Shares of Toyota plunged as much as 13 percent on Friday after the carmaker shocked investors with a warning that profits this year would hit a 13-year low amid the global economic downturn.
It's a five-door Yaris but not as you would know it!
The once mighty Toyota profit machine tumbled to a rare loss in North America, sending President Katsuaki Watanabe into crisis mode as he slashed sales and profit predictions.
Toyota Motor Corp. tumbled to a rare loss in North America during the first half of its fiscal year, sending President Katsuaki Watanabe into crisis mode as he slashed the company's outlook. Toyota now expects global operating profit to plummet 73.
Toyota Motor Corp. tumbled to a rare loss in North America during the first half of its fiscal year, sending President Katsuaki Watanabe into crisis mode as he slashed the company's outlook. Toyota now expects global operating profit to plummet 73.
Toyota has announced an eye-watering re-assessment of its fiscal year 2009 profitability after first-half operating and net profits plunged 54.2% and 47.6% respectively.
Toyota on Thursday slashed its annual operating profit forecast by more than half as the financial crisis hits auto demand, cuts access to credit and sends the yen higher.
The Toyota profit machine tumbled to rare losses in North America and Europe, sending President Katsuaki Watanabe into crisis mode as he slashes the company's outlook. Toyota now expects global operating profit to plummet 73.6 percent to 600.
This week, Auto123.com features the following road tests: The Ford Mustang Bullitt, a 300-horsepower machine that will take you back to the epic days of Steve McQueen. The 2009 Nissan Murano, a 5-seat SUV whose futuristic design is still turning heads. The Volvo C30 T5 R-Design, a compact hatchback coupe combining luxury and power. Don't miss the video filmed just a few days ago when we tested the 2009 Toyota Venza. Discover the features of this modern SUV, tested for you in Pennsylvania.
Toyota subsidiary Daihatsu has announced its group net profit for the April-September period surged 35.6% to 17.14 billion yen.
Toyota and Hyundai are to make significant new investments in Turkey according to a Turkish media report.
Toyota Motor has again cut its 2008 forecast for US sales and extended zero-interest deals due originally to end on Monday.
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Toyota Motor (TMC) on Wednesday said it would spend about JPY68bn ($US689m) on the second Toyota Kirloskar Motor (TKM) plant in India.
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Toyota Motor Corp. lowered its 2008 U.S. sales forecast to a range of 2.2 million to 2.3 million units after it saw October sales drop 26 percent. Bob Carter, General Manager of Toyota's U.S.
Toyota Motor Corp. lowered its 2008 U.S. sales forecast to a range of 2.2 million to 2.3 million units after it saw October sales drop 26 percent. Bob Carter, General Manager of Toyota's U.S.
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Auto sales at General Motors, Ford Motor Co. and Toyota Motor Corp. plunged in October as the U.S. industry braced for what may be the weakest monthly sales report in a quarter century. GM plummeted 45 percent from a year earlier.
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Ford Motor Co. posted a 32 percent decline in U.S. sales in October as the industry braced for what may be weakest monthly sales report in 25 years. Ford sold 132,248 cars and trucks last month, down from 194,617 a year earlier.
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