Toyota

Toyota recycling program gives second life to parts

12:40 pm U.S. ET | Feb. 5, 2016

One automaker’s junk is becoming one of its treasures. Toyota Motor Sales, along with Boles Parts Supply, takes bumper covers and recycles them in the form of shredding.... Read More »

Toyota quarterly net income rises 4.7% to $5.4 billion

Feb. 5, 2016 09:23 CET

Toyota posted a 4.7 percent gain in quarterly net income and raised its full-year profit forecast slightly due to strong demand in the U.S.... Read More »

NEWS ANALYSIS

Scion is not Japan's only failed U.S. brand

11:31 am U.S. ET | Feb. 3, 2016

Japanese failures in the United States are rare, but there have been a few. And with the death of Scion, announced today, Toyopet no longer stands alone as Toyota’s only failed brand.... Read More »

Luxury car sales surge in Russia despite crisis

Feb. 3, 2016 16:34 CET

More and more Porsche, Bentley and Rolls-Royce cars are appearing on Russian roads as wealthy buyers take advantage of a weak ruble that means luxury cars are considerably cheaper in Russia than in the U.S.... Read More »

Toyota to scrap Scion brand, keep the cars

9:33 am U.S. ET | Feb. 3, 2016

Toyota is pulling the plug on Scion, the funky upstart brand it launched in 2002 to appeal to the finicky younger buyers it was struggling to connect with on its own.... Read More »

Denso lowers full-year profit forecast, expects yen to strengthen

11:22 am U.S. ET | Feb. 3, 2016

Toyota-affiliated supplier Denso today lowered its full-year net profit forecast by almost 5 percent, saying it expects the yen to strengthen slightly against the U.S. dollar.... Read More »

Toyota Motor Credit reaches pact with CFPB over discriminatory loan pricing

4:11 pm U.S. ET | Feb. 2, 2016

Toyota Motor Credit has agreed to pay up to $21.9 million and limit its retail margins on auto loans to settle U.S. Department of Justice and Consumer Financial Protection Bureau allegations that it overcharged minority borrowers on their auto loans.... Read More »

Toyota recalls 320,000 vehicles for side airbag issue

5:30 pm U.S. ET | Feb. 2, 2016

Toyota today said it is recalling about 320,000 vehicles from the 2003-06 model years for an airbag-related defect. The recall affects the 2003-06 Toyota Land Cruiser, 2004-06 4Runner, 2005-06 Tundra, 2005-06 Sequoia, 2003-06 Lexus LX 470 and 2004-06 Lexus GX 470.... Read More »

Toyota down 4.7% as cars undercut truck gains

3:00 pm U.S. ET | Feb. 2, 2016

Toyota Motor Sales started 2016 with a tap on the brakes, reporting a 4.7 percent decline in January sales from a year ago to 161,283 vehicles.... Read More »

Toyota's U2 van concept to pop up in Toronto

10:29 am U.S. ET | Feb. 2, 2016

Toyota's U2 Urban Utility small delivery van concept will make its global auto show debut in Toronto next week. The U2 -- pronounced “U-squared” -- features retracting roof panels and a “configurable utility rail system,” according to a news release.... Read More »

Lexus reports record global sales in 2015; aims higher in 2016

6:39 am U.S. ET | Feb. 2, 2016

Lexus may not have reclaimed the U.S. luxury sales title in 2015, but by any other measure, it was a champion year for the Japanese premium brand.... Read More »

HANS GREIMEL

BLOG: In Daihatsu deal, Toyota zigs while Detroit zags

11:14 am U.S. ET | Feb. 1, 2016

Toyota is zigging, while Detroit zags on a key strategy: How important are small cars and emerging markets to determining future winners and losers. Toyota placed its bet last week, agreeing to buy all of Daihatsu for a stronger foothold in both.... Read More »

Toyota's fuel-thrifty Prius family may decrease as the automaker ponders strategy

12:01 am U.S. ET | Feb. 1, 2016

In early 2011, Toyota issued a bold prediction: The Prius family of vehicles would be Toyota's best-selling nameplate in the U.S. by the end of the decade. Five years later, things have changed.... Read More »

Can Nissan breach Fortress Detroit?

