DETROIT (AP) — Big discounts. Six- or seven-year loans, in some cases to buyers who would have been turned down in the past.
As the auto industry strives to sustain its post-recession comeback, car companies are resorting to tactics that some experts warn will lead to trouble down the road.
2. North Carolina offered $100M for Toyota HQ, twice Texas bid - Friday, August 29, 2014
RALEIGH, N.C. (AP) — North Carolina business recruiters offered Toyota more than $100 million in incentives for the world's largest carmaker to move its North American headquarters to Charlotte rather than a Dallas suburb, but still lost out to a Texas offer half that size.3. Diversified Trust expands Nashville leadership team - Friday, August 08, 2014
Diversified Trust, an employee-owned, southeast-based comprehensive wealth management firm that manages more than $5 billion in client assets, has announced the hiring of three senior professionals in its Nashville office: Adam Dretler, senior vice president, Lamar Stanley, vice president, Katie Williams, vice president4. Toyota profit up nearly 5 percent on sales growth - Friday, August 01, 2014
TOKYO (AP) — Toyota Motor Corp. reported a 5 percent jump in quarterly profit Tuesday, outpacing expectations as vehicle sales grew in North America and Europe, offsetting a drop in Japan.5. Toyota remains at top in sales after first half - Friday, July 25, 2014
TOKYO (AP) — Toyota remains No. 1 in global vehicles sales after the first six months of this year, followed by Volkswagen which bumped General Motors out of second place as the U.S. automaker grapples with a recall scandal.6. Nissan profit rises on strong sales, cheap yen - Friday, July 25, 2014
TOKYO (AP) — Nissan's quarterly profit rose nearly 37 percent, helped by a favorable exchange rate and healthy sales in North America and China.
Nissan Motor Co. reported Monday a better-than-expected net profit of 112 billion yen ($1.1 billion) for the April-June first fiscal quarter, up from 82 billion yen a year earlier. Analysts surveyed by FactSet had forecast a quarterly profit of 85 billion yen ($835 million). Quarterly sales jumped 10 percent to 2.466 trillion yen ($24.2 billion).7. After hybrid success, Toyota gambles on fuel cell - Friday, July 11, 2014
TOKYO (AP) — Rocket science long dismissed as too impractical and expensive for everyday cars is getting a push into the mainstream by Toyota, the world's top-selling automaker.
Buoyed by its success with electric-gasoline hybrid vehicles, Toyota is betting that drivers will embrace hydrogen fuel cells, an even cleaner technology that runs on the energy created by an electrochemical reaction when oxygen in the air combines with hydrogen stored as fuel.8. Toyota expands recall for air bag glitch - Friday, June 06, 2014
TOKYO (AP) — Toyota Motor Corp. is recalling nearly 650,000 vehicles in Japan and repeating a recall for problems with front passenger air bag inflators announced last year, seeking to fix some 2.27 million vehicles.9. Google: We're building car with no steering wheel - Friday, May 23, 2014
LOS ANGELES (AP) — Google will build a car without a steering wheel. It doesn't need one because it drives itself.
The two-seater won't be sold publicly, but Google said Tuesday it hopes by this time next year, 100 prototypes will be on public roads. Though not driving very quickly — the top speed would be 25 mph.10. Nissan profit rises as sales outpace industry - Friday, May 09, 2014
TOKYO (AP) — Nissan's quarterly profit edged up nearly 5 percent as sales grew around the world and a favorable exchange rate helped earnings.
Nissan Motor Co. reported Monday that January-March profit totaled 114.9 billion yen ($1.1 billion), up from 109.7 billion yen the year before. Quarterly sales rose more than 20 percent to 3.2 trillion yen ($31 billion).11. Toyota chalks up record profit, vehicle sales - Friday, May 02, 2014
TOKYO (AP) — Toyota chalked up a record annual profit and sales above 10 million vehicles for the first time, but forecast Thursday a slower year ahead as the momentum from a weak yen fades.
