Toyota Motor Corp expects industrywide sales of 11.5 million light vehicles in the United States this year, said Jim Lentz, president and chief operating officer of Toyota Motor Sales, at the North American International Auto Show on Monday.
Top automotive industry executives gathered at the media preview for the North American International Auto Show in Detroit, starting on Sunday.
Toyota Motor Corp said on Wednesday it sold 21 percent more cars in China in 2009 compared with a year earlier, lagging rival General Motors' 67 percent gain.
Ford Motor Co posted a 33 percent sales gain for December as U.S. auto sales ended 2009 on an upswing after a tumultuous year that saw GM and Chrysler collapse into bankruptcy and China overtake the United States as the biggest car market.
(Corrects to show gain in Honda sales was nearly 25 percent, not 20 percent, in paragraph 6)
Ford Motor Co posted a 33 percent sales gain for December as U.S. auto sales ended 2009 on an upswing after a tumultuous year that saw GM and Chrysler collapse into bankruptcy and China overtake the United States as the biggest car market.
Toyota Motor Co and Honda Motor Co launched new compact cars to tap the fast-growing and price-sensitive India market as they and other automakers seek to put a dire 2009 behind them.
Toyota Motor Co , seeking to draw a line under a dire 2009, is ramping up in India with the launch of a new low-cost compact car to tap the fast-growing market.
U.S. auto sales are expected to end 2009 on a slight upswing in December, capping a year that saw General Motors and Chrysler collapse into bankruptcy and China overtake the United States as the biggest car market.
Toyota Motor Corp expects a 17 percent increase in its 2010 global production, excluding units Daihatsu and Hino Motors, from this year to about 7.5 million units, Japanese media reported on Saturday.
Venezuela's President Hugo Chavez has threatened to expel Japanese carmaker Toyota unless it produces an all-terrain model of 4x4 vehicles used for public transport in poor and rural areas.
Shares in Tokyo slipped on Friday as investors took profits in trade thinned by the Christmas break in many other markets, while Shanghai fell and the dollar hung near its highs of the month after goods and jobless claims data.
Toyota Motor Corp. (7203.T), the world's largest carmaker, said on Tuesday its global output rose 22 percent in November from a year earlier to 719,362 vehicles.
Toyota Motor Corp will begin selling affordable plug-in hybrid cars in 2011, upping the ante on General Motors and Nissan Motor as they aim to take the lead in the field of rechargeable cars.
Toyota Motor Corp will begin selling affordable plug-in hybrid cars in 2011, upping the ante on General Motors and Nissan Motor as they aim to take the lead in the field of rechargeable cars.
Volkswagen will likely complete the first stage of its planned integration with indebted Porsche SE when VW buys a 49.9 percent stake in Porsche's profitable sports car business next week.
U.S. auto sales edged higher in November, led by an outsized gain for Hyundai Motor Co and mixed results for rivals in a trend automakers said pointed to a grudging recovery in the U.S. economy.
Major automakers are expected to report flat U.S. auto sales for November from a year ago -- another sign the industry is on the mend after a bruising downturn that forced extensive restructuring early this year.
Major automakers are expected to report flat U.S. auto sales for November from a year ago -- another sign the industry is on the mend after a bruising downturn that forced extensive restructuring early this year.
MUMBAI - Europe's second-biggest carmaker PSA Peugeot Citroen is exploring various entry routes into the Indian automobile market but has not yet taken a decision, a spokesman for the group said on Monday.
Tata Motors, India's biggest vehicle maker, reported a return to operating profit for its British Jaguar Land Rover unit on Friday, as cost cuts begin to bear fruit and new models attract buyers.
Tata Motors, India's biggest vehicle maker, reported a return to operating profit for its British Jaguar Land Rover unit on Friday, as cost cuts begin to bear fruit and new models attract buyers.