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NHTSA Urges Automakers to Dial Back On Behind-the-Wheel Technology
Wednesday, April 24, 2013 - 9:19am | 544Read More...Apparently tweeting the fact that you are updating your Facebook (NASDAQ: FB) status while checking your location on satellite image GPS all at the same time isn’t such a good idea. At least not while driving down the freeway at 70 mph. So said the Transportation Department in non-binding...
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Control Tower Furloughs Delay Major U.S. Airports
Monday, April 22, 2013 - 7:50am | 273Read More...Mike Boyd, Chairman of Boyd Group International, the aviation consulting, research and forecasting firm, appeared on CNBC's Squawk Box Monday morning hot with conspiracy theories, touching upon sequestration's effect on airlines across the country and his belief that Transportation Secretary Ray...
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More Fines Could Be Imposed On Toyota (TM) Says U.S. Transportation Secretary
Monday, May 10, 2010 - 10:44am | 105Read More...The U.S. Transportation Secretary, Ray LaHood, has not ruled out further fines on Toyota Motor Corp. (ADR) (NYSE: TM). The remark came during LaHood’s visit to the automakers’ headquarters in Japan. Earlier, Toyota had agreed to pay a record fine of $16.4 million, levied by the U.S. National...
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BREAKING NEWS: Toyota Dissolves After Crippling Fine From Dept. Of Transportation
Tuesday, April 6, 2010 - 10:44am | 225Read More...Today, the Japanese carmaking giant Toyota (NYSE: TM) dissolved spectacularly following a severe and unprecedented fine of $16.4 million against a company that brought in a mere $209 billion in revenue in 2009. Stockholders and employees alike were stunned, left reeling after being thunderstruck by...
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Toyota (TM) Violates U.S. Law By Hiding Defect
Tuesday, April 6, 2010 - 8:24am | 295Read More...According to a report by Bloomberg, the U.S. has for the first time accused Toyota Motor Corp. (ADR) (NYSE: TM) of breaking its law, saying that it “knowingly hid a dangerous defect” that caused its vehicles to unexpectedly accelerate. Ray LaHood, the Transportation Secretary, has proposed the...
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Is The US Overreacting To Toyota's Recalls? (TM, HMC)
Thursday, February 4, 2010 - 1:19pm | 461Read More...Ray Lahood, the U.S Transportation Secretary, is very concerned about the technical problems in cars manufactured by Toyota Motors. According to his department, the throttle system used in Japanese cars is interfering with electromagnetic waves. Six million vehicles of Toyota Motors Corp,(NYSE: TM...
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Toyota (TM ) is ‘A Little Safety Deaf’: Says Secretary of Transportation
Wednesday, February 3, 2010 - 11:17am | 93Read More...According to CNBC, Secretary of Transportation Ray LaHood rebuked Toyota (NYSE: TM) for being slow to react to the news of its faulty gas pedals. This comment clearly shows how far Toyota has fallen in the recent past. The National Highway Transportation Safety Agency is currently investigating...
