Toyota needs to start over from "rock bottom" and will abandon for now its policy of offering a full product range world-wide to focus more on local market needs, new president and founding family member, Akio Toyoda, said at his first press conference in Tokyo today.
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Akio Toyoda, the new head of Toyota Motor Corp., warned today the auto industry faces two years of tough times as he outlined his strategy to make the company founded by his grandfather profitable again.
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The new head of Toyota Motor Corp. warned today the auto industry faces two years of tough times, as he outlined his strategy to make the company profitable again.
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Kingston, Ontario - While some Canadian auto dealers are about to close doors (or recently have), others are doing the exact opposite. That's the case of Arnie Mierins, owner of Kingston Toyota, who just helped break ground for what will soon be the only Lexus dealership inside the Montreal-Toronto-Ottawa triangle: Lexus of Kingston.
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Toyota and EDF Energy have been awarded UK government funding to support a trial of up to 20 plug in hybrid vehicles (PHVs).
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Toyota Motor Corp. small-car subsidiary Daihatsu passed BMW and Audi on its way to top honors in customer satisfaction among German car owners, according to a J.D. Power and Associates study published Wednesday.
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Toyota Motor Corp. small-car subsidiary Daihatsu passed BMW and Audi on its way to top honors in customer satisfaction among German car owners, according to a J.D. Power and Associates study published Wednesday.
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Toyota Motor Corp. and Nissan Motor Co. promised shareholders they would do better to recover from the worst industry downturn in a generation, each focusing on different types of cleaner cars to steer their revival.
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Toyota Motor Corporations's new president Akio Toyoda, grandson of the company's founder, is part of a new management team that includes four new executive vice presidents and eight new board members.
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New Toyota Motor Corporation president Akio Toyoda is unlikely to make drastic changes, a Japanese auto analyst has said.
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Akio Toyoda was approved as the new president of Toyota Motor Corp. today as part of a top management shuffle that elevates a veteran executive to head North American sales.
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Toyota Motor Corp. confirmed Akio Toyoda as its new president on Tuesday, promoting the grandson of the company's founder to guide the world's No. 1 automaker through the worst downturn in its history.
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Lexus reclaimed the top spot in J.D. Power and Associates' annual ranking of initial quality, while the Ford, Chevrolet and Toyota brands ranked virtually even in the benchmark survey.
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While parent company Toyota Motor Corporation posted a huge net loss for the fiscal year ended 31 March 2009 (its first ever), Toyota Australia booked a net profit after tax of A$123.4m (US99.5m; GBP60.4m; EUR71.4m) for the same period. Sales revenue was A$8.8bn.
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As one of North America's most popular passenger cars, the Toyota Camry offers even more for Canadian drivers, with the new 2010 Toyota Camry XLE. This new model features all of the dynamic styling and "no compromise" suite of standard equipment found a V6, but delivers it in a a new 2.5 litre four-cylinder engine and six-speed automatic transmission that delivers Toyota's "more power - less fuel" advantage.
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The Infineon Raceway in Sonoma, California always brings in an unusual winner. Sunday's Toyota/SaveMart 350 NASCAR Sprint Cup race was no exception.
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With the 2010 Ford Taurus, Ford Motor Co. is introducing a well-appointed large car that aims to take on the Toyota Avalon, Chrysler 300 and perhaps some luxury nameplates.
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General Motors is to axe production of the Pontiac Vibe - a variant of the North America-only Toyota Matrix - by the end of August.
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Toyota Europe has extended its premium priced iQ city car range with a new version with 1.33-litre petrol engine (already used in the in the Auris, Yaris and Urban Cruiser), start-stop and the option of a CVT automatic transmission.
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Kingston, Ontario -- Automakers usually like to give their carryover models a little something new to feel good about, before combing their hair and sending them off for another year on the showroom floors.
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