Archive for the ‘Latest News’ Category
Toyota Recall Gets Personal
Posted on January, 31 at 9:16 pm | Filed Under Latest News
Yesterday Toyota announced the recall of another 1.9 million vehicles for “pedal entrapment” issues, bringing the total to 9 million cars worldwide. This is the second largest ever, to Ford’s recall of 14 million cars with faulty cruise control switches in 2009. So far in the US, over 2,100 cases of sudden acceleration have been [...]
HK Plant to Open in Alabama
Posted on January, 26 at 8:55 am | Filed Under Latest News
This week, Chinese automaker Hybrid Kinetic Motors announced plans to open a plant in Alabama later this year. This is great news for at least 6,000 autoworkers laid off in 2009 by the Big Three, not to speak of the numerous suppliers that will be needed to support production. It’s good news for the environment [...]
Toyota 10 million sales goal dream
Posted on September, 2 at 12:31 pm | Filed Under Latest News
Toyota’s dream to become number one automaker of the world and reach a sales figure of 10 million cars would highly depend on its reachability to Asian markets.
Toyota is planning to increase its sales everywhere it operates and penetrate into new and emerging economies. Company is aiming to increase its sales in Asian markets [...]