Toyota Loses Quality Grade

Mag denies carmaker rubber stamp as Ford, US cars close reliability gap
By Nick McMaster,  Newser Staff
Posted Oct 16, 2007 8:16 PM CDT
A man sits in the Harrisburg Toyota showroom in Harrisburg, Pa., Friday, Sept. 28, 2007. Retail sales posted a stronger-than-expected gain and prices at the wholesale level jumped up significantly in...   (Associated Press)
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(Newser) Consumer Reports' annual reliability survey won't rubber stamp Toyotas with a high grade anymore, the Wall Street Journal reports. Recent low marks for the Camry V-6 and Tundra V-8 have robbed the carmaker of its automatic okay, while Ford and other US firms are closing the reliability gap. Toyota's other recent problems include a rash of defections and declining sales.

But Asian cars still rank best in overall reliability, and Toyota is third-most reliable after Honda and Subaru. "We believe Toyota is aware of its issues and is trying to fix problems quickly," says a Consumer Reports director.The carmaker now has to submit "reliability data" for each model to receive a grade from the mag. Deemed least reliable by Consumer Reports was Land Rover, a brand that Ford is trying to sell.