DAILY: Jackson to step down as Obama's EPA chief | Japan's yen offensive may give Toyota edge over Hyundai | Toyota settlement could yield $200M for plaintiffs' lawyers

DAILY NEWSLETTER December 27, 2012

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Jackson to step down as Obama's EPA chief Environmental Protection Agency chief Lisa Jackson, one of the key players in raising federal fuel-efficiency standards to 54. ... >> story  Published: Dec 27 11:37 am U.S. Eastern time / UPDATED: 12/27/12 4:07 pm ET - adds link NEWS ANALYSIS Japan's yen offensive may give Toyota edge over Hyundai A continued slide in the Japanese yen could tip the competitive balance on pricing back in favor of Toyota and away from its toughest and fastest-rising global competitor, Hyundai Motor -- a new dynamic that would likely be repeated across other Japanese export industries. ... >> story  Published: Dec 27 9:00 am U.S. Eastern time Toyota settlement could yield $200 million for plaintiffs' lawyers Plaintiffs' lawyers are seeking up to a $200 million cut from Toyota's agreement to settle unintended acceleration claims for millions of its vehicles in the United States in 2009-2010. ... >> story  Published: Dec 27 8:49 am U.S. Eastern time Toyota to settle U.S. unintended acceleration claims for at least $1.1 billion Millions of vehicles to get brake override systems; Total costs could reach $1.4 billion, lawyers say Toyota is setting aside $1.1 billion to settle various lawsuits and other claims in the United States stemming from reports of unintended acceleration that plagued the automaker in 2009-2010. ... >> story  Published: Dec 26 5:03 pm U.S. Eastern time / UPDATED: 12/27/12 7:30 a.m. ET - adds links to settlement Automotive News Blogs Larry P. Vellequette is a reporter for Automotive News. I'm not the only C-Max driver disappointed with its mpg Apparently, it wasn't just me. A lawsuit seeking class-action status has been filed against Ford for what the suit alleges are inflated mileage claims for the 2013 Ford C-Max Hybrid. The suit, filed this month in California, is on behalf of consumers who -- like a growing list of automotive media testers including Consumer Reports -- have been unable to get anything close to the C-Max Hybrid's promised fuel economy. ...  Read the blog  Published: Dec 27 7:53 am U.S. Eastern time

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