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Toyota Motor Corp is set to post record growth for the year just ended - with a likely $10 billion surge in operating profit - but the mood at its HQ in Japan's prosperous automotive heartland is cautious as executives warn of a leaner year ahead.
Even with U.S. auto recalls on pace to reach the highest level in a decade this year, there's a good chance many of the vehicles won't get fixed.
Toyota Motor Corp. is making rare styling changes in the Camry sedan just halfway into the car's usual design cycle, a sign the automaker is eager to stem gains made by Hyundai Motor Co.
The prices of Toyota Motor Corp shares have declined to close to the 52-week low of $104.89, which is 23.4% off the 52-week high of $134.94.
Barely weeks after agreeing to an unprecedented criminal penalty for hiding safety defects from consumers, Toyota Motor Corporation has announced a global recall of nearly 6.4 million vehicle for problems with airbags or seats that could move in a crash.
Last year, former Toyota Motor Corp. president and founding family patriarch Shoichiro Toyoda called aside his son, Akio Toyoda.
Bargain hunting in large caps like Toyota Motor Corp offered some support and helped the benchmark Nikkei trim earlier losses.
From left, McMenamins co-founders Brian and Mike McMenamin and chief financial officer Larry Dortmund.
Indonesia's auto sales grew by 17.8 percent year-on-year in March, supported by the brisk sales of so-called low-cost green cars , according to an association.
Pomerantz is investigating claims involving the following impacted models, regarding the vehicular defects described below: Model Year 2009-2010 Corolla, 2009-2010 Matrix, 2008-2010 Highlander, 2009-2010 Tacoma, 2006-2008 RAV4 and 2006-2010 Yaris vehicles.
Both automakers redesigned critical parts without changing the part numbers, a step that made it more difficult for regulators and private litigants to identify the problem.
Bayerische Motoren Werke AG, the largest maker of luxury cars, is recalling 489,000 vehicles worldwide due to a possible engine-bolt defect, widening a repair program that was initiated in China.
By the close, however, the stock had made its way 2.2% below the flat line to trade at $55.85.
Toyota recalling 6.4M vehicles worldwide Toyota Motor Corp, in its second-largest recall announcement, said on Wednesday it would call back 6.39 million vehicles globally after uncovering five different faults involving parts ranging from steering to seats.