Japan Stocks: Gree, Mazda, Nomura, Panasonic, Shippers, Toyota

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Hitachi Chemical, Mazda, Nomura, Panasonic, Toyota : Japan

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Judge Hands Toyota Owners Setback in U.S. Lawsuit Over Losses

A federal judge said Toyota owners outside California who seek to recover losses in their vehicles’ value resulting from unintended acceleration cannot pursue their claims under that state’s laws. Wednesday’s ruling by U.S. District Judge James Selna is a setback … View full post on Insurance JournalNews from Insurance Journal

Toyota Still Has Internal Problems to Fix, Says Commission

Toyota Motor Corp. has a way to go to fix crisis decision-making and other shortcomings in its corporate culture that played a key role in last year’s safety debacle, a report by an advisory panel commissioned by the automaker said … View full post on Insurance JournalNews from Insurance Journal

U.S. Probe: Toyota Throttles Not Cause of Acceleration Accidents

A U.S. government investigation showed no link between electronic throttles and unintended acceleration in Toyota Motor Corp. vehicles, a victory for the world’s top automaker battered by recalls over runaway vehicles. The encouraging result for Toyota stems from a 10-month … View full post on Insurance JournalNews from Insurance Journal

Toyota Recalls 1.7 Million Vehicles as Quality Woes Mount

Toyota Motor Corp said it would recall more than 1.7 million vehicles worldwide, bringing its total for recalls to nearly 16 million since late 2009 and dealing a blow to its efforts to restore its reputation for quality. Although the … View full post on Insurance JournalNews from Insurance Journal

Toyota to Open Safety Research Center in Michigan

Toyota Motor Corp. has announced it is launching a safety research center in Michigan that will focus on finding ways to reduce driver distraction. Toyota said the center will be based in Ann … View full post on Insurance Journal

Whistleblower Claims Against Toyota By Former Employee Dismissed

Toyota Motor Corp. won a victory against a former company lawyer turned whistleblower as an arbitrator dismissed several claims and awarded the company damages, according to a statement from the … View full post on Insurance Journal

7 Insurers Bring Subrogation Suit Against Toyota for Acceleration Claims

Seven automobile insurance firms have followed Allstate Insurance Co. in suing Toyota Motor Corp. to recover money they paid in claims for car crashes blamed on unintended acceleration of Toyota … View full post on Insurance Journal

Allstate Sues Toyota Over $3 Million in Accident Claims from Acceleration Flaw

Allstate Insurance Co. has sued Toyota Motor Corp., seeking to recover more than $3 million the insurer and affiliates paid in claims for accidents linked to unintended acceleration in Toyota … View full post on Insurance Journal

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