Help The Middle ClassNews and Information For The Heart Of America
Toyota’s President Takes ‘Full Responsibility’, But The Problems Don’t End There (New York Times)
WASHINGTON — Toyota’s elusive president goes before a House committee on Wednesday, one day after the company’s highest ranking American executive came under blistering criticism for its response to problems with sudden unintended acceleration in its cars.
The president of Toyota, Akio Toyoda, will take “full responsibility” when he appears before the House Committee on Oversight [...]
Toyota Does Another Recall – This Time 2010 Prius (USA Today)
Toyota says it is recalling about 437,000 Prius and other hybrid cars worldwide to fix brake problems — the latest in a string of embarrassing safety problems at the world’s largest automaker.
Company President Akio Toyoda made the recall announcement at a press conference Tuesday in Tokyo.
TOYOTA TROUBLES: Could company’s connections help it weather investigations?
“We have [...]
TOYOTA UPDATE: Toyota Top Boss Apologizes For Recalls (Los Angeles Times)
‘I am deeply sorry about the inconvenience and concern caused to our customers and others,’ says Akio Toyoda, who did not announce a Prius recall. ‘I regret this more than anything.’
Reporting from Tokyo and Washington – Calling the huge recall of Toyota Motor Corp. vehicles a “moment of crisis” for the world’s largest automaker, the [...]
8 Ways to Cut Insurance Costs for Teen Drivers (Kiplinger.com)
My 16-year-old son is about to get his license, and I’m afraid of what that might do to our auto-insurance rates. How can we lower insurance costs?
You’re right to be worried — your auto-insurance premiums are likely to skyrocket when your teenage son starts driving. But a few key moves can help you cut costs [...]
Toyota Issues New Recall For 2.3 Million Vehicles. Stops Making Camry And Corolla Models (Los Angeles Times)
The affected vehicles, including the top-selling Camry and Corolla, were recalled because the gas pedal can stick and cause unwanted acceleration. Toyota will also stop making them effective Monday.
Toyota Motor Corp. is temporarily halting sales and production of eight models, including the top-selling Camry and Corolla, that it has recalled because the accelerator pedal can [...]
10 Helpful Hints For Buying Cars in 2010 (Bankrate.com)
Car buying is not like buying a television or other household item. There are many different factors to consider, and the sheer purchase price alone makes it worth spending some time researching before you buy. If 2010 will bring you a new set of wheels, then follow these 10 tips to help ensure you buy [...]
10 Things Your Auto Insurer Is Hiding From You! (Smart Money)
Updated and adapted from the book, “1,001 Things They Won’t Tell You: An Insider’s Guide to Spending, Saving, and Living Wisely,” by Jonathan Dahl and the editors of SmartMoney.
1. “When I say this is a good policy, I mean it’s good for me.”
While agents can help you navigate auto policies, some may not have your [...]
GM Plans Fire Sale To Dump Inventory: Pontaic & Saturns Get Deep Discount (Wall Street Journal)
General Motors Co. is offering its dealers hefty incentives to move thousands of leftover vehicles from its discontinued Saturn and Pontiac brands. The unusual tactic could inflate the car maker’s December sales and cut the cost to car buyers by as much as 46% off the sticker price.
In what is equivalent to a year-end fire [...]
10 Bargin Cars You Should Stay Away From (Yahoo! Auto)
Sometimes, bad things happen to great cars. The exhilarating Pontiac G8, for example, came along just as parent company General Motors decided to kill the entire Pontiac division. The 2009 retirement of the Honda S2000 roadster caused remorse even at Honda.
But most discontinued cars are killed off for good reason, and with a dramatic plunge [...]
Avoid These 5 Car Dealer Extras (Yahoo!)
Negotiating for a car can be a nerve-wracking and difficult process. But even once you’ve agreed on that golden price, you’re not home free. If you’re buying a new car, there are plenty of options a dealer will still try to persuade you to tack on. While some of these might make sense for you, [...]
