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Toyota proposing $1.1 billion unintended acceleration settlement in US

Toyota are setting aside an additional $1.1 billion to settle claims in the US of unintended acceleration in their cars. In the ongoing saga of unintended acceleration in the US caused by floor mats, Toyota has revealed it is to set aside an additional $1.1 billion to settle claims and fit new equipment to cars affected by the floor mat problem. Toyota are going to install a brake override system in 3.25 million vehicles, set aside $250 million to compensate owners who have already sold their cars, another $250 million for affected owners whose cars can’t get the brake override system, throw in a care plan  for parts related to unintended acceleration and throw $30 million at research in to car safety.

Tesla at the London motor show 2008

Tesla Roadster is at the London motor show, but not on a Tesla stand. Wander over to the Greener Driving Pavilion to see the electric sports car By Tim Pollard Motor Shows 24 July 2008 16:32 Green sports car maker Tesla made a guest appearance at the London motor show 2008 with one of its electric Elises in the Greener Driving Pavilion. What's new on Tesla's London motor show stand?

GM slashes production, 13 plants to get extended shutdowns

General Motors, battling a 49 percent decline in U.S. sales through March, plans extended shutdowns at most of its U.S. plants this summer.