1. Welcome to Tacoma World!

    You are currently viewing as a guest! To get full-access, you need to register for a FREE account.

    As a registered member, you’ll be able to:
    • Participate in all Tacoma discussion topics
    • Communicate privately with other Tacoma owners from around the world
    • Post your own photos in our Members Gallery
    • Access all special features of the site

Dana pays $25 million to Toyota to settle Tacoma claim

Discussion in '2nd Gen. Tacomas (2005-2015)' started by HogTaco, Jan 13, 2011.

  1. Jan 13, 2011 at 4:06 PM
    #1
    HogTaco

    HogTaco [OP] Well-Known Member

    Joined:
    Dec 29, 2010
    Member:
    #48388
    Messages:
    47
    Gender:
    Male
    Northwest Arkansas
    Vehicle:
    2011 Access Cab 2.7 2WD AT
    Bed Mat, OEM Running Boards, Ultra-Gauge.
    http://www.reuters.com/article/idUSTRE70B7KZ20110112

    Wed, Jan 12 2011
    DETROIT (Reuters) - Auto parts manufacturer Dana Holding Corp (DAN.N: Quote, Profile, Research, Stock Buzz) will pay $25 million to Toyota Motor Corp (7203.T: Quote, Profile, Research, Stock Buzz) as part of a settlement for Tacoma truck frames that rusted out and had to be covered by warranty.
    Maumee, Ohio-based Dana sold the plants that manufactured the Tacoma frames as part of a March 2010 asset sale to Metalsa, a subsidiary of the privately held Mexican industrial group, Grupo Proeza.
    The auto supplier said its payment to Toyota would result in a $25 million charge to fourth-quarter earnings.
    In 2008, Toyota was forced to extend the warranty terms for Tacoma trucks manufactured from 1995 to 2000.
    In 2009, the Japanese automaker recalled about 110,000 Tundra pickup trucks in cold weather states because of the risk that exposure to road salt could cause corrosion on part of the frame. The frame on those trucks also was built by Dana.
    Toyota was Dana's second-largest auto customer in 2009, the most-recent year for which data is available.
    Toyota accounted for up 6 percent of Dana's sales from continuing operations that year, topped only by Ford Motor Co (F.N: Quote, Profile, Research, Stock Buzz) at 20 percent.
    Dana supplies axles, driveshafts and aftermarket parts for autos, commercial trucks and heavy-duty construction equipment.
    The company said separately on Wednesday that it expected to post a 10 percent revenue gain in 2011, in line with the growth projected in its global markets.
    Preliminary results for 2010 showed Dana had revenue of $6.1 billion and income from continuing operations of about $115 million.
     
  2. Jan 13, 2011 at 4:45 PM
    #2
    Toyo_Jet

    Toyo_Jet Well-Known Member

    Joined:
    Nov 26, 2009
    Member:
    #26544
    Messages:
    51
    Gender:
    Male
    First Name:
    Shane
    Flatlands of Indiana
    Vehicle:
    10 4X4 V6 SR5 access Cab
    Who made the frame for the 2nd Gen trucks?
     
  3. Jan 13, 2011 at 5:44 PM
    #3
    buddywh1

    buddywh1 Well-Known Member

    Joined:
    Apr 23, 2010
    Member:
    #35825
    Messages:
    1,452
    Gender:
    Male
    Philly PA
    Vehicle:
    07 DC SR5 4x4
    Metalsa?
     
  4. Jan 13, 2011 at 5:50 PM
    #4
    beckleyota

    beckleyota Well-Known Member

    Joined:
    Nov 26, 2009
    Member:
    #26546
    Messages:
    155
    Gender:
    Male
    wv
    Vehicle:
    o7 taco
    vent visors,tint,kenwood headunit, trex eyelids,kenwood componants,5100's,1 aal,cabellas seatcovers,painted stereo suround
    so why do ford frames not rust as bad if there made by the same people???
     
  5. Jan 13, 2011 at 5:53 PM
    #5
    vtragweed

    vtragweed Beef Slut

    Joined:
    Aug 10, 2008
    Member:
    #8454
    Messages:
    1,621
    Gender:
    Male
    First Name:
    Willie
    VA
    Vehicle:
    08 2.7 SR5 Debadged
    afe pro-dry s filter, LCE headers, painted black steelies,color matched grill surround, URD short shifter, UWS black tool box
    Ford frames are e-coated for rust prevention
     
  6. Jan 13, 2011 at 5:55 PM
    #6
    buddywh1

    buddywh1 Well-Known Member

    Joined:
    Apr 23, 2010
    Member:
    #35825
    Messages:
    1,452
    Gender:
    Male
    Philly PA
    Vehicle:
    07 DC SR5 4x4
    How do you know they don't? Any numbers?

    How many rust-throughs for 2005 Tacoma's vs. 2005 F150's...let's hear 'em!
     
