Bad news !!! Toyota is recalling 91,585 Prius hybrids in the USA for parking brakes that may fail to engage, according to filings with the National Highway Traffic Safety Administration. The issue also has triggered a stop-sale for the popular hybrid.
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The Vehicle Importers Association of Sri Lanka said that the Unit Rate Tax for vehicles with an engine capacity more than 1000 cc has increased with effect from midnight.
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Toyota has announced a set of voluntary recalls covering 960,000 Prius, RAV4, Tacoma and Lexus RX350 models in the United States to address two separate issues. Worldwide, Toyota will have to recall a total of 1.9 million Prius cars.
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Toyota Motor Corp. will probably pick Takeshi Uchiyamada, who led the development of the Prius hybrid car in 1990s, to replace Fujio Cho as the company’s next chairman, Nikkei (Nikkei.com) reported today, without citing anyone.
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With the tax deduction in 2010, everyone was paying attention to cars. People forgot about the investments, building or buying houses. Everyone wanted a car.
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