By Erika Kinetz Associated Press WENZHOU, China (AP) — Alex Theil lost his innocence the day an envelope landed on his desk. It was filled with money from a counterfeiter of Toyota auto parts he’d busted, mistakenly delivered to him by a lawyer hired to help with the raid. Theil was running the office of […]
By Yuri Kageyama AP Business Writer TOKYO (AP) — Toyota Motor Corp. is investing $1 billion in a research company it’s setting up in Silicon Valley to develop artificial intelligence and robotics, underlining the Japanese automaker’s determination to lead in futuristic cars that drive themselves and apply the technology to other areas of daily life. […]
WASHINGTON (AP) — Toyota Motor Corp. faces a maximum penalty of more than $16 million, a record civil penalty against an automaker, for failing to promptly notify the U.S. government about defective gas pedals among its vehicles.
SAVANNAH, Georgia (AP) — A Ford dealer, angered over the proposed bailout of U.S. automakers, blames the nation’s sour economy on Congress and criticized buyers