NEW YORK (CNNMoney.com) — A Toyota executive boasted of the company saving $100 million by negotiating a limited recall for Toyota Camry and Lexus ES cars over a problem that could cause unintended acceleration. In an internal Toyota (TM) document used as part of a company presentation on its government relations, dated July 6, 2009, […]
(CNN) — A preliminary report from a consulting firm hired to analyze Toyota and Lexus vehicles linked to unintended acceleration failed to find any problem with the carmaker’s electronic throttle controls, Toyota announced Saturday. Toyota said it had retained Exponent, an independent engineering and scientific consulting firm, to conduct the analysis of its vehicles that […]
Several Houston-area Toyota dealers said Wednesday they've received a relatively small number of the new parts for the gas pedal recall and are waiting for bigger batches by week's end.
Toyota is "finalizing a program" to replace recalled gas pedals, a spokesman told CNNMoney on Saturday. The program could be in place as early as next week.
Move comes after carmaker suspends American sales of eight models..
