Massive £10 million fine for Toyota

We reported yesterday that there were more cars that were having to be recalled from Toyota and in all the chaos, they are going to have to cough up a heavy fine.

Its the biggest fine that has ever been handed out by the US department of transportation and even though Toyota are denying actually hiding the faulty vehicles, they are still accepting responsibility of not handling the situation better. With recalls still taking place for the SUVs and Lexus, it shows its still not over for Toyota and they are going to have to take responsibility for anything else that is coming. The problems so far that have been listed since the initial recall of Toyota motor vehicles include faulty accelerator problems, potential roll over issues, stability management and weight distribution issues.

New Toyota Recall does NOT affect UK Models

Toyota have announced yet another recall scheme, this time for the Land Cruiser Prado and Lexus GX 460. According to Toyota, the stability of the vehicles changes the performance under different conditions which is severe enough for a recall to take place.

The good news for UK owners is that the right hand drive version of both vehicles are not affected due to way the weight is distributed around the vehicle. This is not good news for Toyota who are still losing money from the accelerator recall last year.

Headache for Motor Traders but also a great opportunity..

With manufacturers such as Toyota having to recall the latest model of their Prius because of anti lock braking faults, Motor Traders are likely to have some very unhappy clients on their hands. Of course that’s not the only recall that Toyota are having to make, the accelerator pedals on some of their latest models are sticking, meaning yet another headache for motor traders. As both of these faults are being well publicised, the uk customer is going to become even more irate than normal.

For the motor trader this is going to be a problem but can also be looked at as an opportunity. Because these problems are major issues, the motor trade has a chance to show how good its service is to its customers; as its not directly the motor traders fault. Giving a good service to its customers throughout this time could prove benefitial to the motor trader.

Audi keeps it crown

Car dealers in the UK still rate Audi as the most valued car franchise out there. Toyota came in a close second place which is a vast improvement on its position last year. Kia was third.

Car dealers were asked a number of questions and various statistics were taken from the answers. Overall, over 90% of car dealers were happy with their profits they received from their car sales and a high percentage are happy with the relationship they have with their car manufacturers.

This kind of information shows that car sales have definitely picked up and that uk car dealers are working closely with the car manufacturer. This bodes well for insurance companies too as providing car sales continue to rise, the number of insurance policies will rise. This could be generic car insurance or fleet car insurance.

If you need insurance, then you can visit www.broadsuredirect.com for an insurance quotation.

Toyota recalling nearly 700,000 cars?!

Toyota have announced they are going to recall around 690,000 cars that were made in China. The reason for this is because the electric window switches are said to be faulty. 4 models are affected in the recall, and fortunately there have been no accidents relating to the problems.

Its not only Toyota that are now having to recall cars. Not long ago Honda in America had to recall nearly 500,000 cars because of an airbag problem. A far bigger issue in my mind!

If you have a Toyota or Honda and need insurance, visit www.broadsuredirect.com .

New Fleet manager at Toyota & Lexus

Mark Roden has been hired as the General manager for Toyota and Lexus, who will deal with fleet and vehicle re-marketing. Mark has been a manager for both Lexus and Toyota’s Network general manager so it seems that he fit the requirements.

At the moment the market is being so hard for getting fleet sales in but with the latest technologies coming from Toyota and Lexus, they should maintain a good choice for fleet managers. Some of these include a new Toyota Prius and in general, hybrid technology. Mark took over from Richard Balshaw who was promoted to sales director who he will know report to.

If you are interested in getting a fleet vehicle from either Lexus or Toyota and need fleet insurance, visit our website to fill out an easy to use form and get a quick quote. You can find us at http://www.broadsuredirect.com .

toyota lexus

Aston Martin and Toyota join forces

Thats right, Aston Martin and Toyota are said to be developing the first ever luxury hatchback motor car.

Aston Martin Cygnet

Called the “Cygnet”, Aston Martin are deadly serious about developing and putting this car into production. Prices are rumoured to be around £20,000 but likely to only be available to current Aston Martin customers, sold as an accessory.

We shall have to wait and see if any other super car makers decide to follow in Aston Martin’s footsteps…