Toyota Motor Corp. said its annual loss would be smaller than earlier forecast thanks to deeper cost cuts and government measures to jump-start sluggish global auto demand, but remained cautious on the prospects for a sustainable recovery.
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Toyota Motor Corp. said its annual loss would be smaller than earlier forecast thanks to deeper cost cuts and government measures to jump-start sluggish global auto demand, but remained cautious on the prospects for a sustainable recovery.
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Toyota Motor Corp. reported its third straight quarterly loss but lifted its bearish forecast to call for a smaller loss this year as deep cost reductions help make up for some of the slump in global vehicle sales.
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Despite a lift from the federal cash for clunkers rebate program, Toyota dealers sold 11.4 percent fewer cars and trucks in July than a year ago.
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Despite a lift from the federal cash for clunkers rebate program, Toyota dealers sold 11.4 percent fewer cars and trucks in July than a year ago.
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Toyota has come out on top in a customer satisfaction survey of authorised dealer aftersales service in Malaysia for a second consecutive year.
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Toyota has halted Camry production at its assembly plant in St. Petersburg for scheduled summer holidays until 17 August, Toyota Motor Manufacturing Russia said on Monday.
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Toyota Motor is likely to report a lower loss for this business year than originally forecast, a Japanese broadcaster said.
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Toyota Motor Corp.'s loss for this business year will likely be several tens of billions of yen less than originally forecast by the automaker thanks to strong sales of hybrid cars, Japanese public broadcaster NHK reported.
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Toyota Motor Corp.'s loss for this business year will likely be several tens of billions of yen less than originally forecast by the automaker thanks to strong sales of hybrid cars, Japanese public broadcaster NHK reported.
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Toyota assembly affiliate Kanto Auto Works will restore a night shift at its Iwate prefecture plant from around mid-August to boost production of the small Belta sedan (Yaris in US and Australia; Vios in Asia), Kanto officials said.
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Sales may be down about a fifth but Toyota and General Motors remained the world's top two automakers in the first half.
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Both automakers Toyota and Mercedes on Wednesday played down speculation they may follow in BMW's footsteps and withdraw from formula one.
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Both automakers Toyota and Mercedes on Wednesday played down speculation they may follow in BMW's footsteps and withdraw from formula one.
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Toyota Motor Corp., battling a 26 percent plunge in worldwide sales this year, said its new president will lead a subsidiary to coordinate marketing and advertising around the globe while vehicles are tailored to local markets.
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Toyota Motor Corp. is creating a fully owned subsidiary to coordinate marketing and advertising at home and abroad as it aims to tailor its vehicles to local markets.
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Toyota plans to launch a JPY1.5m hybrid compact in Japan late in 2011, according to the Asahi newspaper.
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Toyota Motor group worldwide vehicle sales for the first half of 2009 fell 26% year on year to about 3,564,000 units, but it still beat General Motors to remain the largest automaker - the US rival shifted about 3,552,700 units during the same period.
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Toyota could build a Yaris-based hybrid car in France for sale in Europe, Japan's Asahi newspaper reported. Toyota plans to launch a hybrid compact for about 1.
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