JM Family Enterprises Inc., owner of the distributor that accounts for 16 percent of Toyota sales in the United States, has dismissed 500 employees because of the shrinking auto market.
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JM Family Enterprises Inc., owner of the distributor that accounts for 16 percent of Toyota sales in the United States, has dismissed 500 employees because of the shrinking auto market.
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Toyota Motor has denied a Japanese media report it has found ways to save another JPY100bn ($US1bn) this business year, or a third more than initially planned.
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The Obama administration task force working to restructure General Motors and Chrysler LLC will meet with a top U.S. executive of Toyota Motor Corp., a spokeswoman for the Japanese automaker said Wednesday. Jim Lentz, president of Toyota's U.S.
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Although stability control is a welcome addition to the complete Corolla range, it adds about $300 to the price of the CE model's Enhanced Convenience Package. That means the less expensive Corolla with the VSA system will cost $18,155.
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There are many good reasons why drivers have made the Canadian-built Toyota Corolla one of the country's best-selling passenger cars - not least of which is an impressive list of more than 100 improvements on the current, 10th generation model, which the Automobile Journalists Association of Canada named its 2009 Best New Small Car under $18,000, and one of three finalists for AJAC's Canadian Car of the Year.
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The Obama administration task force working to restructure General Motors and Chrysler LLC will meet with a top U.S. executive of Toyota Motor Corp., a spokeswoman for the Japanese automaker said today. Jim Lentz, president of Toyota's U.S.
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The Obama administration task force working to restructure General Motors and Chrysler LLC will meet with a top U.S. executive of Toyota Motor Corp., a spokeswoman for the Japanese automaker said today. Jim Lentz, president of Toyota's U.S.
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Ford, Toyota and General Motors sales plunged more than 39 percent last month in what early reports indicated was the weakest February sales performance in at least 34 years.
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Toyota Motor expects a 30% drop in the overall European car market this year.
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Ford Motor Co.'s U.S. sales dropped 48.5 percent last month and Toyota fell 39.8 percent as the industry braced for what may be the weakest February sales total in at least 34 years.
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Ford, Toyota and General Motors sales plunged more than 39 percent last month in what early reports indicated was the weakest February sales performance in at least 34 years. GM, which is staying afloat with U.S. loans, dropped 53.1 percent.
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Toyota has confirmed it was after a government loan for its financing unit but declined to give details, saying they had not been decided.
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Toyota will do all it can to avoid job losses at its UK factory in Burnaston, Derbyshire, as the global financial crisis puts the squeeze on car sales and workers may even be employed temporarily at the company's other factories around Europe until demand for the Avenis and Auris models picks up.
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In unveiling the larger, redesigned Verso medium minivan, Toyota hopes that the new vehicle will cover the turf currently occupied by both the Corolla Verso and Avensis Verso.
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In unveiling the larger, redesigned Verso medium minivan, Toyota hopes that the new vehicle will cover the turf currently occupied by both the Corolla Verso and Avensis Verso.
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Toyota will import 150 units of the Prius plug-in hybrid with lithium-ion batteries for testing in the European market this year. It will import an additional 350 plug-in units in 2010, Toyota Motor Europe CEO Tadashi Arashima said.
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Toyota will import 150 units of the Prius plug-in hybrid with lithium-ion batteries for testing in the European market this year. It will import an additional 350 plug-in units in 2010, Toyota Motor Europe CEO Tadashi Arashima said.
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