John Crawley

Toyota to pay $32m fine in US safety probe

Toyota has agreed to pay the maximum fine of $32,4-million related to two US probes into its handling of a spate vehicle recalls.

Toyota casts doubt on ‘runaway’ Prius claim

Toyota said on Monday it had found no evidence to support the driver's account of a widely publicised "runaway" Prius incident in California.

Toyota memo raises stakes for chief’s US hearings

A document claiming Toyota saved $100m by convincing regulators to agree to a cheap fix for acceleration problems has raised pressure on Akio Toyoda.

Toyota says there’s no problem with electronic throttle

Toyota has told Congress that it does not believe there are any problems with electronic throttle control systems in its Toyota and Lexus models.

GM trundles toward bankruptcy

General Motors will file for bankruptcy on Monday, forcing the 100-year-old carmaker into a new and uncertain era of government ownership.

GM, Peugeot chiefs forced out as car industry woes deepen

The Obama administration seized the wheel of the failing United States car industry on Monday, forcing out General Motors's CEO.

M&G editor-in-chief Ferial Haffajee to move to City Press

<em>M&G</em>'s editor-in-chief Ferial Haffajee will be leaving the paper to take up the position of editor-in-chief of <em>City Press</em>.

Chrysler to idle plants as pressure builds for aid

Chrysler said on Wednesday that it would halt factory operations for at least a month, putting new pressure on the Bush administration.

White House reviews automaker bailout

The White House voiced concern about a Democratic plan on Monday to bail out stricken automakers with up to -billion in loans.

US Senate returns to carmaker bailout talks

The US Senate was due to reconvene on Monday as congressional negotiators sought to draft legislation to bail out the US car industry.

US senators grill CEOs as GM-Chrysler eye deal

The CEOs of General Motors and Chrysler said they would consider restarting merger talks if needed to win their slice of up to -billion in aid.

Prospect for US car-industry bailout dims

Chances have dimmed that a last-minute plan being crafted to provide -billion to bail out US automakers would receive enough backing.

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