Toyota Motor Corp - the best personalized free web-based Email en en Toyota Motor Corp Nissan annual profit rises on strong US, China, Europe sales TOKYO (AP) — Japanese automaker Nissan Motor Co.'s profit rose by 27 percent in the fiscal year that ended in March to 663.5 billion yen ($5.8 billion), as strong sales in the U.S., China and Europe and the sale of its stake in a parts maker offset damage from the strong yen, the company said Thursday. But Nissan is forecasting a 19 percent drop in profit... Thu, 11 May 2017 14:56:00 GMT 2017-05-11T14:56:00Z China auto sales shrink in April as demand cools sharply HONG KONG (AP) — China's auto sales shrank in April as demand for most types of vehicles wilted, an industry group said Thursday. The China Association of Automobile Manufacturers said 1.7 million passenger cars were sold in China last month, down 3.7 percent from the same period a year ago. That's down from 1.7 percent sales growth in ... Thu, 11 May 2017 10:30:00 GMT 2017-05-11T10:30:00Z Auto sales fall 4.7 pct.; 7-year win streak may come to end DETROIT (AP) — U.S. auto sales fell 4.7 percent last month, the most pronounced slowdown of the year and a strong indication that 2017 will put an end to seven straight years of growth. Auto executives and analysts, who have been anticipating a slowdown, saw no cause for panic. Many expect sales in the important economic sector to top 17 million for the third straight year, ... Tue, 02 May 2017 21:20:00 GMT 2017-05-02T21:20:00Z Toyota recalls 250K Tacoma pickups; rear wheels can lock up DETROIT (AP) — Toyota is recalling about 250,000 small pickup trucks mainly in North America because the rear wheels have the potential to lock up, causing drivers to lose control. The recall covers certain Tacoma trucks from the 2016 and 2017 model years. Toyota says oil can leak from the rear differential. That could damage components... Thu, 27 Apr 2017 18:43:00 GMT 2017-04-27T18:43:00Z Toyota announces $1.33 billion investment in Kentucky plant LOUISVILLE, Ky. (AP) — Toyota said Monday it is investing $1.33 billion to retool its sprawling factory in Georgetown, Kentucky, where the company's flagship Camry sedans are built. No new factory jobs are being added, but Toyota says the upgrades amount to the biggest single investment ever at one of its existing plants in the United States. The retooling also will sustain ... Mon, 10 Apr 2017 22:43:00 GMT 2017-04-10T22:43:00Z China auto sales slowing, dented by tax increase BEIJING (AP) — China's auto sales growth decelerated in the first two months of the year following a sales tax increase. Sales of sedans, minivans and SUVs rose 6.3 percent from a year earlier to 3.8 million units, down from December's 9.1 percent growth, an industry group, the China Association of Automobile Manufacturers, reported Friday. Total vehicle sales, including tru... Fri, 10 Mar 2017 10:06:00 GMT 2017-03-10T10:06:00Z Lured by deals, car buyers go for SUVs, pickups in February DETROIT (AP) — Lured by Presidents Day deals, U.S. buyers snapped up pickups and SUVs in February, brightening what is usually a lackluster month for the auto industry. Overall sales of new vehicles fell 1 percent from last February to 1.3 million, according to Autodata Corp. But automakers made up the difference with strong sales of more profitable SUV and trucks. Sales of ... Wed, 01 Mar 2017 22:41:00 GMT 2017-03-01T22:41:00Z Audi, Porsche are tops in Consumer Reports' annual rankings DETROIT (AP) — Audi, Porsche, BMW and Lexus are the best-performing brands in Consumer Reports' annual rankings, but lower-priced options aren't far behind. Subaru, Kia, Mazda, Honda and Buick also made it into the organization's top ten brands for 2017. Tesla was the highest-ranking U.S.-based brand, at number eight. The worst performers were Fiat, Jeep and Mitsubishi. ... Tue, 28 Feb 2017 22:55:00 GMT 2017-02-28T22:55:00Z Ghosn steps aside as Nissan CEO, to focus on larger alliance TOKYO (AP) — Carlos Ghosn, who leads the Nissan-Renault-Mitsubishi alliance, is handing over the helm at Nissan to Hiroto Saikawa, a veteran Japanese executive at Nissan, but Ghosn is staying on as chairman. Saikawa will become chief executive at Nissan Motor Co., based in Yokohama, effective April 1, and up for shareholders' approval in June, the company... Thu, 23 Feb 2017 14:37:00 GMT 2017-02-23T14:37:00Z Study: Technology trouble dents car and truck reliability DETROIT (AP) — Technology glitches including Bluetooth phone pairing and misunderstood voice commands put a dent in car and truck reliability scores in a major survey of automobile owners. Lexus and Porsche tied for the top spot, leading all brands for dependability in the survey released Wednesday by the consulting firm