A US district judge has granted preliminary approval to Japanese auto maker Toyota Motor's unintended acceleration settlement for over $1bn. According to court documents, the settlement is valued at over $1.3bn between Toyota and an ...
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Japan-based Toyota Motor is expecting its sales to reach 9.91 million units by 2013, up 2% compared to 9.7 million units in 2012. Toyota spokesman Joichi Tachikawa told Bloomberg that the company's overall sales in 2013 will rise 8% to ...
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Toyota Motor Corporation is deploying Microsoft software across the globe through a mix of cloud and on-premise software for its 200,000 staff. The two-year project sees the car manufacturer's North American operation use cloud-based ...
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Toyota Motor Corp. on Tuesday launched a completely remodeled Crown luxury sedan featuring an all-new design and improved safety functions. Toyota aims to expand its customer base in the midst of the shrinking domestic sedan market, by ...
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French automaker Peugeot has confirmed its conclusion of hybrid vehicle technology development venture with German luxury car maker BMW known as BMW Peugeot Citroen Electrification. Peugeot research and development head Guillaume Faury ...
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Japanese auto maker Toyota Motor is planning to launch 21 new or redesigned gasoline-electric powered cars by the end of 2015. Toyota expects the global sales of its hybrid vehicles to cross 1 million units in 2012 and will also see the ...
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Teijin Ltd a supplier of carbon fiber used in the Airbus SAS superjumbo jet, is considering plans to expand output in the US to meet demand for the lightweight material in cars and storage tanks for natural gas. Executive Vice President ...
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Business Standard reported that Japanese automobile majors Honda Motor Company and Toyota Motor Corporation are looking at shaping up their domestic operations as major parts exporters after the introduction of India specific models Brio ...
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Toyota Motor Corporation has agreed to pay a record US$17.35 million($16.49 million)fine for failing to report a safety defect to the US federal government"in a timely manner"without admitting to any violation of its obligations under the ...
Tags: Toyota, fine US$17m, safety defect, NHTSA
Toyota Australia has opened a new state-of-the-art engine plant, making it the first Australian car manufacturer to produce both petrol and hybrid engines. Located in Altona, west of Melbourne, the plant will produce about ...
Toyota has produced its three-millionth vehicle in Australia as the Japanese car maker continues a year of production milestones. The three-millionth car,a Toyota Camry Hybrid,marked the production achievement at a ceremony at Toyota's ...
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TOYOTA Motor Corp may delay the launch of a new production line at its plant in Tianjin because a decline in its Chinese sales is likely to continue for the foreseeable future, Japan's Asahi newspaper reported yesterday. Toyota had ...
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PTI quoted TKM said that it 26% decline in sales at 10,352 units during November 2012. It had sold 13,956 units in the same month last year. TKM, a JV between Japan’s Toyota Motor Corp and the Kirloskar Group said that sales ...
Tags: Toyota, sales decline, plant shutdown
Japanese carmaker Toyota Motor (TMC) has unveiled the new 2013 Avalon sedan in both gasoline and hybrid variants. The gasoline variant of Avalon sedan will be powered by a 3.5 litre DOHC V6 engine mated to a six-speed automatic ...
Tags: Toyota, Toyota Avalon, hybrid powertrains
Toyota Motor Manufacturing Canada (TMMC) is planning to invest more than $100m at its Cambridge, Ontario facility to increase the production of Lexus RX. As per the plan, the carmaker will hire 400 emplyees and increase the production ...
Tags: Toyota Motor Manufacturing Canada, Lexus RX, RX450h vehicles