The carmaker hoped findings from two federal studies would put to rest speculation about its electronics system as a source for unintended acceleration. But the results may not prove enough to give Toyota a leg up in its ongoin…
The Japanese automaker’s bottom line is likely to have been hit by its many safety recalls, weaker U.S. sales and Japan’s rising currency. Analysts forecast Toyota will report a quarterly profit of about $1 billion on sales of …
Toyota’s recall troubles seem never-ending. Just a few months after the car company’s last recall, it has found defects involving the fueling systems of a variety of Lexus models. This won’t help the company’s beleaguered reput…
Last year’s massive recalls — and the resulting legal fallout — have given Toyota’s reputation a beating, cutting into its sales. But the company can’t blame all of its problems on the recalls. Analysts also point to another …
Automakers recalled more vehicles last year than in any of the last six years. And while Toyota Motors accounted for much of the growth, with problems including unintended acceleration and glitchy brakes, many other car manufac…