Auto Tidbits….
Wanna win $1 million??? Well, just figure out a cause and solution to the acceleration problem with Toyota vehicles. It’s as simple as that. Edmunds.com is launching a competition open to the public. You don’t need to be a mechanic to enter. Just get to the cause and then explain it to them, and you are all set and $1 million richer. Well seriously the details are still being worked out but that’s the jist of the competition. This could seriously help Toyota, since they really can’t figure out how to fix this problem themselves!
The new Ford Focus wagon will begin production later this year, and will be sold in Europe. The U.S. will probably not be getting any of these wagons. The interest in wagons here in the U.S. is not very strong, which is probably smart on Ford’s part. It might be a waste of money.
Surprisingly, the sales of Toyotas have not been as bad as you would have thought. According to Kelley Blue Book, Toyota’s car values are down about 2 to 3 percent and won’t go below 10 percent. There were steep drops in January right after the recalls were announced, but there haven’t been anymore drops and the prices are staying pretty resilient right now. Good news for Toyota, now hopefully someone can win the edmunds.com competition and fix all of Toyotas problems!