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Toyota (NYS: TM) has agreed to pay $1.1 billion in reimbursements, compensation, and other costs to settle a class action lawsuit, the company said in a press release. The case, which is being ...
Citing a lack of an "actual defect" in its vehicles, Toyota asked a federal court Tuesday to dismiss lawsuits seeking damages for economic losses caused by the company's recall of millions of cars ...
The lawsuits, along with hundreds of others, were filed in the wake of Toyota's recall of about 8 million Toyota and Lexus vehicles in the U.S. to make repairs to prevent unintended acceleration ...
On October 21, 2010, Toyota announced a recall of 1.53 million vehicles (740,000 in the U.S., 599,000 in Japan, and 191,000 in Europe and other markets) worldwide; the recall affected MY 2005 and 2006 Avalon, MY 2004 to 2006 Highlander (non-hybrid) and Lexus RX330 and MY 2006 Lexus GS300, IS250 and IS350; the models affected in Japan and ...
Toyota Crown Sedan Super Deluxe Mild Hybrid. In June 2001, Toyota introduced a BAS hybrid system under the Toyota Hybrid System-Mild (THS-M) brand name. [1] It operates similarly to other mild hybrids with a start-stop system, in that it shuts down the engine as the vehicle comes to a stop and instantly restarts it when the brake pedal is released.
By the end of 2006 there were about 15 hybrid vehicles from various car makers available in the U.S. [1] By May 2007 Toyota sold its first million hybrids and had sold a total of two million hybrids at the end of August 2009. [2]