A number of Indian carmakers, including Maruti, Hyundai, Mitsubishi and Toyota have cut prices by 3-3.5% this week on the back of an Indian government tax change.
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Three of Toyota's largest seat suppliers are dissolving or restructuring their U.S. joint ventures. The reason: Toyota wants more competition among its North American suppliers.
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Toyota Motor Corp. late today said it was cutting North American production of its best-selling cars including the Camry and Corolla sedans in response to rising inventories and a slump in sales.
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Busy Toyota stand includes clever range-topping iQ.
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Toyota Canada Inc. cut the ribbon on a new C$1.1 billion ($859 million) assembly plant in Woodstock, Ontario on Thursday, bringing about 1,200 new jobs to a sector that has been losing jobs rapidly.
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It's Toyota's first new Canadian plant investment in nearly 20 years. The automaker's new Woodstock plant, located in Woodstock Ontario, officially opened Thursday, December 4th. The plant will produce, among other models, the new Toyota Rav4. The updated bestseller was introduced earlier this year with several engine and styling upgrades, as well as reduced fuel consumption and increased safety.
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Toyota Canada Inc. cut the ribbon on a new C$1.1 billion ($859 million) assembly plant in Woodstock, Ontario on Thursday, bringing about 1,200 new jobs to a sector that has been losing jobs rapidly.
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Toyota Kirloskar - a joint venture between Toyota Motor and Kirloskar Motors India - has put the launch of the Prius hybrid on hold because it cannot price the car competitively against its Honda rival.
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Three of Toyota Motor Corp.'s largest seat suppliers are dissolving or restructuring their U.S.-Japanese joint ventures to fulfill Toyota's desire for more competition among North American suppliers. Toyota Boshoku America Inc.
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Ford's US sales last month fell 30.6% year on year to 123,222 units, the company reported on Tuesday night. Year to date sales were off 19.7% to 1,849,309 units. Toyota said its sales were down 34% and VW was off 19.2%.
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Ford, General Motors, Toyota and Honda reported U.S. sales drops of more than 30 percent in November as a staggering U.S. economy dragged industrywide demand to the lowest level in 26 years. Every automaker posted a decline as sales fell 36.
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Ford, General Motors, Toyota and Honda reported U.S. sales drops of more than 30 percent in November as a staggering U.S. economy again dragged industrywide demand to 25-year lows. Ford Motor declined for a 12th consecutive month.
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Ford Motor Co. and Toyota Motor Corp. said U.S. sales plunged more than 30 percent in November as an economy now officially in recession was projected to drag industrywide demand to a second consecutive 25-year low.
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Toyota Motor said on Tuesday it will cut management bonuses by 10 percent as the global economic slowdown bites hard and prompts it to reduce production further in Japan.
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Toyota is cutting back production in Japan in response to the downturn in the global vehicle market.
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Toyota Motor Corp. said today it will cut management bonuses by 10 percent as the global economic slowdown bites hard and prompts it to reduce production further in Japan.
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NASCAR Sprint Cup team Red Bull have confirmed that Scott Speed and Brian Vickers will drive their Toyota Camry's next season.
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PSA Peugeot Citroën and Toyota Motor Corporation's joint venture plant in Kolin, Czech Republic - Toyota Peugeot Citroën Automobile (TPCA) - has built its millionth vehicle.
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