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Senator asks NHTSA to answer Toyota acceleration questionsupdated: Thu Jul 12 2012 18:31:00

U.S. Sen. Chuck Grassley, R-Iowa, is asking the National Highway Transportation Safety Administration to look into additional questions about unintended acceleration of Toyota cars.

Toyota memo shows acceleration concernsupdated: Fri Apr 20 2012 16:11:00

CNN's Drew Griffin investigates a Toyota engineering memo that suggests an electronic problem in a prototype car.

Toyota subpoenas critic's communications with media, governmentupdated: Fri Apr 20 2012 16:11:00

Toyota Motor Corp. has subpoenaed Sean Kane, an auto safety advocate and outspoken critic of the company, asking that he hand over his communications with the media, Congress, government agencies and individual Toyota drivers inquiring about sudden unintended acceleration.

Fortune: The race to become the world's uber-automakerupdated: Fri Apr 13 2012 12:08:00

They aren't selling like iPads or Hunger Games tickets, but global auto sales are enjoying a nice run. They have grown 18% since 2005 to more than 75 million cars and trucks, and Bank of America Merrill Lynch is expecting the industry to tack on another 3.9% increase this year.

Documents related to CNN's report on Toyotaupdated: Thu Mar 01 2012 23:49:00

Here are links to the full list of documents related to CNN's report on Toyota. All are PDFs.

Experts: Translated Toyota memo shows electronic acceleration concernupdated: Thu Mar 01 2012 21:51:00

Toyota engineers found an electronic software problem that caused "sudden unintended acceleration" in a test vehicle during pre-production trials, according to a company engineering document obtained by and translated for CNN.

The mobile device that thinks it's a Russian dollupdated: Wed Feb 29 2012 11:56:00

Day two of Barcelona's mobile extravaganza brings an app to control your car, a phone that becomes a laptop and better call quality for the older generation. Stuff Magazine brings us the lowdown.

CNNMoney: Toyota to export Camrys to South Korea - from U.S.updated: Mon Dec 05 2011 11:27:00

Toyota will soon begin exporting U.S.-built Camry sedans to South Korea, the automaker announced Monday.

CNNMoney: Toyota recalls 420,000 cars in U.S.updated: Wed Nov 09 2011 09:21:00

Toyota Motor Co. is recalling 420,000 cars in the U.S. because of a potential problem with the power steering.

CNNMoney: Detroit automakers revved up sales in Septemberupdated: Mon Oct 03 2011 16:30:00

Major U.S. automakers posted sales increases in September, in some cases even better than analysts had predicted. Some of the biggest gains came from SUVs and compact cars as buyers who had been putting off purchasing a new vehicle finally re-entered the market.

Fortune: Toyota takes on the myth of the above-average driverupdated: Thu Sep 22 2011 07:21:00

Is there anyone over the age of 16 holding a valid license who doesn't believe he is an above-average driver? In a study conducted some time ago, 93% of American students thought their driving skills were better than half of those surveyed -- a mathematical impossibility that has not changed.

CNNMoney: Car sales rise - against all oddsupdated: Thu Sep 01 2011 18:01:00

Consumers shrugged off a slowing economy, plunging stock markets and even a hurricane to keep buying cars at a decent clip in August.

Fortune: Extra laps: A recap of developing auto newsupdated: Tue Aug 23 2011 13:34:00

The buildup surrounding the new joint venture between Ford and Toyota reminded me of an old adage: Big corporate events always sound best on the day they are announced.

CNNMoney: Ford, Toyota team up to build big hybridsupdated: Mon Aug 22 2011 17:02:00

Rivals Ford Motor and Toyota Motor announced an agreement Monday to work together to develop a new hybrid system for use in light trucks.

CNNMoney: Toyota's future rides on the new Camryupdated: Mon Aug 22 2011 12:35:00

Toyota is expected to officially unveil a new version of America's best-selling car on Tuesday and the new Toyota Camry has a lot to carry, even before anyone's loaded the trunk.

CNNMoney: Car deals coming in the fallupdated: Wed Aug 10 2011 14:49:00

If you're thinking of buying a new car, maybe you should wait a little longer. Auto industry analysts expect a rise in car buying incentives this fall beyond the ordinary "model year turn-over" sales push.

