Investigators with Toyota and the federal government were unable to make a Prius speed out of control as its owner did on a California highway, casting doubt about the driver's account.
Responding to a request from the House Oversight Committee for clarification about allegations from an ex-Toyota attorney, the Japanese auto maker sent a letter on Friday to Rep. Edolphus Towns.
What started as a week filled with hope and promise for Toyota executives is ending with a thud. That thud is the sound of more legal cases and investigations being filed or launched against the Japanese automaker.
Federal safety regulators, who allowed auto companies to voluntarily install event data recorders on their vehicles a few years ago, are now looking into whether the systems should be required, the head of the National Highway Traffic Safety Administration said on Thursday.
A top government auto safety official tells Congress that his agency may need more authority to regulate the auto industry.
The drivers say technology is a huge boon for their jobs, saving valuable seconds and providing instant access to essential information. But it also presents a clear risk — even the potential to take a life while they are trying to save one.
You've probably heard the comments. I have. There are many people who have heard the reports of Toyota cars racing out of control and they aren't blaming Toyota.
Toyota's massive recalls are prompting Congress to reconsider whether the nation's auto safety agency has lived up to its mission of protecting motorists.
Stocks ended higher Wednesday, led by financials as the sector got a shot of confidence from a well-known analyst -- and investors. Staples and telecoms were the biggest decliners.
For many years, few metals drew bigger yawns from mining executives than lithium, a lightweight element long associated mostly with mood-stabilizing drugs. Suddenly, the yawns are being replaced by eurekas.
Stocks continued to rise Wednesday, led by banks, amid a fresh vote of confidence for the sector.
The driver of a Toyota Prius told police in suburban New York that her car accelerated on its own, then lurched down a driveway, across a road and into a stone wall.
U.S. stock index futures were flat to slightly higher Wednesday after Wall Street eked out a gain Tuesday and investors waiting for economic data on the housing sector and business inventories.
Toyota said on Tuesday it would fix all Tundra pickups sold in the United States for the 2000 to 2003 model years to address a risk that part of the truck's frame could corrode, causing spare tires or even the gas tank to drop to the road.
Have you ever wondered what will become of Detroit? There's one radical plan out there — and it's coming from the mayor himself.
While Toyota and the National Highway Traffic Safety Administration are investigating the car and the incident, the real problem for Toyota is that this incident raises new questions about the company.
The US government may be sitting on the best value portfolio around.
This year's Geneva International Motor Show, a number of luxury brands debuted concept and experimental hybrids. Take a look at what the future luxury hybrid might look like.
In the ongoing war over whether Toyota vehicles have an electronics problem, the company and its critics have reached a point where both have made their arguments and little has been determined.
Federal regulators could make this high-tech auto-parts maker a lot of money, Cramer says.