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    <title>Mail.com: TOYOTA MOTOR CORPORATION</title>
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      <title>Mail.com: TOYOTA MOTOR CORPORATION</title>
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      <title>Ford to end auto production in Australia in 2016</title>
      <link>http://www.mail.com/business/economy/2104438-ford-to-auto-production-australia-2016.html</link>
      <description>SYDNEY (AP) — Ford Motor Co. said Thursday it will close its two Australian auto plants, ending production in the country in 2016, amid soaring manufacturing costs and plummeting sales. 
                   The closure of the U.S. automaker's plants in the state of Victoria will mean the loss of 1,200 jobs and will transform the company into an import-only brand in Australia....</description>
      <pubDate>Thu, 23 May 2013 03:21:19 GMT</pubDate>
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      <dc:date>2013-05-23T03:21:19Z</dc:date>
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    <item>
      <title>GM stock rises above $33 for first time in 2 years</title>
      <link>http://www.mail.com/business/economy/2093314-gm-stock-rises-33-time-2-years.html</link>
      <description>DETROIT (AP) — Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more than two years. 
                   GM shares reached $33.77 Friday before slipping back to close at $33.42, up 3.2 percent. The auto giant sold shares to the public for $33 in a November 2010 IPO, but they've t...</description>
      <pubDate>Fri, 17 May 2013 20:51:17 GMT</pubDate>
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      <dc:date>2013-05-17T20:51:17Z</dc:date>
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      <title>Nissan chief welcomes yen fall for luxury brand</title>
      <link>http://www.mail.com/business/economy/2083454-nissan-chief-welcomes-yen-fall-luxury-brand.html</link>
      <description>KAMINOKAWA-MACHI, Japan (AP) — Nissan Motor Co. President Carlos Ghosn welcomed the yen's recent decline to what he called "neutral" levels for the Japanese automaker's profitability, but said Tuesday it must drop further to be "normal." 
                   "The abnormal situation of the yen is hopefully something of the past," he told reporters at the roll-off ceremony for ...</description>
      <pubDate>Tue, 14 May 2013 10:34:03 GMT</pubDate>
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      <dc:date>2013-05-14T10:34:03Z</dc:date>
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    <item>
      <title>SKorea's central bank cuts key rate to 2.5 percent</title>
      <link>http://www.mail.com/business/finance/2073118-skoreas-central-bank-cuts-key-rate-to-25-percent.html</link>
      <description>SEOUL, South Korea (AP) — South Korea's central bank on Thursday cut its benchmark interest rate for the first time in seven months, joining government efforts to boost the export-reliant economy as manufacturers such as Hyundai Motor Co. face tougher competition from Japanese rivals boosted by the weakening yen. 
                   The quarter percentage point cut in the of...</description>
      <pubDate>Thu, 09 May 2013 05:40:41 GMT</pubDate>
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      <dc:date>2013-05-09T05:40:41Z</dc:date>
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    <item>
      <title>Asia stocks rise after Dow hits another record</title>
      <link>http://www.mail.com/business/economy/2068028-asia-stocks-rise-dow-hits-record.html</link>
      <description>BANGKOK (AP) — Asian stock markets rose Thursday on the heels of another record high on Wall Street and an interest rate cut in South Korea to boost economic growth. 
                   South Korea's Kospi index rose 0.8 percent to 1,972.70 after the Bank of Korea lowered its benchmark interest rate for the first time in seven months. In announcing that it was lowering the r...</description>
      <pubDate>Thu, 09 May 2013 03:05:18 GMT</pubDate>
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      <dc:date>2013-05-09T03:05:18Z</dc:date>
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    <item>
      <title>NASCAR panel reduces JGR penalties</title>
      <link>http://www.mail.com/sports/other/2072320-nascar-panel-reduces-jgr-penalties.html</link>
      <description>CONCORD, N.C. (AP) — A NASCAR appeals panel sided with Joe Gibbs Racing on Wednesday and eased some of the penalties imposed for having an illegal part in Matt Kenseth's race-winning engine at Kansas last month. 