CNNMoney: U.S. automakers post stronger sales as Japanese slideupdated: Tue Aug 02 2011 15:51:00

U.S. automaker sales rose in July with Chrysler Group posting an especially strong, and unexpected, gain.

CNNMoney: Toyota boosts outlook after tough quarterupdated: Tue Aug 02 2011 07:59:00

Toyota Motor Corp. blamed the massive March 11 earthquake that ravaged Japan for its 99% plunge in fiscal first-quarter earnings, but raised its forecast for the full year.

CNNMoney: Tesla shares pop on $100 million Toyota dealupdated: Wed Jul 20 2011 15:14:00

Shares of Tesla Motor jumped nearly 5% on Wednesday after the company disclosed a $100 million deal with Toyota to provide parts for an electric version of the Rav4.

SI.com: Tim Tuttle: Roush Fenway or Joe Gibbs? Carl Edwards has difficult choice in '12updated: Wed Jul 06 2011 14:03:00

Carl Edwards can stay at Roush Fenway Racing or he can move to Joe Gibbs Racing in 2012. They're both great options, offering lucrative compensation and Sprint Cup championship-caliber operations. Edwards will make his decision based upon the team he believes will provide the best opportunity to win races and championships and therein lies the dilemma of a lifetime.

CNNMoney: Stocks: Housing bounce calms investorsupdated: Tue Jun 28 2011 09:06:00

U.S. stocks were set to edge higher Tuesday, following a report that showed home prices rose for the first time in eight months in April.

CNNMoney: Toyota's woes: Lower sales, ratings cutupdated: Tue Jun 28 2011 07:59:00

Toyota Motor Co. on Tuesday blamed the continued fallout from this spring's earthquake for slumping sales and production in Japan, and the automaker was hit with a ratings downgrade.

CNNMoney: Dow, S&P slide for sixth weekupdated: Fri Jun 10 2011 16:58:00

Stocks retreated broadly on Friday, with the Dow ending below 12,000 for the first time in three months and the Nasdaq erasing all of its gains for the year.

CNNMoney: Toyota forecasts $1.6 billion profit dropupdated: Fri Jun 10 2011 08:05:00

Toyota Motor Corp. forecast that it could lose more than $1 billion in profits in the current fiscal year because of disruptions from the tsunami and earthquake that ravaged Japan in March.

CNNMoney: Chrysler, Hyundai sales buck industry slumpupdated: Wed Jun 01 2011 16:59:00

Chrysler Group sales bucked an industry slide last month as the automaker's redesigned models contributed to a 10% increase compared to last year.

CNNMoney: Toyota wants you to friend your car. Really.updated: Mon May 23 2011 16:16:00

Toyota wants you to "friend" your car.

CNNMoney: Panel: Toyota needs safety attitude adjustmentupdated: Mon May 23 2011 14:14:00

A panel of safety experts convened by Toyota Motor Co. advised the automaker to loosen its centrally controlled corporate culture and to listen more to outside critics.

Fortune: It's time to stop worrying about Toyotaupdated: Wed May 18 2011 11:42:00

Akio Toyoda must feel like he is jinxed. Since becoming president of his family's company in 2009, he has been buried under an avalanche of troubles -- the worst skein of bad news in the company's history.

CNNMoney: Toyota production picture improvesupdated: Wed May 11 2011 09:37:00

Toyota Motor took a $1.3 billion hit from the cost of the earthquake and tsunami that struck Japan in March, but the world's largest automaker said Wednesday it is moving to resume normal production sooner than previously expected.

Toyota making drastic production cuts after Japan quake, tsunamiupdated: Wed Apr 20 2011 06:29:00

Toyota has announced drastic production cuts in North America and China due to difficulty in supplying parts following the massive earthquake and tsunami in Japan.

Trouble for Toyotaupdated: Wed Apr 20 2011 06:20:00

Toyota cuts production in the U.S. and China. CNN's Paula Hancocks reports.

Toyota Motor Corp. to restart output but at half capacityupdated: Fri Apr 08 2011 04:28:00

All the assembly lines will begin rolling again for Toyota Motor Corp. beginning April 18, but only for a limited time and at less than full capacity, the company announced Friday.

CNNMoney: Microsoft teams with Toyota to power smart carsupdated: Wed Apr 06 2011 15:31:00

Microsoft and Toyota on Wednesday announced a $12 million partnership through which the companies will create an advanced digital information and communication system for the Japanese automaker's cars.

