Toyota http://www.globalpost.com/taxonomy/term/30150/all en Toyota quadruples April-December profit, ups forecast http://www.globalpost.com/dispatch/news/afp/130205/toyota-quadruples-april-december-profit-ups-forecast <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Toyota said Tuesday that its net profit quadrupled for the nine months to December as the Japanese auto giant revised upward its full-year profit and sales forecast.</p> <p>The company said it earned 648.2 billion yen ($7.0 billion) for the period, up from 162.5 billion yen a year earlier, underscoring its recovery from 2011 when automakers were pounded by Japan's quake-tsunami disaster.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130205/toyota-quadruples-april-december-profit-ups-forecast" target="_blank">read more</a></p> Entertainment Japanese yen Late-2000s financial crisis Toyota Toyota AFP Tue, 05 Feb 2013 06:45:38 +0000 5746073 at http://www.globalpost.com Toyota quadruples April-December profit, ups forecast http://www.globalpost.com/dispatch/news/afp/130205/toyota-quadruples-april-december-profit-ups-forecast-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Toyota said Tuesday net profit in the nine months to December quadrupled while it also lifted its full-year earnings outlook, reflecting the car giant's recovery from the Japan's 2011 quake-tsunami.</p> <p>The results from the world's number one auto maker were boosted by sales in debt-struck Europe as well as the United States and Asia, and by the weakening yen.</p> <p>Toyota did not break out its latest figures for China, the world's biggest vehicle market, where a diplomatic row between Tokyo and Beijing sparked a consumer boycott of Japanese goods.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130205/toyota-quadruples-april-december-profit-ups-forecast-0" target="_blank">read more</a></p> Economy of Japan Entertainment Toyota Toyota Transport AFP Tue, 05 Feb 2013 08:30:40 +0000 5746123 at http://www.globalpost.com Toyota quadruples April-December profit, ups forecast http://www.globalpost.com/dispatch/news/afp/130205/toyota-quadruples-april-december-profit-ups-forecast-1 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Toyota said Tuesday net profit in the nine months to December quadrupled while it also lifted its full-year earnings outlook, reflecting the car giant's recovery from Japan's 2011 quake-tsunami.</p> <p>The world's number one automaker credited a sales boost in debt-struck Europe as well as the United States and Asia for the rise, and a weaker yen.</p> <p>Toyota did not break out its latest figures for China, the world's biggest vehicle market, where a diplomatic row between Tokyo and Beijing sparked a consumer boycott of Japanese goods.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130205/toyota-quadruples-april-december-profit-ups-forecast-1" target="_blank">read more</a></p> Automotive industry in Japan Economy of Japan Entertainment Toyota Transport AFP Tue, 05 Feb 2013 09:46:21 +0000 5746163 at http://www.globalpost.com Toyota quadruples April-December profit, ups forecast http://www.globalpost.com/dispatch/news/afp/130205/toyota-quadruples-april-december-profit-ups-forecast-2 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Toyota said Tuesday net profit in the nine months to December quadrupled while it also lifted its full-year earnings outlook, reflecting the car giant's recovery from Japan's 2011 quake-tsunami.</p> <p>The world's number one automaker credited a sales boost in debt-struck Europe as well as the United States and Asia for the rise, and a weaker yen.</p> <p>Toyota did not release its latest figures for China, the world's biggest vehicle market, where a diplomatic row between Tokyo and Beijing sparked a consumer boycott of Japanese goods late last year.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130205/toyota-quadruples-april-december-profit-ups-forecast-2" target="_blank">read more</a></p> Automotive industry in Japan Economy of Japan Entertainment Toyota Transport AFP Tue, 05 Feb 2013 10:30:52 +0000 5746194 at http://www.globalpost.com Toyota to ship US-built cars to Russia, Ukraine http://www.globalpost.com/dispatch/news/afp/130226/toyota-ship-us-built-cars-russia-ukraine <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Toyota will begin exporting US-built cars to Russia and Ukraine in the coming months, the Japanese automaker said Tuesday.</p> <p>The announcement comes after Toyota's US exports hit a new record by jumping 45 percent to more than 124,000 vehicles in 2012.</p> <p>The decision marks the first time Toyota has exported US-built vehicles to Europe, where it also has a significant manufacturing presence.</p> <p>"We'll continue to look for (export) opportunities in Europe whether it be for Venza or other models," Toyota spokesman Javier Moreno told AFP.