Japanese Prime Minister Shinzo Abe on Friday made a widely expected decision to roll out additional fiscal spending.» Read More
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.
It is sport among black belt sushi eaters here to see just how daring one’s palate can be. But even among the squid-chomping, roe-eating and uni-nibbling fans, whale is almost unheard of on the plate. It also happens to be illegal.
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.
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.
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.
To paraphrase Winston Churchill, the US is the worst place to put your money – except for all the others.
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.
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.
It's one question I hear time and again: Does Akio Toyoda get it? Does he realize how bad this situation is for Toyota ?
As two days of Congressional hearings begin today, there is one question above all others that will be front and center: are the electronics in Toyota gas pedals flawed?
Toyota's stay in the penalty box won't be a quick one. If the last week has shown us anything it's the fact hearings, lawsuits, and a steady stream of stories about Toyota being slow to recall millions of potentially dangerous will keep flowing for some time.
As someone who studies the way people perceive risk, and the importance of trust to those perceptions, it continues to amaze me how many smart successful firms like Toyota manage to forget the importance of trust until they’re in trouble, and then they have to spend huge amounts of money and effort, for years, trying to rebuild it, writes the author David Ropeik.
While the initial thought is Toyoda's appearance will finally be the chance for us to get to the bottom of the safety questions surrounding millions of Toyota cars and trucks, I think you'd be better served to dial back your expectations.
China's move to unload US debt is likely to continue in the long term while the "euro scare" may last a while, legendary investor Jim Rogers told CNBC.com Wednesday.
The initial headlines out of Japan this morning are sure to ruffle feathers on Capitol Hill. Toyota President Akio Toyoda told reporters that he is not planning to appear at congressional hearings in Washington, D.C.
As Toyota lays plans for a major incentive and marketing campaign designed to win back buyers, I was intrigued by the headlines coming from Toyota dealers at the National Auto Dealers Association meeting this weekend.
The big question is how much will Toyota wind up paying in legal claims for the lawsuits it faces and will face as a result of its unintended acceleration problems?
For years, if you wanted to buy a Toyota you knew that you weren't going to get much of a deal. It was a given. Some people grumbled about it, but most looked at it as the price you paid for peace of mind. After all, when you bought a new Camry or Corolla you knew the car wasn't going to break down or be part of a major recall like many of its American rivals.