Toyota's Thai unit might offer another round of early retirements after January operating results are released in mid-February.
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Ford Motor Co. said U.S. sales fell 41.6 percent in January and Toyota reported a 31.7 percent drop, kicking off what analysts expect to be the industry's fourth straight monthly decline of more than 30 percent.
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According to the Swiss publication Motorsport Aktuell, Williams and Toyota believe their controversial diffuser designs for 2009 are legal, and it is likely the FIA will not intervene.
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When Joey Logano climbs into the No. 20 Toyota for the 51st running of the Daytona 500 on February 15, he will make history as the youngest driver to start the famed event.
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Toyota Motor Europe (TME) has named Masato Katsumata senior vice-president of research & development (R&D), effective from 1 February.
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With steely stares and clenched hands, the drivers peer from their crash helmets as the race marshal slowly raises the green flag. Then the flag drops.
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Toyota Priuses with plug-in hybrid technology are averaging 65 mpg in combined gasoline and electric-mode testing.
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Nippon Steel, the world's second largest producer, will consider revising down its production outlook after seeing Toyota and Honda first-quarter output plans due later this month, a company executive has said, adding that the supplier expects demand to start recovering around mid-year.
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Toyota subsidiary and small car specialist Daihatsu says it expects profit and sales to decline in fiscal 2008 for the first time in seven years.
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Toyota subsidiary and small car specialist Daihatsu says it expects profit and sales to decline in fiscal 2008 for the first time in seven years.
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Toyota will idle a car plant in northern Mexico for five days next month due to falling demand.
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Toyota's manufacturing plant in Mexico will sit idle for five days in February due to lower demand for its products, the company has said.
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Toyota Motor is now expected to post a 2008 financial year group operating loss of JPY400bn, up from JPY150bn, according to Japanese media reports on Friday.
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Honda Motor lowered its annual profit forecasts for a fourth time this year, while rival Toyota Motor's losses are growing as sliding global car sales force the industry to scale back production further.
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Toyota Motor Sales U.S.A. Inc. is recalling about 135,000 Yaris small cars sold in the United States because seat belt pretensioners could ignite foam padding in the passenger compartment. The recall affects 2006 and 2007 models.
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Toyota may make its globally-popular Camry sedanin India, the deputy managing director of its Indian subsidiary has said.
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For the first time in eight years, the Detroit 3 will sit on the sidelines rather than advertise during the Super Bowl telecast. Three import brands -- Hyundai, Audi and Toyota -- are buying ad time during Sunday's NFL championship game. So is Cars.
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Toyota Motor Manufacturing (UK) (TMMUK) is considering both short-time working or suspending production completely at its two plants here, possibly adding to production cuts that began as long ago as last September.
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