake overide system, U.S. Transportation Secretary Ray LaHood said Wednesday.
There are times to buy a car and then there are really good times to buy a car. Right now is one of those times.
Don’t sacrifice cash for flash, the Mad Money host says.
Several senators on the Commerce, Science and Transportation Committee, which held a hearing Tuesday to investigate Toyota's safety issues and recall, have connections to the Japanese automaker.
Safety advocates who worry about the dangers of distracted driving have a new concern beyond cellphones and gadget-laden dashboards: digital roadside billboards.
Toyota has recalled six million cars in the United States over concerns about sudden acceleration. But an analysis of government documents shows that many Toyota Camrys built before 2007, which were not subject to recalls, have been linked to a comparable number of speed-control problems as recalled Camrys. The New York Times explains.
In talking with global investors and in my recent trip to Davos for the World Economic Forum, I found that people are hardly even talking about Russia anymore. They’ve dropped the ”R“ to the point where it’s become the BIC nations.
Today in China, Toyota President Akio Toyoda apologized to the Chinese for the quality problems that lead to the company recalling more than 9 million vehicles worldwide.
For a company that so many people admire, it would certainly be ironic to see a scandal bring Toyota down. Toyota would then be studied not only for its history of success based on quality, but also as an object lesson on what happens to a brand when integrity is compromised.
But don’t buy the common stock, the Mad Money host says. This is how you trade it.
Ever since his 1996 Toyota Camry shot up an interstate ramp, plowing into the back of an Oldsmobile in a horrific crash that killed three people, Koua Fong Lee insisted he had done everything he could to stop the car.
Fresh from a grueling appearance before Congress, Toyota's chief executive met with Transportation Secretary Ray LaHood on Thursday and pledged "to advance safety to the next level."
It may be, thanks to Washington, Cramer says.
It's one question I hear time and again: Does Akio Toyoda get it? Does he realize how bad this situation is for Toyota ?
Corporate leaders in Japan are affable cheerleaders who solicit everyone's views and avoid confrontation at almost any cost. It's called "nemawashi." U.S. lawmakers are cut-throat partisans who clamor for the spotlight, especially in an election year. It's called politics.
Stocks rallied Wednesday as the dollar pulled back and Fed Chairman Ben Bernanke pledged to keep rates low for a long time. Financials were among the top gainers.
General Motors said Wednesday it will shut down Hummer after its bid to sell the brand to a Chinese company collapsed.