Weaker yen helps Toyota bottom line

May 9, 2013

Weaker yen helps Toyota bottom line

Toyota expects to book group operating profit of ¥1.8 trillion for the current business year, up 36.3 percent from the year before, on the back of the weaker yen and brisk sales in North America and Asia.

Weaker yen helps Toyota bottom line

May 8, 2013

Weaker yen helps Toyota bottom line

Toyota expects to book group operating profit of ¥1.8 trillion for the current business year, up 36.3 percent from the year before, on the back of the weaker yen and brisk sales in North America and Asia.

May 3, 2013

Hybrid slump hits Toyota's U.S. sales

Toyota Motor Corp.’s new automobile sales in the United States fell for the first time in 18 months in April on weaker sales of hybrid vehicles, an industry report said Wednesday. Sales at the leading Japanese automaker came to 176,160 units, down 1.1 percent ...

Weakening yen helps Toyota outsell GM for fifth quarter

Apr 25, 2013

Weakening yen helps Toyota outsell GM for fifth quarter

Toyota Motor Corp. outsold all automakers for the fifth straight quarter as the yen’s depreciation sharpens its edge over General Motors and Volkswagen. Worldwide sales for Toyota, including those of subsidiaries Hino Motors Ltd. and Daihatsu Motor Co., reached 2.43 million vehicles in the ...

Japanese automakers target China's youth

Apr 23, 2013

Japanese automakers target China's youth

by Ko Hirano

Despite the bilateral dispute over the Senkaku Islands, young Chinese consumers appear more concerned with product quality and safety rather than Beijing’s relations with the countries making the products. When asked about the boycott on Japanese products in China after Japan nationalized the China-claimed ...

Apr 21, 2013

Toyota to start producing Lexus ES sedan in Kentucky

Toyota Motor Corp. plans to build Lexus ES 350 sedans in Kentucky, the first U.S. production for its luxury brand, as CEO Akio Toyoda pushes to localize output in the automaker’s biggest markets. Toyoda and Jim Lentz, Toyota’s North American chief, said Friday in ...

Ford, Toyota both claim to have top-selling car

Apr 12, 2013

Ford, Toyota both claim to have top-selling car

For the second time in seven months, Toyota Motor Corp. and Ford Motor Co. both claim to produce the world’s top-selling car. The clash shows how counting in the global automotive industry is complicated. Ford said Tuesday that its Focus compact was the leading ...

Toyota going for looks, lean output

Apr 9, 2013

Toyota going for looks, lean output

Having drawn lessons from a series of predicaments since the 2008 global economic crisis, Toyota Motor Corp. is focusing on lowering production costs worldwide and improving its competitiveness in design as overseas competition builds. “We are finally getting out of the long tunnel after ...

Altima tops Camry in hot U.S. midsize market

Apr 4, 2013

Altima tops Camry in hot U.S. midsize market

Toyota Motor Corp.’s Camry in March ceded its rank as America’s best-selling midsize car for the first time in 17 months, slipping behind Nissan Motor Co.’s Altima and losing share to Honda Motor Co. and Ford Motor Co. models. Camry sales in the U.S. ...

Toyota president looking to reorganize corporate structure

Apr 3, 2013

Toyota president looking to reorganize corporate structure

Toyota President Akio Toyoda has said he will accelerate structural reform of the automaker to improve operations and boost profitability. “We will aim to change the structure of the company so we can achieve sustainable growth,” Toyoda said in a recent interview. As part ...