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Toyota was also forced to pay a total of $66.2 million in fines to the Department of Transportation for failing to handle recalls properly and $25.5 million to Toyota shareholders whose stock lost value due to recalls. Nearly 400 wrongful-death and personal injury cases were also privately settled by Toyota as a result of unintended acceleration.
The 2009–11 Toyota vehicle recalls involved three separate but related recalls of automobiles by the Japanese manufacturer Toyota Motor Corporation, which occurred at the end of 2009 and the start of 2010. Toyota initiated the recalls, the first two with the assistance of the U.S. National Highway Traffic Safety Administration (NHTSA), after ...
Toyota is recalling about 280,000 pickups and SUVs in the United States because the engine may not disengage entirely when in neutral. “Certain parts of the transmission may not immediately ...
The fire started before dawn on February 1, 1997, at Aisin Seiki Co.'s Factory No. 1 in Kariya, Japan. [1] The cause of the fire was reportedly unknown. [1]The factory produced brake fluid proportioning valves (P-valves) which help prevent skidding by controlling the pressure on rear brakes, and are used in the braking system of all Toyota vehicles.
Toyota has issued a "do not drive" advisory for approximately 50,000 older vehicles in the United States to urge drivers to stop driving the cars immediately and get their airbags repaired.The ...
When there is a sufficient amount of air flowing, the fuel is injected, and then the engine will be able to run by itself. The critical part is injecting the fuel. If the fuel is ignited before there is enough air flowing around the chamber, its temperature will increase dramatically and exceed the design limits of the combustion chamber and ...
In 1950, Toyota was split into Toyota Motor Co. and Toyota Motor Sales Co. (sales arm of Toyota); the two companies merged in 1982 to create one unified company, with then-Toyota Motor Co. President Eiji Toyoda becoming chairman. Chairmen listed prior to 1982 below were for the pre-merger Toyota Motor Co. only. [114] [115] Rizaburo Toyoda (1937 ...
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