Toyota lags VW in global sales as Prius stumbles in U.S.

Jul 28, 2016

Toyota lags VW in global sales as Prius stumbles in U.S.

Toyota Motor Corp. lagged Volkswagen AG by global deliveries in the first half of the year, as demand for the newly redesigned Prius hybrid slumped in a U.S. market dominated by trucks and sport utility vehicles. Worldwide deliveries fell 0.6 percent to 4.99 million ...

Toyota to let go of 800 workers in Thailand

Jul 6, 2016

Toyota to let go of 800 workers in Thailand

Car maker Toyota said Wednesday it is letting go of at least 800 workers at its factories in Thailand under a voluntary departure program, a reflection of deepening troubles in the Thai automotive industry. Toyota Motor Thailand said in a statement that it aims ...

Daihatsu shareholders approve full ownership by Toyota

Jun 29, 2016

Daihatsu shareholders approve full ownership by Toyota

Shareholders of Daihatsu Motor Co. on Wednesday approved a proposal for the Japanese automaker to become a wholly owned unit of Toyota Motor Corp. on Aug. 1. Toyota, which currently owns about 51 percent of Daihatsu, will acquire remaining Daihatsu shares through an equity ...

Toyota suffers heartbreaking Le Mans defeat

Jun 20, 2016

Toyota suffers heartbreaking Le Mans defeat

Toyota suffered one of the most heartbreaking losses in 24 Hours of Le Mans history on Sunday, when, with three minutes to drive to an almost certain win, the No. 5 car of Kazuki Nakajima, Anthony Davidson and Sebastien Buemi failed, allowing the No. ...