Volkswagen forecast operating profit would rebound this year amid rising sales volumes as it continues its quest to dethrone Toyota Motor Corp. from the automotive industry's top spot.
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China's product safety watchdog on Friday warned drivers of imported Toyotas to have their cars checked for possible defects, following the recall of millions of vehicles worldwide.
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A US Senate committee will ask Toyota Motor executive vice president Shinichi Sasaki to testify at a hearing next Tuesday covering the recent recalls.
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Toyota Motor President Akio Toyoda has ordered the creation of a temporary task force to improve internal and external communication as the automaker seeks to restore confidence in its damaged reputation.
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Toyota has set up an office to improve information disclosure in view of mounting criticism in the United States over massive recalls of Toyota vehicles.
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Toyota has set up an office to improve information disclosure in view of mounting criticism in the United States over massive recalls of Toyota vehicles.
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Blainville, Quebec -- Toyota is multiplying efforts to restore its reputation as a quality brand. After announcing one of the largest auto recalls in history, mainly to fix a questionable throttle mechanism, the Japanese automaker now needs to regain the trust of consumers.
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It sure seems like the folks at Lexus had a strange epiphany. While most premium car makers offer mastodons that can barely withstand a little country dirt, Toyota's luxury division has endowed the redesigned GX with some of the best off-road capabilities in the business.
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Reacting to criticism that data from black-box crash recorders in its vehicles can be accessed only by the company, Toyota Motor Corp.
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Toyota Motor Corp. vehicles have been the focus of more unintended acceleration complaints in the United States than any other major automaker in the past five years, a new study shows.
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U.S. auto sales in February are expected to rise from a year ago, but the pace of recovery likely slowed from last month with consumers sidelined by Toyota Motor Corp.'s recalls, an industry forecaster said today.
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Reacting to criticism that data from black-box crash recorders in its vehicles can be accessed only by the company, Toyota Motor Corp.
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Toyota Motor has taken possession of the Lexus sedan driven by Rhonda Smith, who testified at a congressional hearing on Tuesday about an incident of sudden acceleration.
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Asbury Automotive Group expects Toyota Motor Corp. to begin offering a "bold" and "aggressive" program of incentives to win back business lost because of its recalls, the dealership group's CEO said today.
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Toyota Motor Corp. President Akio Toyoda told lawmakers yesterday he first learned of problems with unintended acceleration only in late 2009 despite thousands of U.S. consumer complaints over the previous decade.
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Toyota Motor Corp.'s top executives acknowledged to lawmakers yesterday that the company has been deficient in sharing safety-defect information with countries outside the area in which it was discovered.
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The US offices of three Japanese automotive parts suppliers to Toyota - Denso, Tokai Rika and Yazaki - were raided on Tuesday by the Detroit office of the FBI over allegations of price-fixing, media reports said.
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Analysts at JD Power are warning that while February's US light vehicle market is likely to come in higher than last year's, seasonally adjusted sales are forecast to be down on the recent trend as the market suffers the effects of the Toyota recalls and winter storms.
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