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  • July 30, 2014
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  1. Business - Companies

    Toyota to recall 1.9m Prius cars for software defect in hybrid system

    Posted Feb 13th 2014, 01:24am by Reuters

    ... Reuters in Tokyo Toyota to recall 1.9m Prius cars for defect Toyota Motor yesterday issued a recall covering all 1.9 million of its third-generation Prius cars sold worldwide, due to a software glitch in their hybrid system. About half of the recalls are in Japan and 713,000 in North America, a Toyota spokeswoman said. No accidents have been reported related to the defect. Toyota ...

  2. Business - Companies

    Toyota says profit may double to record 1.9tr yen in fiscal year

    Posted Feb 05th 2014, 05:37am by Bloomberg

    ... Bloomberg in Tokyo Japanese carmaker forecasts record earnings for year on boost from weaker yen Toyota expects profit to double Toyota Motor, the world's largest carmaker, has raised ... to a record 1.9 trillion yen (HK$145.4 billion) in the fiscal year to March, Toyota said yesterday. That compares with its previous forecast of 1.67 trillion yen and the 1.87 trillion yen average ...

  3. Business - Companies

    Toyota chief silences the doubters

    Posted Nov 22nd 2013, 03:02am by BLOOM

    ... Bloomberg in Tokyo Akio Toyoda overcomes shaky start in the job to revive carmaker's fortunes with a hands-on style Toyota chief silences the doubters He'd heard it so often he ... to Congress and the American people. "All the vice-presidents were 10 years older than me," Toyota Motor's chief confided in an impromptu interview over tea at a hotel near Tokyo's ...

  4. News - World - MOTORING

    Toyota defeats stuck-throttle California lawsuit

    Posted Oct 12th 2013, 12:00am by Reuters, Bloomberg

    ... Agencies in Los Angeles Jury finds for carmaker in wrongful-death test case over unexpected acceleration of its cars Toyota defeats stuck-throttle suit A jury in California has found Toyota not liable in one of the first wrongful-death legal actions to go to trial in the US over alleged defects that caused some vehicles to unexpectedly accelerate. The closely watched case ...

  5. News - World

    The Toyota you'll be able to leave on autopilot

    Posted Oct 12th 2013, 12:00am by AFP

    ... Agence France-Presse in Tokyo The Toyota you'll be able to leave on autopilot Toyota yesterday unveiled the next generation of cars featuring an autopilot system that will swerve ... the number of traffic deaths," Toyota managing director Moritaka Yoshida said. Leading carmakers and technology firms, including Toyota, rival Nissan and internet giant Google, have been working ...

  6. Business - Companies

    Toyota expects strong growth in US market

    Posted Sep 06th 2013, 10:06am

    ... Joe Szczesny in Detroit Toyota’s US turnaround is picking up momentum and the Japanese automaker expects strong growth in what promises to be a stable and prosperous market, a top company executive said. “We’re back on a very good growth curve,” Toyota Motor Sales executive vice president Bob Carter told Detroit’s Automotive Press Association. “We’re very positive about our future.” ...

  7. Business - Companies

    Toyota raises profit outlook on weak yen, strong US sales

    Posted Aug 02nd 2013, 03:30pm by Reuters

    ... Reuters in Tokyo Toyota Motor raised its operating profit forecast for the financial year ending March next year on Friday as the weaker yen makes exports more profitable and on the back ... forecast of 1.8 trillion yen. Friday’s revised figure nudges Toyota closer to the record profit mark of 2.27 trillion yen it booked in the year to March 2008. The average estimate of 26 analysts ...

  8. News - World - COURTS

    Family claims Toyota put profits ahead of lives

    Posted Jul 23rd 2013, 12:00am by AP

    ... was killed when her car hit a pole and a tree. Her case is the first to go to trial in a proceeding that could determine whether Toyota should be held liable for sudden unintended acceleration in its vehicles - a claim that plagued the Japanese carmaker and led to lawsuits, settlements and recalls of millions of its cars and SUVs. "Toyota decided to make safety an option instead ...

  9. Business - Companies

    Toyota heir takes centre stage in drive to shed 'boring' tag

    Posted Jul 01st 2013, 03:22pm by Reuters

    ... Toyota executives have sometimes seemed to share the personality of the automaker’s best-selling cars - dependable and efficient, but also a bit boring and bland. That’s changing. In recent months, Toyota founding family scion and President Akio Toyoda has emerged from the bureaucratic shadows to present himself as the company’s car-loving, fashion-forward salesman-in-chief. ...

  10. Business - Companies

    Toyota's China sales still head downhill

    Posted Apr 02nd 2013, 12:00am by Anita Lam

    ... Anita Lam anita.lam@scmp.com Toyota's China sales still head downhill Japanese carmaker Toyota said sales continued to fall at a double-digit rate in China last month, but its mainland partner expected a turnaround as new car models hit the market this year. Toyota and partner Guangzhou Automobile Corp (GAC) will showcase their first co-developed local electric car ...




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