Mon, Jul 6th, 2009 | Business |

TOKYO (Reuters) --Toyota Motor Corp plans to start mass producing plug-in hybrid vehicles in 2012, with a projected first-year output of about 20,000 to 30,000 units, the Nikkei business daily reported on Saturday. Toyota has said it would start leasing 500 ...Read More

REPORT: Hybrids More Likely To Mow Down Bikers, Pedestrians [Car Crashes]

Sat, Nov 14th, 2009 | U.S. |

REPORT: Hybrids More Likely To Mow Down Bikers, Pedestrians [Car Crashes] Are hybrids really a silent killer? A study put together by the National Highway Traffic Safety Administration seems to think so. NHTSA's found a higher incidence of pedestrian/bike crashes with hybrid vehicles. Results from the study show hybrid vehicles had a ...Read More

Toyota plans bigger Prius with new battery

Fri, Nov 13th, 2009 | SciTech |

TOKYO - Toyota is planning a larger version of its popular Prius hybrid, which will be powered by a new kind of battery, a Japanese newspaper reported Friday. The new Prius, either a station wagon or SUV, is set to go ...Read More

Probe finds jump in runaway Toyota complaints: report

Sun, Nov 8th, 2009 | Business |

Probe finds jump in runaway Toyota complaints: report LOS ANGELES (Reuters) - Over 1,000 Toyota and Lexus owners have reported sudden, spontaneous acceleration of their vehicles since 2001, including crashes blamed for 19 deaths, far more than earlier disclosed, the Los Angeles Times reported on Sunday. The National Highway ...Read More

Nikkei edges down as exporters slip, eyes on yen

Sun, Nov 8th, 2009 | Business |

TOKYO, Nov 9 (Reuters) - Japan's Nikkei average edged down 0.5 percent on Monday, with Canon Inc and other exporters hit by wariness about the U.S. economy after mixed jobs data as well as by a stronger yen. Nippon Telegraph ...Read More

Toyota Posts 1st Profit In Year, Sees Slow Recovery

Thu, Nov 5th, 2009 | Sports |

TOKYO (Dow Jones)--Toyota Motor Corp. (7203.TO) said Thursday that it posted a net profit in the fiscal second quarter, its first in a year, but that the road to recovery will only be slightly less bumpy than earlier projections. The maker ...Read More

Toyota Results Are Way Better Than Expected

Thu, Nov 5th, 2009 | Business, Top Stories |

Toyota (TM), which is going through the worst crisis in existence, due to a combination of the poor economy and manufacturing failures, is already bouncing back. TOKYO (AP) — Toyota Motor Corp. announced Thursday a surprise profit last quarter and trimmed ...Read More

Toyota returns to profit as stimulus boosts sales

Thu, Nov 5th, 2009 | Business |

Toyota returns to profit as stimulus boosts sales TOKYO—Toyota Motor Corp. announced Thursday a surprise profit last quarter and trimmed its projected red ink for the year, underlining the gradual recovery under way for Japan's giant automakers. The world's largest car company attributed the unexpected profit -- its first ...Read More

Toyota scales back loss forecast

Thu, Nov 5th, 2009 | Sports |

Toyota scales back loss forecast (FT) -- Toyota Motor scaled back its loss forecast for the year to next March on Thursday, reflecting an aggressive cost-cutting drive and improved sales of some vehicles -- particularly low-emission cars such as its Prius hybrid, which have been ...Read More

Toyota Returns to Profit in Latest Quarter

Thu, Nov 5th, 2009 | Business |

Toyota said Thursday it returned to a profit in the latest quarter as government incentives boosted sales, leading the world's largest automaker to trim its projected red ink for the year. Toyota Motor Corp. reported a $242 million profit for the ...Read More

Toyota surprises with quarterly profit

Thu, Nov 5th, 2009 | Sports |

Toyota surprises with quarterly profit TOKYO (Reuters) - Toyota Motor Corp 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 ...Read More

Toyota Narrows Loss Forecast on Government Stimulus

Thu, Nov 5th, 2009 | Business |

Toyota Narrows Loss Forecast on Government Stimulus Nov. 5 (Bloomberg) -- Toyota Motor Corp., the world’slargest carmaker, narrowed its full-year net loss forecast for asecond time after government stimulus measures revived vehicledemand in the U.S. and Asia. The company expects a net loss of 200 billion yen ($2.2billion) ...Read More

Toyota sees dollar averaging 93 yen in 2009/10

Thu, Nov 5th, 2009 | Sports |

TOKYO, Nov 5 (Reuters) - Toyota Motor Corp (7203.T)said on Thursday it now expects the dollar to average 93 yen andthe euro 132 yen in the business year ending in March 2010. It had previously assumed an average dollar rate of ...Read More

Regulators slam Toyota over 'no defect' claim

Thu, Nov 5th, 2009 | Business, SciTech |

Regulators slam Toyota over 'no defect' claim Federal safety regulators have sharply rebuked Toyota Motor Corp. for issuing "inaccurate and misleading" statements asserting that no defect exists in the 3.8 million vehicles it recalled after a Lexus sedan accelerated out of control in San Diego County, killing ...Read More

Toyota to establish research centre in China, report says

Wed, Nov 4th, 2009 | Business |

Tokyo - The world's biggest carmaker Toyota Motor Corp plans to build a research and development centre in China, the Japanese business daily Nikkei reported Thursday. The new facility will be established on the outskirts of Shanghai as early as ...Read More

Toyota seen forecasting smaller FY loss on cost cuts

Wed, Nov 4th, 2009 | Business |

* Consensus sees annual operating loss at 293 bln yen * Second-quarter earnings due at 0600 GMT * Plans to spend 30-40 bln yen on China R&D centre -Nikkei (Updates throughout) TOKYO, Nov 5 (Reuters) - Toyota Motor Corp (7203.T) isexpected to reduce ...Read More

Govt criticizes Toyota press release on floor mats

Wed, Nov 4th, 2009 | SciTech |

WASHINGTON — Toyota Motor Corp. released misleading information about an investigation into problems with stuck gas pedals that led to a massive Toyota recall, the government said Wednesday, stressing the issue is still under review by federal safety regulators. The National ...Read More

Toyota, the world's largest automaker, says it's pulling out of Formula 1 to cut costs

Wed, Nov 4th, 2009 | Sports |

TOKYO - Toyota is pulling out of Formula One racing. The world's largest automaker announced Wednesday it needs to cut costs and focus on its core business. "Based on the current economic environment, we realize we have no choice but to withdraw ...Read More

Govt says Toyota issued an inaccurate press release on floor mat issue that led to recall

Wed, Nov 4th, 2009 | SciTech |

WASHINGTON (AP) - Toyota Motor Corp. released misleading information about an investigation into problems with stuck gas pedals that led to a massive Toyota recall, the government said Wednesday, stressing the issue is still under review by federal safety regulators. The ...Read More

NHTSA Calls Toyota's Floor Mat Story 'Misleading'

Tue, Nov 3rd, 2009 | SciTech |

Toyota Motor Corp. released misleading information about an investigation into problems with stuck gas pedals that led to a massive Toyota recall, the government said Wednesday, stressing the issue is still under review by federal safety regulators. The National Highway Traffic ...Read More

Nikkei: American Zombies May Attack Japan Inc.

Tue, Nov 3rd, 2009 | Business |

A decade ago, Americans and Europeans criticized Japan for its so-called “zombie companies”-moribund enterprises on government-funded life support. Now, the zombies may be rising again, but this time they’re more likely to be overseas. At least that's what Mizuho Securities strategist ...Read More