Toyota Motor Corp. knew of the danger of stuck pedals and failed to install a brake-override system in the 2006 Camry of a woman who died in a crash, a lawyer told jurors in the first fatal sudden-acceleration case to go to trial.
Monthly Archives: August 2013
Automakers, analysts disagree on when Europe’s sales will finally rebound
Automakers and analysts disagree on when European passenger car sales will finally rebound from a six-year slump. Ford Motor Co. and Daimler see signs that the bottom will be reached this year.
“We’re not predicting any upturn yet, but there are certainly some good indications,” Ford of Europe CEO Stephen Odell said last month. “Our prediction would be that we’re at or close to the trough.”
unhealthy employees is Ford’s new cost target
In its push for more efficient auto factories, Ford Motor Co. is zeroing in a new manufacturing cost item: unhealthy Ford workers.
TransUnion confirms likelihood of timely car payments
A new study by credit bureau TransUnion confirms something lenders have believed but generally couldn’t prove: Customers who completely pay off their credit cards every month are more likely to pay off their other debts, too, including auto loans.
mixed ruling on Honeywell refrigerant from German officials
A new air conditioning refrigerant used in cars poses no material risk to occupants even if it is more dangerous than an older alternative now being phased out to meet environmental rules, German officials said in a closely watched report.
