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0Report: Toyota shares rise on smaller-than-expected settlement news 1356649200
Following news that Toyota has proposed a massive settlement to address the owners of vehicles effected by the unintended acceleration recall, shares for the automaker are up 2.6 percent. Over the course of this year, Toyota's stock has jumped 51.7 percent. "My initiate reaction would be 'that's ...
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Breaking: Toyota proposes economic loss settlement worth up to $1.4 billion over unintended acceleration claims 1356581700
Toyota announced a proposal today worth over a billion dollars to settle civil claims of economic loss related to alleged cases of sudden unintended acceleration in its vehicles from 2009-2010. Estimates place the cost of the settlement between $1.1 billion and $1.4 billion, which would, ...
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Report: NHTSA upgrades Ford floor mat unintended acceleration probe 1355750820
According to a Bloomberg report, the National Highway Traffic Safety Administration has upgraded an investigation into complaints of unintended acceleration lodged against Ford vehicles. The investigation began in June of 2010 when just three complaints had been received and it only concerned the ...
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Official: Toyota introduces new technologies to curb unintended acceleration 1353365940
In recent years, Toyota vehicles have been involved in a number high-profile accidents blamed on "unintended acceleration." And whether the root cause of these incidents boils down to driver error or faulty mechanicals, Toyota is working to address the issue. One of two new systems in ...
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Report: Toyota to settle $25.5M US investor lawsuit over unintended acceleration fallout 1352919660
Toyota Motor Corp. has decided to settle a shareholder class action lawsuit for $25.5 million. The suit began in early 2010 after reports of accidents attributed to unintended acceleration cropped up. The class action accused Toyota of improperly disclosing "safety and quality issues" related to ...
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Official: Nissan reveals camera-guided pedal misapplication prevention technology [w/video] 1350342000
Nissan has created a new system to help reduce the likelihood of pedal misapplication. Called the Emergency Assist for Pedal Misapplication with Carpark Detection Function (catchy, huh?), the technology uses a version of the company's ingenious Around View monitor to detect if the vehicle is in a ...
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Video: Surveillance camera shows Mercedes driver parking fail 1349184660
It's happened to you or someone you know: You think your car is in Park and begin to exit your vehicle, and then it starts to roll. Now, most drivers catch themselves that moment, step on the brakes, throw the gearshift into Park and wait for their heart rate to come back down. This was not one ...
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Video: Police cams capture woman's 119-mph stuck accelerator run [w/video] 1346101020
Police car dashboard cameras have provided plenty of footage over the years of criminals attempting to evade police or horrific car accidents, but Lauri Ulvestad wasn't the former and some inspired – if not lucky – driving prevented the latter. Ulvestad, 47, of Ames, Iowa, experienced ...
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Report: Mercedes-Benz M-Class being recalled due to possible accelerator entrapment 1344893340
Floor mats impeding gas pedals are continuing to cause problems for automakers. This time its Mercedes-Benz. According to The Detroit News, the German automaker is recalling all-season accessory floor mats on 2012 and 2013 M-Class models for fear that the mat could entrap the ...
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Report: NHTSA head Strickland defends Toyota unintended acceleration probe 1343516160
National Highway Traffic Safety Administration Administrator David Strickland has released a letter defending the agency's handling of investigations into claims of unintended acceleration by Toyota owners. Republican Senator Charles Grassley has said questions remain about what caused unintended ...