                   NASCAR punished JGR after discovering during a post-race inspection that one of eight connecting rods in the engine at the April 21 race did not ...</description>
      <pubDate>Wed, 08 May 2013 20:35:57 GMT</pubDate>
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      <dc:date>2013-05-08T20:35:57Z</dc:date>
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      <title>Toyota profit more than doubles on yen, cost cuts</title>
      <link>http://www.mail.com/business/economy/2070514-toyota-profit-than-doubles-yen-cost-cuts.html</link>
      <description>TOKYO (AP) — Toyota's quarterly profit more than doubled to 313.9 billion yen ($3.2 billion) as cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback. 
                   Toyota Motor Corp., which last year reclaimed the title of world's top-selling automaker, said Wednesday it expects the strong results to continue in its new bus...</description>
      <pubDate>Wed, 08 May 2013 08:48:30 GMT</pubDate>
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      <dc:date>2013-05-08T08:48:30Z</dc:date>
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      <title>Detroit boosted by truck sales; Honda, Nissan gain</title>
      <link>http://www.mail.com/business/economy/2055746-detroit-boosted-truck-sales-honda-nissan-gain.html</link>
      <description>DETROIT (AP) — Ford, GM, Chrysler and Nissan all reported double-digit U.S. sales increases last month, signaling the best April for car and truck sales in six years. 
                   A rebound in pickup truck sales led the way, especially for the Detroit automakers. Small businesses are replacing aging trucks that they've kept since the Great Recession. Ford's sales incr...</description>
      <pubDate>Wed, 01 May 2013 18:43:24 GMT</pubDate>
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      <dc:date>2013-05-01T18:43:24Z</dc:date>
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      <title>Honda's quarterly profit rises despite China woes</title>
      <link>http://www.mail.com/business/economy/2046360-hondas-quarterly-profit-rises-despite-china-woes.html</link>
      <description>TOKYO (AP) — Honda's fiscal fourth quarter profit rose nearly 6 percent as the Japanese automaker's recovery from floods in Thailand the previous year offset recent sales losses in China. 
                   Honda Motor Co. reported Friday a quarterly profit of 75.7 billion yen ($765 million), up from 71.5 billion yen the same period the previous year. Quarterly sales jumped...</description>
      <pubDate>Fri, 26 Apr 2013 10:12:39 GMT</pubDate>
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      <dc:date>2013-04-26T10:12:39Z</dc:date>
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      <title>Toyota, Microsoft beef up Gazoo.com Net service</title>
      <link>http://www.mail.com/scitech/news/2045900-toyota-microsoft-beef-up-gazoocom-net-service.html</link>
      <description>TOKYO (AP) — Toyota is teaming up with Microsoft for an Internet service that links cars, home computers and smartphones so users can find nearby tourist spots, connect on social networks and learn about new models. 
                   The beefed up version of Toyota's Internet site Gazoo.com starts May 30 in Japan, and will be based on "cloud" computing from Microsoft Corp....</description>
      <pubDate>Fri, 26 Apr 2013 04:57:52 GMT</pubDate>
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      <dc:date>2013-04-26T04:57:52Z</dc:date>
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      <title>Hyundai Motor logs 15 percent drop in 1Q profit</title>
      <link>http://www.mail.com/business/economy/2043558-hyundai-motor-logs-15-percent-drop-1q-profit.html</link>
      <description>SEOUL, South Korea (AP) — Hyundai Motor Co. said Thursday its first quarter net profit fell 15 percent as a labor dispute slowed car production in South Korea. 
                   The country's largest automaker said net profit fell to 2.1 trillion won ($1.9 billion) in the January-March period, matching market forecasts, from 2.5 trillion won net profit a year earlier. Sale...</description>
      <pubDate>Thu, 25 Apr 2013 10:11:39 GMT</pubDate>
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      <dc:date>2013-04-25T10:11:39Z</dc:date>
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      <title>GM says Chevy Spark EV can go 82 miles per charge</title>
      <link>http://www.mail.com/business/economy/2041720-gm-chevy-spark-ev-82-miles-charge.html</link>
      <description>DETROIT (AP) — General Motors said Wednesday that the battery-powered version of its Chevrolet Spark mini-car can travel up to 82 miles on a single charge, putting it among the leaders in mass-market electric vehicles sold in the U.S. 
                   The Spark EV also gets the equivalent of 119 miles per gallon in testing monitored by the U.S. Environmental Protection Ag...</description>
      <pubDate>Wed, 24 Apr 2013 18:23:03 GMT</pubDate>
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      <dc:date>2013-04-24T18:23:03Z</dc:date>
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    <item>
      <title>European recession hits major car makers</title>
      <link>http://www.mail.com/business/economy/2041842-european-recession-hits-major-car-makers.html</link>
      <description>FRANKFURT, Germany (AP) — Europe's stubborn recession cut deeply into profits at major automakers Ford, Volkswagen and Daimler, first-quarter results showed Wednesday as the industry began reporting earnings. 