Expenses such as the $1.2 billion penalty it paid in a settlement with the U.S. Justice Department earlier this year for hiding information about defects in its cars dented its profit for January-March quarter, according to Toyota.12. Toyota moving US base from California to Texas - Friday, April 25, 2014
LOS ANGELES (AP) — Toyota delivered a surprise pink slip to California on Monday, announcing the company would move its U.S. headquarters and about 3,000 jobs from the Los Angeles suburbs to the outskirts of Dallas.13. Toyota sells 2.58 million vehicles, outselling GM - Friday, April 18, 2014
TOKYO (AP) — Toyota kept its position at the top in global vehicle sales for the first quarter of this year, outpacing rivals General Motors and Volkswagen.
Toyota Motor Corp. said Wednesday that it sold a record 2.583 million vehicles in the January-March period, putting the Japanese automaker ahead of Detroit-based GM at 2.42 million and Volkswagen of Germany at 2.4 million.14. Toyota gas cars get efficient engine from hybrids - Friday, April 04, 2014
TOKYO (AP) — Toyota has developed an efficient gasoline engine using technology fine-tuned with gas-electric hybrids, in which the Japanese automaker is an industry leader.
Toyota Motor Corp. said Thursday the engine will be rolled out in 14 models this year and next year.15. Toyota recalls about 6.4 million vehicles globally - Friday, April 04, 2014
TOKYO (AP) — Toyota Motor Corp. is recalling 6.39 million vehicles globally for a variety of problems spanning nearly 30 models in Japan, the U.S., Europe and other places.
No injuries or crashes have been reported related to the recalls announced Wednesday. But two reports of fires are linked to one of the problems, a defective engine starter that can keep the motor running.
16. US fine to settle probe delivers relief for Toyota - Friday, March 14, 2014
TOKYO (AP) — Toyota Motor Corp., headed to a record profit, can afford the $1.2 billion fine levied by the U.S. government for hiding information about defects in its cars. If anything, the settlement may even deliver relief for Toyota shareholders and customers as a sign the automaker has put the four-year recall debacle behind it.17. Toyota shuts 2 India plants in lockout over wages - Friday, March 14, 2014
MUMBAI, India (AP) — Toyota said Monday it has shut down production at its two auto-assembly plants in India, locking out 6,400 workers amid testy wage negotiations and allegations of threats against management.18. US retail sales rebounded 0.3 percent in February - Friday, March 07, 2014
WASHINGTON (AP) — U.S. retail sales bounced back in February after suffering a steep decline during a bitterly cold January. Shoppers spent more on autos, clothing and furniture.
The Commerce Department said Thursday that seasonally-adjusted retail sales rose 0.3 percent in February. Spending had fallen 0.6 percent in January, revised down from the 0.4 percent decline initially reported. Retail spending also fell 0.3 percent in December.
19. California pushes to finish driverless car rules - Friday, March 07, 2014
LOS ANGELES (AP) — California is trying to do something unusual in this age of rapidly evolving technology — get ahead of a big new development before it goes public.
By the end of the year, the Department of Motor Vehicles must write rules to regulate cars that rely on computers — not the owner — to do the driving.20. Obama admin drives ahead with new cleaner gas rule - Friday, February 28, 2014
WASHINGTON (AP) — The Obama administration is driving ahead with a dramatic reduction in sulfur in gasoline and tailpipe emissions, declaring that cleaner air will save thousands of lives per year at little cost to consumers.21. Bridgestone agrees to plead guilty - Friday, February 14, 2014
WASHINGTON (AP) — Bridgestone Corp. has agreed to plead guilty in a price-fixing conspiracy and pay a $425 million criminal fine in a Justice Department probe that has swept the automotive parts industry.22. Toyota recalls 1.9M Prius cars for software glitch - Friday, February 07, 2014
TOKYO (AP) — Toyota said Wednesday it is recalling 1.9 million hybrid Prius cars globally for a software glitch that could cause the vehicle to stall.
Toyota Motor Corp. said that 997,000 Prius cars in Japan, some 713,000 in North America, another 130,000 in Europe and the rest in other regions are being recalled for a problem in the software to control the hybrid system.23. Toyota profit up 500 pct. on weak yen, good sales - Friday, January 31, 2014
TOKYO (AP) — Toyota Motor Corp. reported a more than fivefold jump in its quarterly profit Tuesday and raised its earnings forecast, crediting a weak yen and strong sales.24. Honda 3Q profit doubles, sales get weak yen boost - Friday, January 31, 2014
TOKYO (AP) — Honda's quarterly profit doubled from a year earlier as sales got a big perk from a weak yen.
