Monthly Archives: September 2013

Toyota again recalling 880,584 RAV4 and Lexus vehicles

Toyota again recalling 880,584 RAV4 and Lexus vehicles

Toyota is recalling 880,584 RAV4 SUVs and Lexus HS 250h sedans in the U.S. and Canada because a repair announced last year may not have solved a safety problem.

Service contracts become more popular as cars age

Service contracts become more popular as cars age

In the aftermath of the Great Recession, American motorists are hanging onto their cars longer – and with the rising cost of repairs to keep those vehicles on the road, the Service Contract Industry Council (SCIC) says there’s never been more reason to get a service contract and dramatically reduce repair costs.

Japanese supplier exec indicted in U.S. in latest price-fixing case

Japanese supplier exec indicted in U.S. in latest price-fixing case

A Japanese auto supplier executive was charged today in federal court with price fixing and bid rigging for speed-sensor wire assemblies his company sold to Toyota for vehicles made in the United States and elsewhere.

going green? Porsche 918 hybrid beats Toyota Prius

going green? Porsche 918 hybrid beats Toyota Prius

Porsche’s 918 Spyder hybrid, shown at the Frankfurt show, uses less fuel than the basic Toyota Prius hybrid.

Volkswagen CEO Martin Winterkorn says Europe should close 10 factories

Volkswagen CEO Martin Winterkorn says Europe should close 10 factories

Volkswagen CEO Martin Winterkorn said the European auto industry needs to close around 10 factories to reduce overcapacity caused by the region’s slumping market.