AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Toyota targets growth in Europe

April 4, 2013 06:01 CET
Since he was appointed Toyota Europe CEO in 2010 French engineer Didier Leroy led the automaker's operations in the region back to its first profit since 2007 for the fiscal year that ended March 31. Despite the European market slump, Leroy expects Toyota to increase vehicle sales and remain profitable this year, thanks to a renewed compact car lineup and an expansion of hybrid offerings.... Read More »

 

Toyota sees European profit as revamp bears fruit

March 5, 2013 10:32 CET
Toyota will turn a profit in its European automotive business during the current fiscal year, ending this month, for the first time since 2007.... Read More »

 

Toyota Europe reconfirms it will be profitable this year

Dec. 27, 2012 06:01 CET
Toyota Europe's boss reconfirmed that the company's automaking operations will make money for the first time in five years.... Read More »

 

BRUCE GAIN

Lexus may be profitable in Europe in two years

12:01 am U.S. ET | Sept. 27, 2012
Toyota expects its Lexus brand to make money soon in Europe despite a very tough competitive environment and an unfavorable yen/euro exchange rate.... Read More »

 

Toyota wants car sales of 1 million, profit in Europe

Aug. 9, 2012 06:01 CET
From 2005 to 2007, Toyota consistently sold more than 1 million cars a year in the 56-countries that make up its European market. The problem is that it wasn't making any money. After some rough times that included last year's natural disasters in Japan and Thailand, Toyota is determined to boost European sales above the 1-million mark again within two to three years – and do so profitably. The man pushing Toyota toward these goals is European CEO Didier Leroy.... Read More »

 

PSA to make vans for Toyota in Europe

July 23, 2012 10:34 CET
PSA and Toyota signed an agreement for the French carmaker to supply light commercial vans to the Japanese auto manufacturer to sell under its own brand in Europe. PSA will provide medium-sized vans from a plant in Lieu Saint-Amand, France, starting in the second quarter of 2013.... Read More »