Honda Motor Co. reported on Friday a 160.7 billion yen ($1.58 billion) net profit for the October-December fiscal third quarter, up from 77.4 billion yen the year before.25. Toyota world's top selling car maker for 2nd year - Friday, January 17, 2014
TOKYO (AP) — Toyota remained the top-selling automaker for a second year in a row, beating U.S. rival General Motors by some 270,000 vehicles in 2013, and set an ambitious target to sell more than 10 million vehicles this year.26. GM predicts modest pretax profit gain this year - Friday, January 10, 2014
DETROIT (AP) — General Motors Co. said Wednesday it expects a modest gain in pretax profits this year as global sales growth slows.
The No. 1 U.S. automaker joined others in forecasting slower growth in the red-hot U.S. market. Still, GM and industry analysts expect sales to reach or exceed 16 million for the first time since 2007.
27. China's auto sales rise 15.7 percent in 2013 - Friday, January 03, 2014
BEIJING (AP) — China's auto sales rose 15.7 percent last year to 17.9 million vehicles, boosted by strong demand in December, an industry group reported Thursday.
Sales growth in China, the biggest auto market by number of vehicles sold, has slowed but still outstrips Western markets. Automakers including General Motors and Toyota reported record China sales in 2013 and BMW said this country became its biggest market.28. Toyota to enter accelerator settlement negotiations - Friday, December 13, 2013
SANTA ANA, Calif. (AP) — After a four-year legal battle, Toyota is entering settlement talks on hundreds of lawsuits that allege sudden unintended acceleration problems with its vehicles led to deaths and injuries.29. GM to stop making cars in Australia by 2017 - Friday, December 06, 2013
CANBERRA, Australia (AP) — General Motors Co. said Wednesday it will stop making cars and engines in Australia by the end of 2017, with nearly 2,900 jobs to be lost, because of high production costs and competition.30. In Japan, General Motors has high hopes, low sales - Friday, November 29, 2013
TOKYO (AP) — General Motors says it's in Japan for the long haul despite sales of Cadillac and Chevrolet models barely surpassing 1,000 vehicles a year.
There has never been much appetite in Japan for left-hand drive gas guzzling U.S. autos, and there are many informal barriers to foreign automakers making it here.31. Hydrogen cars could be headed to showroom near you - Friday, November 15, 2013
DETROIT (AP) — Cars that run on hydrogen and exhaust only water vapor are emerging to challenge electric vehicles as the world's transportation of the future.
At auto shows on two continents Wednesday, three automakers were unveiling hydrogen fuel cell vehicles to be delivered to regular people as early as spring of next year.
32. Toyota profit jumps 70 percent despite sales slip - Friday, November 01, 2013
TOKYO (AP) — Toyota's quarterly profit soared 70 percent, and the world's top-selling automaker raised its earnings forecast, as cost cuts and the weaker Japanese yen compensated for slightly weaker vehicle sales.33. Chrysler, Ford, GM, Nissan post big Oct. gains - Friday, November 01, 2013
DETROIT (AP) — Chrysler, Ford, General Motors, Nissan and Toyota all posted October sales increases as the U.S. auto industry rebounded from a lackluster September.
The gains signal that automakers made it through the 16-day partial government shutdown relatively unscathed. Chrysler even predicted stronger industry sales for the month than most analysts.
34. Ford, Toyota fight over who has top-selling car - Friday, October 18, 2013
DETROIT (AP) — Ford says the Focus compact car is the best-selling auto in the world this year.