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130226/toyota-ship-us-built-cars-russia-ukraine" target="_blank">read more</a></p> Private transport Toyota Toyota Venza Transport AFP Tue, 26 Feb 2013 18:31:49 +0000 5767584 at http://www.globalpost.com Toyota makes first profit in Europe since 2007 http://www.globalpost.com/dispatch/news/afp/130304/toyota-makes-first-profit-europe-2007 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Japanese auto giant Toyota's European business is set to turn a profit in the 2012-2013 financial year after a five-year hiatus, a senior official said on Monday at the Geneva International Motor Show.</p> <p>"It will be the first time since 2007 that Toyota will be profitable in Europe," Didier Leroy, head of the group's European operations, told reporters.</p> <p>Over the first nine months of Toyota's financial year -- which runs from April to the end of March -- the group said it had earned 209 million euros ($272 million).</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130304/toyota-makes-first-profit-europe-2007" target="_blank">read more</a></p> Automotive industry Entertainment Europe Toyota Toyota AFP Mon, 04 Mar 2013 19:30:46 +0000 5773159 at http://www.globalpost.com Toyota shake-up signals new direction: analysts http://www.globalpost.com/dispatch/news/afp/130307/toyota-shake-signals-new-direction-analysts <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>A management shake-up at Toyota heralds a new era which will force the firm to look beyond the narrow confines of corporate life in Japan and help it in the global marketplace, analysts said on Thursday.</p> <p>The world's largest automaker said Wednesday it had appointed three outside board members for the first time, and would appoint non-Japanese CEOs in the US, Africa and Latin America, in addition to Europe.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130307/toyota-shake-signals-new-direction-analysts" target="_blank">read more</a></p> Akio Toyoda Toyota Toyota Transport AFP Thu, 07 Mar 2013 12:01:25 +0000 5775995 at http://www.globalpost.com Toyota pays $16 million to settle US acceleration suit http://www.globalpost.com/dispatch/news/afp/130406/toyota-pays-16-million-settle-us-acceleration-suit <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Toyota has agreed to a $16 million deal with a southern Californian county over charges the Japanese auto giant hid safety issues linked to unintended acceleration of cars, officials said Friday.</p> <p>Toyota issued recalls in 2009 and 2010 affecting nearly six million vehicles in the United States due to the risk caused by floor mats and "sticky" gas pedal issues, said Orange County District Attorney Tony Rackauckas.</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.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130406/toyota-pays-16-million-settle-us-acceleration-suit" target="_blank">read more</a></p> Private transport Safety Toyota Transport AFP Sat, 06 Apr 2013 04:30:23 +0000 5803191 at http://www.globalpost.com Toyota hybrid sales over 1.2 mn in a year http://www.globalpost.com/dispatch/news/afp/130417/toyota-hybrid-sales-over-12-mn-year <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Japanese auto giant Toyota said Wednesday it had sold over 1.2 million hybrid cars around the world last year, more than doubling sales in the previous 12 months.</p> <p>The company -- the world's biggest automaker -- said it had shifted around 1,219,000 million duel fuel cars, including green celebrities' favourite Prius.</p> <p>The figure means around 14 percent of all vehicles Toyota sold last year were hybrids.</p> <p>The home market, where subsidies for environmentally friendly cars were in place for much of calendar year 2012, accounted for more than half of the sales.</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.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130417/toyota-hybrid-sales-over-12-mn-year" target="_blank">read more</a></p> Environment Green vehicles Human Interest Private transport Toyota Transport AFP Wed, 17 Apr 2013 10:16:10 +0000 5818148 at http://www.globalpost.com Toyota rolls out sleek new Corolla to match competition and pull in younger buyers http://www.globalpost.com/dispatch/news/the-canadian-press/130607/toyota-rolls-out-sleek-new-corolla-match-competition-and-pul <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 - Toyota is giving the Corolla a sportier look and more gadgets, a recognition by the world's biggest automaker that the under-50 crowd wants more than just reliability in a compact car.</p> <p>The world's largest automaker rolled out the 2014 version of America's top-selling compact Thursday night at a splashy event in Santa Monica, Calif., hoping to shed the old version's no-frills image and attract new, younger buyers.</p> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/130607/toyota-rolls-out-sleek-new-corolla-match-competition-and-pul" target="_blank">read more</a></p> Private transport Sedans Technology Toyota Transport The Canadian Press Fri, 07 Jun 2013 19:20:52 +0000 5852707 at http://www.globalpost.com Toyota, Ford end hybrid partnership http://www.globalpost.com/dispatch/news/afp/130723/toyota-ford-end-hybrid-partnership <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Toyota and Ford have ended a partnership to jointly develop gas-electric hybrid systems for trucks and sport utility vehicles, the automakers said Tuesday.