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Toyota maintains world's largest automaker crown, GM and VW close behind

Toyota still holds the title of World's Largest Automaker. The Japanese automaker ceded the claim to General Motors in 2011 following a series of natural and man-made disasters that stifled production in Asia. Production is back up to full speed and, coupled with the introduction of a new Camry midsize sedan, Toyota retook the title in 2012 and has so far been able to keep it by selling 2.43 million vehicles in the first quarter of 2013.
The race is still tight - General Motors reports sales of 2.36 million vehicles, earning it the second spot globally with Volkswagen's 2.27 million sales nabbing the German automaker third place. It's not all smooth sailing for Toyota, either, as the brand's first-quarter figures were down 2.2 percent when compared to last year. GM posted a 3.6-percent gain and VW managed a 5.1-percent gain over the same period.
Sales in China may be a deciding factor as to which automaker performs best in 2013. Toyota's figures were down 13 percent in China. Meanwhile, GM and VW are continuing their upward trajectories in the crucial Chinese market.

Toyota confirms 2016 Tacoma for Detroit

A week on from an announcement by Toyota's Bob Carter, the Japanese marque has formally announced that the 2016 Toyota Tacoma will make its global debut next month at the 2015 North American International Auto Show. Not only that, but the company has given us a very minute (and very muddy) teaser image, showing the truck's tailgate and driver's side taillight. Like its big brother, the Tundra, the 2016 Tacoma will feature its name embossed on its tailgate. Beyond that, though, there's really not much to be gleaned from this sole teaser shot. Of course, we'll have much, much more on the next-generation Taco when it arrives in a month's time. Until then, check out Toyota's hilariously brief and to-the-point press release, available below. Tacoma. Detroit. January 12. It's on. December 10, 2014 Toyota's rolling out the all-new 2016 Tacoma at the 2015 North American International Auto Show in Detroit on Jan. 12.

Toyota settles for $3M after being found liable in sudden acceleration case

A jury has decided that faulty software was to blame for a crash involving a 2005 Toyota Camry that killed one woman and injured another. This is the first time Toyota has been found liable by a jury in a lawsuit involving sudden acceleration claims. Toyota has maintained that driver error is the most likely cause for cases of sudden acceleration.
Shortly after the jury in the case, which took place in Oklahoma and centered around a crash that injured 76-year-old Jean Bookout and killed her passenger, Barbara Schwarz, reached a verdict that would see Toyota paying $3 million in compensatory damages, a confidential settlement was reached. The jury, which had found Toyota liable for "reckless disregard" for public safety, had yet to decide what punitive damages Toyota would face.
Toyota said in a statement, "While we strongly disagree with the verdict, we are satisfied that the parties reached a mutually acceptable agreement to settle this case. We will continue to defend our products vigorously at trial in other legal venues."