Latest Toyota Motor Corp. Stories
Toyota Motor Corp. may move to put U.S. manufacturing and sales under one powerful U.S. executive, a major shift for its largest market, sources said. The U.S. market has long been a moneymaker for the company, but the U.S.
Car companies are finding it hard to sell hybrid models in the midst of the recession.
Toyota Motor Corp. said it would offer job buyouts to U.S. workers to cut costs, a first for the Japanese automaker. The company also said it would trim production in some U.S.
Toyota Motor Corp. in Japan revised its forecast for its fiscal year ending in March down sharply Friday, tripling its previous loss estimate. Toyota said it expects it will lose $5 billion on the year, The New York Times reported.
Toyota Motor Corp. said Thursday that it would keep one production line in operation as it shuts down the rest of its Japanese factories for a day. CNNMoney reported the silence was â€¦ deafening in Toyota City, where the company began in the 1930s. I don't know what to do.
Toyota Motor Corp.
Toyota Motor Corp. will slash domestic Japanese automobile production by half between February and April, industry sources say. With the cutbacks, Toyota's production would be set at about 9,000 units per operating day, Japan's Kyodo news agency reported Sunday.
Toyota Motor Corp.'s new hybrid Prius, unveiled at a Detroit auto show, will get 9 percent better mileage than its predecessor, the company said. Thanks to a more efficient engine and lighter parts, the third-generation Prius will get 50 miles per gallon, the Chicago Tribune reported Wednesday. The car's horsepower has also been increased.
Toyota Motor Corp announced its plans to introduce an all-electric plug-in vehicle in the United States by 2012.
Toyota Motor Corp. of Japan said a member of the company's founding family would be its next president, giving its current president a vice-chairman post. Akio Toyoda will take over as president in June.
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