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Toyota paid $10 million to settle unintended acceleration lawsuit
Fri, 24 Dec 2010Toyota Motor Corp. agreed to pay $10 million to settle a lawsuit with the families of four people who were killed in an accident that led to the automaker’s recall of millions of vehicles over unintended acceleration concerns. The settlement was reached in September, but the amount was not made public at the time after both Toyota and the plaintiffs agreed to keep the deal confidential.
Volvo C30, Ford Focus fare well in insurance-group crash tests
Tue, 21 Jul 2009Four two-door cars received the highest safety rating in frontal crashes and two received that rating for side collisions in recent testing by the Insurance Institute for Highway Safety. The institute gave its "good" rating in side crashes to the Volvo C30 and two-door Ford Focus. Those vehicles, along with the two-door Honda Civic and Chevrolet Cobalt, also received "good" ratings for frontal collisions, the non-profit group funded by auto insurers said.
UK car manufacturing to hit record high by 2015
Tue, 12 Jun 2012Britain is on track to hit a new all-time car manufacturing high by the end of 2015. The Society of Motor Manufacturers and Traders forecasts that car production is set to top 2 million a year in three years' time. That's enough to eclipse the 1.92m record set forty years ago in 1972.