SAFETY

Toyota to extend sales incentives

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Toyota Motor Corp will extend U.S. sales incentives in April as it recovers from a two-month sales dip linked to recalls and suspended sales.

GM March sales jump, industry seen up sharply

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General Motors posted a 43 percent jump in U.S. sales for March from a year earlier in its continuing brands, the first of expected sharp gains by automakers driven by incentives and better weather.
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Euro zone backs Greek safety net with IMF role

Euro zone leaders agreed on a joint European-IMF financial safety net for debt-stricken Greece on Thursday after weeks of wrangling, hoping to restore confidence in their common currency.
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Euro zone to back Greek safety net with IMF role

The leaders of Germany and France clinched a deal on a joint European-IMF financial safety net for debt-stricken Greece at a EU summit on Thursday, in an effort to restore confidence in the euro.
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EU leaders inch towards safety net for Greece

EU leaders edged toward consensus on a financial safety net for Greece on strict German conditions ahead of a key summit Thursday after the European Central Bank threw Athens a major reprieve on funding rules.
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Canadian MPs accuse Toyota of sitting on info

Canadian lawmakers accused Toyota Motor Corp executives on Tuesday of waiting too long to inform the government of problems with faulty accelerators in some of the company's vehicles.
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Japan carmakers studying brake override system

Japanese carmakers are considering following Toyota Motor's lead in adopting a brake override system that would potentially address all sources of unintended acceleration, including driver error.
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Greece piles on austerity, seeks EU safety net

Greece targeted civil servants, the rich and the church on Wednesday in a sweeping new 4.8 billion euro ($6.5 billion) austerity program designed to secure European help to tackle its crippling debt burden.
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Brakes seen key fix; Toyota confronted with memo

Support grew for changes to vehicle braking systems, as a congressional hearing into unintended acceleration confronted Toyota Motor Corp executives with a 2006 internal document warning of quality problems.
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U.S. Feb auto sales tepid

U.S. auto sales stalled in February as a safety crisis sent Toyota Motor Corp reeling, allowing Ford Motor Co to leap into the industry's top spot for the first time since 1998.
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U.S. auto sales weak

U.S. auto sales stalled in February as a safety crisis sent Toyota Motor Corp reeling and cleared the way for Ford Motor Co to take the industry's top spot by sales for the first time since 1998.
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FCC: National Broadband includes public safety plans

As the Federal Communications Commission prepares to present its National Broadband Plan to Congress March 17, the agency released details of its plans, including a promise to find 500MHz of spectrum for wireless broadband and a request for Congress to cough up $16 billion.
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US failed on Toyota safety, fixes needed: senator

Toyota Motor Corp let profits trump decision-making on safety and U.S. regulators failed to aggressively oversee the automaker in the years leading up to recent big recalls, a leading U.S. senator said on Tuesday.
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Toyota quality changes to focus sharply on safety

Toyota Motor Corp executives in North America will have more authority over recall decision-making under quality control changes that will also give safety a sharper focus in vehicle design, company officials said on Tuesday.
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Toyota to announce March incentives in U.S.

Toyota Motor Corp will roll out an aggressive incentive program for U.S. consumers in March, including zero-percent financing for five years and two-year free maintenance, a source briefed on the matter said on Monday.
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Toyoda meets with LaHood, thanks workers at plant

Toyota Motor Corp President Akio Toyoda had a cordial and open meeting on Thursday with Transportation Secretary Ray LaHood before thanking workers in Kentucky for supporting him during his appearance before Congress.

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