Japan’s leading automaker Toyota raised its yearly forecast Thursday following cost cuts and healthy sales quadrupled quarterly profits from the earlier year. As with other companies that have operations in
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Toyota Motor will increase production at its new Mexican plant to 100,000 vehicles annually by 2021, marking a major step to move production of its popular Tacoma pickup truck to
Toyota Motor’s labor union prepares to seek an average pay increase of 10,100 yen ($91.98) per month in wage negotiations this year, public broadcaster NHK reported on Thursday. The demand
Toyota Motor stated on Tuesday it is set to recall 3.4 million vehicles worldwide as an electronic defect that can result in air bags not deploying in accidents. The recall,
Toyota Motor stated on Friday it spent an additional $700 million and added 150 new jobs to finish a $1.3 billion modernization program at its Princeton, Indiana factory. The investment
Toyota Motor stated on Friday it will shift production of its mid-size Tacoma pick-up truck from the United States to Mexico as it modifies production around North America. The automaker
China’s market regulator fined Toyota Motor 87.6 million yuan ($12.5 million) on Friday for price-fixing on its premium Lexus cars in eastern Jiangsu province, according to a report on its
Toyota Motor has revealed an upgraded version of its human-shaped T-HR3 robot. The robot, controlled remotely by an individual wearing a headset and wiring on his or her arms and
Toyota Motor Corp expects its worldwide vehicle sales to stay at record high levels in 2020, even as demand shows signs of a downturn in China and the United States,
Toyota Motor stated on Wednesday that it’s North America chief executive, Jim Lentz, would retire on April 1, and tasked the unit’s chief operating officer, Tetsuo “Ted” Ogawa, with navigating
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