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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: Toyota

Toyota stories: 111 news summaries

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(Newser) - Automakers got hammered again last month, with Detroit’s Big Three all reporting big sales drops today. Ford’s light-vehicle numbers were down 41%, the AP reports; General Motors’ fell 44.7% and Chrysler’s 39.3%, the Wall Street Journal adds. Foreign manufacturers weren’t immune, either, with Toyota’... More »

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Chrysler • Toyota • General Motors • Ford • Volkswagen • Big Three • auto sales • US automakers

Price War
Heats Up
Hybrid Market

Toyota and Honda square off with dueling technologies, too

Mar 27, 09 10:40 AM CDT
(Newser) - Toyota and Honda have begun waging battle in the hybrid market, and a price war is bound to speed conversion by consumers—the Prius is expected to dip below $21,000 in order to compete with the $19,000 Insight in Japan. But the two aren't just versions of the... More »

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Toyota • fuel efficiency • Honda • Toyota Prius • hybrid car • Honda Insight

(Newser) - Buick and Jaguar are the most dependable all-around car brands this year, the Detroit News reports. A study by JD Power and Associates looked at the average number of problems that crop up in 2006 models to make its estimation, which could be more influential as the recession has drivers... More »

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Chrysler • Lexus • Toyota • Ford • Jaguar • auto industry • Mercury • J.D. Power & Associates • Buick • dependability

 Honda Hops on 
 Bailout Bandwagon 

Japanese automaker to seek government loans to pay for customer loans

Mar 4, 09 9:46 AM CST
(Newser) - With American credit markets dried up, Honda is seeking money from the Japanese government to help finance auto loans in the US, reports the Wall Street Journal. The Japanese government is planning to offer $5 billion through a semi-governmental organization, and Toyota is planning to seek funds as well. More »

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Japan • Toyota • General Motors • Honda • credit crisis • auto industry • US automakers • bailout

(Newser) - Toyota is reportedly seeking $2 billion in loans from Japan’s government, after forecasting its first loss in 59 years, Bloomberg reports. A Toyota Financial Services spokesman confirmed that the automaker is in talks with a state-owned bank, but wouldn’t specify a figure. The carmaker expects to report a... More »

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Japan • Toyota • auto industry • loan • bailout • recession depression

Toyota's Losses Will Triple  

First loss in seven decades multiplies as market deteriorates

Feb 6, 09 8:29 AM CST
(Newser) - Toyota now expects its full-year operating loss to be three times larger than the $1.6 billion it forecast in December, the New York Times reports. The company expects to lose $5 billion for the fiscal year through March 31 as world automobile demand deteriorates. Toyota, which last year overtook... More »

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Lexus • Toyota • Toyota Prius • auto industry • hybrid car • Japanese auto industry • financial crisis • economic downturn

UPDATED

Auto Sales Off Again: GM 49%, Ford 40%, Toyota 32%

Double-digit US losses expected to continue

Feb 3, 09 12:48 PM CST
(AP) - Three automakers said today their US light-vehicle sales plummeted again in January: General Motors fell 49%, Ford 40% and Toyota 32%. It’s an abysmal start to 2009 for the industry as sales to fleet buyers like rental car companies weighed down the results. Chrysler and other automakers also are... More »

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Toyota • Ford • auto sales

Toyota Recalls 1.3M Cars Over Seatbelt Issue

Flawed Yaris seatbelt could cause fire in crashes, maker says

Jan 28, 09 3:56 PM CST
(Newser) - About 1.3 million Toyota Yaris models are being recalled for repairs after a seatbelt defect was discovered that, during a severe frontal collision, can cause a pad inside the vehicle to ignite, the Car Connection reports. Some 134,900 US models, from 2006 and ’07, are affected; the... More »

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Toyota • seatbelts • recall • repair • Toyota Yaris • safety violations

MARKETS

 Financials Kick Dow Up 279 

Stocks rebound after dismal Inauguration Day

Jan 21, 09 3:22 PM CST
(Newser) - A rebound in the financial sector today and qualified confidence in President Obama’s stimulus plan drove stocks to recover some of yesterday’s large losses, MarketWatch reports. The Dow gained 279.01 to close at 8,228.10. The Nasdaq added 66.21, closing at 1,507.07, and... More »

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Citigroup • Bank of America • Toyota • Dow Jones • General Motors • IBM • Nasdaq • economic stimulus package • S&P 500 • President Obama

After 77 Years, GM Cedes Sales Crown to Toyota

Both automakers post drops, but Japanese firm sells more worldwide than US giant

Jan 21, 09 12:35 PM CST
(Newser) - General Motors’ 77-year reign as the world’s top-selling automaker ended in 2008, the Detroit Free Press reports, overtaken at last by Toyota. The troubled US giant announced today its sales dropped 11% for the year, to 8.35 million vehicles; Toyota, despite a 4% dip, sold 8.97 million... More »

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Toyota • General Motors • auto industry • economic stimulus package

Fiat to Take 35% Stake in Chrysler, Enter US Market

No-cash deal offers platform sharing and markets to Fiat, a lifeline to Chrysler

Jan 20, 09 7:16 AM CST
(Newser) - Fiat arranged a no-cash deal with Chrysler today that could put the Italian automaker behind the wheel of Chrysler’s operations, the Wall Street Journal reports. Fiat will take a 35% stake in Chrysler with an option for 20% more. Fiat will receive a foothold in the US market, retooling... More »

