Toyota Motor Corp said on Wednesday its North American and Japanese dealers had received several dozen complaints concerning what drivers characterized as insufficient braking on its new Prius hybrid car when driving over bumpy or frozen roads.
Honda Motor Co lifted its annual guidance far beyond market expectations on Wednesday after cost cuts drove quarterly profit to the strongest in a year and a half, and said it anticipates further growth next financial year.
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.
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.
The two day dollar decline against the euro is stalling after the U.S. session. The range-bound trading, which has lasted nearly 7 hours, continues in the Asian session of February 3rd. It is currently trading at EUR/USD 1.3962.
The stock market continued its rally to close for a gain on Tuesday despite a fall in banking sector shares ahead of testimony from White House advisor Paul Volcker.
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.
Ford Motor Co said on Tuesday its U.S. sales rose 24 percent in January, a month when the industry was rocked by Toyota Motor Corp's 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 shares jumped more than 5 percent on Tuesday after it detailed plans to fix nearly 4.5 million vehicles equipped with faulty accelerators in North America and Europe.
Toyota Motor Corp on Monday began shipping parts to fix faulty accelerators in nearly 4.5 million vehicles in North America and Europe, and said it would restart North American production on February 8 after an unprecedented shutdown prompted by the problem.
Toyota Motor Corp's massive recall and sales halt of its best-selling vehicles will overshadow an expected industry increase in U.S. auto sales for January over the deeply depressed month a year ago.
(Corrects to remove reference to specific percentage changes in paragraph 11)
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 said production of eight models involved in a safety recall would resume on February 8, as it detailed plans to fix 2.4 million vehicles and sought to salvage its reputation with a PR blitz.
Toyota Motor Corp said on Monday it will resume North American production of eight vehicle models involved in a massive safety recall on February 8, after a one-week shutdown.
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.
Toyota Motor Corp will announce on Monday details of its plan to fix accelerator pedals that have led to the recall of 2.4 million cars in the United States as it scrambles to put its worst public relations crisis behind it.
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.
