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Latest news
                                                                                                  Toyota recalls could cost $5 billion  •  Iranian carmaker Khodro boosts output  •  Opel unions reject plant rescue plan  •  Brazil oerders Fiat recall after deaths  •  Toyota disputes recent claims of critics  •  BYD hunts for office, plant in Los Angeles  •  Toyota workers raised concerns in '06  •                                                                                   
Latest news
Toyota recalls could cost $5 billion  
Carmagazine.com
The financial impact on Toyota from its global recall could total more than $5 billion, due to increased incentive campaigns, litigation costs and marketing efforts by the embattled car maker, analysts say.

Iranian carmaker Khodro boosts output  
Carmagazine.com
Iran Khodro, the Middle East's biggest car maker, said on Sunday it was breaking its own production record in the 2009/2010 year but it expressed concern about plans to cut high tariffs on imported vehicles.

Opel unions reject plant rescue plan  
Carmagazine.com
Belgian union leaders rejected a plan from General Motor's European arm Opel to rescue a plant in Antwerp, Belgium, arguing the proposal would result in too many job cuts.

Brazil oerders Fiat recall after deaths  
Carmagazine.com
Brazil's Justice Ministry has fined Fiat $1.7 million, citing the automaker's failure to recall its Stilo models to fix a wheel problem that has possibly caused eight deaths in the South American country.

Toyota disputes recent claims of critics  
Carmagazine.com
Toyota, dealing with millions of recalls and claims that it has not yet fixed its safety problems, took a bold step Monday to silence critics who blame faulty electronics for runaway cars and trucks.

BYD hunts for office, plant in Los Angeles  
Carmagazine.com
Chinese EV maker BYD is looking to open its U.S. headquarters and an auto assembly plant in Los Angeles County, according to sources familiar with the matter.

Toyota workers raised concerns in '06  
Carmagazine.com
Tadao Wakatsuki is a veteran assembly line worker at Toyota who formed the union and one of six workers to craft a memo in 2006 telling senior management of their safety concerns. He said their warnings were ignored.

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