The company says it sold almost 590,000 Focuses during the first half of the year based on registration data. That beat the No. 2 finisher, the Toyota Corolla.35. Leaving the driving to a computer has big benefits - Friday, October 18, 2013
WASHINGTON (AP) — In some ways, computers make ideal drivers: They don't drink and then climb behind the wheel. They don't do drugs, get distracted, fall asleep, run red lights or tailgate. And their reaction times are quicker.36. Nissan sales increase by 83% in China - Friday, October 11, 2013
BEIJING (AP) — China's auto sales grew at their fastest rate in eight months in September as Nissan and other Japanese brands rebounded from a slump sparked by political tensions with Tokyo.
Nissan Motor Co.'s monthly sales soared 83.4 percent to 117,100 vehicles, accelerating from 2 percent growth for the first nine months of the year. Toyota Motor Corp. said sales jumped 63.5 percent over the same month last year after declining by 0.5 percent in January-September.37. US businesses worry about a prolonged shutdown - Friday, September 27, 2013
NEW YORK (AP) — As the government's partial shutdown enters a second day, most companies across the country are doing business as usual. Yet concern is rising that a prolonged shutdown would cause some work at private companies to dry up and consumers to lose faith in the U.S. economy.38. Japan car parts makers in price-fixing plea - Friday, September 27, 2013
WASHINGTON (AP) — Nine Japanese auto parts manufacturers and two of their executives will plead guilty and pay $740 million in criminal fines for conspiring to fix the prices of more than 30 products sold to many of the world's largest automakers operating in the U.S., the Justice Department announced Thursday.39. Nissan says 2014 Rogue is more efficient - Friday, September 06, 2013
FARMINGTON HILLS, Mich. (AP) - Nissan Motor Co. says its revamped Rogue SUV will be cheaper and more fuel-efficient than its rivals when it goes on sale in the U.S. in November.
Nissan unveiled the 2014 Rogue Tuesday at its North American technical center near Detroit. The Rogue's European counterpart, the X-Train, was revealed at the same time at the Frankfurt Auto Show in Germany. The X-Train goes on sale early next year.40. Toyota recalls 369,000 vehicles worldwide - Friday, August 30, 2013
TOKYO (AP) — Toyota is recalling 200,000 vehicles worldwide for a hybrid-system problem and another 169,000 vehicles for an engine bolt defect.
Toyota Motor Corp. spokeswoman Shino Yamada said Wednesday there were no accidents related to either recall.41. Toyota says new Prius, fuel cell car due in 2015 - Friday, August 23, 2013
YPSILANTI, Mich. (AP) — Toyota has two important vehicles coming in 2015: the next-generation Prius hybrid and the company's first hydrogen fuel cell car.
Satoshi Ogiso, a top Toyota engineer who helped develop the original Prius 20 years ago, said Wednesday that the new Prius will get significantly better fuel economy than its current 50 miles per gallon. It will have an advanced battery, motor and gas engine combination that is smaller, lighter and cheaper than the current version.42. Mazda gets boost from plant that produces a car every 54 seconds - Friday, August 23, 2013
HOFU, Japan (AP) — Mazda, the longtime also-ran of Japanese automakers, says it came up with innovations in nearly every step of auto manufacturing for a super-efficient assembly line that rolls off vehicles at a stunning rate of one every 54 seconds.43. Toyota wrongful-death lawsuit begins in California - Friday, August 09, 2013
LOS ANGELES (AP) — A lawyer suing Toyota over the death of a California woman has told a jury he will ask for $20 million in damages.
In his opening statement Thursday, the lawyer for the family of Noriko Uno said Toyota was at fault for her death because the company failed to install a brake override safety system in the 2006 model Camry she was driving.44. GM to invest $167M more at Spring Hill factory - Friday, August 02, 2013
NASHVILLE (AP) - General Motors plans to spend another $167 million at its Tennessee factory so it can build two new midsize vehicles.
