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...damage done to Toyota by its recall of more than 5.3 million autos is accumulating: U.S. sales dropped 16% in January, and the company's stock surrendered $21 billion of value in a single week. The U.S. Department of Transportation (DOT) threatened the company with fines for being slow to react to the problems--a pair of faults that can cause sudden, dangerous acceleration--even though the DOT has been criticized for the same reason. Lawyers, who are never slow to react, are swarming. One class action alleges that jammed accelerators on Toyotas have caused 16 deaths and 243 injuries...
...NHTSA, part of the U.S. Department of Transportation (DOT), did Toyota no favors either. Although there have been some rumblings that the DOT was coming down too hard on the top competitor of the federally controlled General Motors - a.k.a. Government Motors - the agency actually fumbled no fewer than six separate inquiries into possible safety problems with Toyotas since 2003. In each case, the DOT ended the probes with little or no further action. That changed as the tragic evidence mounted. And when Transportation Secretary Ray LaHood blurted out advice to Toyota owners to avoid driving their cars - advice he hastily...
...week. The latest development is the automaker's admitting to design problems with the brakes in its prized Prius. The Department of Transportation is threatening the company with fines for being slow to react to the problems - a pair of faults that can cause sudden, dangerous acceleration - though the DOT itself is being criticized for the same reason. Lawyers, who are never slow to react, are swarming. One class action alleges that jammed accelerators in Toyotas have caused 16 deaths and 243 injuries. Customers who once wouldn't think about looking at another brand now have reason...
...could come loose and jam the gas pedal open. The second, of 2.3 million vehicles on Jan. 21, concerned a problem with the gas-pedal mechanism itself. Toyota told drivers to remove the floor mats; its fix for the sticky pedal requires a free 30-min. shop repair. The DOT has urged owners of the 11 recalled models to use caution and get to a dealer. Still unknown: whether an electronic problem is also a culprit in sudden acceleration. Toyota says...
...fell victim to the deadly waves, the memories of December 26, 2004 are not as easy to shrug off. There are still houses and buildings left untouched after the waves receded, standing like skeletal ghosts with long shadows amidst the newly constructed buildings. Small blue signs dot the coast, indicating where to run in case of a tsunami warning. Sri Lankan authorities recently tested a multi-million dollar early warning system along the beaches. In Sainathimaruthu, where villagers say at least 3500 died, a large red tower stands on the beach equipped with a public address system - a constant reminder...