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Tag: Automotive Industry


Toyota to Pay $1.2 Billion for Deadly Defect Cover-Up

Toyota Motor Corp. will pay $1.2 billion to settle U.S. criminal charges that it lied to safety regulators and the public as it tried to cover up deadly accelerator defects.

Posted on Mar 19, 2014 READ MORE



Flickr / Brian Cantoni (CC-BY)

Ungrateful ‘Government Motors’ Ready to Go Public Again

GM’s outgoing CEO likes to complain about the government’s 61 percent stake in the reborn company, but thanks to all that Washington meddling, GM has gone from losing $88 billion over four years to making a couple of billion in six months.

Posted on Aug 18, 2010 READ MORE


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