                   Germany's Volkswagen AG said its first-quarter net profit fell 38 percent to 1.95 billion euros ($2.5 billion), while Daimler AG's was down 60 perce...</description>
      <pubDate>Wed, 24 Apr 2013 17:18:31 GMT</pubDate>
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      <dc:date>2013-04-24T17:18:31Z</dc:date>
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      <title>Toyota top selling automaker despite China fall</title>
      <link>http://www.mail.com/business/economy/2040804-toyota-top-selling-automaker-despite-china-fall.html</link>
      <description>TOKYO (AP) — Toyota held onto its status as the world's top-selling automaker in the first quarter of this year, although the three-way race with General Motors and Volkswagen is proving tight, as its sales fall in China and Japan. 
                   Toyota Motor Corp. reported Wednesday it sold 2.43 million vehicles during the January-March period, outpacing U.S. automaker...</description>
      <pubDate>Wed, 24 Apr 2013 13:17:49 GMT</pubDate>
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      <dc:date>2013-04-24T13:17:49Z</dc:date>
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    <item>
      <title>At Shanghai show, Japan automakers woo lost sales</title>
      <link>http://www.mail.com/scitech/news/2034328-shanghai-show-japan-automakers-woo-lost-sales.html</link>
      <description>SHANGHAI (AP) — Japanese automakers promised special Chinese designs and green technology in addition to the usual flashy fanfare at this year's Shanghai Auto Show, trying to woo back sales that crumpled during a territorial dispute over East China Sea islands late last year. 
                   China is the world's biggest auto market by number of vehicles sold and crucial ...</description>
      <pubDate>Sun, 21 Apr 2013 05:21:33 GMT</pubDate>
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      <dc:date>2013-04-21T05:21:33Z</dc:date>
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      <title>Toyota to build Lexus in Kentucky, add 750 jobs</title>
      <link>http://www.mail.com/business/economy/2031018-toyota-to-build-lexus-kentucky-add-750-jobs.html</link>
      <description>GEORGETOWN, Ky. (AP) — Toyota will start building the Lexus ES 350 at a factory in Georgetown, Ky., starting in 2015, producing a luxury brand vehicle for the first time in the United States. 
                   The Japanese car company said Friday that the Georgetown plant will build about 50,000 of the flagship sedans each year, creating 750 new jobs. The Georgetown plant ...</description>
      <pubDate>Fri, 19 Apr 2013 17:44:00 GMT</pubDate>
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      <dc:date>2013-04-19T17:44:00Z</dc:date>
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    <item>
      <title>GM says diesel Chevrolet Cruze gets 46 mpg</title>
      <link>http://www.mail.com/scitech/news/2027256-gm-diesel-chevrolet-cruze-46-mpg.html</link>
      <description>DETROIT (AP) — General Motors Co. says the new diesel version of the Chevrolet Cruze gets 46 miles per gallon on the highway, making it more efficient than some hybrids. 
                   GM announced the U.S. EPA's fuel economy numbers for the diesel Cruze Wednesday. At 46 mpg, the diesel Cruze matches the highway fuel economy of the Toyota Prius C subcompact. But the reg...</description>
      <pubDate>Thu, 18 Apr 2013 04:14:46 GMT</pubDate>
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      <dc:date>2013-04-18T04:14:46Z</dc:date>
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    <item>
      <title>European car sales plummet, even in solid Germany</title>
      <link>http://www.mail.com/business/economy/2025306-european-car-sales-plummet-solid-germany.html</link>
      <description>MILAN (AP) — Europe's auto market is in freefall. Once the motor for Europe's economy, the car industry has fallen victim to the region's widening recession and soaring unemployment. Carmakers have suffered 18 straight months of declining sales as people worried that they might soon be out of a job put off making big purchases. 
