Toyota will be able to boost its United States production sooner than expected following a devastating Japanese quake and tsunami.
Japan’s domestic sales of new cars, trucks and buses logged their biggest-ever drop in April, an industry group said on Monday.
Toyota says it has resumed production at all of its plants in Japan for the first time since last month’s massive earthquake and tsunami.
Shares in Japanese manufacturers tumbled in the aftermath of Friday’s earthquake, as companies struggled to gather information from the stricken area.
Toyota scored a victory after its electronic throttle systems were cleared of blame for defects but it still needs to restore its reputation.
Toyota remains Japan’s number one global brand, but its value has fallen because of the recent massive recalls, according to a report.
Seven insurance companies have sued Toyota Motor Corp in an attempt to recover money paid to cover crashes they blame on sudden acceleration.
Toyota has agreed to pay the maximum fine of $32,4-million related to two US probes into its handling of a spate vehicle recalls.
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/ 21 December 2010
Toyota Motor Corp said on Tuesday it expects global sales to grow 3% to 7,7-million vehicles next year.
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/ 4 November 2010
Toyota on Thursday announced a recall of almost 136 000 compact cars in Japan and Europe to fix a steering problem.
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/ 28 October 2010
Japan’s Nissan Motor company said on Thursday it was recalling more than 2,1-million cars globally due to a faulty engine-control system.
Toyota said earnings were boosted by strong profits at its finance division and warned it was anticipating a tough second half for sales.
Toyota on Thursday announced a recall of 373 000 Avalon sedans in the US over a steering-related issue.
Toyota warned on Thursday of an engine fault worldwide in eight models of its luxury Lexus and Crown sedans.
The new generation of electric cars is going further than ever before — or so current thinking goes, writes <em>Martin Love</em>.
Toyota said on Wednesday it would recall 11Â 500 Lexus vehicles worldwide because of a steering system defect.
Toyota has agreed to pay the United States government a fine of nearly $16,4-million for concealing accelerator pedal defects.
Toyota has suspended North American sales of its 2010 Lexus GX 460 after a US consumer magazine issued a safety warning.
The US says it is seeking a $16-million fine against Toyota for failure to quickly notify authorities about vehicle safety problems.
US car sales jumped to a seven-month high in March led by a 41% surge at Toyota after the carmaker offered the steepest discounts in its history.
Beleaguered Japanese car-maker Toyota said on Tuesday it will reshape its global operations after its mass safety recall crisis.
Toyota faces a major courtroom challenge on Thursday when judges will decide whether angry car owners can bring a multibillion-dollar suit against it.
When Akio Toyoda became president of Toyota in June last year, he promised to steer it through its "worst crisis in a century".
Toyota said on Monday it had found no evidence to support the driver’s account of a widely publicised "runaway" Prius incident in California.
Daihatsu, a subsidiary of embattled Toyota, said on Thursday it was recalling almost 275 000 vehicles due to possible defects.
James Sikes was having an uneventful drive home along a San Diego highway when things became a little more eventful.
Toyota’s president swapped his business suit for a worker’s uniform on Friday as he sought to reassure workers.
Relatives of a California state trooper whose fatal car wreck helped spark Toyota’s wide-ranging safety recall have sued the car-maker.
General Motors is recalling 1,3-million compact cars in North America to address a power steering problem that has been linked to 14 crashes.
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/ 28 February 2010
Toyota’s bungled recalls have damaged its brand, but while the carmaker faces its biggest crisis, analysts say its reputation is not beyond repair.
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/ 27 February 2010
A US congressional panel has found evidence Toyota routinely withheld company records it should have turned over in court.
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/ 24 February 2010
Toyota’s president braced for tough questions from a US congressional panel on Wednesday after the carmaker conceded it had let safety standards slip.