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Toyota Chairman Akio Toyoda apologized Monday for massive cheating on certification tests for seven vehicle models as the automaker suspended production of three of them. The wide-ranging ...
Toyota, based in Toyota city, central Japan, stuck to its full fiscal year forecast for a 3.57 trillion yen ($23 billion) profit, down from 4.94 trillion yen racked up the previous fiscal year.
Toyota has retained its lead as the world’s biggest automaker by sales, beating German rival Volkswagen for the fourth consecutive year. Toyota remains world No.1 but its list of problems is growing
But Toyota suspended production of three models produced by group companies in Japan. Toyota’s stock prices had tripled over the last five years to nearly 3,800 yen ($24) before cascading ...
In Canada, GM's 2008 average labor costs (including both wages and benefits) were $69 per hour, and Toyota's at $48 per hour, with similar productivity. [23] According to The Heritage Foundation, the ratio of retirees to workers varies across the Big Three. For each active worker at GM, there were 3.8 retirees or dependents in 2006.
Toyota Motor Manufacturing Mississippi (TMMMS) is a Toyota manufacturing facility located in Blue Springs, Mississippi that opened in October 2011. It is a subsidiary of Toyota Motor North America, itself a subsidiary of Toyota Motor Corporation of Japan. The facility currently produces the Toyota Corolla for the North American market. The ...
(Reuters) -Toyota Motor Corp said it will slash global production for September by 40% from its previous plan, becoming the last major automaker to cut output due to a global chip crunch, but it ...
Toyota's U.S. output was down 11.8%, making a slow recovery although the production of Grand Highlander and Lexus TX SUV models resumed in late October after a four-month stoppage.