Nissan, Toyota back U.K. plants despite May's Brexit plan

Jan 19, 2017

Nissan, Toyota back U.K. plants despite May's Brexit plan

Toyota Motor Corp. and Nissan Motor Co. say they’ll keep making cars in the U.K. despite Prime Minister Theresa May’s plan to leave the European Union’s single market, which could make exporting from British factories less lucrative. May’s Brexit plan, outlined Tuesday, won’t derail ...

Toyota, Shell among giants betting $10.7 billion on hydrogen

Jan 18, 2017

Toyota, Shell among giants betting $10.7 billion on hydrogen

Toyota Motor Corp. and four of its car-making peers are joining oil and gas giants including Royal Dutch Shell PLC and Total SA with plans to invest a combined €10 billion ($10.7 billion) in hydrogen-related products within five years. In all, 13 energy, transport ...

Toyota chief meets with Pence in Washington

Jan 12, 2017

Toyota chief meets with Pence in Washington

Toyota Motor Corp. President Akio Toyoda met with U.S. Vice President-elect Mike Pence in Washington on Tuesday, a company source said Wednesday. The meeting follows the carmaker’s announcement at a trade show Monday that it plans to make $10 billion in capital investments in ...

Jan 11, 2017

Trump meddling in Toyota's affairs

U.S. President-elect Donald Trump’s tweet criticizing Toyota Motor Corp.’s plan to build a new car plant in Mexico for exports to the North American market — threatening a heavy border tax if the top Japanese automaker goes ahead with the plan — is an ...

Despite scandal, VW in running for global sales crown

| Jan 11, 2017

Despite scandal, VW in running for global sales crown

It’s ironic: Volkswagen spent 2016 battling a huge scandal over cars it rigged to cheat on emissions tests. And now it stands a decent chance to pass Toyota for the title of world’s biggest carmaker for the year. Booming business in China helped Volkswagen ...