Toyota Motor Corp http://www.globalpost.com/taxonomy/term/23179/all en CORRECTED-UPDATE 3-US auto sales close out 2012 on positive note http://www.globalpost.com/dispatch/news/thomson-reuters/130103/corrected-update-3-us-auto-sales-close-out-2012-positive-note <p>(Removes reference to 2012 in paragraph 5, to make clear that entire paragraph refers to 2013 industry projections) * Industry on pace to turn in best year since 2007 * Toyota, Honda gained market share in 2012 * Toyota's U.S. December sales up 9 pct, GM up 5 pct * Economic uncertainty in 2013 may dampen sales By Bernie Woodall and Ben Klayman DETROIT, Jan 3 (Reuters) - U.S.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130103/corrected-update-3-us-auto-sales-close-out-2012-positive-note" target="_blank">read more</a></p> Automotive industry Bankruptcy Business Car classifications Chrysler Group LLC Company Affiliates Company Competitor Conference Call Ford Motor Co Ford Motor Company General Motors General Motors Co GM Honda Honda Motor Co Ltd. Hyundai Motor Company Late-2000s financial crisis Natural Disaster Nissan Motors Person Career Person Location Pickup truck Quotation Toyota Toyota Motor Corp Transport United States Volkswagen Thomson Reuters Fri, 04 Jan 2013 04:15:30 +0000 5731097 at http://www.globalpost.com Father of Prius hybrid set to become Toyota chairman - execs http://www.globalpost.com/dispatch/news/thomson-reuters/130121/father-prius-hybrid-set-become-toyota-chairman-execs <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Norihiko Shirouzu and Kentaro Sugiyama</p> <p>BEIJING/TOKYO, Jan 22 (Reuters) - The man who led the development of Toyota Motor Corp's Prius hybrid car is set to become the Japanese automaker's chairman as early as this year, said two senior executives familiar with the matter, in a boardroom shuffle that should do little to lessen president Akio Toyoda's grip.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130121/father-prius-hybrid-set-become-toyota-chairman-execs" target="_blank">read more</a></p> Business Human Interest Private transport Technology Toyota Toyota Motor Corp Transport Thomson Reuters Tue, 22 Jan 2013 03:30:04 +0000 Thomson Reuters 5737553 at http://www.globalpost.com Calif. DA says Toyota to pay $16M settlement http://www.globalpost.com/dispatch/news/asianet/130409/calif-da-says-toyota-pay-16m-settlement <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Asianet </div> </div> </div> <!--paging_filter--><p></p><P> A $16 million settlement over the safety recall of Toyota vehicles that were at risk for unintended acceleration and braking issues was announced Friday by Orange County prosecutors and Toyota Motor Corp.</p><P>The suit was one of a flood of cases brought against the automaker after more than 14 million vehicles were recalled in 2009 and 2010 __ many of them still waiting to be heard or settled.</p><P>In the suit, Orange County District Attorney Tony Rackauckas claimed deceptive business practices, alleging Toyota had concealed safety issues related to its floor mats and "sticky" gas pedal</p> <p><a href="http://www.globalpost.com/dispatch/news/asianet/130409/calif-da-says-toyota-pay-16m-settlement" target="_blank">read more</a></p> Automotive industry Law Safety Toyota Motor Corp Transport Asianet Tue, 09 Apr 2013 16:33:46 +0000 Asianet 5807724 at http://www.globalpost.com Toyota plots China fightback with new, no-frills car http://www.globalpost.com/dispatch/news/thomson-reuters/130419/toyota-plots-china-fightback-new-no-frills-car <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Norihiko Shirouzu</p> <p>SHANGHAI (Reuters) - Toyota Motor Corp &lt;7203.T&gt; will unveil a new, no-frills entry-level car at the Shanghai auto show later on Saturday, which insiders say could be a make-or-break model for the Japanese firm's future in China, the world's biggest autos market.</p> <p>The car, which has yet to be publicly named, is a key plank in Toyota's fightback strategy in a market where its sales were battered last year in the fallout from a row between Beijing and Tokyo over disputed islands in the East China Sea.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130419/toyota-plots-china-fightback-new-no-frills-car" target="_blank">read more</a></p> Business Private transport Subcompact cars Toyota Motor Corp Transport Thomson Reuters Fri, 19 Apr 2013 21:30:41 +0000 Thomson Reuters 5820647 at http://www.globalpost.com Toyota quarterly profit more than doubles to 314 billion yen ($3.2 billion) on yen, cost cuts http://www.globalpost.com/dispatch/news/the-canadian-press/130508/toyota-quarterly-profit-more-doubles-314-billion-yen-32-bill <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>TOKYO - Toyota's quarterly profit more than doubled to 313.9 billion yen ($3.2 billion) as cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback.</p> <p>Toyota Motor Corp., which last year reclaimed the title of world's top-selling automaker, said Wednesday it expects the strong results to continue in its new business year that ends March 2014. It projected a 1.37 trillion yen ($13.8 billion) profit, up from 962 billion yen for the year ended March 2013.