Even what appear to be the smallest problems can turn out to have huge impacts: just ask Toyota, who has initiated a recall of about 3.8 million Toyota and Lexus vehicles because of a problem with the driver’s side floor mat. The recall will be the largest safety-related recall for Toyota and the sixth-largest auto recall ever in the United States.
According to several reports, the affected vehicles have had several instances of the accelerators sticking to the floor mats, which then caused sudden, uncontrollable acceleration of the vehicles. This has led to as many as 30 crashes since 2004 that …read more

A dangerous flaw in several hundred thousand Honda vehicles’ airbag inflation mechanisms has forced the Japanese automaker to issue a recall for the affected vehicles, which it widened today to include another 440,000 cars. The 2001-2002 Honda Accord, the 2001 Civic, and the 2002-2003 Acura TL have all been mentioned in the recall report.
 
According to Honda, 6 people have already been injured and 1 person has died due to the error. Fixing the faulty airbag mechanism will involve replacing the airbag inflator for the airbag mounted on the steering wheel. The error causes the airbag inflator to increase pressure on …read more

February was definitely not a good month for the automobile industry in America.
It may not surprise anyone that cars aren’t selling well right now, but most Americans may not realize just how bad the situation really is.he official numbers will be announced later today, but analysts predict that February 2009 sales were at a 27-year low, according to Reuters.
This is down from January sales of just 9.57 million units, which was the lowest number sold since 1982. All of the major auto manufacturers in the United States have cut back on production numbers, and foreign companies like Toyota and Nissan …read more

During the residential real estate boom times, home prices in California soared sky-high. Homeowners sat back and watched their homes double, even triple in value seemingly overnight.
 
Those days are over.
 
In another sign that the housing industry’s woes aren’t a quick blip, the California Association of Realtors last week announced that sales this September in the state dipped 38.9 percent from the same month last year. Sales dropped 14.9 percent from August of this year to September alone.
 
In even worse news, the association reported that the median price in September of an existing single-family home in California came in at $530,830, …read more