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John Crawley

Toyota to pay $32m fine in US safety probe

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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

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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

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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

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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

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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

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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

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<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

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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

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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

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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

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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

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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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