Posted in 0% Financing, Recalls, Toyota on Apr 7th, 2010
While preparing for a meeting in Washington with federal regulators about Toyota’s unintended acceleration problems, Irv Miller, Toyota’s vice president for environmental and public affairs, wrote in an e-mail, “We need to come clean.” Five days later, Toyota announced a recall on accelerator pedals, according to the Associated Press. Apparently there was a push from […]
Read Full Post »
Posted in Compact cars, Toyota on Mar 31st, 2010
Toyota has announced that it will bring its microcar the iQ to the United States. Toyota’s Smart Fortwo fighter will be called the Scion iQ in America, according to Autoblog. The Scion brand was formed to be Toyota’s quirky, youth-focused brand, so the iQ will fit in perfectly. The iQ will go on sale for […]
Read Full Post »
Posted in Recalls, Safety, Toyota on Mar 11th, 2010
Toyota has announced that it will expand the recall announced last year for a rust problem with 2000 – 2003 Toyota Tundra models. Undercarriage rust on first generation Tundras could cause the spare tire to detach from the truck. Toyota has already recalled trucks in northern states, and is now expanding the recall to all […]
Read Full Post »
Toyota’s reputation as a reliable car brand has been damaged pretty severely by the recent recalls the company has issued to fix quality and safety issues. Now the carmaker is considering plans to issue longer warranties and large incentives in order to entice buyers, according to Bloomberg. Toyota may offer a 10-year warranty similar to […]
Read Full Post »
Things can’t get much worse for Toyota. The latest in a long line of problems with the once reliable brand’s cars may be a steering problem caused by the computer on 2009 and 2010 Corollas. According to USA Today, Corolla owners are complaining that their cars suddenly become hard to control at high speeds, pulling […]
Read Full Post »
Toyota vehicles, even those not affected by the unintended acceleration problem, will likely lose some of their famously high resale value thanks to Toyota’s recent quality problems. According to USA Today, both Kelley Blue Book and ALG agree that Toyota vehicles will depreciate four to five percent more thanks to the unintended acceleration recall. Toyota […]
Read Full Post »
Toyota has announced that it will reveal its newest car, a subcompact hybrid, on Jan. 11, the first day of the North American International Auto Show in Detroit. The Toyota subcompact hybrid’s name has not been announced yet, but Toyota has expressed interest in using the Prius name for a line of cars rather than […]
Read Full Post »
December car buyers will see low car loan interest rates and more leasing incentives, as dealerships try to clear out remaining 2009 models. There are a lot of good incentives on 2010 models as well. Honda – Honda is offering auto loans with interest rates as low as 0.9% in December during its Happy Honda […]
Read Full Post »
In November, buyers can take advantage of an increase in leasing incentives from the foreign automakers. Most of the lease specials are on the new 2010 models. Manufacturers are also offering big savings on 2009 models, as they try to clear them off dealers’ lots. Honda – Honda is offering only one auto loan incentive […]
Read Full Post »
Toyota has been busy this year. First, the affordable FT-86 was revealed, and now the anything-but-affordable Lexus LF-A supercar has been unveiled. Apparently Toyota has been listening to all the complaints that its lineup is made up of transportation appliances rather than passionate cars. The gorgeous Lexus LF-A is anything but an appliance, even though […]
Read Full Post »