Yesterday, we reported that BMW and Toyota were debating semantics before wrapping up their talks and signing some pieces of paper with one another.
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Toyota announced today that it is issuing a recall on approximately 420,000 of its Toyota brand and Lexus vehicles in the United States, with an additional 130,000 worldwide.
Down but certainly not out, Toyota expects its production levels to make a full recovery to the level they were before the March 11 earthquake in Japan, the company announced in a statement this week.
The current Toyota Corolla, having been on sale since 2008, is a little long in the tooth and will be replaced with an all-new model by the end of the year.