The investment disclosed Tuesday is on top of a previously announced $183 million investment. The spending is expected to create or keep 1,800 jobs, but GM wouldn't say how many new people would be hired.45. Toyota profit up on cheap yen, forecasts raised - Friday, August 02, 2013
TOKYO (AP) — Toyota Motor Corp. said its profit for the first quarter of the fiscal year nearly doubled from a year ago, and set an ambitious, worldwide production goal that would break industry records if reached.46. Honda quarterly profit slips despite solid sales - Friday, July 26, 2013
TOKYO (AP) — Honda Motor Co.'s net profit for the first quarter of its fiscal year slipped 7 percent, largely on financial expenses and other spending, although its auto sales increased outside of Japan.47. Toyota top-selling automaker despite China slump - Friday, July 26, 2013
TOKYO (AP) — Toyota shrugged off China sales woes to stay the world's top selling automaker for the first half of this year, outpacing U.S. rival General Motors Co., which boasted such bragging rights for seven decades until 2008.48. Yen fall boosts Nissan quarterly earnings to $820M - Friday, July 19, 2013
TOKYO (AP) — Without doing much different, Nissan made its shareholders a lot more money last quarter.
The Japanese automaker's April-June profit jumped 14 percent from the previous year to 82 billion yen ($820 million) and its operating earnings, which factor out its tax bill and one-time quirks, increased even more strongly.49. Former GM exec sees Toyota role as sign of change - Friday, July 19, 2013
NAGOYA, Japan (AP) — Mark Hogan, a former General Motors Co. executive tapped to join the Toyota board, sees his appointment as a sign of change at the Japanese automaker and hopes he'll play a role in the company becoming less insular and quicker in decision making.50. GM global sales up 4 percent, may gain on Toyota - Friday, July 12, 2013
DETROIT (AP) — General Motors' global sales grew almost 4 percent in the first half of the year, enough to fend off Volkswagen for second place and perhaps close the gap with sales leader Toyota.
GM said Tuesday that it sold 4.85 million cars and trucks worldwide from January through June. That puts GM on pace for sales of around 9.7 million for the year.51. Late to the Chinese market, Ford aims to catch up - Friday, July 05, 2013
CHONGQING, China (AP) — Dave Schoch has one of the toughest jobs at Ford Motor Co.: catching the competition in the world's biggest car market.52. Toyota recalls 242,000 Prius, Lexus hybrid cars - Friday, May 31, 2013
TOKYO (AP) — Toyota Motor Corp. said Wednesday it is recalling about 242,000 of its Prius and Lexus hybrid vehicles due to problems with their braking systems.53. US auto sales see big gains in May - Friday, May 31, 2013
DETROIT (AP) — Price cuts at Nissan and strong demand for pickup trucks helped U.S. auto sales rebound in May after a slight dip in April.
General Motors reported its strongest monthly sales since September of 2008. Chrysler, Ford, and Toyota also reported increases. Nissan Motor Co. notched its highest May sales ever after cutting prices on seven popular models early in the month. Only Volkswagen said sales fell compared with May of last year.
54. US auto factories cutting back on summer downtime - Friday, May 17, 2013
DETROIT (AP) — The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers' growing demand for new cars and trucks.55. Nissan chief welcomes yen fall for luxury brand - Friday, May 10, 2013
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."56. Toyota profit more than doubles on yen, cost cuts - Friday, May 03, 2013
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 business year that ends March 2014. It projected a 1.37 trillion yen ($13.8 billion) profit, up from 962 billion yen for the year ended March 2013.57. Subaru invests $400 million in Indiana plant - Friday, May 03, 2013
TOKYO (AP) — Subaru said Wednesday it is investing $400 million to expand its Indiana factory and will add 900 workers to build the Impreza small car there in 2016.
The plant now employs about 3,600 people and builds the Legacy and Outback cars and the Tribeca SUV. It also builds the Camry midsize car under contract with Toyota Motor Corp., the top shareholder in Subaru with a 16.5 percent stake.58. Detroit boosted by truck sales; Honda, Nissan gain - Friday, April 26, 2013
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.
59. Nissan cuts prices on 7 US models - Friday, April 26, 2013
DETROIT (AP) — Nissan is cutting prices on seven of its 18 models in the U.S., hoping its cars and trucks will show up in more Internet searches by shoppers.
