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Toyota Prius Stained with Brake Problems Too
Toyota Motor Corp. spokeswoman Ririko Takeuchi said Thursday that Toyota discovered there were design problems with the antilock brake system and corrected them for Prius models sold since late January, including those being shipped overseas, The Associated Press reports.
According MarketWatch, Toyota Motor Corp. said Thursday it was aware of concerns about the safety of its Prius hybrid and that it has modified the braking system to address the issue, according to reports.
The statement was made by quality general manager, Hiroyuki Yokoyama, following the release of Toyota's fiscal third-quarter earnings, which showed an above-forecast return to profit against the year earlier period.
Dow Jones Newswires cited the executive as saying Toyota first heard about complaints involving Prius brakes from dealers last autumn. He said the braking system was revamped in January and denied the company had tried to cover up the problem, according to the Dow Jones report.
Japanese stocks fell, led by record- high trading in Toyota Motor Corp. as the world’s biggest carmaker faces its worst recall crisis.
Toyota, Japan’s largest company by market value, lost 3.5 percent with 56.5 million shares changing hands, five times the daily average of the past year. After the market closed, the company raised its profit forecast. Honda Motor Co., Toyota’s nearest domestic rival, rose 2.6 percent after boosting its forecast. Mitsubishi UFJ Financial Group Inc., Japan’s largest listed bank, sank 2.7 percent after saying bad-debt charges rose, Bloomberg reports.
2010 Toyota Prius Best Hibrid Car
2010 Toyota Prius Hibrid Car Show
2010 Toyota Prius Best Hibrid Car
2010 Toyota Prius Concept
Ford Mustang Convertible Cars
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Ford Mustang Convertible Pics
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Alfa Romeo Pininfarina Spider Concept
A 2-seater spider on Alfa Romeo basis, which will be unveiled on March 2nd at the Pininfarina stand, thus starting the celebrations for the 80th anniversary
Pininfarina discloses the first official image of its new concept car, world debut on March 2nd at the Geneva Motor Show.
2011 BMW M3 Competition
The M3 Coupe, Sedan, and Convertible models become 2011 models this spring . BMW ups the ante on the M3 Coupe and Sedan by offering a new "Competition Package" for MY2011. The package further enhances the highly responsive chassis by installing a 10mm lower suspension and 19" wheels with greater offset for a wider track. Combined with remapped Electronic Damping Control and Dynamic Stability Control systems, the M3 with Competition Package is the best handling production M car ever built.
The MSRP of MY2011 M3 Sedan, Coupe, and Convertible remain unchanged at $56,275, $59,275, and $67,925, respectively. All prices include $875 Destination & Handling. The Competition Package is available on the Coupe and Sedan models for $2,500.
BMW Sauber unveil C29
The BMW Sauber team unveiled their new C29 chassis at Valencia on Sunday ahead of Formula One's first pre-season test.
Having taken back control of the team following BMW's withdrawal and yet, for now, retaining the German manufacturer's name, founder Peter Sauber was on hand as the Ferrari-powered car was launched.
"The last few months have been very intense for us," said Sauber. "First we had to battle to secure the survival of the team and then we focused on putting a strong set-up in place for the future.
"The technical preparation of the 2010 car has continued uninterrupted and according to plan since the spring of 2009, despite all the turmoil."
Owing to the ban on refuelling, the new car features a bigger fuel tank than before and also incorporates a 'double-decker' diffuser, which is set to become standard for F1 cars this season.
Like McLaren's new MP4-25, it sports a dorsal fin engine cover and is liveried in white and dark blue - albeit without major sponsor logos.
Chevy Volt to hit the roads
The Chevy Volt on display at the Washington Auto Show. Chevy says it is gearing up to begin production this spring with mass production by November.
The company began manufacturing battery packs to go into the cars in recent weeks. The rest of the manufacturing supply chain is coming together so the factory will start assembling cars within a few months, he said. It will begin slowly, making preproduction models that will be evaluated for their quality and provided as test models for journalists and fleet customers through the Summer and Fall.
The company began manufacturing battery packs to go into the cars in recent weeks. The rest of the manufacturing supply chain is coming together so the factory will start assembling cars within a few months, he said. It will begin slowly, making preproduction models that will be evaluated for their quality and provided as test models for journalists and fleet customers through the Summer and Fall.
By November, GM will be ready to switch to high gear and begin mass production of cars for retail sale to regular consumers. Those early cars will be offered only in limited markets which the company feels are prepared to support the special requirements of an electric car, Posawatz said.
So far, California, Michigan and the Washington D.C., area are the only announced markets where the car will be sold, but Volt sales will open up to the rest of the country next year.
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