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$15.6M Verdict Stands in Case Against Toyota Dealers

2015-06-18 09:04:20| Automakers - Topix.net

In declining to hear argument in a personal injury case against Toyota dealerships, the state Supreme Court has allowed a $15.6 million verdict against the car company to stand. The justices denied allocatur in Lewis v.

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Toyota expands Takata U.S. air bag recalls by 1.37 million vehicles

2015-06-16 20:30:23| Automakers - Topix.net

Toyota Motor Corp said on Tuesday it will increase the number of U.S. recalls involving potentially deadly front passenger-side air bags made by Japan's Takata Corp by almost 1.37 million vehicles. The expansion pushes the total number of Toyota vehicles covered by Takata recalls in the United States to more than 2.9 million.

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Judge Denies Toyota New Trial in Fatal Minnesota Crash

2015-06-16 02:23:52| Automakers - Topix.net

A federal judge has denied a new trial for Toyota Motor Corp. in a lawsuit resulting from a fatal crash in Minnesota . U.S. District Judge Ann Montgomery ruled Monday the jury reached a reasonable conclusion that an accelerator defect was the key factor in the 2006 crash.

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More foreign pension funds oppose Toyota 'Model AA' shares

2015-06-15 16:54:53| Automakers - Topix.net

Three foreign funds on Monday said they would oppose Toyota Motor Corp's proposal to issue a new class of shares, joining an influential California pension fund in objecting to a sale that critics say favors Japanese retail investors. People walk under a logo of Toyota Motor Corp at the company's showroom in Tokyo, Japan, May 8, 2015.

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Toyota kicks off construction on $126 million expansion

2015-06-11 17:00:54| Automakers - Topix.net

Toyota Motor Corp. is kicking off construction on a $126 million expansion to its Ann Arbor-area research and development operations. The Japanese automaker announced in December that it planned the investment in expanding its powertrain operations in Washtenaw County's Ann Arbor Township and consolidating vehicle development operations at a new facility in nearby York Township.

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