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Toyota faces massive legal liability

Legal expenses and damages could add billions to Toyota's recall costs, with dozens of suits pending over injuries and deaths and at least 30 seeking class-action status over lost use of vehicles.
http://www.latimes.com/business/la-fi-toyota-liability12-2010feb12,0,579...
Toyota Motor Corp.'s massive recalls for acceleration and braking problems are creating a huge legal liability for the company -- and Toyota owners may share in the pain.

Toyota's once-golden resale value gets dented

Toyota's once-golden resale value gets dented
By DAVE CARPENTER, AP Personal Finance Writer Dave Carpenter, Ap Personal Finance
http://news.yahoo.com/s/ap/20100208/ap_on_bi_ge/us_toyota_used_car_value
CHICAGO – Toyota owners looking to trade in their cars have little reason to sing the carmaker's old ad slogan, "I love what you do for me — Toyota!"

Waxman: Toyota Told Us Gas Pedals Were Not the Problem

In Strongly Worded Letter, Reps. Waxman and Stupak Suggest That in Private Toyota Execs Are Telling A Different Story About the Causes of Runaway Toyotas
http://abcnews.go.com/Blotter/RunawayToyotas/waxman-toyota-told-us-gas-p...
Two congressmen issued a strong statement Tuesday afternoon suggesting that recent statements by Toyota's top U.S. executive to the public about the causes of random acceleration were misleading, and that in private Toyota officials had said that sticky gas pedals were not the cause of the most serious acceleration incidents.

This One You Oughta Tow Away! (TOYOTA)

Business is far from usual at Toyota dealership
Quote from article:
"Now, the staff has found itself the butt of jokes. Instead of cracks about General Motors' government bailout or Chrysler's collapse, friends now sent mocking text messages about sticky pedals and crashing cars. People at a grocery store snickered that Toyota stood for "This One You Oughta Tow Away.""
http://www.latimes.com/business/la-fi-dealership1-2010feb01,0,4783152,fu...

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