</p> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/130508/toyota-quarterly-profit-more-doubles-314-billion-yen-32-bill" target="_blank">read more</a></p> Akio Toyoda Economy of Japan Toyota Toyota Motor Corp Transport The Canadian Press Wed, 08 May 2013 13:37:46 +0000 The Canadian Press 5833359 at http://www.globalpost.com Toyota to offer traffic data service in Japan from next month http://www.globalpost.com/dispatch/news/the-canadian-press/130529/toyota-offer-traffic-data-service-japan-next-month <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>TOKYO - Toyota is using real-time traffic information from 700,000 Toyota vehicles on Japanese roads to offer what it calls a "big data" service to local governments and businesses that helps drivers during disasters.</p> <p>Toyota Motor Corp. said Wednesday the $2,000-a month service will start June 3 in Japan.</p> <p>Overseas services are being considered but nothing has been decided, said managing officer Shigeki Tomoyama.</p> <p>Data from Toyota vehicles on roads is already being collected automatically.</p> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/130529/toyota-offer-traffic-data-service-japan-next-month" target="_blank">read more</a></p> Toyota Toyota Motor Corp The Canadian Press Wed, 29 May 2013 15:49:06 +0000 The Canadian Press 5847930 at http://www.globalpost.com May Auto Sales: Toyota http://www.globalpost.com/dispatch/news/the-canadian-press/130605/may-auto-sales-toyota <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>TORRANCE, Calif. - Toyota Motor Corp. said Monday that its U.S. sales rose 2.5 per cent in May on strong numbers for new cars from its Lexus luxury brand.</p> <p>BY THE NUMBERS: Lexus car sales were up 29 per cent to 12,422, led by the ES midsize sedan, which doubled to 5,890. But Lexus utility sales were down 17 per cent. Toyota brand car sales were up 4 per cent but truck sales were flat.</p> <p>TOP SELLER: Sales of the Toyota Camry midsize sedan fell less than 1 per cent to 39,216.</p> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/130605/may-auto-sales-toyota" target="_blank">read more</a></p> Private transport Sedans Toyota Motor Corp Transport The Canadian Press Wed, 05 Jun 2013 19:24:18 +0000 The Canadian Press 5851605 at http://www.globalpost.com Toyota heir takes centre stage in drive to shed 'boring' tag http://www.globalpost.com/dispatch/news/thomson-reuters/130630/toyota-heir-takes-centre-stage-drive-shed-boring-tag <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Yoko Kubota</p> <p>NAGOYA, Japan (Reuters) - Toyota Motor Corp &lt;7203.T&gt; executives have sometimes seemed to share the personality of the automaker's best-selling cars - dependable and efficient, but also a bit boring and bland.</p> <p>That's changing. In recent months, Toyota founding family scion and President Akio Toyoda has emerged from the bureaucratic shadows to present himself as the company's car-loving, fashion-forward salesman-in-chief.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130630/toyota-heir-takes-centre-stage-drive-shed-boring-tag" target="_blank">read more</a></p> Akio Toyoda Business Economy of Japan Human Interest Toyota Toyota Motor Corp Transport Thomson Reuters Sun, 30 Jun 2013 23:03:04 +0000 Thomson Reuters 5871974 at http://www.globalpost.com Lingering tensions prompt Toyota to mull shifting focus in China http://www.globalpost.com/dispatch/news/thomson-reuters/130703/lingering-tensions-prompt-toyota-mull-shifting-focus-china <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Norihiko Shirouzu</p> <p>BEIJING (Reuters) - Toyota and its dealers are quietly maneuvering to allay risks from periodic eruptions of anti-Japan sentiment in China, even as recent sales data suggest a slow but steady recovery for Japanese automakers since the latest flare-up last year.</p> <p>China sales for Toyota Motor Corp &lt;7203.T&gt; and other Japanese car makers tumbled after a territorial dispute between Beijing and Tokyo sparked an outbreak of anti-Japanese protests in September last year.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130703/lingering-tensions-prompt-toyota-mull-shifting-focus-china" target="_blank">read more</a></p> Private transport Toyota Toyota Motor Corp Transport Thomson Reuters Wed, 03 Jul 2013 22:04:24 +0000 Thomson Reuters 5875100 at http://www.globalpost.com General Motors global sales rise 4 per cent in first half of year, may have gained on Toyota http://www.globalpost.com/dispatch/news/the-canadian-press/130716/general-motors-global-sales-rise-4-cent-first-half-year-may- <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>DETROIT - General Motors' global sales grew almost 4 per cent in the first half of the year, enough to fend off Volkswagen for second place and perhaps close the gap with sales leader Toyota.</p> <p>GM said Tuesday that it sold 4.85 million cars and trucks worldwide from January through June. That puts GM on pace for sales of around 9.7 million for the year.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2013 Canadian Press.