The process of fixing the recalled vehicles is the primary objective for Toyota dealers this week, as the company has set things in motion for them and its customers in the US.

The swappage scheme introduced by Vauxhall will be running by the end of this March. According to this scheme, an extra £1,000 discount was offered over the government's own scrappage scheme.

In his latest statement, Mr. Akio Toyoda, President of Toyota Motors, tried every possible way to make the public believe that "Toyota cars are safe." Making an excuse for the safety problem that put the manufacturer into hot water, he admits that the company is considering another recall due to a brakes problem in its popular Prius Hybrid car.

Striving to consolidate its research and design operations, Fisker Automotive Inc. is moving about 30 members of its staff from the U.S. state of Michigan to its California facility.

The British government's scrappage scheme lowered new cars demand for 7 months in a row. While, in January the sale increased by almost a third.

As the Toyota Prius hybrid is already under investigation over complaints of slipping brakes, another revealing statement comes from Toyota stating that it had previously conducted a software fix to solve the problem without informing the customers of the change. The company admits to be unsure of how to handle a large number of already-delivered Prius cars without a proper software fix being made.

Now the focus of the U.S. Transportation's investigations, regarding the problems with unintended acceleration, is not only restricted to Toyota, as they have started examining other car makers as well.

Confusion and curiosity is growing as the new reports regarding the recall issue keep surfacing. A recent report claims that both Toyota Motors Corp. and the National Highway Traffic Safety Administration had known since 2007 of unintended acceleration reports in Lexus ES-350 models in Ohio.

It is now more than likely Toyota Motor Corp. will announce a recall of the 2010 Prius hybrid in the US and Japan, to deal with complaints regarding the faulty brakes, after investigations were ordered by the transportation authorities in both countries.

As per the recent statement given by its Financial Services, GMAC is all set to take advantage of booming opportunities in the auto finance business worldwide. GMAC has been aided by U.S Treasury Department since last month in this endeavor.