Toyota plans to reopen one more automaking plant in Japanupdated: Wed Apr 06 2011 04:05:00

Starting next week, Toyota will resume vehicle production at a third plant in Japan, a company spokesman said Wednesday.

Contamination risks in Japanupdated: Fri Apr 01 2011 11:19:00

Dr. Sanjay Gupta and Michael Friedlander discuss the health risks from radioactive contamination in Japan.

New auto sales in Japan plummet 37% after disasterupdated: Fri Apr 01 2011 11:19:00

Auto sales in Japan have hit the brakes sharply since last month's natural disaster and ensuing nuclear crisis, according to fresh figures released Friday.

CNNMoney: Toyota tells U.S. plants 'prepare to shut down'updated: Thu Mar 24 2011 11:44:00

Toyota's U.S. manufacturing arm is preparing for a possible shutdown because of parts shortages from Japan, a Toyota spokesman said.

CNNMoney: Toyota, Sony keep Japan production curtailedupdated: Wed Mar 23 2011 11:07:00

Toyota Motor said Tuesday that it is extending a halt on full vehicle production in Japan through March 26 as it and other major manufacturers try to recover from the effects of this month's earthquake.

CNNMoney: GM to shut plant amid shortage of Japanese partsupdated: Thu Mar 17 2011 17:52:00

General Motors has suspended production at a facility in Louisiana due to a shortage of parts stemming from the natural disaster in Japan, the automaker said Thursday.

Fortune: Japan's automakers: Down but not outupdated: Wed Mar 16 2011 12:11:00

The scene might have been lifted from from one of those digital effect-laden Hollywood catastrophe movies -- except this time it was all too real.

CNNMoney: Toyota recalls 2.17 million more carsupdated: Thu Feb 24 2011 16:20:00

Toyota is recalling 2.2 million vehicles to correct problems that can cause gas pedals to become stuck in floormats.

CNNMoney: Hit the brakes! Drivers hit the gas insteadupdated: Fri Feb 11 2011 17:15:00

The number one cause of unintended acceleration isn't problem cars, it's problem drivers.

Fortune: The safety police go after Toyota againupdated: Thu Feb 10 2011 15:54:00

The word of the rocket scientists apparently wasn't good enough. The Washington safety lobby wants more proof that Toyotas are free from electronic gremlins.

CNNMoney: What Toyota learned from Detroitupdated: Wed Feb 09 2011 12:12:00

Toyota is learning the painful lessons that its Detroit rivals learned the hard way -- success in the auto industry will mean cutting costs, not just selling cars.

CNNMoney: Pedals, drivers blamed for out of control Toyotasupdated: Tue Feb 08 2011 22:09:00

An intensive 10 month investigation into possible causes of unintended acceleration in Toyota cars found no fault with the automaker's electronic throttle control systems, the Department of Transportation announced Tuesday.

CNNMoney: Stocks poised for a soft openupdated: Tue Feb 08 2011 08:14:00

U.S. stocks were set to open toward the down side Tuesday after China's central bank raised key rates for the third time since October.

Profits down, outlook up for Toyotaupdated: Tue Feb 08 2011 06:36:00

Toyota says profits plummeted, but its outlook for the full fiscal year is looking up. CNN's Kyung Lah reports.

Toyota upbeat despite recent sluggish salesupdated: Tue Feb 08 2011 06:36:00

Rebounding from safety recalls and an unfavorable exchange rate, Toyota released an upbeat financial forecast with three months left in the fiscal year.

CNNMoney: U.S. to reveal Toyota unintended acceleration findingsupdated: Mon Feb 07 2011 16:48:00

The government is expected to announce Tuesday the results of a 10-month inquiry into possible causes of unintended acceleration in Toyota cars and trucks.

Fortune: The rise of the button-down car salesmanupdated: Thu Feb 03 2011 10:17:00

Fifteen years ago, a quiet revolution began that would permanently alter the auto retailing landscape: the first car dealership groups became public companies, selling shares and listing their financial results for all to see.

CNNMoney: Toyota offers exit plan for some workersupdated: Tue Feb 01 2011 17:37:00

Toyota confirmed Tuesday that it is offering "voluntary exit packages" to certain employees in California as part of a restructuring plan.

