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 […]

PSA, Toyota lead car sales increase in Europe, helped by extra selling day

peugeot 208

European car sales increased 5.8 percent in November, assisted by an extra selling day as PSA Group and Toyota posted the greatest gains among the region’s significant automakers, industry data published on Thursday revealed. Registrations increased to 1.26 million cars last month in the European Union (EU) and European Free Trade Association (EFTA) nations, Brussels-based […]

U.S. truck, SUV sales remained strong in February, but there’s more

2009 Ford F-150 XLT

February U.S. car sales, an indication of customer spending, dropped somewhat even as automakers stepped up marking down to sustain sales, significant manufacturers reported on Wednesday. Demand for cars, sport utility vehicles and pickup trucks in February fell to an annualized rate of 17.6 million automobiles, compared to a robust 17.7 million a year earlier. […]

Toyota still remains biggest automaker when it comes to practical statistics

Toyota Motor logo

Car enthusiasts, journalists and financial experts pay a great deal of focus on unit-car stats, however investors shouldn’t– just look at Volkswagen‘s rise to the top of the official league table of producers. Toyota Motor, which surpassed General Motors in the International Organization of Motor Vehicle Manufacturers’ ranking in 2008 for the first time, revealed […]

Toyota Sales Goes Down, While Nissan, Honda Boosts Sales In January

Honda CR-V 2010

Foreign auto manufacturers reported neutral results in U.S showrooms in January. The consumers are floating in confidence due to easy credit option, increase in the stock market and relative decrease in gas price, followed by the presidential election. This has raised the number of sales in vehicle industry during the month of January. Since the […]