International Business News - toyota http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif A top Toyota executive said U.S. auto sales likely improved in November compared with last month, but cautioned that it's too early to offer any firm predictions. http://www.ibtimes.com/articles/20081119/toyota-exec-nov-sales-look-better-than-oct.htm Wed, 19 Nov 2008 22:18:09 EST Toyota Motor Corp. said Wednesday it will reduce production in the United States to cope with slowing sales in the world's largest economy. Toyota will stop production at all its plants in the U.S. and Canada for two extra days in addition to the regular Christmas holidays next month, and cut about half of 500 temporary workers at a plant in Georgetown, Kentucky by March, company spokeswoman Kayo Doi said. http://www.ibtimes.com/data/articleimgs/177916-toyota.jpg http://www.ibtimes.com/articles/20081119/toyota-to-reduce-output-temporary-workers-in-us.htm http://www.ibtimes.com/articles/20081119/toyota-to-reduce-output-temporary-workers-in-us.htm Wed, 19 Nov 2008 06:49:27 EST Japan's economy has entered its first recession since 2001 on Monday as the world's second-largest economy shrank in the third quarter. http://www.ibtimes.com/articles/20081117/japan-enters-recession-companies-slash-jobs.htm Mon, 17 Nov 2008 13:01:43 EST Toyota Motor Corp. said Friday that for now it is sticking with plans to open its new Mississippi plant in 2010 despite media reports that Japan's top automaker is mulling a delay. http://www.ibtimes.com/articles/20081113/toyota-says-no-change-to-mississippi-plant-opening.htm Thu, 13 Nov 2008 22:46:03 EST In a Nov. 10 story about the release of the 2009 Toyota Venza, The Associated Press erroneously described the engine of one of the models. The model priced at $25,975 has an inline four-cylinder engine, not a V-4 engine. http://www.ibtimes.com/articles/20081111/correction-toyota-venza-story.htm Tue, 11 Nov 2008 17:47:10 EST Toyota rolled its first Venza wagon off the factory floor in Kentucky on Monday as the automaker tries to push further into the small vehicle market. Toyota Motor Sales USA will price the five-person wagon between $25,975 for its V-4, front-wheel drive model, and $29,250 for the V-6, all-wheel drive model, the automaker said. The V-4 model gets an estimated 21 miles per gallon in the city and 29 on the highway, Toyota said, while the V-6 gets slightly less. http://www.ibtimes.com/articles/20081110/toyota-rolls-1st-venza-off-factory-floor.htm Mon, 10 Nov 2008 16:31:04 EST U.S.-traded shares of Toyota Motor Corp. tumbled on Thursday after the Japanese automaker slashed its full-year forecast and posted a steep drop in quarterly profit. http://www.ibtimes.com/articles/20081106/toyota-motor-adrs-sink-after-outlook-cut.htm Thu, 06 Nov 2008 19:36:04 EST Toyota expects its earnings for this fiscal year will be less than a third of last year's profit and its lowest annual total in eight years. The forecast shows it is feeling the effects of a contraction in the vital U.S auto market as well as the credit crunch that has led to big losses at its American rivals. http://www.ibtimes.com/data/articleimgs/169124-japan-earns-toyota.jpg http://www.ibtimes.com/articles/20081106/toyota-reports-plunge-in-quarterly-profit.htm http://www.ibtimes.com/articles/20081106/toyota-reports-plunge-in-quarterly-profit.htm Thu, 06 Nov 2008 10:01:14 EST Any car shoppers left in this brutal market are sure to cheer Toyota's decision to extend zero-percent financing for another month. But another decision may have them hitting the mute button: The automaker will keep airing a television ad for the deal that has sparked some serious ire among TV viewers. http://www.ibtimes.com/articles/20081105/save-us-from-saved-by-zero-tv-watchers-complain.htm Wed, 05 Nov 2008 14:02:19 EST Toyota Motor Corp., Japan's top automaker, reports earnings for the fiscal second quarter on Thursday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20081104/toyota-may-lower-forecast-amid-faltering-sales.htm Tue, 04 Nov 