All Posts Tagged Tag: ‘Toyota recall’

Toyota Settlement Pays $1.2 Billion to the U.S.

The U.S. Department of Justice today announced that Toyota Motor Corporation has agreed to pay $1.2 billion to the U.S. to settle a criminal wire fraud charge. It is the largest financial penalty of this kind imposed by the U.S. on a vehicle manufacturer. The settlement surrounds the well-publicized recall of Toyota and Lexus vehicles over manufacturing errors that could …

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Toyota Recall: Are Spiders Really to Blame ?

Toyota has issued an official recall for approximately 803,000 vehicles. The recall is specifically for the 2012 and 2013 models of the Toyota Camry Hybrid, Toyota Camry, Avalon Hybrid, Avalon, and Venza cars sold in the United States. The problem areas are within the housing unit for the air-conditioning. The condenser often leaks water that drips down through the housing …

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Toyota Recalls the Same 780K Vehicles as Last Year

Remember when Toyota recalled almost 800,000 vehicles last year because of some kind of rear suspension issues on their RAV4 SUV and Lexus HS sedan? Well, the company has done it again, literally: a story from Zacks Equity Research is quoting The New York Times on the Toyota Motor Corporation recalling 18,000 Lexus HS sedans and 760,000 Toyota RAV4s over… …

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