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Toyota sudden acceleration class action may cover 22 million owners

A total of 22.6 million current and former Toyota owners have been sent notices that they may be eligible to receive compensation from the automaker for damages related to the unintended acceleration fiasco that has dominated headlines in 2009 and 2010. The total payout may be as high as $1.63 billion, according to The Detroit News.
Steve Berman, a lawyer for the owners, calls the potential deal "a landmark, if not a record, settlement in automobile defects class action litigation in the United States." Still, there's some debate about whether or not Toyota's proposed settlement is fair, as it includes $30 million for safety research and driver education programs - in other words, Toyota seems to be suggesting that drivers need more education on how to drive their correctly working and fully functional vehicles. For those keeping track, Toyota would also be paying lawyer fees of $200 million.
A US District Judge in California is scheduled to hold a so-called "fairness hearing" on June 14 that could decide the fate of this particular settlement. Further courtroom wrangling will be required to hash out any wrongful death suits levied against Toyota stemming from unintended acceleration claims, as those are not part of this class-action suit.

Ford Fusion production scaled back just 3 months after it was accelerated

Three months after kicking off production of the Ford Fusion at its Flat Rock, MI factory, Ford Motor Company is taking steps to trim output in the face of heavily discounted competition from Toyota and a growing supply of vehicles.
The addition of Fusion production in Flat Rock - which also builds the Mustang - was meant to be what pushed the handsome mid-sizer past its arch-nemesis, the Toyota Camry. An extra facility building Fusions was also meant to curb the growing demand for Ford's highly profitable sedan.
But with word that Flat Rock would take "approximately" one extra week off for the holidays combined with an 88-day supply of Fusions - reportedly due in no small part to what Morgan Stanley analyst Adam Jonas called "aggressive discounting of the Camry" - some analysts are now beginning to wonder if Ford may have overextended itself by adding a second Fusion facility to the mix.

2014 Toyota Corolla to bow before LA

We've sort of been wondering when Toyota would finally debut the next-generation Corolla sedan, especially since the current car is getting very, very long in the tooth. We got a glimpse of the new compact's design at this year's Detroit Auto Show in the form of the Furia concept seen above, but we figured we'd see the production car by now.
According to Edmunds, Toyota will be unveiling the new Corolla sometime soon, and it won't wait until the Los Angeles Auto Show in November. Officials from the Japanese automaker did not state a specific location or date for the new car's unveiling, but said that the 2014 Corolla is expected to be on sale before the LA expo later this year and that it will be revealed "somewhere in the US."
Toyota did not divulge any details about the new Corolla, and we're willing to bet that the aggressive lines of the Furia concept will be dulled down quite a bit for the production model. Still, news that the new car is coming sooner rather than later is indeed a good thing.