Word: lexus
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...what would be the first of many defect investigations regarding speed-control problems, all of which would lead to the current furor (partially about Toyota and the NHTSA's neglecting to pay attention to the abnormal number of investigations). The first three investigations primarily involve the Camry, Solara and Lexus ES models. The initial case is opened after an owner petitions the NHTSA in February to look into speed-control issues; it is closed when the NHTSA fails to find a "defect trend...
...owners, hundreds of people report problems with acceleration and braking, but the NHTSA determines that their concerns are of "ambiguous significance" given the variety of defects described. Based on this sense of inconclusiveness, the administration denies Ziprin's petition for further investigate into the 19 Camry and Lexus models that are potentially involved. (See the top 10 product recalls...
...take a second look at American brands such as Ford and Chevrolet and could also boost Korean nameplates such as Hyundai and Kia, which have lineups that closely match Toyota's. Even European luxury makers such as Mercedes-Benz and BMW, which have been eclipsed by Toyota's Lexus brand, could benefit, he says...
Inaba said Toyota plans to launch 10 new products this year, beginning with a redesigned 2011 Sienna minivan and later with the official launch of a $375,000 Lexus supercar, the carbon-fiber LFA. Also, the Toyota Scion will expand its product line...
...producers of Avatar will have to earn their return the new-fashioned way: by showing it in a fancy format and charging more for it. Moviegoers certainly paid Lexus prices to see the Cameron vehicle this weekend. A ticket for one adult at an IMAX 3-D performance of Avatar at Manhattan's Lincoln Square 13 costs $18.50 (plus $2 if you order through Fandango). Yet, even with higher admission fees, Avatar took in only half of what New Moon, the second episode in The Twilight Saga, did a month ago in its first weekend. Indeed, New Moon earned...