Tesla Motors has just released a revised filing for their upcoming IPO. Tesla are reportedly buying NUMMI plant for $42 million and it is now confirmed that Tesla doesnt have a formal deal with Toyota to build a new electric vehicle yet. For anyone who followed the hyped news of the Tesla-Toyota partnership last week, [...]

Toyota has announced that it will halt sales of eight models due to its ongoing problems with unintended acceleration. The key issue has been the accelerator pedal mechanism that has the potential of getting stuck. Earlier this month, Toyota announced a recall of 2.3 million vehicles with the possible defect. The following eight models are [...]

Toyota has just released the pricing for their 2011 Toyota Sienna minivan. Prices range $24,600 for the standard model to $30,500 for the sport model, while the top of the range is at $39,770. V6 models will only be available initially, with the four-cylinder base Sienna and LE joining the lineup in April, along with [...]

Reports coming out of Japan are that Toyota may be working on a reborn hybrid sportscar of its own. The company once known for its sports-coupes recently unveiled the FT-86 concept, and could be set to follow up with a gasoline-electric resurrection of the cult classic MR2. The budget-friendly mid-engine/rear-drive sportscar had a big following [...]

Inside Line are reporting that Toyota may be close to announcing that they will shorten the gas pedal of the four million vehicles affected by their latest recall. Toyota recently published a statement to address the issue, stating it would “take a closer look at the potential for an accelerator pedal to get stuck in [...]