Toyota maintains that the fixes being made to correct unintended acceleration in millions of recalled vehicles are sufficient.
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None of the three leaders of the rejected-dealers group that successfully lobbied Congress for a new arbitration law got a reinstatement phone call from General Motors Co.
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General Motors Co. has contacted all 661 of the rejected dealerships that the company intends to reinstate, fulfilling a pledge made last week.
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A battle is raging for the tens of thousands of customers Toyota has lost since its recall crisis erupted six weeks ago -- "a dogfight," says one analyst who sees Toyota losing market share over the long term.
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Toyota Motor Corp.'s president said he believes that sales in North America could recover in March after a sharp decline last month when the automaker suspended sales of some recalled models.
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Audi expects to finish off the first three months of the year with robust sales following a good performance in February. Sales rose to around 75,900 vehicles last month, which was a gain of 19.
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Daimler AG is selling its entire stake in India's Tata Motors Ltd. to raise up to $429 million, sources familiar with the matter said today. Daimler is offering 25.6 million shares in India's largest vehicle maker at 737.4 rupees ($16.2) to 761.
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Japanese Prime Minister Yukio Hatoyama said after meeting the head of Toyota Motor Corp. today he wanted the company to work to improve the trust that people have in it.
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The image seemed jarring: On a February broadcast of ABC's "Modern Family," members of the cast chatted happily while traveling in, of all things, a Toyota.
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Ikuo Maeda, the new design chief at Mazda Motor Corp., earned the nickname "Speedy" for his lead-footed driving on the race course and off. He may be the only standing auto executive to have had his license revoked -- twice.
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