CNNMoney: Auto sales start 2011 on a strong noteupdated: Tue Feb 01 2011 17:31:00

The nation's automakers posted double-digit percentage sales gains for January on Tuesday, as Americans appear to be returning to showrooms after a long hiatus.

CNNMoney: Hey kid! Here comes the drivable iPhoneupdated: Thu Jan 27 2011 11:21:00

Before you know it your car will be rolling off the assembly line looking more like a smartphone -- making dinner reservations, searching the Internet, and of course, texting and making phone calls.

Toyota announces recalls involving more than 1.5 million vehiclesupdated: Wed Jan 26 2011 06:10:00

Toyota on Wednesday announced recalls involving more than 1.5 million vehicles worldwide for issues that could result in fuel leakage, the company said.

Snow slows Japan's bullet trains, closes Toyota plantsupdated: Mon Jan 17 2011 11:51:00

As much as 8 feet of snow has fallen in parts of Japan since Sunday, slowing train travel and forcing automaker Toyota to close down 12 factories.

Detroit auto show: Industry getting its va-va-voom backupdated: Mon Jan 10 2011 17:15:00

This week, Motor City will be the epicenter of the global auto industry as the Detroit auto show opens.

CNNMoney: Toyota chalks a win against 'whistleblower'updated: Thu Jan 06 2011 16:20:00

Toyota Motor Sales Inc. has been awarded $2.6 million in an arbitration case against a former attorney for the automaker. The attorney, Dimitrios Biller, had accused Toyota in court cases and in the media, of covering up safety defects in its vehicles.

CNNMoney: Ford staggers Toyota in 'best-loved car' fightupdated: Wed Jan 05 2011 16:22:00

Ford is rising fast in a survey of consumers' feelings toward car brands. In fact, Ford is now virtually tied for first place with fast-falling Toyota in the most recent Consumer Reports Car Brand Perception Survey.

CNNMoney: December auto sales raise hopes for 2011updated: Tue Jan 04 2011 18:59:00

Most automakers ended a challenging 2010 with a strong sales month, raising hopes that the industry could be carrying some momentum into the new year.

CNNMoney: Stocks end at highest levels in more than two yearsupdated: Tue Dec 21 2010 16:33:00

U.S. stocks rose modestly Tuesday but managed to close at their highest levels in more than two years as investors set their sights on 2011.

CNNMoney: Toyota to pay $32.4 million fine for recallsupdated: Tue Dec 21 2010 11:43:00

Toyota Motor Corp., the Japanese automaker that suffered a series of high-profile recalls, will pay $32.4 million in civil penalties, the U.S. Department of Transportation said Monday.

Toyota: Where's the testing?updated: Tue Dec 21 2010 09:41:00

In May, Toyota USA's chief was asked why not enough testing was done on electronics leading to sticky pedal recalls.

Toyota to pay U.S. $32.4 million over recallsupdated: Tue Dec 21 2010 09:41:00

Toyota has agreed to pay more than $32 million in penalties after two federal investigations that faulted the Japanese automaker for its handling of recent auto recalls, the U.S. Transportation Department announced Monday night.

CNNMoney: Futures edge up ahead of the openupdated: Tue Dec 21 2010 08:57:00

U.S. stocks were set to open higher Tuesday morning, following a global market rally and as investors set their sights on 2011.

CNNMoney: Ultimate electric car challenge: Dead batteriesupdated: Mon Dec 20 2010 17:29:00

We've all had to get rid of spent lithium-ion batteries from laptops and cell phones so it's natural to worry about the ones in electric cars.

Fortune: Chevrolet Volt: Too different for its own good?updated: Thu Dec 09 2010 12:10:00

New GM CEO Dan Akerson has been out beating the drum for the Chevrolet Volt lately, looking for ways to double or triple production, placing want ads for 1,000 more engineers to work on electric vehicles, and talking up plans to begin exports of the Volt.

CNNMoney: Electric cars flooding the market in 2012updated: Wed Dec 08 2010 11:15:00

If you want to buy an electric car today, good luck, it's slim pickins. But fast forward three years and you could be facing more plug-in choices than you'll know what to do with.

CNNMoney: GM, Ford post sales gains while Toyota strugglesupdated: Wed Dec 01 2010 17:35:00

Auto sales in November were significantly improved from the dismal results posted a year ago by automakers, but remain near historic lows.