2008 03:54:25 EST Toyota Motor Corp. says it will continue its zero-percent financing incentive for another month after posting another steep sales drop. Toyota Division General Manager Bob Carter says the Japanese automaker will continue offering zero-percent financing nationwide on 11 models through the end of November, but the company's marketing approach will become more regional in nature. http://www.ibtimes.com/articles/20081103/toyota-extends-0-percent-offer-through-november.htm Mon, 03 Nov 2008 16:56:12 EST Toyota Motor Corp.'s U.S. division said Monday its sales plunged 23 percent in October as the venerable Japanese automaker posted double-digit declines for almost every vehicle in the tough auto market. http://www.ibtimes.com/data/articleimgs/166227-auto-sales-toyota.jpg http://www.ibtimes.com/articles/20081103/october-auto-sales-toyota.htm http://www.ibtimes.com/articles/20081103/october-auto-sales-toyota.htm Mon, 03 Nov 2008 18:03:20 EST General Motors Corp. said Wednesday that reduced demand in the U.S. and Western Europe pushed the company's third-quarter worldwide sales down 11 percent, as GM fell further behind Toyota Motor Corp. for this year's No. 1 global sales spot. http://www.ibtimes.com/data/articleimgs/162270-general-motors.jpg http://www.ibtimes.com/articles/20081029/global-sales-drop-pct-trail-toyota.htm http://www.ibtimes.com/articles/20081029/global-sales-drop-pct-trail-toyota.htm Wed, 29 Oct 2008 17:37:47 EDT Toyota Motor Corp. said Monday it would invest 4 billion yuan ($586 million) to set up its seventh auto factory in China on the back of strong demand there. http://www.ibtimes.com/articles/20081027/toyota-to-build-7th-plant-in-china.htm Mon, 27 Oct 2008 07:18:22 EDT Toyota Motor Corp. said Monday its global sales in the July-September quarter fell for the first time in seven years due to faltering demand in the U.S. http://www.ibtimes.com/articles/20081027/toyotas-global-sales-down-in-july-september.htm Mon, 27 Oct 2008 07:09:51 EDT Toyota Motor Corp. will post its first decline in annual global sales in a decade this year, hit by slowing demand worldwide amid the financial crisis, a Japanese newspaper predicted Wednesday. http://www.ibtimes.com/articles/20081022/report-toyota-to-post-first-sales-drop-in-decade.htm Wed, 22 Oct 2008 05:10:14 EDT Toyota says it's out to prove a tiny car can be top-notch with its new iQ "ultra-compact" that's just a bit smaller than 3 meters (10 feet) but offers quality safety features, mileage and handling. http://www.ibtimes.com/data/articleimgs/152658-japan-toyota.jpg http://www.ibtimes.com/articles/20081015/toyota-says-new-small-iq-offers-quality.htm http://www.ibtimes.com/articles/20081015/toyota-says-new-small-iq-offers-quality.htm Wed, 15 Oct 2008 07:14:40 EDT In the past decade, Japanese automakers have been expanding their U.S. work forces as sales have risen, while U.S.-based automakers have shed employees. Toyota Motor Corp. officially opened a technical center near Ann Arbor Monday that will add 400 jobs. http://www.ibtimes.com/articles/20081009/automakers-total-employment-in-the-us.htm Thu, 09 Oct 2008 18:07:09 EDT Toyota Motor Corp.'s top U.S. sales executive said Thursday that the company won't make more production cuts this year despite a sales slump that may not end until after next year. http://www.ibtimes.com/articles/20081009/toyotas-us-sales-chief-sees-no-production-cuts.htm Thu, 09 Oct 2008 16:20:04 EDT Across the street from Terry Fisher's BP gas station just off U.S. 23 sits what may be the only good news in the domestic auto industry these days. It's an expansion of Toyota Motor Corp.'s new North American technical center, a $187 million, 530,000-square-foot complex that sits on 700 acres south of Ann Arbor. http://www.ibtimes.com/data/articleimgs/148280-toyota-technical-center.jpg http://www.ibtimes.com/articles/20081009/toyota-dedicates-new-tech-center-in-michigan.htm http://www.ibtimes.com/articles/20081009/toyota-dedicates-new-tech-center-in-michigan.htm Thu, 09 Oct 2008 18:13:10 EDT