Marketplace®

Daily business news and economic stories
  • Toyota's Prius has been going through some troubles lately. But commentator Marc Jaffe thinks having a whole new image for the brand may not be as bad as it seems.

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  • Some analysts say it's about time Toyota got control of reports on its cars' acceleration problems and started reassuring customers. But, as Alisa Roth reports, that can be a tricky balance.

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  • Does the recent attention to Toyota's vehicular troubles reflect a wider breakdown of automotive safety? Bob Moon explores the battle for safer cars — and a better budget for the National Highway Traffic Safety Administration.

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  • Toyota held a press conference to rebut an ABC News story that allegedly shows how miswiring vehicles can cause unintended acceleration. Steve Chiotakis gets more technical details from Marketplace's Alisa Roth.

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  • Toyota wants to close a car-making plant in Fremont, Calif., which would put 5,000 people out of work and could indirectly cost 20,000 more jobs in the process. State officials are trying hard to fight the move. Jeff Tyler reports.

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  • Toyota helped usher in a global quality revolution in the mid-1970s. But when the brakes slipped on its cars, consumers were betrayed. Commentator David Frum says they weren't the only ones.

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  • Akio Toyoda, head of Toyota, took full responsibility for the automaker's safety problems and suggested his company got its priorities confused. Bob Moon reviews what he said at a House committee hearing.

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  • Toyota's president will be apologizing to Capitol Hill for his company's part in producing faulty cars. But the hearing will also focus on the National Highway Traffic Safety Administration's role in the recall. Gregory Warner reports.

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  • Recently released documents show Toyota bragging about how much it saved when its floor mat problem was classified as an equipment recall. Some say the beleaguered carmaker is trying to downplay the issue. Alisa Roth reports it's just business as usual.

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  • Toyota President Akio Toyoda heads to a congressional hearing this week to testify on company recalls and other PR issues that have surfaced. Alisa Roth explores the proper way to prepare for the hot seat.

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