TOYOTA

Volkswagen AG may have passed Toyota Motor Corp as the world's top selling automaker in the first quarter, helped by robust demand in its main markets, while its Japanese rival suffered sharp declines, partial company data suggests.

Volkswagen AG may have passed Toyota Motor Corp as the world's top selling automaker in the first quarter, helped by robust demand in its main markets, while its Japanese rival suffered sharp declines, partial company data suggests.

Nippon Steel Corp and other steelmakers have agreed with Toyota Motor Corp to cut steel prices by more than 10 percent this business year, a newspaper said, a smaller-than-expected price cut.

Toyota Motor Corp expects pre-sale orders for the new Prius hybrid to reach 40,000 units in Japan by the time it goes on sale in mid-May, a newspaper reported on Wednesday, a pace that would see it easily overtake Honda Motor's rival Insight model.

Toyota Motor Corp's operating loss could balloon to over 500 billion yen ($5 billion) in the year to March 2010, as the global economic crisis hits car sales, the Nikkei business daily said on Sunday without citing sources.

Toyota Motor Corp's operating loss could balloon to over 500 billion yen ($5 billion) in the year to March 2010, as the global economic crisis hits car sales, the Nikkei business daily said on Sunday without citing sources.

Many people claim to worry about the environment, but continue to drive their exhaust polluting vehicles through a thick layer of smog.

Toyota Motor Corp plans to announce a major overhaul of its U.S. operations, bringing sales, manufacturing and engineering under one powerful executive, The Wall Street Journal reported.

Sharp Corp , the world's No.3 LCD TV maker, doubled its loss estimate for the year just ended on a slump in sales of its TVs and panels, but it brought forward plans for a cost-efficient new factory to cut costs.

U.S. auto sales fell 37 percent in March, a smaller-than-expected drop that encouraged hope that the world's largest car market is nearing a bottom after a freefall that has pulled the industry into a deepening crisis.

Honda Motor Co Ltd said on Tuesday it would cut production in North America by 62,000 vehicles by shutting down factories for 13 days starting in May and said it would cut pay for salaried and factory workers.

Toyota Motor Corp will continue to sell the current, six-year-old Prius alongside the upcoming new version, at least in Japan, its president said on Thursday.

The head of Toyota Motor Corp said on Thursday that industrywide sales in the United States for this month looked set to be flat or worse than the weak results seen in February.

Deep in the last stronghold of the struggling U.S. auto industry, Rosario Criscuolo says he owes the survival of his business to Toyota Motor Corp .

Toyota Motor Corp plans to develop a new low-price hybrid car aimed at undercutting rival Honda Motor Co's Insight, the Nikkei business daily reported on Friday.

Toyota Motor Corp. said on Wednesday that Toyota hybrid and Lexus brands in the US will top 1.7 million sales globally through January of this year.

The British arm of Toyota Motor Corp is to cut UK staff pay and working hours by 10 percent to save money in the face of a sharp downturn in global demand, the Japanese auto maker said on Wednesday.

Zimbabwean Prime Minister Morgan Tsvangirai's wife was killed and he was injured on Friday when a truck slammed into their vehicle, officials in his MDC party said.

U.S. auto sales dropped by more than 41 percent in February to the lowest level in almost three decades as deepening economic uncertainty drove Americans away from big purchases and new debt despite aggressive discounts from major automakers.

The annual Geneva Motor Show got underway on Tuesday against a backdrop of a global automobile sector crisis as the financial crisis saps consumer confidence and demand for new cars plunges.

U.S. auto sales dropped by more than 40 percent in February to the lowest level in almost three decades as Americans pulled back from taking on more debt in an economy showing signs of spiraling from bad to worse.