Japan Sales

Toyota makes Prius a priority as automaker faces a 'turning point'

1:04 pm U.S. ET | Sept. 11, 2011
Two weeks after Japan's March earthquake knocked out more than 650 of Toyota's suppliers, halting global output, the automaker had to decide where to focus its resources. It picked the Prius. It was the latest setback for an auto giant unaccustomed to crisis. "The last several years have been a triple shock for Toyota," said Masatoshi Nishimoto, an analyst for consultant IHS. "It's now at a major turning point."... Read More »