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Toyota, Automotive News
#15976 of 16273 Re: Recall [mcdawgg]
by steve_ HOST
Nov 14, 2012 (6:47 am)
You want to recall Consumer Reports?
In other news, Toyota Motor Corp. agreed to pay $25.5 million to settle claims from shareholders who said they were harmed by the Japanese automaker's recall for unintended acceleration of millions of vehicles in 2009-10.
Toyota agreed in 2010 to pay nearly $50 million in fines to the U.S. government for failing to recall millions of vehicles in a timely fashion in three separate recall campaigns.
The proposed settlement to shareholders is a fraction of Toyota's worldwide profits. Last week, Toyota reported quarterly profits of $3.2 billion."
Toyota to pay $25.5 million to settle shareholder suits (Detroit News)
Nov 14, 2012 (7:22 am)
They won't. Remember CR is a conspiracy against domestic makes.
#15978 of 16273 Re: Recall [mcdawgg]
Nov 14, 2012 (9:16 am)
They said you may notice it if you make a sharp turn at low speeds in a Prius.
Unfortunately, no one in a Prius has ever made a sharp turn. Toyota really had no way of knowing this problem existed since 2004.
That's a global number, looks like 670k units are in the USA.
#15979 of 16273 Re: Recall [steve_]
Nov 14, 2012 (9:18 am)
That is soooo lame. So the rich recover whatever money the lawyers don't take.
Judge Dale S. Fischer ... must still decide how much of the settlement to award the lawyers in attorneys fees.
Probably $25.499 million.
#15980 of 16273 Re: Recall [ateixeira]
Nov 14, 2012 (9:19 am)
Maybe some sportscar owner got a Prius as a loaner?
#15981 of 16273 Re: Recall [lemko]
Nov 14, 2012 (9:23 am)
That's the only way they'd ever find out.
#15985 of 16273 Re: Most reliable, but not cheap to fix [ateixeira]
Nov 20, 2012 (10:03 am)
Very interesting. BMW #1 in repair costs, Toyota #2, and Honda #3. Good thing Toyota and Honda are reliable. I don't entirely agree with the methodology of the survey, but it does give more ammunition to the results of other sources of reliability data (Consumer Reports, JD Power, True Delta) that say Toyota is the most reliable of all the manufacturers. One things for sure - never go to a Honda or Toyota dealer for repair or maintenance if you have a good independant.