J.D. Power. But electronic problems caused trouble acr... Wed, 22 Feb 2017 19:04:00 GMT 2017-02-22T19:04:00Z Toyota hopes revamped plug-in sells better than first model TOKYO (AP) — Toyota has revamped its plug-in hybrid with a longer cruising range and quicker charging, including from a regular home plug, hoping it will sell better than the first model from five years ago that officials acknowledged had flopped. Japanese automaker Toyota Motor Corp.'s Prius PHV plug-in went on sale in Japan on Wednesday. Sales in the U.... Wed, 15 Feb 2017 09:27:00 GMT 2017-02-15T09:27:00Z Chinese auto sales weaken in January as sales tax rises BEIJING (AP) — China's auto sales shrank in January following a sales tax increase, an industry group reported Monday. Sales in the world's biggest auto market declined 1.1 percent from a year earlier to 2.2 million, compared to December's 9.1 percent expansion, according to the China Association of Automobile Manufacturers. Total vehicle sales, including trucks and buses, r... Mon, 13 Feb 2017 11:36:00 GMT 2017-02-13T11:36:00Z Smiles, a hug set tone for Trump's meeting with Japan's Abe WASHINGTON (AP) — President Donald Trump, fresh off patching up ties with China, reassured Japan's leader that the U.S. will defend its close ally. Together, the pronouncements illustrated a shift toward a more mainstream Trump stance on U.S. policy toward Asia. Welcoming Prime Minister Shinzo Abe to the White House with a hug, Trump said Friday he wants ... Sat, 11 Feb 2017 07:55:00 GMT 2017-02-11T07:55:00Z Trump hugs ally Japan after easing US-China tensions WASHINGTON (AP) — President Donald Trump, fresh off patching up ties with China, reassured Japan's leader Friday that the U.S. will defend its close ally. Together, the pronouncements illustrated a shift toward a more mainstream Trump stance on U.S. policy toward Asia. Welcoming Prime Minister Shinzo Abe to the White House with a hug, Trump said he wants ... Sat, 11 Feb 2017 01:45:00 GMT 2017-02-11T01:45:00Z The Latest: Trump says US committed to security of Japan WASHINGTON (AP) — The Latest on Japanese Prime Minister Shinzo Abe's visit to Washington and meeting with President Donald Trump (all times local): 1:30 p.m. President Donald Trump says the U.S. is committed to the security of Japan and all areas under its administrative control. Trump's comments imply that a U.S.-Jap... Fri, 10 Feb 2017 18:29:00 GMT 2017-02-10T18:29:00Z Trump to reaffirm security commitment to Japan PM WASHINGTON (AP) — President Donald Trump will reaffirm America's commitment to its security alliance with Japan when the nation's prime minister visits the White House on Friday, a senior U.S official said. Prime Minister Shinzo Abe arrived in the U.S. on Thursday, landing at Joint Base Andrews, Maryland. At the summit, he will be seeking reassurance from... Thu, 09 Feb 2017 23:18:00 GMT 2017-02-09T23:18:00Z Strong global sales drive Nissan quarterly profit higher TOKYO (AP) — Nissan reported Thursday that its October-December profit rose 3.5 percent from last year as vehicle sales climbed in all major markets. Nissan Motor Co., based in the Japanese port city of Yokohama, reported a fiscal third quarter profit of 131.7 billion yen ($1.2 billion), up from 127.2 billion yen the same period a year ago. ... Thu, 09 Feb 2017 08:45:00 GMT 2017-02-09T08:45:00Z Toyota, Suzuki to work together in green, safety technology TOKYO (AP) — Japanese automakers Toyota and Suzuki, which began discussing a partnership in October, said Monday they would work together in ecological and safety technology — a rapidly growing area in the industry. Toyota Motor Corp., the maker of the Camry sedan, Prius hybrid and Lexus luxury models, and Suzuki Motor Corp., which specializes in tiny car... Mon, 06 Feb 2017 06:53:00 GMT 2017-02-06T06:53:00Z Reports: Abe to propose major job-creating plan to Trump TOKYO (AP) — Angling to pre-empt complaints over Japan's perennial trade surplus with the U.S., Prime Minister Shinzo Abe reportedly plans to propose a sweeping economic cooperation package meant to create hundreds of thousands of jobs in the U.S. when he meets with President Donald Trump later this month. Abe and Trump are expected to meet on Feb. 10. Ma... Thu, 02 Feb 2017 11:33:00 GMT 2017-02-02T11:33:00Z US auto sales start 2017 on down note; improvement expected DETROIT (AP) — U.S. auto sales lagged in January as buyers recovered from holiday spending sprees, but the slowdown won't last long. January is typically the weakest month of the year for U.S. auto sales, and last month appeared to live up to that reputation. Sales fell 2 percent to 1.1 million, according to Autodata Corp. General Motors, Toyota and Ford all reported decline... Wed, 01 Feb 2017 21:39:00 GMT 