Toyota Motor Thailand will reportedly rehire 500 workers at its Gateway plant in Chachoengsao to increase production of its passenger cars for the domestic market.
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Toyota Motor Corporation on Friday reported a stunning year on year fall in its full fiscal year operating profit from 2.27 trillion yen to a loss of JPY461bn. It also forecast that the operating loss for fiscal 2009/10 would almost double to JPY850bn but estimated that, through the reduction of variable and fixed costs, it would achieve a total profit improvement of around JPY800bn in fiscal 2010.
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Toyota Motor Corp. forecast a much deeper-than-expected annual loss of $8.6 billion as its car sales tumble, keeping dozens of its factories underused. Toyota booked a $6.
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Toyota Motor Corp lost $6.9 billion in the fourth quarter and forecast more losses for the current year as its car sales tumble, keeping dozens of its factories underused.
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Slumping business in Europe helped push Toyota Motor Corp. to its first operating loss in 71 years, and the company is now bracing of more red ink and massive cost cuts.
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Toyota Motor Corp., the world's biggest automaker, forecast a much bigger-than-expected $8.6 billion loss for its current fiscal year and said it would sell about 1 million fewer vehicles as it scrambles to cut costs amid a severe market downturn.
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Slumping business in Europe helped push Toyota Motor Corp. to its first operating loss in 71 years, and the company is now bracing of more red ink and massive cost cuts.
Full story...
Slumping business in Europe helped push Toyota Motor Corp. to its first operating loss in 71 years, and the company is now bracing of more red ink and massive cost cuts.
Full story...
Toyota Motor Corp., the world's biggest automaker, forecast a much bigger-than-expected $8.6 billion loss for its current fiscal year and said it would sell about 1 million fewer vehicles as it scrambles to cut costs amid a severe market downturn.
Full story...
Toyota Motor Corp forecast a much deeper-than-expected annual loss of $8.6 billion as its car sales tumble, keeping dozens of its factories underused. Toyota booked a $6.
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For Lexus fans who can't afford the sleek SC convertible -- or can't wait for its long-overdue model change -- Toyota's premium brand is rolling out a new entry-level IS pop-top. The Lexus IS 250C, which debuted today in Japan, reaches U.S.
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The all-new 2009 Dodge Ram 1500 earned top honors in Edmunds' Inside Line head-to-head competition of full-size pickup trucks. The Dodge Ram 1500 beat the 2009 Ford F-150, Chevy Silverado and Toyota Tundra. The all-new 2009 Dodge Ram continues to win accolades, receiving 15 awards since its introduction last fall.
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A union leader at Toyota's Venezuelan unit was shot dead by gunmen on Tuesday, a few weeks after the Japanese automaker said it might leave the country because of chronic labor problems, news agency reports said.
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Canadian Patrick Carpentier will be back behind the wheel of a NASCAR car next weekend as he will drive the Toyota No.7 of SK Motorsports during the Nationwide event the Diamond Hill Playwood 200 in Richmond.
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Japanese Formula 1 driver Kazuki Nakajima has confirmed widespread paddock speculation that his links with Toyota helped him secure the Williams race seat.
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Toyota's incoming North American boss, Yoshimi Inaba, will assume a powerful new position in charge of both sales and manufacturing operations, some dealers have been told. Inaba, 63, who was CEO of Toyota Motor Sales U.S.A.
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Toyota Division will respond to a 41.1 percent April slide in U.S. sales by pushing more leases, reducing interest rates and offering more consumer cash.
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Toyota Division will respond to a 41.1 percent April slide in U.S. sales by pushing more leases, reducing interest rates and offering more consumer cash.
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Toyota Division will respond to a 41.1 percent April slide in U.S. sales by pushing more leases, reducing interest rates and offering more consumer cash.
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Ford, Honda and General Motors posted their smallest sales declines of the year in April, while Nissan and Toyota had their largest, as the industry improved from depressed levels of February and March.
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