</p> <p>"We know what it takes to build world-class hybrids, and we now will build and leverage that expertise in-house," said Raj Nair, Ford's chief of global product development. </p> <p>"By continuing to develop a rear-wheel-drive hybrid system on our own, we can extend our advanced hybrid technologies to new vehicle segments and deliver even better fuel economy across our lineup."</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.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130723/toyota-ford-end-hybrid-partnership" target="_blank">read more</a></p> Electric vehicles Ford Green vehicles Technology Toyota Transport AFP Tue, 23 Jul 2013 23:34:04 +0000 5891811 at http://www.globalpost.com Toyota says April-June profit soars, ups forecast http://www.globalpost.com/dispatch/news/afp/130802/toyota-says-april-june-profit-soars-ups-forecast-1 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Toyota said Friday net profit almost doubled to a record $5.64 billion for the three months to June, and said it was on track to produce over 10 million vehicles worldwide this year.</p> <p>The world's biggest automaker has ramped up its bid to tap emerging markets while key US demand has also been on the upswing, helping Toyota to book ever-increasing profits over the last year.</p> <p>The Camry and Corolla maker tripled its net profit in the past fiscal year with a slump in the yen helping Japanese manufacturers' bottom line.</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.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130802/toyota-says-april-june-profit-soars-ups-forecast-1" target="_blank">read more</a></p> Automotive industry in Japan Business Economy of Japan Toyota Transport AFP Fri, 02 Aug 2013 08:32:25 +0000 5900781 at http://www.globalpost.com Toyota recalls 342,000 Tacoma pickups to fix seat belt problems http://www.globalpost.com/dispatch/news/the-canadian-press/130808/toyota-recalls-342000-tacoma-pickups-fix-seat-belt-problems <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 - Toyota is recalling 342,000 Tacoma midsize pickup trucks because the front seat belts can malfunction.</p> <p>The recall affects 2004 to 2011 Access Cab models with a small door to the rear passenger compartment.</p> <p>Toyota says screws that attach part of the seat belts to the mechanism that retracts the belts can come loose if the rear door is closed repeatedly and forcefully. If that happens, the belts may not work properly for the driver or front passenger.</p> <p>Toyota says no crashes or injuries have been reported from the problem.</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/130808/toyota-recalls-342000-tacoma-pickups-fix-seat-belt-problems" target="_blank">read more</a></p> Land transport Private transport Toyota Transport The Canadian Press Thu, 08 Aug 2013 13:02:26 +0000 5905410 at http://www.globalpost.com Toyota plans push for more sales in Brazil, Mexico http://www.globalpost.com/dispatch/news/afp/130828/toyota-plans-push-more-sales-brazil-mexico <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Toyota said Wednesday that it plans a new push to boost its market share in Latin America, saying it underperforms in Brazil and Mexico, the region's largest economies.</p> <p>Mark Hogan, former president of Magna International and former General Motors executive, who became the first American to serve on Toyota's board of directors on June 1, told reporters that Toyota needs to expand its footprint in the two countries.</p> <p>"Toyota is an extremely strong brand in Brazil but it underperforms in the market," Hogan told reporters during a Toyota press event.</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.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130828/toyota-plans-push-more-sales-brazil-mexico" target="_blank">read more</a></p> Private transport Toyota Toyota Transport AFP Wed, 28 Aug 2013 22:18:22 +0000 5920133 at http://www.globalpost.com Toyota recalls 870,000 vehicles in US, Canada http://www.globalpost.com/dispatch/news/afp/130909/toyota-recalls-870000-vehicles-us-canada <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Toyota has reissued a recall of 870,000 vehicles in the United States and Canada after discovering initial repairs were not performed properly, the Japanese automaker said Monday.</p> <p>"We got reports there was a problem with vehicles that had supposedly been fixed in the initial recall," spokeswoman Cindy Knight told AFP.</p> <p>"It turns out dealerships weren't performing the repairs correctly."</p> <p>Toyota has issued new instructions to dealers and will be notifying customers that they need to bring their vehicles back in to be checked.</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.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130909/toyota-recalls-870000-vehicles-us-canada" target="_blank">read more</a></p> Private transport Toyota Toyota Transport AFP Mon, 09 Sep 2013 21:17:50 +0000 5929035 at http://www.globalpost.com