  7. Jan 13, 2011 at 6:00 PM
    #7
    Dark Knight

    Dark Knight Well-Known Member

    Joined:
    Jul 18, 2008
    Member:
    #8006
    Messages:
    9,591
    Gender:
    Male
    First Name:
    Jeff
    NC/SC
    Vehicle:
    4Runner Trail
    lol 2001+ are not involved in the recall as far as i know.
     
  8. Jan 13, 2011 at 6:03 PM
    #8
    malander

    malander That's some tight butthole

    Joined:
    May 6, 2010
    Member:
    #36656
    Messages:
    2,424
    Gender:
    Male
    First Name:
    max
    Missouri
    Vehicle:
    01 limited trd 4x4
    deck plate mod,jba cat back,bilstein 5100's,ome 883 springs, Allpro expos, allpro U-bolt flip kit, 10" Bilstien 5150 shocks, custom lower shock mounts
    but 2001s still rust out
     
  9. Jan 13, 2011 at 6:08 PM
    #9
    Leggo

    Leggo slow is smooth, and smooth is fast.

    Joined:
    Dec 16, 2010
    Member:
    #47805
    Messages:
    2,420
    Gender:
    Male
    First Name:
    Steve
    Newton,Ma.
    Vehicle:
    10 TRD Sport AC 4x4 MGM
    Kenwood HU,Infinity Kappa speakers (x4), Infinity reference tweeters(x2),10" Kicker sub, Box by Subthump, Infinty Five channel amp,DVD anytime bypass, DTRL Mod, Xtang trifecta, Fogs anytime Mod, Bed Mat,Westin running boards, Console vault, Maglite mod, Weathertechs,Autopage remote starter, Power tailgate lock, HID Bi Zenon, Hella Supertones,Rain guards,Rear leaf TSB,Steering shaft TSB, Fisher Homesteader plow, 886 reverse lights mod, Redline Hood struts, Hankook Dynapro ATM LT265/70R17, power sliding rear window, Auto dimming/on anytime Bed lights, Blue Sea fuse panel & 100amp Breaker, de- badged,Rear headrest's removed, imMrYo mirror relocation,Homeroshi grill
    I had an 03 and the dealer volunteered to do a "hammer test" on the frame when I was in for a ball joint recall. They said it was fine.
     
  10. Jan 13, 2011 at 6:14 PM
    #10
    KenLyns

    KenLyns Lord of War

    Joined:
    May 23, 2010
    Member:
    #37674
    Messages:
    25,153
    Gender:
    Male
    Belly of the Beast
    Vehicle:
    4x4 TRD Off Road Full-Auto
    All-Pro Bumper, CBI Sliders, Icon Coilovers, BudBuilt Skids, aFe Intake, Icon VS Rear Shocks, Timbren Bumpstops, All-Pro UCAs, JDM Steering Wheel, ViAir Compressor, Klearz LED 3rd Brake Light, Pop-N-Lock Tailgate Handle, Husky Front Flaps
    Hino makes the frame for all current Toyota body-on-frame models (Taco, 4Runner, FJ, GX460...)
     
  11. Jan 13, 2011 at 6:28 PM
    #11
    buddywh1

    buddywh1 Well-Known Member

    Joined:
    Apr 23, 2010
    Member:
    #35825
    Messages:
    1,452
    Gender:
    Male
    Philly PA
    Vehicle:
    07 DC SR5 4x4
    The same Hino that's a division of Toyota??
     
  12. Jan 13, 2011 at 6:30 PM
    #12
    gusotto

    gusotto gusotto

    Joined:
    Dec 13, 2009
    Member:
    #27502
    Messages:
    288
    Gender:
    Male
    First Name:
    Gary
    Iowa
    Vehicle:
    2001 Tacoma 4X4 SR5 Extended Cab
    2001-2004 are involved but it's called an "Extended Warranty."
    They get the new frame replacement.
    A recall goes through other legal matters.
    Easier with calling it an "Extended Warranty."
    Plus my frame warranty goes to 2016, now that I've had it in the dealership.

    My frame (2001) failed and was replaced. Just last January.
    Been a year now with no problems and the truck acts like a new truck (except there aren't any loan payments.)
     
  13. Jan 13, 2011 at 6:32 PM
    #13
    gptoy

    gptoy 09 TRD Sport

    Joined:
    Nov 10, 2009
    Member:
    #25704
    Messages:
    146
    Gender:
    Male
    Grande Prairie, Alberta, Canada
    Vehicle:
    09 Tacoma TRD Sport
    265/70 Duratracs
    Up to 04 is included, 95.5-00 are straight buy backs if there's an issue, 01-04 are frame replacements if perforated, undercoated if no perforation.
     
