toyota motor corp.

Jan 21, 2015

Toyota leads world sales in ’14

Toyota Motor Corp. stayed at the top in global vehicle sales in 2014, taking that auto industry crown for the third year straight, but was less upbeat about this year. The Japanese automaker sold 10.23 million vehicles, beating out Volkswagen and General Motors. But it expects to sell fewer trucks and cars this year, forecasting […]

Nov 8, 2011

Toyota quarterly profit drops 18.5 percent to $1B

TOKYO — Toyota said its quarterly profit slid 18.5 percent to 80.4 billion yen ($1 billion) on plunging sales caused by parts shortages from the tsunami disaster in northeastern Japan and warned it faces a new challenge from flooding in Thailand. Toyota Motor Corp. declined Tuesday to give a forecast for the full financial year […]

Aug 22, 2011

Ford, Toyota to work together on hybrid trucks

DEARBORN, Mich. — A chance meeting in an airport lobby between the top executives of Ford Motor Co. and Toyota Motor Corp. has evolved into a deal between the auto giants to jointly develop a gas-electric hybrid engine for pickup trucks and sport utility vehicles. The companies signed the agreement Monday to share development costs, […]

Jun 1, 2011

Toyota recalls 106,000 Prius cars

TOKYO — Toyota recalled 106,000 first-generation Prius hybrid cars globally on Wednesday for faulty steering caused by a nut that may come loose. The single minor accident suspected of being related to the problem was reported in the U.S., according to Toyota Motor Corp. The latest recall from Toyota, which has taken hit to its […]

Feb 8, 2011

Gov’t says no electronic flaws in Toyotas

WASHINGTON — The Obama administration’s investigation into Toyota safety problems found no electronic flaws to account for reports of sudden, unintentional acceleration and other safety problems. Government investigators said Tuesday the only known cause of the problems are mechanical defects that were fixed in previous recalls. The Transportation Department, assisted by engineers with NAS[...]

Jan 4, 2011

7 insurers sue Toyota over acceleration crashes

LOS ANGELES — Seven insurance companies have sued Toyota Motor Corp. in an attempt to recover money paid to cover crashes they blame on sudden acceleration. The insurers cite data that blames 725 crashes on the problem and fault the Japanese automaker for failing to equip its cars with an override system that would cause […]

Oct 28, 2010

New claims made against Toyota in defects case

LOS ANGELES — New court documents filed in a case against Toyota Motor Corp. claim the auto giant bought back cars with sudden acceleration defects and failed to report the problem to federal regulators. The allegations made in court documents filed Wednesday also say Toyota compelled car owners to sign confidentiality agreements that prevented them […]

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