Toyota will be recalling certain Toyota and Lexus hybrid vehicles for a problem with the propulsion system that could lead to the vehicle entering a fail safe/limp home mode. The dirvability of the vehicle could be limited resulting in an unexpected stall, increasing the risk of an accident. Approximately 133,081 vehicles could be affected by this problem. Continue reading

Automobile leasing has traditionally been used by high end automakers as a way of making their vehicles more accessible for consumers. High used car prices, low interest rates and Americans’ tendency to buy vehicles based on monthly payments, now has automakers using the strategy to sell more moderately priced vehicles as well. This selling tactic has resulted in strong sales with leases accounting for approximately 26 percent of new vehicles purchased, the highest it has been since 2007. Continue reading