The price cuts vary with the amount of equipment on each model and run from 2.7 percent, or $580, on the top-selling Altima midsize car to 10.7 percent, or $4,400, on the Armada big SUV. Other models getting price cuts include the Sentra compact car, Juke small crossover SUV, Murano midsize crossover, Rogue small crossover and the Maxima full-size car.60. Honda's quarterly profit rises despite China woes - Friday, April 26, 2013
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 14 percent to 2.74 trillion yen ($27.7 billion).61. Toyota top-selling automaker despite China fall - Friday, April 19, 2013
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.62. Toyota to build Lexus in Kentucky, add 750 jobs - Friday, April 19, 2013
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.63. European car sales plummet, even in solid Germany - Friday, April 12, 2013
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.64. Toyota's hybrid vehicle sales pass 5 million - Friday, April 12, 2013
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 passenger car, in 1997. Gas-electric hybrids deliver fuel efficiency by switching back and forth between a gasoline engine and electric motor depending on speed and other driving conditions, and recharges as it travels.65. GM to roll out new line of smaller pickups - Friday, April 12, 2013
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 percent of the work that a big truck can do.66. Japanese, other automakers hit with air bag recall - Friday, April 12, 2013
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.67. Toyota, Honda, Nissan announce air bag recall - Friday, April 05, 2013
TOKYO (AP) — Toyota, Honda and Nissan are recalling more than 2 million vehicles globally for an identical problem with air bags on the passenger side whose inflator may burst, sending plastic pieces flying.68. Ford says Focus is best-selling car the world - Friday, April 05, 2013
DETROIT (AP) — Ford Motor Co. says its Focus small car was the best-selling vehicle nameplate in the world last year, with just over 1 million sold.69. Nissan, Honda, Toyota shares boosted by Japan stimulus - Friday, April 05, 2013
DETROIT (AP) — U.S. shares of Japanese automakers are soaring Thursday as investors expect them to benefit from Japan's aggressive actions to stimulate its economy.
Shares of Nissan Motor Co., Toyota Motor Corp. and Honda Motor Co. all rose more than 4 percent after the Bank of Japan said it will increase the amount of cash in circulation.70. Japan, EU agree to start free-trade negotiations - Friday, March 22, 2013
TOKYO (AP) — Japan and the European Union agreed Monday to start negotiations for a free-trade pact encompassing nations that account for nearly a third of the world economy.
Japanese Prime Minister Shinzo Abe, European Council President Herman Van Rompuy and European Commission President Jose Manuel Barroso spoke by telephone for 30 minutes late Monday, a Japanese government spokesman said. A Japan-EU summit set to begin Monday in Tokyo was shelved because of the financial crisis in Cyprus.71. Toyota chief stresses safe growth - Friday, March 01, 2013
TOKYO (AP) — After four tumultuous years bookended by an unprecedented recall crisis and a return to the top of the global auto industry, Akio Toyoda is refashioning Toyota Motor Corp. into a leaner company that's more imbued with the venture spirit of founder Kiichiro Toyoda, his grandfather.72. Former GM executive tapped for Toyota board - Friday, March 01, 2013
TOKYO (AP) — Toyota has tapped a former executive at U.S. rival General Motors to join its board, the first time in the Japanese automaker's 76-year history it is appointing directors from outside the company.73. Volkswagen's Golf named Europe's Car of the Year - Friday, March 01, 2013
GENEVA (AP) — The Volkswagen Golf has been named Europe's Car of the Year by automotive journalists from more than 20 countries.
Introduced in 1974 and recently redesigned, the hatchback is the company's mass-market flagship — and a key element in its ambition to overtake Toyota as the world's biggest carmaker.74. Toyota pays $29M to states to settle safety suit - Friday, February 15, 2013
DETROIT (AP) — Toyota said Thursday it will pay $29 million to 29 states and American Samoa as part of a settlement related to its safety recalls.
