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Toyota crisis shakes hometown, and Japan Inc. too

4 hours ago ago from Ramon J. Thomas Blog

As a driver of a Toyata car this news is sad indeed By Kimiko de Freytas-Tamura (AFP) There is a saying in Toyota's hometown that when the auto giant sneezes, the whole city falls ill. But the symptoms of its recall crisis look set to be felt far beyond Japan's Detroit . No flashy signs or advertisements are necessary to remind visitors to the company town in central Japan that it is the birthplace of the world's largest carmaker. ...

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Toy Oh Dear

3 hours ago ago from The Anonymous Widower

Toyota has a few problems. Not only do accelerators stick on some models, but now the Prius has a brake problem . These may be serious and they are probably hurting Toyota's image and the company will suffer for years to come. The problems are very different.  The accelerator is a mechanical design fault and the brake is a software one. But if you have the first, hear is excellent advice from the BBC .

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Recall Alert: 2010 Toyota Camry

20 hours ago ago from Automotive News & Reviews, Cars & Prices, Test Drives, Crashes

Marking the Japanese automaker’s third recall in the first two months of 2010, Toyota has issued a recall for 7,300 Camry vehicles from the 2010 model year, according to the company. This recall only affects Camrys with a four-cylinder engine. The problem is with a power-steering hose that may be in contact with a front brake tube, which could create a hole in the tube and allow brake fluid to leak. This could negatively impact the ...

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Is it safe to buy Toyota stock?

10 hours ago ago from 2010 Top Stocks Market, Best Stock Investment, Hot Stocks 2011

NEW YORK (CNNMoney.com) -- Toyota may finally have a fix for the sticking gas pedal problem that led to a massive recall of many of its popular vehicles. But it remains to be seen what the long-term damage to the business will be, and it's been a rough week and a half for Toyota investors: Shares of Toyota's U.S.-listed stock (TM) have fallen nearly 15% since the the problems were first revealed on Jan. 21. At the very ...

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12 Comments on And The Hits Keep Coming: 7,314 Camrys Recalled...

14 hours ago ago from New Car Reviews, Ratings & Pricing, Auto News for New Models

Reuters reports that Toyota has informed the NHTSA that it will voluntarily recall over 7,000 2010 Camry four-cylinder models. According to a Toyota document sent to dealers: 2010 Camrys equipped with a 4-cylinder engine might have a shorter-than-required power steering pressure hose in the engine compartment. That could deplete the brake fluid, increasing the brake pedal stroke and making it more difficult and requiring more time to ...

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Steve Parker: Toyota

21 hours ago ago from Huffington Post

Some random thoughts on the Toyota "situation"... Be careful what you wish for. Toyota aimed to be the biggest car-maker in the world, and since they achieved that goal through GM's bankruptcy, everything, it seems, has been going downhill for the pride of Toyota City (yep, that's where its Japanese HQ is located). Toyota will eventually fix the cars, make sure new ones don't have these problems and things, the company hopes, will get ...

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BBC News - Toyota fights back as problems escalate

13 hours ago ago from BBC

Analysis By Jorn Madslien Business reporter, BBC News Critics say Toyota's recall of Prius models with potentially faulty brakes and its efforts to reassure customers have come too late Toyota's difficulties are mounting. Having already lost most of its friends - both within the motor industry and outside, with no one coming out to defend it over its recall of cars with faulty accelerator or brake pedals - the ...

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At Toyota's Home Base, Townspeople Are Worried

36 minutes ago ago from TIME.com - World

SEARCH TIME.COM Full Archive Covers Videos At Toyota's Home Base, Townspeople Are Worried By Michael Schuman / Toyota City Wednesday, Feb. 10, 2010 Toyota City, Japan Kimimasa Mayama / Bloomberg / Getty Share For bespectacled Sirou Hirayama, times have never been so bad. He and his wife Kiyomi, standing behind the counter at the Toyomi Pharmacy ...

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In Tokyo, Embattled Toyota Chief Faces a Nation

36 minutes ago ago from TIME.com - World

SEARCH TIME.COM Full Archive Covers Videos In Tokyo, Embattled Toyota Chief Faces a Nation By Shintaro Kano / Tokyo Wednesday, Feb. 10, 2010 Toyota President Akio Toyoda surrounded by reporters after a meeting at the Transport Ministry in Tokyo on Feb. 9, 2010 Toru Hanai / Reuters Share Asked to comment in English during an "emergency" press ...

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James Meigs: Target Toyota: Why The Recall Backlash Is Overblown

9 hours ago ago from Huffington Post

To judge by press accounts and statements from government officials, those innocuous looking Toyota sedans and SUVs in millions of American driveways are somehow kin to the homicidal '58 Plymouth Fury in the Stephen King novel "Christine"--haunted by technological poltergeists and prone to fits of mechanical mayhem. In the midst of three major recalls, Toyota has been hammered by daily newspaper and TV pieces suggesting it has been slow to ...

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