According to a Business Week article today, it is estimated that the cost of the recalls are expected to exceed $2 billion. How high the costs will go is really anyone’s guess. What goes into the estimate? 1) The cost of fixing the recalled cars 2) The cost of the actual recall–the sending of letters […]
Toyota Owners Angry, and Ready to Fight Read More »
Here we go again. On February 8, Toyota announced a voluntary recall of about 158,000 more cars in the United States, confined to three models: 2010 Toyota Prius, 2010 Lexus HS 250h, and 2010 Toyota Camry. Hybrid ABS The two hybrid models (Prius and Lexus) are being recalled to update software in the anti-lock brake
More Cars Added to Toyota's Recall…When Will the Nightmare End? Read More »
November 20, 2007 The News & Observer reported that a congressman is pushing for further legislation to revamp the agency in charge of regulating and enforcing toy safety after the recent slew of defective product recalls. A consumer group releases an annual report before the holiday season outlining potentially hazardous toys that could cause North
Congressman pushing legislation to help avoid defective product injuries Read More »