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Latest Toyota Motor Corp. Stories

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2007-08-09 13:00:00

TRAVERSE CITY, Mich. -- General Motors Corp. (GM) has signed an agreement with a battery maker that could propel it ahead of Toyota Motor Corp. (TM) in the race to bring plug-in hybrid and electric cars to market, a top company official said Thursday. A123 Systems Inc., based in Watertown, Mass., already produces millions of nanophosphate lithium-ion batteries for use in cordless power tools, and it plans to apply the technology to automobiles. GM Vice Chairman Bob Lutz said the deal, coupled...

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2007-05-17 03:40:00

TOKYO -- Toyota's commitment to hybrid automobiles was on full display Thursday when it unveiled its most expensive gasoline-electric vehicle yet  -- the $124,000 luxury sedan Lexus LS. Executives at Japan's No. 1 automaker are fully convinced that hybrid cars are the way of the future. And they're betting that growing consumer concern about the environment"”and higher gas prices"”will lure even wealthy buyers to the new model, which went on sale Thursday in Japan for 15...

2006-08-15 08:05:00

By Jui Chakravorty DETROIT -- U.S. consumer satisfaction with their vehicle purchases has reached an all-time high, but ratings for domestic automakers mostly lagged those for foreign competitors, according to a national survey released on Tuesday. The University of Michigan American Customer Satisfaction Index, a measure of consumer attitudes about businesses and the economy, said customer satisfaction with automobiles rose 1.3 percent to 81 points, driven by an improvement in quality....

2006-07-19 10:43:44

DETROIT (Reuters) - Toyota Motor Corp. is recalling 367,594 SUVs, including hybrids, in the United States because some loose clips from the floor carpet cover could obstruct the functioning of the accelerator pedal, U.S. safety regulators said. The vehicles involved in the recall are Lexus RX330 and Toyota Highlander SUVs from 2004-2005 model years, Lexus RX400H hybrid and Highlander hybrid SUVs from 2006 model year, the National Highway Traffic Safety Administration said on its Web...

2006-04-12 06:20:27

Please read in fourth paragraph ... sold 15,000 Lexus GS and IS ... instead of ....9,600 Lexus... TOKYO (Reuters) - Toyota Motor Corp. said on Wednesday it is recalling 11,000 Lexus cars in Japan and 46,000 overseas to fix a faulty seat belt part. Toyota will replace seat belts in both front seats, which can become jammed inside the holding due to a faulty part, it said. The affected cars are Lexus GS and IS sedans. No accidents have been reported due to the defect, it said....

2006-04-12 05:20:00

TOKYO (Reuters) - Toyota Motor Corp. said on Wednesday it is recalling 11,000 Lexus cars in Japan and 46,000 overseas to fix a faulty seat belt part. Toyota will replace seat belts in both front seats, which can become jammed inside the holding due to a faulty part, it said. No accidents have been reported due to the defect, it said. Toyota, close to overtaking General Motors Corp. as the world's No.1 seller of automobiles, has sold 9,600 Lexus in Japan since it ushered in the 16-year-old...

2006-03-13 11:45:00

By Chang-Ran Kim, Asia auto correspondent TOKYO (Reuters) - Toyota Motor Corp. and Fuji Heavy Industries Ltd. agreed on Monday for Fuji Heavy to build Toyota's Camry car at Fuji's Subaru plant in the United States and develop gasoline-electric vehicles using its partner's hybrid system. Fuji Heavy will build 100,000 Camrys a year at its Lafayette, Indiana factory from the spring of 2007 in a move that helps the maker of Subaru cars cut losses at its underused plant and gives Toyota cheap...

2005-11-21 14:44:25

By Tom Brown DETROIT (Reuters) - General Motors Corp. said on Monday it would cut 30,000 North American manufacturing jobs and close a dozen plants as it struggles to compete with fast-growing rivals led by Toyota Motor Corp. The cuts affect about a quarter of the North American factory work force at GM and are the deepest since it eliminated 21 plants and 74,000 jobs over four years beginning in December 1991. The latest plan, which affects factories in the United States and...

2005-11-21 14:35:56

DETROIT (Reuters) - General Motors Corp. said on Monday it would cut 30,000 North American manufacturing jobs and close a dozen plants as it struggles to compete with fast-growing rivals led by Toyota Motor Corp. The cuts affect about a quarter of the North American factory work force at GM and are the deepest since it eliminated 21 plants and 74,000 jobs over four years beginning in December 1991. The latest plan, which affects factories in the United States and Canada, allows GM...

2005-10-13 11:51:41

DETROIT (Reuters) - Toyota Motor Corp. said on Thursday it will notify about 75,000 Prius owners in the United States about a potential software glitch that may cause the popular hybrid cars to suddenly stall or shut down. Toyota said the problem may cause warning lights in the cars to illuminate. That can prompt the vehicles to enter a "fail safe" mode that may cause their gasoline engines to stall. Hybrid vehicles twin a gasoline engine with an electric motor and batteries to...


Word of the Day
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.