Toyota Motor Corp. will soon offer to fix the accelerator pedals of up to 4 million vehicles in the United States that are subject to the company's largest ever safety recall, Kyodo News reported.
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Has Volkswagen AG outproduced Toyota Motor Corp. through September? Some news reports this week said Volkswagen had passed Toyota in production through September.
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Sales figure confusion leads to verbal bust up
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Volkswagen Group has reportedly displaced Toyota for the first time as the world's largest car manufacturer.
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Toyota may have to shoulder almost all the costs to shut the NUMMI (New United Motor Manufacturing, Inc) California joint-venture plant, as the owner of the former GM's 50% stake doesn't plan to help out, according to a Bloomberg report.
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Toyota is planning to close some 300 dealerships across Japan over the next three years amid a shrinking domestic market, according to local media reports.
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Toyota's completed 2010 formula one car design, codenamed the TF110, is reportedly available for purchase by other teams.
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Toyota Motor Sales, USA, Inc. (TMS) has announced that it has joined US Environmental Protection Agency's (EPA) WasteWise program. WasteWise encourages organisations to reduce municipal solid waste through waste prevention, recycling and buying or manufacturing recycled products.
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The law firm of McCuneWright, LLP, has filed a national class action lawsuit against Toyota Motor Corporation on behalf of Toyota and Lexus owners who have 'experienced incidents of sudden unintended acceleration'.
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Toyota's Prius hybrid was Japan's best-selling vehicle in October with sales of 26,918 units, staying in the top slot for the fifth straight month, according to industry data released on Friday.
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General Motors doesn't plant to develop Volt as a brand, unlike rival Toyota whuch is considering an expanded Prius line, a senior executive has said.
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Toyota is expected to spend some US$330-440m on a new R&D centre near Shanghai to develop vehicles specifically for the Chinese market, the Nikkei newspaper reported without citing a source.
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A senior Toyota Motor Corp. executive denied allegations the automaker tried to sidestep engineering or design defects that led to its unprecedented safety recall of 3.8 million vehicles.
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Toyota Motor on Thursday denied there was any cover up over safety problems linked to floor mats, after US authorities accused it of misleading consumers.
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Toyota booked a first fiscal half operating loss of JPY136.9bn from 582.0bn yen profit a year ago but reported a surprise operating profit of JPY58bn for the July-September quarter, down almost 66% year on year. That has prompted it to reduce its full-year loss forecast.
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Toyota's announcement on Wednesday that the recession had forced it to withdraw from Formula One included the statement that the company and#8220;intends to move forward in developing exciting production vehicles, such as the Lexus LFA supercar.
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A top Toyota Motor Corp. executive said today its U.S. operations remain difficult, adding that the automaker must reduce fixed costs further to battle a strong yen that is making exports unprofitable.
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Toyota reported a surprise quarterly profit and slashed its annual loss forecast by more than half as sales and cost cutting beat its forecasts, putting it on track to follow Japanese rivals into the black next year.
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