State attorneys general sued Toyota in 2010 after it recalled 14 million vehicles globally for accelerating without warning. The lawsuit accused Toyota of failing to notify customers promptly about the problems.75. Tennessee part of $29M agreement with Toyota - Friday, February 15, 2013
NASHVILLE (AP) - Tennessee has joined 29 other states in a $29 million agreement with Toyota Motor Corp. over allegations the company concealed safety issues related to unintended acceleration.76. Nissan quarterly profit dives on China sales slump - Friday, February 08, 2013
TOKYO (AP) — Nissan Motor Co. reported a 35 percent plunge in October-December profit to 54.1 billion yen ($579 million) as global sales languished, especially in China, where anti-Japanese sentiment flared over a territorial dispute.77. Toyota raises annual forecasts on profit rise - Friday, February 01, 2013
TOKYO (AP) — Toyota Motor Corp. raised its fiscal year profit forecast Tuesday to triple what it eked out for the disaster-struck previous year, as the world's top automaker continued on a comeback roll as sales surged, especially in the U.S.78. 5 Super Bowl ads that enlist viewer help - Friday, February 01, 2013
Advertisers are finding new ways to get viewers into the game during Super Bowl XLVII, which airs on CBS on Sunday. Here are 5 campaigns that enlist viewer help in one form or another.
1. Coca-Cola created an online game that pits a troupe of showgirls, biker-style "badlanders" and cowboys against each other in a race to find a Coke in the desert. Viewers are encouraged to vote for their favorite group and set up obstacles that delay other groups on CokeChase.com. Obstacles include a traffic light or getting a pizza delivered, which both waste time. Coca-Cola's online game is alluded to in a Super Bowl ad and the winning group — which has the most "for" votes and the least "obstacle" votes will be announced after the Big Game. Coke will also give the first 50,000 people who vote a free Coke.79. Honda profit surges, trims forecast on China - Friday, January 25, 2013
TOKYO (AP) — Honda's quarterly profit surged nearly 63 percent as production recovered after disruptions from natural disasters, but the Japanese automaker slightly lowered its full-year profit forecast because of sales losses in China.80. Toyota recalls 1.29M vehicles for air bags, wipers - Friday, January 25, 2013
TOKYO (AP) — Toyota is recalling 907,000 vehicles, mostly Corolla models, around the world for faulty air bags and another 385,000 Lexus IS luxury cars for defective wipers.
Toyota Motor Corp. spokesman Naoto Fuse said Wednesday that two crashes were reported in the U.S. related to the air bag problem, but Toyota had not been able to confirm them. Fuse said it was unclear whether anyone had been injured in the two crashes. Toyota has confirmed 18 cases in the U.S. of abrasion-type injuries from the air bag problem, he said.81. Nissan, Ford, Daimler to research hydrogen cars - Friday, January 25, 2013
DETROIT (AP) — Ford is joining with Daimler and Renault-Nissan to speed development of cars that run on hydrogen, with hopes of bringing a vehicle to market in as little as four years.
Hydrogen fuel cell vehicles generate electricity after a chemical reaction between hydrogen and oxygen. Hydrogen is stored in special high-pressure tanks, and the only emissions are water vapor and heat.82. Toyota leads industry with nearly 9.75M vehicles sold last year - Friday, January 25, 2013
TOKYO (AP) — Now it's official: Toyota is once again the world's top automaker.
Toyota Motor Corp. released its tally for global vehicle sales for last year Monday at a record 9.748 million vehicles — a bigger number than the estimate it gave last month of about 9.7 million vehicles.83. Toyota, BMW working on new battery technology - Friday, January 18, 2013
TOKYO (AP) — Toyota Motor Corp. and BMW Group are working together on next-generation batteries for green vehicles called "lithium-air" as their collaboration, first announced in late 2011, moves ahead in fuel cells, sports vehicles and other fields.84. Toyota settles in case of 2 killed in Utah crash - Friday, January 18, 2013
LOS ANGELES (AP) — Toyota Motor Corp. has settled with family members of two people killed in a sudden-acceleration crash in Utah as part of a lawsuit that was to go to court next month and serve as a test case for a group of hundreds more that are pending.85. $1 billion deal major step in Toyota legal trouble - Friday, December 21, 2012
LOS ANGELES (AP) — With a proposed payout of more than $1 billion, one major chapter of a nearly four-year legal saga that left Toyota Motor Corp. fighting hundreds of lawsuits and struggling with a tarnished image has ended, though another remains.86. Toyota plans to sell 9.7 million vehicles in 2012 - Friday, December 21, 2012
TOKYO (AP) — Toyota expects to sell a record 9.7 million vehicles this year, bouncing back by 22 percent from a disaster-struck 2011. It has set an even higher target of 9.91 million vehicles for 2013.87. Black boxes in cars raise privacy concerns - Friday, December 07, 2012
WASHINGTON (AP) — Many motorists don't know it, but it's likely that every time they get behind the wheel, there's a snitch along for the ride.
