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Auto NewsToyota Financial credit rating lowered by Standard & Poor’s
Guess that Toyota recall will continue to hurt for a while
Toyota is a brand that has been synonymous with quality over the years. While they remain a high-quality automaker, the recent Toyota recall (including the little Prius braking problem) have but a bit of a damper on their financial [...] -
Auto NewsToyota Prius recall in effect due to braking problems
Toyota and other Japanese automakers appeared to have their act together when compared with their American counterparts. However, the recent Toyota recall has shown that trouble translates just fine into Japanese auto speak. Over five million cars were pulled from sales floors worldwide due to small accelerator pedal issues that could cause sudden acceleration.
Now, Toyota [...]