Toyota Motor is looking to drastically reduce its recruitment levels over the next year, according to a report today, with the Japanese company looking to take on about 1,400 full-time employees in the fiscal year starting from April.
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London car show is axed due to economic down – but might return in 2012

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Chinese automaker Chery Automobile is still interested in acquiring a foreign car brand but isn't interested in a major contest to do so, its top executive said on Thursday.
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ISTANBUL (Reuters) -- Turkey will introduce new incentives in April that will grant the country's automotive sector "privileged status," Industry Minister Zafer Caglayan said on Thursday.
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Vauxhall sticks the boot into its V6 turbo high performance flagship

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Volkswagen group's Spanish unit, Seat, could build the new Audi Q3 SUV after a majority of workers accepted a two-year salary freeze. VW has asked Seat workers to accept a pay freeze in exchange for an order for a new car model.
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The 2010 British motor show is yet another casualty of the global economic downturn that has buffeted the auto industry particularly hard.
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Chery Automobile has announced the launch of two new sub-brands in China - Riich for high-end, luxury models and Rely for business vehicles.
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Chery Automobile and Fiat have postponed plans to begin building cars for the Chinese market this year because of the global economic downturn, a Chery spokesman said on Thursday.
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The Internet is coming to Cadillac.
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Buick and Jaguar shared first place for brands with the most-dependable vehicles in a study released Thursday, ending Lexuss 14-year reign.
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Production at Volkswagen's Slovakian unit fell to 188,000 cars in 2008 from 249,000 in 2007, a senior executive has said, with demand seen again falling this year.
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Toyota's Turkish factory is not planning to axe any of its 3,000 workers, Toyota Europe executive vice-president Hiroyuki Ochiai said at a plant event on Thursday.
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Opel's German dealers could take a blocking minority in the carmaker jointly with the company's 25,000 workers there, but they made their aid dependent on the government stepping in to help.
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Ford of Europe supports General Motors' appeal for financial help from European governments for its ailing Opel/Vauxhall unit.
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Ford of Europe supports General Motors' appeal for financial help from European governments for its ailing Opel/Vauxhall unit.
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The 2010 British auto show has been canceled by its organizers.
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The 2010 British auto show has been canceled by its organizers.
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French supplier Plastic Omnium is keeping a close eye on accounts receivable from a pair of American automakers as the March 31 deadline approaches for General Motors and Chrysler to prove their viability to the U.S. government.
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The 2010 British British International Motor Show has been axed, the Society of Motor Manufacturers and Traders (SMMT) said on Thursday.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up