California judge gives tentative OK to Toyota class-action suitupdated: Fri Nov 19 2010 18:51:00

A federal judge in California tentatively ruled Friday that dozens of Toyota vehicle owners who filed a class-action lawsuit against the automaker over alleged mechanical defects can proceed with their case.

CNNMoney: Toyota quadruples net incomeupdated: Fri Nov 05 2010 08:42:00

Toyota reported Friday that its net income in the latest quarter more than quadrupled over the same period last year, as strong sales and cost-cutting measures balanced the strengthening yen.

CNNMoney: Honda recalling nearly half a million carsupdated: Mon Oct 25 2010 08:21:00

Honda has announced a recall of nearly half a million vehicles with brake problems, just days after Toyota announced a similar recall.

CNNMoney: Toyota, Honda recall U.S. vehicles for brake problemupdated: Thu Oct 21 2010 16:12:00

Toyota is recalling 740,000 vehicles sold in the United States because of potentially unsafe brakes, adding to the automaker's 2010 recall woes.

Toyota recalls 1.5 million vehiclesupdated: Thu Oct 21 2010 06:06:00

Toyota on Thursday announced the recall of 1.5 million vehicles for possible brake and fuel system problems.

Fortune: For Ford and GM, less haggling on the lotupdated: Wed Oct 20 2010 10:49:00

Detroit automakers have long been vexed by their loss of market share to Honda, Toyota and other foreign makers. Equally frustrating is the fact that American consumers have been willing to pay higher prices for so-called foreign cars.

Fortune: Volkswagen's plan for world dominance begins with a $90,000 Audiupdated: Fri Oct 08 2010 12:47:00

Luxury models don't cost too much more to build than their mass market counterparts, though they do sell at much higher prices. Volkswagen AG is showing its grasp of this concept with the new Audi A8, VW's latest salvo in its quest to pass Toyota Motor Corp. as the world's top seller of automobiles.

Toyota reaches settlement with families after fatal crashupdated: Sat Sep 18 2010 06:22:00

Toyota has reached a settlement with two families over product liability claims following a crash that killed four family members, a spokesman for the automaker said.

CNNMoney: Say g'day to the mighty (Australian) dollarupdated: Fri Sep 17 2010 14:38:00

For investors still looking for clues about where the market and economy is heading, I suggest it's time to start singing Waltzing Matilda.

CNNMoney: Toyota announces 6 new hybrids, electric carsupdated: Tue Sep 14 2010 15:49:00

Toyota Motor Co. will put out six all-new hybrid vehicles worldwide by 2012, a Toyota spokesman confirmed.

CNNMoney: Investors bid sayonara to Toyotaupdated: Tue Sep 14 2010 13:05:00

It isn't easy to recover from a public relations nightmare. Just ask Toyota.

CNNMoney: Toyota recalls 1.33 million carsupdated: Tue Sep 07 2010 13:34:00

Toyota Motor Corp. said it was recalling 1.33 million Corolla and Matrix vehicles on Thursday, citing problems in engines' electronic control units that have allegedly led to three accidents.

Fortune: GM's long overconfidence gameupdated: Tue Sep 07 2010 05:53:00

In 1982, General Motors closed its manufacturing plant in Fremont, Calif. The location, far from Detroit auto suppliers, was considered among the worst-performing assembly lines in the company's system. Roger Smith had become GM's chairman the year before Fremont was closed, and he had begun to think of ways to reorganize the car company. He knew there was a problem; he just wasn't sure what it was, exactly, or how to fix it.

CNNMoney: Auto sales: Worst August since 1983updated: Wed Sep 01 2010 17:14:00

The nation's top automakers reported disappointing sales Wednesday, resulting in the worst August for industrywide auto sales in 27 years.

CNNMoney: U.S. digs deeper into stalling Toyotasupdated: Mon Aug 23 2010 14:55:00

The National Highway Traffic Safety Administration is upgrading its investigation into possible stalling problems in nearly 1.2 million Toyota Corolla and Matrix cars.

CNNMoney: Toyota probe: Drivers may have botched the brakingupdated: Wed Aug 11 2010 13:09:00

It's still early, but a government investigation into Toyota acceleration problems has found that drivers may have been at fault in many cases because they didn't properly apply their brakes.

Toyota stops car exports to Iranupdated: Wed Aug 11 2010 06:42:00

Toyota Motors said Wednesday it's halting shipments to Iran following international moves to put financial and commercial pressure on Tehran to curb its nuclear ambitions.

