Toyota Motor Corp will buy back up to 1.89 percent of its shares worth up to 360 billion yen ($3.5 billion) in what would be the automaker’s biggest buyback in more than a decade. Toyota, expecting record profits for the financial year ending March 31, is returning cash to shareholders and boosting its return on […]
Efforts to conceal the extent of dangerous car defects at Toyota Motor Corp. were so pervasive, prosecutors say, that an exasperated employee at one point warned that “someone will go to jail if lies …
The Justice Department is expected to announce a settlement with Toyota Motor Corp. as early as Wednesday that could cost the auto maker more than $1 billion to end a criminal probe into its disclosure of safety issues, people familiar with the matter said. It is expected to include a deferred prosecution agreement which would […]
WASHINGTON (Reuters) – Toyota will pay $1.2 billion to resolve a criminal probe into its handling of consumer complaints over safety issues, the U.S. Justice Department said on Wednesday. Toyota admitted …
The U.S. Justice Department has reached a $1 billion settlement with Toyota Motor Corp over the automaker's handling of consumer complaints tied to unintended vehicle acceleration and is set to announce the agreement as early as Wednesday, CNN reported. Sources familiar with the deal told CNN that Toyota was expected to avoid criminal charges. The […]
TechnoFile.comToyota's entry level car is a good little vehicle that's more fun to drive than you might think. Even with an automatic transmission. Lexus', on the other hand, is nice vehicle that could be…
TechnoFile.comThere's a reason Toyota's Corolla has earned its place as one of, if not the, top selling cars in history: throughout its many generations, it has offered consistent value and quality for those whose idea…
TechnoFile.comIt appears that both Toyota's flagship Avalon and Lexus' mid-line GS sedans have entered 2014 mostly the same as when they were introduced barely a year ago. Fortunately, it isn't as if they…
Japanese car giant Toyota is recalling 1.9 million of its Prius XW30 hybrid cars following more than 400 reports of a fault with the vehicle’s ‘boost converter’ feature.
In just a little over 5 years, crossover SUVs have quickly become the go to category for car buyers. It is no accident either; the full-size SUV craze of the 90's and very early…