2017-02-01T21:39:00Z Tesla, BMW electrics fall short of highest crash-test rating DETROIT (AP) — Two luxury electric vehicles — the Tesla Model S and the BMW i3 — fell short of getting the highest safety ratings in new crash tests by the insurance industry. The Insurance Institute for Highway Safety tested 2017 models of both vehicles. Neither earned the institute's "Top Safety Pick" award, which is given to vehicles that get the highest rating in five di... Wed, 01 Feb 2017 12:54:00 GMT 2017-02-01T12:54:00Z Toyota to add 400 jobs, sink $600M into Indiana SUV factory PRINCETON, Ind. (AP) — Toyota announced Tuesday that it will boost SUV production at an Indiana factory with a $600 million investment the company says will add 400 jobs. The company said it will retool and buy new equipment for the Princeton assembly plant in southwestern Indiana, which will allow the factory to produce 40,000 more Highlanders a year when the project is fin... Tue, 24 Jan 2017 20:33:00 GMT 2017-01-24T20:33:00Z Takata, 3 ex-workers charged with concealing faulty air bags DETROIT (AP) — Takata Corp. and three former employees were charged by federal prosecutors with concealing deadly defects in automotive air bag inflators. The inflators are linked to at least 16 deaths worldwide, 11 in the U.S. A federal grand jury indicted the former employees — Shinichi Tanaka, Hideo Nakajima and Tsuneo Chikaraishi. Prosecutors also cha... Fri, 13 Jan 2017 18:07:00 GMT 2017-01-13T18:07:00Z Mexican Ford plant workers blame Trump for dashed dreams VILLA DE REYES, Mexico (AP) — Word spread quickly through cellphone messages and shouts between co-workers that Ford Motor Co. had canceled its new $1.6 billion car plant at its sprawling 700-acre high desert site in north-central Mexico. "When I saw it on the phone, (I thought), 'Well, no, it can't be,'" said Higinio Salazar, a security guard who spent t... Fri, 06 Jan 2017 21:29:00 GMT 2017-01-06T21:29:00Z Toyota stock dip after Trump tweet on planned Mexico plant TOKYO (AP) — Toyota Motor Corp. stock fell 2 percent in early Friday morning trading after President-elect Donald Trump said on Twitter that the Japanese automaker faces a "big border tax" if it goes ahead with plans on a new Mexico plant. Toyota in Japan had no further comments beyond what it released in the U.S., which did not directly address Trump's t... Fri, 06 Jan 2017 01:28:00 GMT 2017-01-06T01:28:00Z Toyota is latest Trump target over Mexico production plans DETROIT (AP) — President-elect Donald Trump has trained his sights on Toyota in his latest effort to badger a company into building its products in the U.S. rather than Mexico. Trump tweeted Thursday that if the Japanese automaker goes ahead with plans to build the compact Corolla in a new factory in Mexico instead of the U.S., it faces a "big border tax" when it ships the c... Fri, 06 Jan 2017 01:20:00 GMT 2017-01-06T01:20:00Z The Latest: Obama speaks on Trump, intelligence community WASHINGTON (AP) — The Latest on President-elect Donald Trump (all times EST): 6:45 p.m. President Barack Obama says he hopes tensions between President-elect Donald Trump and the intelligence community will be reduced once Trump's team is put together. Obama says in an interview with NBC Chicago that presidents "can't... Thu, 05 Jan 2017 23:51:00 GMT 2017-01-05T23:51:00Z US auto sales hit a record 17.55M in 2016, led by SUVs DETROIT (AP) — U.S. consumers bought a record number of new cars and trucks in 2016. A repeat performance in 2017 could be a tall order. Low gas prices, rising employment and low interest rates kept buyers coming to car dealerships last year. There was also the lure of new technology — such as backup cameras, automatic emergency braking and Apple CarPlay — and new vehicles l... Wed, 04 Jan 2017 22:21:00 GMT 2017-01-04T22:21:00Z GM's main China venture fined $29M in anti-monopoly case BEIJING (AP) — General Motors Co.'s main joint venture in China was fined $29 million on Friday on charges it suppressed competition by enforcing minimum sales prices for dealers, the latest in a string of penalties against foreign auto brands under the country's anti-monopoly law. Chinese regulators have punished companies in industries from milk to medi... Fri, 23 Dec 2016 14:41:00 GMT 2016-12-23T14:41:00Z Ford CEO says Trump threats won't change small car plans DETROIT (AP) — Ford Motor Co. is going ahead with plans to move small-car production from the U.S. to Mexico despite President-elect Donald Trump's recent threats to impose tariffs on companies that move work abroad. CEO Mark Fields said Ford's plan to move production of the Ford Focus from Michigan to Mexico will proceed, in part because U.S. consumers d... Fri, 09 Dec 2016 23:25:00 GMT 2016-12-09T23:25:00Z