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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.
Slumping sales have drastically shifted Toyota Motor Corp.'s plans for U.S. production, leaving workers wondering when layoffs will start, observers said. Even Toyota, considered a decisive planner, cannot escape the simple math as U.S.
Japan's Toyota Motor Corp.
Toyota executives may get substantially smaller bonuses this fiscal year -- and possibly none at all -- because of harsh economic reality, sources said Sunday. Citing informed sources, Kyodo reported that Toyota Motor Corp., Japan's biggest automaker, is considering cutting executives' salaries. The cost-cutting actions will be taken up at a shareholders' meeting next June, the sources told the Japanese news agency.
Automaker Ford Motor Co. said sales decreased sharply in November and projected a 38 percent cut in U.S. production for the first quarter of next year. Ford sales declined 31 percent in November compared with a year ago, while sales at Toyota Motor Corp.
Tokyo, Aug. 28 (Jiji Press)--Toyota Motor Corp. said Thursday that it has revised down its group's 2009 global vehicle sales estimate to some 9.7 million units from 10.4 million units due mainly to slumping sales in North America.
Two Japanese companies have announced plans to develop the worldâ€™s first ship to be propelled by engines partially powered by solar energy.
Toyota said Thursday its fiscal first-quarter profit plummeted 28 percent and stuck to its forecast that full-year profit will fall for the first time in seven years as it faces more problems from the weakening U.S. market.
By Dee-Ann Durbin General Motors, Ford, Toyota and other automakers said Friday that their U.S. sales fell by double-digits in July as they struggled to keep up with consumers' growing demand for smaller, more fuel-efficient vehicles. Nissan Motor Co.
- A woman chauffeur.
- A woman who operates an automobile.