SI.com: Tom Bowles: Winners, losers in Kasey Kahne's one-year deal with Red Bullupdated: Tue Aug 10 2010 23:27:00

After a four-month circus, the Kasey Kahne soap opera came to an end Tuesday. Let's break down his announcement of a one-year deal to join Red Bull Racing in 2011, revealing who was smiling once the merry-go-round finally stopped:

Freed from prison after Toyota recallupdated: Mon Aug 09 2010 11:40:00

A man who spent three years in prison for a fatal car crash involving a Toyota is now a free man.

CNNMoney: Toyota swings to profit, raises outlookupdated: Wed Aug 04 2010 06:59:00

Toyota Motor Corp., just months off a recall crisis in the United States, said Wednesday that it swung to a profit in its latest quarter and boosted its full-year sales outlook.

CNNMoney: Auto sales gain, but consumers still waryupdated: Tue Aug 03 2010 16:56:00

The auto industry reported its best month since Cash for Clunkers brought a flood of buyers out a year ago, but the sales still showed consumers reluctant to buy new vehicles.

CNNMoney: Suit alleges Toyota concealed acceleration defectsupdated: Tue Aug 03 2010 15:19:00

A lawsuit filed Monday alleges that Toyota knew about the sudden acceleration problems in its vehicles as far back as 2003 but concealed the defects from consumers and regulators.

CNNMoney: Toyota recalls 400,000 cars over steering issuesupdated: Thu Jul 29 2010 09:49:00

Toyota Motor Corp. said Thursday it was recalling more than 400,000 older-model vehicles sold in the United States, citing potential steering-related problems in both.

Bear brakes into car, goes on joyrideupdated: Sat Jul 24 2010 22:22:00

A full-grown black bear found its way inside of 17-year-old Ben Story's car and took off. Affiliate KUSA reports.

Bear gets stuck in car, goes on brief rideupdated: Sat Jul 24 2010 22:22:00

If you think you've heard it all, follow this tale of a hungry black bear who went for a ride, literally.

CNNMoney: Tesla to build electric Toyota Rav4updated: Wed Jul 21 2010 10:39:00

Tesla Motors will produce electric Rav4 crossover SUVs for Toyota Motor Co. beginning in 2012, the two companies announced Friday.

CNNMoney: Grand jury subpoenas Toyotaupdated: Tue Jul 20 2010 07:31:00

Toyota Motor Corp. has been subpoenaed by a U.S. federal grand jury for documents related to steering problems in its vehicles, the automaker said Tuesday.

CNNMoney: Toyota shares rise after sudden acceleration reportupdated: Tue Jul 13 2010 16:07:00

Shares of Toyota Motor jumped more than 1% after a report suggested that some of the company's recall woes may have been due to driver error.

Fortune: How Toyota lost its way - Full versionupdated: Mon Jul 12 2010 09:34:00

A principal ingredient in Toyota's success has been the job of the chief engineer, or shusa. Unlike a chief engineer at GM or Ford, whose role is essentially coordination, the Toyota shusa has complete responsibility for a vehicle, beginning with its conception and sometimes lasting through its entire sales life. Besides engineering decisions, the shusa is responsible for a program's business success. He defines a vehicle's intended market and is responsible for hitting targets of cost, weight, performance, and quality.

Fortune: How Toyota lost its wayupdated: Mon Jul 12 2010 04:03:00

A principal ingredient in Toyota's success has been the job of the chief engineer, or shusa. Unlike a chief engineer at GM or Ford, whose role is essentially coordination, the Toyota shusa has complete responsibility for a vehicle, beginning with its conception and sometimes lasting through its entire sales life. Besides engineering decisions, the shusa is responsible for a program's business success. He defines a vehicle's intended market and is responsible for hitting targets of cost, weight, performance, and quality.

CNNMoney: Tesla: Toyota electric prototypes coming soonupdated: Sat Jul 10 2010 13:05:00

Electric carmaker Tesla Motors will deliver two prototypes to Toyota Motor Co. by the end of the month, a Tesla executive said Saturday.

CNNMoney: Toyota working on Tesla-based electric carupdated: Fri Jul 09 2010 15:05:00

Moving ahead with a partnership announced in May, Toyota is working on a potential new electric car with California's Tesla Motors, a source at the Japanese automaker said.

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