Shares of Toyota Motor Corp fell 0.5 percent early on Friday after the world's largest carmaker reported better-than-expected quarterly results the previous day and raised its outlook despite the ongoing recall turmoil.
Toyota will recall about 270,000 Prius hybrid cars in Japan and the United States, Nikkei reported.
Toyota Motor Corp expects costs and lost sales from its massive safety recall to total $2 billion by the end of March, keeping it in the red for the year despite its strongest profit in six quarters.
Toyota Motor Corp plans to recall an estimated 270,000 units of its new-generation Prius hybrid in the United States and Japan to fix a brake problem, the Nikkei newspaper reported on Thursday.
Toyota Motor Corp expects costs and lost sales from its massive safety recall to total $2 billion by the end of March, keeping it in the red for the year despite its strongest profit in six quarters.
Toyota Motor Corp expects costs and lost sales from its massive safety recall to total $2 billion by the end of March, keeping it in the red for the year despite its strongest profit in six quarters.
Toyota Motor Corp expects costs and lost sales from its largest ever safety recall to total $2 billion for the year to March, but raised its outlook after posting its strongest operating profit in six quarters.
Toyota Motor Corp said its biggest ever safety recall would cost it up to $2 billion this quarter, but raised its outlook for the financial year to March after a forecast-beating third-quarter.
Honda Motor Co raised its annual forecast on Wednesday after cost-cuts boosted quarterly profit and said it was concerned that rival Toyota's huge safety recall might tarnish other Japanese brands.
Toyota Motor Corp suffered a sharp drop in U.S. sales last month as its massive recall and unprecedented sales halt allowed rivals to grab market share from the world's largest automaker.
Ford Motor Co posted a 24 percent increase in U.S. sales for January and outsold Toyota Motor Corp as the Japanese automaker was sent reeling by a massive recall of some of its top-selling vehicles.
Toyota Motor's unprecedented recall of millions of vehicles with accelerator problems is taking a toll on sales and may force the world's largest automaker to cut 2010 sales forecasts.
Toyota Motor's unprecedented recall of millions of vehicles with faulty accelerators is already taking a toll on its sales and may force it to cut 2010 sales forecasts.
Toyota Motor Corp started shipping parts on Monday to U.S. dealers who were prepared to stay open late to fix vehicles that are affected by the most damaging recall in the automaker's history.
Toyota Motor Corp U.S. chief Jim Lentz said on Monday the Japanese automaker is confident it found the remedy to fix some 2.4 million of its eight most popular models involved in a safety recall and sales and production suspension.
Toyota Motor Corp on Monday announced a fix for about 2.4 million of its eight most popular models involved in a safety recall and sales and production suspension.
U.S. safety regulators are satisfied with a Toyota Motor Corp. plan for fixing an accelerator problem that is part of a widening global recall and unprecedented sales and production halt, a government official said on Saturday.
French carmaker PSA Peugeot Citroen said on Saturday it would recall nearly 100,000 cars because they have the same accelerator-related problems currently afflicting Japan's Toyota .
Toyota Motor Corp President Akio Toyoda apologized for the recall of millions of vehicles around the world, Japanese broadcaster NHK reported, as the deepening recall crisis threatened to further damage its sales and delay an earnings recovery.
Toyota Motor Corp President Akio Toyoda apologized for the recall of millions of vehicles around the world, Japanese broadcaster NHK reported, as the deepening recall crisis threatened to further damage its sales and delay an earnings recovery.
Toyota Motor Corp's largest rivals are declaring open season on the automaker at a time when the industry leader is seen as most vulnerable in its largest market.