                   New car sales across Europe...</description>
      <pubDate>Wed, 17 Apr 2013 20:23:30 GMT</pubDate>
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      <dc:date>2013-04-17T20:23:30Z</dc:date>
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      <title>Toyota's hybrid vehicle sales pass 5 million</title>
      <link>http://www.mail.com/scitech/news/2024830-toyotas-hybrid-vehicle-sales-pass-5.html</link>
      <description>TOKYO (AP) — Toyota's global sales of gasoline-electric hybrid vehicles have surpassed 5 million in a milestone for a technology that was initially greeted with skepticism. 
                   The Japanese automaker, which said Wednesday it had sold 5.125 million hybrid vehicles as of the end of March, started selling the Prius, the world's first mass produced hybrid passeng...</description>
      <pubDate>Wed, 17 Apr 2013 06:16:00 GMT</pubDate>
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      <dc:date>2013-04-17T06:16:00Z</dc:date>
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    <item>
      <title>GM to roll out new line of smaller pickups</title>
      <link>http://www.mail.com/business/economy/2023282-gm-to-roll-smaller-pickups.html</link>
      <description>DETROIT (AP) — General Motors plans to roll out a line of completely revamped midsize pickup trucks, with gas mileage and features designed to take sales from Toyota's market-leading Tacoma. 
                   The trucks will replace the aging Chevrolet Colorado and GMC Canyon. Mark Reuss, GM's North American president, said Tuesday that the trucks will be able to do 95 per...</description>
      <pubDate>Tue, 16 Apr 2013 20:46:07 GMT</pubDate>
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      <dc:date>2013-04-16T20:46:07Z</dc:date>
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    <item>
      <title>GM 1Q global sales rise 3.6 percent to beat VW</title>
      <link>http://www.mail.com/business/economy/2022764-gm-1q-global-sales-rise-36-percent-to-beat-vw.html</link>
      <description>DETROIT (AP) — General Motors edged out fast-growing Volkswagen in first-quarter sales as both companies try to close the gap with Toyota for the global world sales crown. 
                   Toyota, which is scheduled to release first-quarter numbers next week, dethroned GM to retake the top spot in 2012, a year in which VW posted record sales and came within 190,000 vehicl...</description>
      <pubDate>Tue, 16 Apr 2013 13:02:53 GMT</pubDate>
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      <dc:date>2013-04-16T13:02:53Z</dc:date>
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    <item>
      <title>SKorea plans $15 bln extra budget to boost economy</title>
      <link>http://www.mail.com/business/finance/2022034-skorea-plans-15-bln-extra-budget-to-boost-economy.html</link>
      <description>SEOUL, South Korea (AP) — South Korea's government announced a $15.3 billion stimulus plan Tuesday to boost slowing growth in Asia's fourth-largest economy. 
                   The stimulus would be South Korea's third-largest supplementary budget ever, exceeded only by those approved after the 1998 Asian financial crisis and the 2008 global financial turmoil when measured a...</description>
      <pubDate>Tue, 16 Apr 2013 07:22:54 GMT</pubDate>
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      <dc:date>2013-04-16T07:22:54Z</dc:date>
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    <item>
      <title>Suu Kyi visit highlights Japan's Myanmar push</title>
      <link>http://www.mail.com/business/economy/2015236-suu-kyi-visit-highlights-japans-myanmar-push.html</link>
      <description>TOKYO (AP) — Japan's long-deferred aspirations for a larger role in Myanmar are getting a boost this coming week with a visit by Nobel Peace Prize laureate and opposition leader Aung San Suu Kyi. 
                   The visit by Suu Kyi, in Japan for the first time in 27 years, is highlighting Japan's interest in helping to craft a blueprint for Myanmar's economy and tapping...</description>
      <pubDate>Fri, 12 Apr 2013 13:36:20 GMT</pubDate>
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      <dc:date>2013-04-12T13:36:20Z</dc:date>
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    <item>
      <title>Japanese, other automakers hit with air bag recall</title>
      <link>http://www.mail.com/business/economy/2013570-japanese-automakers-hit-with-air-bag-recall.html</link>
      <description>DETROIT (AP) — Six automakers, including Toyota, Honda and Nissan, are recalling nearly 3.4 million older-model vehicles worldwide because of defective air bags that can send shrapnel flying into the passenger compartment. 
