Nissan, Honda, Toyota close more plants in Europe, Asia due to coronavirus

Toyota Motor, Nissan Motor, Honda Motor

Japanese automakers on Wednesday stated they would temporarily stop more vehicle plants in Europe and Asia as coronavirus continues to spread and prompts countries to instruct non-essential businesses to postpone operations. An increasing number of global automakers have been closing plants in Europe and beyond as the COVID-19 outbreak is leading governments to impose commuting […]

Toyota increase annual forecast on cost cuts, ideal sales

Toyota Corolla Altis images

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 China, the risk of coronavirus remains. Toyota Motor has stopped production at all its 12 plants in China, including four vehicle assembly plants. The closure […]

Toyota to recall 3.4 million vehicles worldwide due to air bags concerns

Pictures of Toyota Corolla

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, which concerns 2.9 million U.S. vehicles, covers 2011-2019 Corolla, 2011-2013 Matrix, 2012-2018 Avalon and 2013-2018 Avalon Hybrid vehicles and is connected to a reported fatal […]