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/130716/general-motors-global-sales-rise-4-cent-first-half-year-may-" target="_blank">read more</a></p> Business General Motors General Motors General Motors Co Labor Law Toyota Toyota Motor Corp Transport The Canadian Press Tue, 16 Jul 2013 14:01:56 +0000 The Canadian Press 5885242 at http://www.globalpost.com Toyota revs up quality control with training centre, fancy test course to avoid recall fiasco http://www.globalpost.com/dispatch/news/the-canadian-press/130722/toyota-revs-quality-control-training-centre-fancy-test-cours <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>TAJIMI, Japan - Toyota is opening a training facility for mechanics complete with a test course that simulates 13 driving conditions including cobblestones and bumpy roads as part of the automaker's efforts to avoid a repeat of its recall fiasco.</p> <p>A ceremony with Toyota Motor Corp. President Akio Toyoda and government officials was held at the 9 billion yen ($90 million) Tajimi Service Center Monday in Gifu Prefecture, central Japan, near Toyota city where the car maker is headquartered.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2013 Canadian Press.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/130722/toyota-revs-quality-control-training-centre-fancy-test-cours" target="_blank">read more</a></p> Human Interest Private transport Technology Toyota Toyota Motor Corp Transport The Canadian Press Mon, 22 Jul 2013 08:32:57 +0000 The Canadian Press 5889999 at http://www.globalpost.com Former GM executive on Toyota board sees automaker becoming less insular, more responsive http://www.globalpost.com/dispatch/news/the-canadian-press/130723/former-gm-executive-toyota-board-sees-automaker-becoming-les <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>NAGOYA, Japan - Mark Hogan, a former General Motors Co. executive tapped to join the Toyota board, sees his appointment as a sign of change at the Japanese automaker and hopes he'll play a role in the company becoming less insular and quicker in decision making.</p> <p>Hogan's appointment, announced in March and approved by shareholders last month, is the first time in Toyota's 76-year history that it has appointed a director from outside the company.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2013 Canadian Press.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/130723/former-gm-executive-toyota-board-sees-automaker-becoming-les" target="_blank">read more</a></p> Akio Toyoda Business Toyota Toyota Motor Corp Transport The Canadian Press Tue, 23 Jul 2013 13:13:23 +0000 The Canadian Press 5890956 at http://www.globalpost.com Toyota opens its inner circle to outsiders for overseas push http://www.globalpost.com/dispatch/news/thomson-reuters/130723/toyota-opens-its-inner-circle-outsiders-overseas-push <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Yoko Kubota</p> <p>NAGOYA, Japan (Reuters) - Mark Hogan, a former General Motors Co &lt;GM.N&gt; executive, says he often chided Toyota Motor Corp &lt;7203.T&gt; for its weakness in fast-growing Brazil and Argentina despite having reached the No. 1 spot in the global industry.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130723/toyota-opens-its-inner-circle-outsiders-overseas-push" target="_blank">read more</a></p> Business Private transport Toyota Toyota Motor Corp Transport Thomson Reuters Tue, 23 Jul 2013 14:04:34 +0000 Thomson Reuters 5891100 at http://www.globalpost.com Toyota remains top automaker in first half global sales at 4.91 million vehicles, outpaces GM http://www.globalpost.com/dispatch/news/the-canadian-press/130726/toyota-remains-top-automaker-first-half-global-sales-at-491- <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>TOKYO - Toyota shrugged off China sales woes to stay the world's top selling automaker for the first half of this year, outpacing U.S. rival General Motors Co., which boasted such bragging rights for seven decades until 2008.</p> <p>Toyota Motor Corp. sold 4.91 million cars and trucks around the world for the January-June period, down 1.2 per cent from the previous year, according to numbers it released Friday.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2013 Canadian Press.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/130726/toyota-remains-top-automaker-first-half-global-sales-at-491-" target="_blank">read more</a></p> Business Labor Law Private transport Toyota Toyota Motor Corp Transport The Canadian Press Fri, 26 Jul 2013 06:03:42 +0000 The Canadian Press 5894253 at http://www.globalpost.com Toyota helped by cheap yen nearly doubles quarterly profit, raises annual forecasts http://www.globalpost.com/dispatch/news/the-canadian-press/130802/toyota-helped-cheap-yen-nearly-doubles-quarterly-profit-rais <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>TOKYO - Toyota Motor Corp. said its profit for the first quarter of the fiscal year nearly doubled from a year ago, and set an ambitious, worldwide production goal that would break industry records if reached.</p> <p>The Tokyo-based maker of the Prius hybrid and Camry sedan said profit for the April-June quarter rose to 562.1 billion yen ($5.6 billion) after getting a big boost from a weak yen.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2013 Canadian Press.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/130802/toyota-helped-cheap-yen-nearly-doubles-quarterly-profit-rais" target="_blank">read more</a></p> Human Interest Private transport Toyota Toyota Motor Corp Transport The Canadian Press Fri, 02 Aug 2013 08:05:11 +0000 The Canadian Press 5900754 at http://www.globalpost.com