Toyota Motor (TM) has revealed that it may halt new car launches this year if it is unable to be fully satisfied with correcting the accelerator problem that forced a mass recall of its vehicles. The cars that might be shelved include RAV4 2010, Auris 2010 and the Auris Hybrid.

However, the Japanese automaker is hopeful about regaining sales in North America in March after a sharp decline last month when the automaker suspended sales of 8 recalled models.

In January, Toyota suspended the sale of 8 models to correct sticking accelerator pedals. The models affected in the sales suspension were RAV4 crossover (2009–2010), Corolla (2009-2010), Matrix (2009–2010), Avalon (2005–2010), Camry (2007–2010), Highlander (2010), Tundra (2007–2010) and Sequoia (2008–2010). So far, Toyota has recalled 8.5 million vehicles.

In February, the automaker’s sales fell 9% to 100,027 vehicles. According to Autodata Corp., the automaker’s U.S. market share fell to 12.8%, the lowest since

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Toyota Motor (TM) has revealed that it may halt new car launches this year if it is unable to be fully satisfied with correcting the accelerator problem that forced a mass recall of its vehicles. The cars that might be shelved include RAV4 2010, Auris 2010 and the Auris Hybrid.

However, the Japanese automaker is hopeful about regaining sales in North America in March after a sharp decline last month when the automaker suspended sales of 8 recalled models.

In January, Toyota suspended the sale of 8 models to correct sticking accelerator pedals. The models affected in the sales suspension were RAV4 crossover (2009–2010), Corolla (2009-2010), Matrix (2009–2010), Avalon (2005–2010), Camry (2007–2010), Highlander (2010), Tundra (2007–2010) and Sequoia (2008–2010). So far, Toyota has recalled 8.5 million vehicles.

In February, the automaker’s sales fell 9% to 100,027 vehicles. According to Autodata Corp., the automaker’s U.S. market share fell to 12.8%, the lowest since

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Toyota Motors (TM) has decided to suspend sales of 8 models involved in another round of recalls for the company. 2.3 million vehicles are being recalled to correct sticking accelerator pedals on specific Toyota Division models, announced on January 21, 2010. Toyota noticed sticking accelerator pedal mechanisms in certain vehicles without the presence of floor mats. The models affected in the sales suspension were RAV4 crossover (2009-2010), Corolla (2009-2010), Matrix (2009-2010), Avalon (2005-2010), Camry (2007-2010), Highlander (2010), Tundra (2007-2010) and Sequoia (2008-2010).   Toyota plans to stop producing the vehicles for the week of February 1 to assess and coordinate activities. The plants affected are Toyota Motor Manufacturing, Canada (Corolla, Matrix, and RAV4), Toyota Motor Manufacturing, Indiana (Sequoia and Highlander), Subaru of Indiana Automotive, Inc. (Camry) Toyota Motor Manufacturing, Kentucky – Line 1 (Camry and Avalon) and Toyota Motor Manufacturing, Texas (Tundra).   In September of last year, ...

The Mint Leasing, Inc., provider of innovative leasing services to customers of franchised automobile dealers throughout the United States, announced that it has purchased fifty 2010 Toyotas (Camry and Corolla models) from a leading Houston Toyota dealer, utilizing its new and previously announced credit facility of up to $10 million. The vehicles have already been leased to a major automobile rental agency in San Antonio, Texas.

“This transaction follows the purchase and lease of sixty-one Toyota Corollas that was announced earlier this month and illustrates an improving business outlook for Mint Leasing that we expect to continue into 2010,” stated Jerry Parish, Chief Executive Officer of the Company. “The San Antonio auto rental agency selected Mint Leasing based upon the Company’s ability to provide competitive prices and tailor leasing terms to the customer’s specific requirements.”

“Our ability to close on the purchase and lease of several dozen vehicles on a timely basis

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Dr Stock Pick HOT News & Alerts!

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FREE Daily Stock Alerts From DrStockPick.com

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Tuesday Dec. 29, 2009

DrStockPick.com Stock Report!

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Cavitation Technologies, Inc. (OTC Bulletin Board: CVAT). CVAT’s CaviGulation system offers essentially complete disinfection (up 99.999 %) by killing bacteria and viruses. The system is primarily designed for physico-chemical reactions used in water treatment. CaviGulation is a complex process with a multitude of mechanisms operating synergistically to remove pollutants from the water. Furthermore, Cavitation Technologies is in discussions with Trinity Vendor Finance, a division of the Bank of the West and BNP Paribas Group to provide

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For Immediate Release

Chicago, IL – December 3, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Ford (F), Toyota (TM), Honda (HMC), Nissan (NSANY) and Automatic Data Processing (ADP).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Wednesday’s Analyst Blog:

U.S. Auto Sales Reach Bottom?

The U.S. auto industry posted a flat November sales at 742,925 vehicles compared to the year-ago level, suggesting the market has bottomed. The seasonally adjusted rate was 10.9 million vehicles compared 10.4 million vehicles in November last year. Sales of cars and light trucks dipped 3% to

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The U.S. auto industry posted a flat November sales at 742,925 vehicles compared to the year-ago level, suggesting the market has bottomed. The seasonally adjusted rate was 10.9 million vehicles compared 10.4 million vehicles in November last year. Sales of cars and light trucks dipped 3% to 566,365 vehicles. Automakers tried to regain sales through discounts and higher sales incentives. According to the auto information website Edmunds.com, sales incentives increased 2% to $2,713 per vehicle during the month. However, this has not proved very helpful in melting the ice. The high unemployment rate was cited as the primary factor behind the lagging sales. Among the U.S. automakers, Ford (F) succeeded in sustaining a strong position in the market by posting flat sales at 122,846 vehicles during November. The automaker’s sales of crossovers, which imitates SUVs but with a higher fuel-efficiency, grew 26%. Its car sales rose ...

The bankruptcies of Chrysler Group LLC and General Motors Corp. (NYSE: GRM) provided Toyota Motor Corp. (NYSE ADR: TM) with an unparalleled opportunity to increase U.S. market share. But now patent-infringement claims could result in a U.S. import ban on some of the company’s most popular hybrid cars.

McLean, Virginia-based Paice LLC has filed a complaint with the U.S. International Trade Commission (ITC) that claims the Toyota Camry infringes on its patents, Bloomberg News reported. An investigation into the claim could be completed within 15 months and result in a ban of some Toyota imports.

Paice, a developer of hybrid electric power train technology, in 2005 won a similar case against Toyota involving the Japanese carmaker’s Prius, Highlander and Lexus RX400h hybrid models. Paice claimed those vehicles used its drivetrain technologies, and a jury agreed, awarding the company $4.3 million

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Toyota Motor (TM) has released its plan to raise production in the U.S. for its pickup trucks as well as fuel-efficient cars by the end of 2009. A recovery in the housing sector and an immense demand generated by the Cash for Clunkers program are the key factors behind the increase in production. Toyota ’s full-sized pickup truck Tundra and mid-sized pickup truck Tacoma saw excellent sales in August. Tundra had its best monthly sales of the year at 7,872 units. Meanwhile, Tacoma sales were up 5% year-over-year to 12,547 units. The increase suggested an improvement in housing demand, as pickups are essentials in the construction industry. Toyota will raise manufacturing capacity of the Tacoma at a California plant. In the meantime, Tacoma production will be shifted to San Antonio, Texas (where Tundra pickups are produced) to ease the transition. Over the coming months, production of ...