Toyota’s sterling image has been tarnished of late as “cracks in its armor” have been identified by Consumer Reports, it long time ally. Toyota’s boss, Akio Toyoda, has admitted that the company “grew too much too fast” which explains why the automaker lost billions during the last fiscal year. Immediate Recall Launched Now Toyota is [...]
A move being pushed by states comprising America’s breadbasket has the auto industry up in arms, as new ethanol limits are being considered. Right now, straight gasoline can include as much as ten percent ethanol in it, but a movement to push that limit up to twelve or fifteen percent is underway. Farmers, Automakers Take [...]
After seeing records sales in August, car manufacturers are expecting that they’ll pay for it in September when sales figures are announced this Thursday. The Car Allowance Rebate System or “Cash For Clunkers” program did a stellar job in helping most car makers report a sales increase last month but analysts, including Edmunds, are warning [...]