                   The recall mainly affects cars sold by Japanese automakers in North America, Europe and Japan. A small number of cars made by Germany'...</description>
      <pubDate>Thu, 11 Apr 2013 23:15:42 GMT</pubDate>
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      <dc:date>2013-04-11T23:15:42Z</dc:date>
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    <item>
      <title>Toyota, Honda, Nissan announce air bag recall</title>
      <link>http://www.mail.com/business/economy/2012378-toyota-honda-nissan-air-bag-recall.html</link>
      <description>TOKYO (AP) — Toyota, Honda and Nissan are recalling more than 3 million vehicles globally for an identical problem with air bags on the passenger side whose inflator may burst, sending plastic pieces flying. 
                   No injuries have been reported related to the problem. The recall for air bags made by Japan's Takata Corp. affects other automakers including non-Ja...</description>
      <pubDate>Thu, 11 Apr 2013 12:56:13 GMT</pubDate>
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      <dc:date>2013-04-11T12:56:13Z</dc:date>
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      <title>Calif. DA says Toyota to pay $16M settlement</title>
      <link>http://www.mail.com/business/economy/2001756-calif-da-toyota-to-pay-16m-settlement.html</link>
      <description>LOS ANGELES (AP) — A $16 million settlement over the safety recall of Toyota vehicles that were at risk for unintended acceleration and braking issues was announced Friday by Orange County prosecutors and Toyota Motor Corp. 
                   The suit was one of a flood of cases brought against the automaker after more than 14 million vehicles were recalled in 2009 and 2010...</description>
      <pubDate>Fri, 05 Apr 2013 23:45:14 GMT</pubDate>
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      <dc:date>2013-04-05T23:45:14Z</dc:date>
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    <item>
      <title>Japan central bank revamps policy to boost economy</title>
      <link>http://www.mail.com/business/economy/1997172-japan-central-bank-revamps-policy-to-boost-economy.html</link>
      <description>TOKYO (AP) — Japan is taking aggressive action to lift consumer prices, encourage borrowing and help pull the world's third-largest economy out of a long slump. 
                   Like the U.S. Federal Reserve, Japan's central bank plans to flood its financial system with more money — its most far-reaching step to date to get consumers and companies to borrow and spend. The...</description>
      <pubDate>Thu, 04 Apr 2013 17:38:07 GMT</pubDate>
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      <dc:date>2013-04-04T17:38:07Z</dc:date>
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      <title>No let up for auto sales in March; pickups star</title>
      <link>http://www.mail.com/business/economy/1992720-up-auto-sales-march-pickups-star.html</link>
      <description>DETROIT (AP) — America is getting back to work, and it needs pickup trucks. 
                   Strong truck demand in March drove U.S. auto sales to their highest monthly total since August 2007, as everyone from oil and gas producers to local home builders raced to replace the aging trucks they held onto during the recession. Overall auto sales rose 3.4 percent to 1.45 mil...</description>
      <pubDate>Tue, 02 Apr 2013 21:36:36 GMT</pubDate>
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      <dc:date>2013-04-02T21:36:36Z</dc:date>
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      <title>Camry battles spruced-up rivals in midsize market</title>
      <link>http://www.mail.com/news/us/1991006-camry-battles-spruced-up-rivals-midsize-market.html</link>
      <description>DETROIT (AP) — For nearly two decades, the Toyota Camry and the Honda Accord have ruled the mid-sized car market. 
                   Nobody accused them of being stylish or fast. But the cars rarely broke down, and they held their value better than competitors. For drivers who wanted a family car, Camry and Accord got the job done and were good enough to become two of the b...</description>
      <pubDate>Mon, 01 Apr 2013 19:10:33 GMT</pubDate>
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      <dc:date>2013-04-01T19:10:33Z</dc:date>
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      <title>SKorea cuts growth forecast, plans stimulus</title>
      <link>http://www.mail.com/business/finance/1983838-skorea-cuts-growth-forecast-plans-stimulus.html</link>
      <description>SEOUL, South Korea (AP) — South Korea's government cut its forecast for growth in Asia's fourth-largest economy this year as exports stumble due to muted global demand and a weaker yen. 
                   The finance ministry said Thursday that South Korea's economy will expand 2.3 percent this year. Three months ago it forecast 3 percent growth for 2013. The lower forecast...</description>
      <pubDate>Thu, 28 Mar 2013 08:30:46 GMT</pubDate>
      <guid isPermaLink="false">http://www.mail.com/business/finance/1983838-skorea-cuts-growth-forecast-plans-stimulus.html</guid>
      <dc:date>2013-03-28T08:30:46Z</dc:date>
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