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Toyota’s new legal problems
Aug 27 2010Well, what can one say? If a reputed car maker like TOYOTA which has been setting benchmarks in safety, environment consciousness and high quality is facing so many problems regarding its vehicles, then one shudders what is in store for lesser mortals. This brand has been the bulwark around which the automobile industry has been making tremendous progress all these years with so many consumers buying its various models outright or through Car Loans.
After facing a lot of flak over problems related to its recent vehicles, the company now has been subpoenaed by a US court and asked to produce documents related to the steering problems in one of their models. This was revealed by the company which said that this subpoena was received by it almost a month back and this subpoena is to determine whether the company can be pulled up for criminal charges pertaining to the sudden and unintended acceleration of its vehicles as experienced by many drivers.
The company has promised full cooperation though and with over 325 lawsuits within the US itself, the company is surely in for a very rough time. Incidentally, the company has been recalling its vehicles since August 2009 and that figure has crossed eight million.
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Car Dealers Caught Between Volume Reductions and Rising Values
Created Feb 9 2012
Car Pricing guide CAP Black Book warns that dealers will come under increasing pressure from increasing trade values of used cars on one side and volume reductions on the other in the coming months.
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More low Emission Zones for UK
Created Feb 7 2012
If you are adamant that your next car finance deal will be for a “green” car, here is good news: the United Kingdom could soon become one huge Low Emission Zone, according to at least one transport guru.
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Running Costs of Electric Trucks Lower Than That of Diesel
Created Feb 4 2012
The Centre for Transportation and Logistics has just completed a new study during which it was found that electric commercial vehicles could be 9% to 12% cheaper to run than their diesel counterparts.
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London far From Becoming Electric car Capital of Europe
Created Feb 3 2012
The reluctance of British motorists to sign up for car loan deals on electric cars means only one thing: London is very far away indeed from its target to become the electric car capital of Europe.
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Those Awful Female Parkers
Created Feb 3 2012
When you signed up for your first car loan deal, your father might well have warned you against the terrible female parkers that you will come into contact with during the course of your driving career – and told you how to deal with them.
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Huge Increase in Speeding Fines on the Way
Created Feb 2 2012
If it wasn't for cheap car loans, many cash-strapped motorists would find it nearly impossible to keep their vehicles on the road.
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Toyota Hits Landmark 400,000 With Hybrid Car Sales
Created Feb 2 2012
In a recent landmark for low carbon vehicles, Toyota managed to surpass the 400,000 level with sales of its hybrid cars in Europe.
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Those Awful Female Parkers
Created Feb 2 2012
When you signed up for your first car loan deal, your father might well have warned you against the terrible female parkers that you will come into contact with during the course of your driving career – and told you how to deal with them.
More from Motoring News
Huge Increase in Speeding Fines on the Way
Created Feb 1 2012
If it wasn't for cheap car loans, many cash-strapped motorists would find it nearly impossible to keep their vehicles on the road.
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Older Cars are Cheaper to Repair
Created Jan 31 2012
When you sign up for a car finance deal on a new car, you can be sure it is going to be more reliable than the one you traded in.
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