  14. Jan 13, 2011 at 6:36 PM
    #14
    beckleyota

    beckleyota Well-Known Member

    Joined:
    Nov 26, 2009
    Member:
    #26546
    Messages:
    155
    Gender:
    Male
    wv
    Vehicle:
    o7 taco
    vent visors,tint,kenwood headunit, trex eyelids,kenwood componants,5100's,1 aal,cabellas seatcovers,painted stereo suround
    the toyota ecoat must b different from the ford ecoat
     
  15. Jan 13, 2011 at 6:40 PM
    #15
    KenLyns

    KenLyns Lord of War

    Joined:
    May 23, 2010
    Member:
    #37674
    Messages:
    25,153
    Gender:
    Male
    Belly of the Beast
    Vehicle:
    4x4 TRD Off Road Full-Auto
    All-Pro Bumper, CBI Sliders, Icon Coilovers, BudBuilt Skids, aFe Intake, Icon VS Rear Shocks, Timbren Bumpstops, All-Pro UCAs, JDM Steering Wheel, ViAir Compressor, Klearz LED 3rd Brake Light, Pop-N-Lock Tailgate Handle, Husky Front Flaps
    Yes. I guess you can say the 2nd gen. Tacoma and 3rd gen. Tundra are real trucks. :)

    Hino has the Tundra on its web site:

    [​IMG]
     
  16. Jan 13, 2011 at 6:43 PM
    #16
    Jason'sLawnCare

    Jason'sLawnCare Prepared for Bambi

    Joined:
    Apr 12, 2009
    Member:
    #15878
    Messages:
    12,365
    Gender:
    Male
    First Name:
    Jason
    Jacksonville Florida
    Vehicle:
    08 4x4 Double Cab TRD Rugged Trail
    CBI Moab 2.0, CBI Trail Rider 2.0, CBI sliders w/kickout, Superwinch EPi9.0S, OME sport shocks w/886 coils, OME n182, 1.5" aal, JasonBuilt 3/16th full belly skid, BuiltRight uca, Body Mount Chop, 285/75/16 km2's, Rear cat delete, exhaust crossover rerouted, Fog light anytime, Locker mod, Rear leaf tsb, Debadged, Uws Tool Box, Electric Exhaust Cutout, AFE Pro Dry S, Kiwi Wifi, Diff Breather Relocated, Grom Ipod Adapter, Dual Diehard platinum batteries isolated by BlueSea marine switch
    :laugh:
     
  17. Jan 13, 2011 at 7:05 PM
    #17
    Enzo

    Enzo Well-Known Member

    Joined:
    Sep 6, 2010
    Member:
    #42815
    Messages:
    1,378
    Gender:
    Male
    First Name:
    Opie
    Bedford, Va
    Vehicle:
    2012 FJ Cruiser
    2012 FJ Cruiser Maggiolina Medium Grand Tour w/winter hood National Luna dual battery split charging system ABR Sidewinder Aux battery tray ARB 50qt Fridge w/Transit Bag Bajarack flat rack w/ladder Crawlarado flat black hood blackout TRD exhaust Trasharoo Outback FJ roof console
    I just noticed today that my frame has some rust spots on it! This is retarded, the more I take care of this truck-the more it let's me down. WTF
     
  18. Jan 13, 2011 at 7:13 PM
    #18
    BlueT

    BlueT Well-Known Member

    Joined:
    Mar 30, 2009
    Member:
    #15341
    Messages:
    5,645
    Gender:
    Male
    NorthEast
    Vehicle:
    07 Dbl Cab LB with LSD
    I moded 1999 Taco so much it had turned to Land Cruiser
    I dont think so. I think our trucks still have Dana frames. Now with Tacoma manufactured in Texas it will change but everything made in Cali is most likely Dana.
     
  19. Jan 13, 2011 at 7:16 PM
    #19
    KenLyns

    KenLyns Lord of War

    Joined:
    May 23, 2010
    Member:
    #37674
    Messages:
    25,153
    Gender:
    Male
    Belly of the Beast
    Vehicle:
    4x4 TRD Off Road Full-Auto
    All-Pro Bumper, CBI Sliders, Icon Coilovers, BudBuilt Skids, aFe Intake, Icon VS Rear Shocks, Timbren Bumpstops, All-Pro UCAs, JDM Steering Wheel, ViAir Compressor, Klearz LED 3rd Brake Light, Pop-N-Lock Tailgate Handle, Husky Front Flaps
    Hino has a plant in Cali that makes Toyota parts.
    http://www.hinointl.com/locations.html

    Production Capacity:
    * Location: Ontario, California
    * Manufacturing Plant Size: 226,940 ft2
    * Start of production: October 2004
    * Products: Toyota components and Hino trucks
    * Production capacity: Toyota Components = 200,000 units / year (two shifts)
    * Employment: 230 people
    * 345,000 units/year (two shifts, normal operation)
     
  20. Jan 14, 2011 at 4:18 AM
    #20
    buddywh1

    buddywh1 Well-Known Member

    Joined:
    Apr 23, 2010
    Member:
    #35825
    Messages:
    1,452
    Gender:
    Male
    Philly PA
    Vehicle:
    07 DC SR5 4x4
    Don't you wax and polish your frame? :D
     
To Top