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Chrysler • Toyota • General Motors • fuel efficiency • US automakers • Fiat • auto bailout

 Plush New Prius Will Hit 50mpg 

As hybrid market goes mainstream, so does iconic car

Jan 13, 09 12:36 PM CST
(AP) - Toyota's sleeker, more fuel-efficient update to its iconic Prius, already the most fuel-efficient vehicle on the market, offers a city-highway average of 50mpg—up from 46—and a bunch of new amenities. Unveiled at the Detroit Auto Show, the 2010 model comes with a more powerful engine, a moonroof, and... More »

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Toyota • fuel efficiency • automaker • Prius • auto industry • hybrid car • Detroit Auto Show

In Rare Move, Toyota to Suspend Production in Japan

11-day break amid shrinking demand is first since 1993

Jan 6, 09 7:33 AM CST
(AP) - Toyota is suspending production at all 12 of its Japanese plants for 11 days over February and March, a stoppage of unprecedented scale for the nation's top automaker as it grapples with shrinking global demand. The last time it halted production at all its Japanese plants was in August 1993,... More »

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Japan • Toyota • factory • closing • economic downturn

UPDATED

Auto Sales
Take a Drubbing in December

Chrysler off 53%; GM, Ford, Toyota, Honda all down more than 30%

Jan 5, 09 1:28 PM CST
(Newser) - Chrysler's sales were off 53% in December compared to the same time last year, the Wall Street Journal reports today, with Ford's off 32% and General Motors down 31%, further indicating a steep decline in US demand for cars. Foreign makers took an even harder hit last month: A 35%... More »

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Toyota • General Motors • Honda • Ford • Volvo • auto industry • sales slump • supply and demand • financial crisis

Toyota Working on Mass-Market Solar Car

Company believed to be trying to build first mass-market car running soley on sunshine

Jan 2, 09 7:20 AM CST
(Newser) - Toyota is trying to leapfrog rivals by developing a mass-market solar-powered car on the sly. The futuristic vehicle will get power from solar cells in the rooftop, providing enough energy to power only its accessories initially, reports Hybrid Cars News. The company is thought to be years away from creating... More »

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Toyota • solar power • electric cars • hybrid car • solar panel • Panasonic • cars

Ford to Offer Self-Park Cars; Kerkorian Sells Stake

New Lincoln MKS models will park themselves in effort to woo car buyers

Dec 30, 08 10:19 AM CST
(Newser) - Ford plans to offer two models with a self-parking function at the Detroit auto show next month, the Wall Street Journal reports, in the continuing effort to woo buyers with new technology. But  the company's image among investors remains tarnished, as billionaire Kirk Kerkorian confirmed yesterday that he sold his... More »

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Kirk Kerkorian • Toyota • Detroit • Ford • auto industry • Big Three • hybrid car

MARKETS

 Dow Sheds 59 on Ugly Reports 

Indices decline on bad news from Toyota, Walgreens

Dec 22, 08 3:20 PM CST
(Newser) - Stocks fell today after Toyota warned of looming losses and Walgreen announced a reduction in profit, MarketWatch reports. Amid light trading volume, the Dow dropped 59.42 to close at 8,519.69, the Nasdaq fell 31.97, closing at 1,532.35, and the S&P 500 shed 16.... More »

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Toyota • Dow Jones • Nasdaq • Walgreens • ComScore • S&P 500

MARKET OPEN

 Stocks Begin 
 Holiday Week Mixed 

Fed cuts, auto loan offer boost

Dec 22, 08 9:17 AM CST
(Newser) - Stocks opened mixed today after China cut interest rates and Toyota predicted its first loss in 71 years, the Wall Street Journal reports. Toyota’s US shares dropped 3% after its bleak forecast, and General Motors (16%) and Ford (7%) both fell. The Dow ticked up after the bell but... More »

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China • Wall Street • Toyota • Dow Jones • markets • Standard and Poor • interest rate cut

Mighty Toyota Posts Its
First Loss Ever

Even Prius can't overcome flagging demand, soaring yen

Dec 22, 08 6:08 AM CST
(Newser) - Toyota will post a loss for the first time in its history, the victim of plummeting sales and multi-year highs in the value of the yen, the company warned today. The Japanese automaker, which has enjoyed a reputation for profits even in bad times, announced that it would suspend executive... More »

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Japan • Toyota • yen • Prius • auto industry • Japanese auto industry

ANALYSIS

Why Asian Automakers Don't Want Detroit to Fail

Big Three bankruptcy would disrupt supply chain, further sour US economy

Dec 16, 08 11:01 AM CST
(Newser) - As Detroit’s Big Three await word on the fate of their much-needed bailout, an unlikely group of supporters has assembled in their corner: foreign automakers. A collapse of General Motors, Ford, or Chrysler would devastate overseas manufacturers as well, CNNMoney reports, spreading bankruptcy to suppliers around the globe and... More »

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Chrysler • Toyota • General Motors • Detroit • Honda • Nissan • Ford • auto industry • Big Three • Tata Motors • bailout • financial crisis

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