Toyota to resume Japan factory production Weds after cyber attack
1st Mar 2022 09:05
(Sharecast News) - Japanese car maker Toyota said it would resume production at 14 of its domestic factories on Wednesday after output was suspended due to a possible cyber-attack.
Read moreToyota set to close UK, French plants due to Covid border closures
22nd Dec 2020 08:51
(Sharecast News) - Japanese carmaker Toyota said it would be closing down its British and French plants for the holiday season sooner than expected due to the border chaos caused by the new strain of Covid-19 found in the UK.
Read moreFiat Chrysler, PSA win EU approval for $38bn merger
21st Dec 2020 12:06
(Sharecast News) - Fiat Chrysler and PSA have received approval for their $38bn merger, the European Commission said on Monday.
Read moreToyota recalls 6.5m vehicles due to window defect
21st Oct 2015 10:47
(ShareCast News) - Toyota, which has already recalled around 10m cars worldwide as a result of faulty air bags linked to a number of deaths, said it will recall 6.5m vehicles globally due to a faulty window switch. Toyota said the faulty window switch affects the Yaris model, as well as the Corolla,
Read moreToyota's quarterly profits accelerates despite slowdown in sales
4th Aug 2015 16:33
(ShareCast News) - Japanese car maker Toyota posted a record first quarter profit, as a weakening yen offset sluggish demand in Japan and Southeast Asia. In the three months to end of June, the group posted a 10% year-on-year profit to 646.39bn yen (£3.35bn), ahead of analysts' expectations of a 607
Read moreToyota to recall 6.4m vehicles for faults
9th Apr 2014 14:43
Toyota is set to recall 6.4m vehicles globally to replace faults affecting various parts, including steering and seats. The recall includes 3.5m vehicles to replace a spiral cable attached to the driver's side airbag. Other problems have been identified in steering columns, seat rails, windscree
Read moreSector movers: GKN lifts autos higher after Toyota results, car sales data
6th Nov 2013 15:15
Auto stocks were making gains on Wednesday as sentiment in the sector was lifted by a bullish statement by Toyota and an improvement in UK car sales. Car-making giant Toyota raised its annual profit forecast as a weaker yen and cost-cutting measures boosted earnings in the six months through Septem
Read moreToyota raises annual profit forecast
6th Nov 2013 09:25
Toyota Motor Corp. has raised its annual profit forecast as a weaker yen and cost-cutting measures boosted earnings in the six months through September. The world's leading carmaker expects 1.67trn yen in net profit for the year ending March 2014, compared to a previous forecast of 1.48trn yen. N
Read more150,000 Japanese cars sold in UK to be recalled
11th Apr 2013 14:19
As many as 150,000 Japanese cars that have been sold in the UK are being recalled as a result of a fault discovered in the front passenger seat. The vehicles, which were manufactured by Honda, Toyata, Mazda and Nissan, are being recalled as part of a global move to correct the problem, which relat
Read moreToyota, Shell and Toshiba drive revenues for Ilika in half yearly
10th Jan 2013 13:44
Development projects with Toyota, Shell and Toshiba continued to drive business for cleantech company Ilika in its half-yearly results released Thursday. The AIM-listed company, which develops green energy products, continued to progress well during the six months to the end of October thanks to on
Read moreFriday newspaper round-up: Bankia, HP/Autonomy, Fiscal cliff...
28th Dec 2012 07:40
One of Spain's biggest banks has been officially declared worse than worthless, leaving 350,000 small investors likely to be virtually wiped out in a restructuring expected to go ahead next month. The disastrous state of Bankia, a grouping of seven savings banks hammered together in 2010 and floated
Read moreBMW to supply diesel engines to Toyota
1st Dec 2011 07:34
German luxury car firm BMW has formed a new 'mid-to-long term' collaboration with Japanese rival Toyota which will see the German group supply the Japanese car maker with fuel efficient diesel engines for vehicles produced in Europe. Under the deal, the the two companies agreed on a collaborative
Read moreToyota halts production as typhoon approaches
21st Sep 2011 08:13
Toyota, the world's largest car manufacturer, is to suspend operations at 11 of its factories in central Japan as a precautionary measure, as a typhoon is approaching the area. A spokesman for Toyota said the Wednesday evening shifts at the plants have been cancelled, and the production halt may co
Read moreToyota halts European production
13th Apr 2011 10:52
Japanese auto giant Toyota has decided to suspend operations at five of its European plants following the Japanese earthquake on 11 March. The carmaker said it will halt production in for "several days" in late April/early May in an attempt to manage available parts supply. The sites affected are
Read moreToyota yanks SUV from US market
14th Apr 2010 07:04
Embattled Japanese car maker Toyota has run into more trouble in the US and has suspended sales of its luxury gas guzzler, the Lexus GX460, after Consumer Reports magazine advised its readers not to buy the sports utility vehicle (SUV). The magazine criticised the performance of the GX460, saying t
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