Safety regulators are coming under scrutiny for failing to spot issues with Toyota vehicles before the company needed to implement a massive recall. But not everyone was asleep at the wheel. Bill Radke delves deeper with Marketplace's Brett Neely.
Law enforcement agencies faced with shrinking budgets have been forced to keep their aging cruisers on the road. And that's meant a lot of cash-strapped repairs and slow-moving Crown Victorias. Gigi Douban reports.
Toyota says it's recalling more than 400,000 Priuses, and it's recalled a lot of other cars for sudden acceleration, thanks largely to the commonization of several parts. Alisa Roth explains what that means.
At a press conference in Nagoya, Japan, Toyota President Akio Toyoda apologized for the severe recall and issues related to the company's cars. Steve Chiotakis reviews his statements with Marketplace's Amy Scott.
The once-strong resale value of Toyota cars is being challenged by the automaker's string of recent brake and gas pedal problems. Will dealers be able to lure customers with the incentive of a brand trade-in? Alisa Roth reports.
As Toyota's problems continue, dealers are stuck with inventory hanging around and having to fix customers' cars. Brett Neely reports on how the automaker's issues are affecting one dealership.
Toyota will re-start auto production on Monday, with workers installing a redesigned gas pedal to fix the problem that started the recall. But the car maker is used to quick jumpstarts of its assembly line. Alisa Roth reports.
Between repairs and lost sales, Toyota is estimating a total loss of about $2 billion from the gas pedal recall — an especially bitter pill following news of a highly profitable quarter. Steve Chiotakis talks to Marketplace's Amy Scott.
It's turning into another rough week for Toyota. Reporter Alisa Roth talks with Kai Ryssdal about how much the carmaker's problems will cost and whether people will still be willing to buy its cars.