12:01 am U.S. ET | Feb. 1, 2016

Nissan wants to be king of the imports in Detroit, where it barely has a presence and imports barely matter.... Read More »

Toyota to suspend Japan output for 6 days as steel parts run low

8:54 pm U.S. ET | Jan. 31, 2016

Toyota will suspend production at all assembly lines in Japan for six days this month due to a parts shortage, hitting exports of such cars as Lexus luxury vehicles. The shutdown comes after a Jan. 8 explosion at a steel factory in Japan.... Read More »

Cheap gas hits hybrid, EV residuals

12:01 am U.S. ET | Jan. 30, 2016

Beware! Falling gasoline prices are hitting the residual values of used hybrids, electrics and plug-ins - hard. The influx of used small cars set to return to the market is just going to make matters worse.... Read More »

NICK GIBBS

BLOG: Nissan claims win in Europe, but Toyota had more sales

12:01 am U.S. ET | Jan. 29, 2016

Nissan claims it has achieved a long-stated goal of becoming the No. 1 Asian automaker in Europe by outselling Toyota last year. But Nissan's total was nearly 100,000 less than Toyota's. So which automaker won?... Read More »

Toyota, crimped by steel shortage, may suspend Japan output

10:18 pm U.S. ET | Jan. 29, 2016

Toyota said it may halt production at its plants in Japan early next month due to a steel shortage, following an explosion at a steel plant operated by one of its affiliates.... Read More »

New York port operations resume after brief work stoppage

6:12 pm U.S. ET | Jan. 29, 2016

Operations at New York and New Jersey's cargo terminals, one of the largest transfer points for new-vehicle shipments in the U.S., were being restored late Friday after more than a thousand longshoremen walked off the job earlier in the day.... Read More »

Toyota will buy out rest of Daihatsu for $3 billion amid push into small cars

Jan. 29, 2016 12:03 CET

Toyota said it will buy out the rest of Daihatsu in a deal worth about $3 billion as part of its strategy to strengthen its push into small cars for emerging markets.... Read More »

Toyota will decide on buying out rest of Daihatsu on Friday, report says

Jan. 28, 2016 11:56 CET

Toyota and Daihatsu will decide at board meetings on Friday if Toyota will make the minivehicle maker a wholly owned subsidiary, Reuters reported. Toyota already owns a 51.2 percent stake in the smaller automaker.... Read More »

Lexus recalls RX350, RX450h crossovers for airbag flaw

3:37 pm U.S. ET | Jan. 27, 2016

Toyota is recalling 6,000 new Lexus RX350 and RX450h crossovers from the 2016 model year to fix issues related to airbags.... Read More »

HANS GREIMEL

BLOG: Suzuki shares surge on report of talks with Toyota

12:55 pm U.S. ET | Jan. 27, 2016

Suzuki shares surged on the Tokyo Stock Exchange today amid speculation the minicar specialist is seeking a new alliance partner after its acrimonious breakup with Volkswagen.... Read More »

Toyota stays top-selling automaker for fourth year as VW retreats

Jan. 27, 2016 10:40 CET

Toyota stayed the world's top-selling automaker for the fourth straight year and was the only company to deliver more than 10 million vehicles as Volkswagen fell back amid its emissions scandal.... Read More »

Toyota considers Daihatsu buyout, denies Suzuki tie-up talks

Jan. 27, 2016 08:50 CET

Toyota said it was considering buying out the rest of minivehicle maker Daihatsu, a $3.2 billion deal at current market prices, but denied a report that it was in partnership talks with Daihatsu rival Suzuki.... Read More »

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