In the next few days, the National Highway Traffic Safety Administration is expected to propose long-delayed regulations requiring auto manufacturers to include event data recorders — better known as "black boxes" — in all new cars and light trucks. But the agency is behind the curve. Automakers have been quietly tucking the devices, which automatically record the actions of drivers and the responses of their vehicles in a continuous information loop, into most new cars for years.88. Toyota recalls vehicles for steering, pump defects - Friday, November 09, 2012
TOKYO (AP) — Toyota Motor Corp. is recalling 2.77 million vehicles around the world for a water pump problem and a steering shaft defect that may result in faulty steering — the latest in a spate of quality woes for Japan's top automaker.89. Toyota tests cars that communicate with each other - Friday, November 09, 2012
SUSONO, Japan (AP) — Toyota Motor Corp. is testing car safety systems that allow vehicles to communicate with each other and with the roads they are on in a just completed facility in Japan the size of three baseball stadiums.90. Mazda to produce Toyota-brand vehicles in Mexico - Friday, November 09, 2012
TOKYO (AP) — Mazda Motor Corp. will make Toyota-brand subcompacts at its new plant in Mexico, allowing Japan's top automaker to strengthen its North American model lineup.91. Nissan profit rises 8 percent, cuts forecasts - Friday, November 02, 2012
TOKYO (AP) — Nissan's quarterly profit rose nearly 8 percent, but the Japanese automaker lowered its full-year forecasts Tuesday because of a sales slump in China and weakness in Europe.
Nissan Motor Co. reported a July-September net profit of 106 billion yen ($1.3 billion), slightly better than the 96 billion yen ($1.2 billion) profit forecast by analysts surveyed by FactSet. Quarterly sales improved 5.5 percent to 2.4 trillion yen ($30 billion).92. Toyota quarterly profit triples, raises forecast - Friday, November 02, 2012
TOKYO (AP) — Toyota's quarterly profit tripled, driven by a recovery from natural disasters, and the company raised its full-year earnings forecast Monday despite a sales slump in China.
Toyota Motor Corp., on track to regain the crown of world's No. 1 automaker this year, reported a July-September net profit of 257.9 billion yen ($3.2 billion) compared with an 80.4 billion profit a year earlier. The result was better than the 238 billion yen ($3 billion) quarterly profit forecast by analysts surveyed by FactSet.93. Mitsubishi Motors profit improves on cost cuts - Friday, October 26, 2012
TOKYO (AP) — Mitsubishi Motor Corp.'s fiscal second-quarter net profit improved 60 percent to 10.1 billion yen ($126 million) on cost cuts, but the Japanese automaker lowered its projection Tuesday for China, where a bitter territorial dispute is sending sales plunging.94. Toyota on top in latest Consumer Reports survey - Friday, October 26, 2012
DETROIT (AP) — And the winner is ... Japan.
Japanese brands took the top seven spots in Consumer Reports' annual reliability rankings, pushing aside their U.S. and European rivals. Toyota Motor Corp.'s Scion, Lexus and Toyota brands took the top three spots and the Toyota Prius C, a subcompact hybrid, got the best overall score. Mazda, Subaru, Honda and Acura were close behind.95. Chrysler 3Q profit nearly doubles - Friday, October 26, 2012
DETROIT (AP) — Strong U.S. sales powered Chrysler to a healthy third-quarter profit.
The company on Monday reported net income of $381 million, up 80 percent from $212 million a year earlier. The profit was due mainly to a 13-percent sales increase in the U.S., where Chrysler does three quarters of its business. The company sold nearly 417,000 cars and trucks in the U.S. under the Jeep, Dodge, Ram, Fiat and Chrysler brands.96. Nissan to add shift, 800 jobs at Tennessee plant - Friday, October 19, 2012
NASHVILLE (AP) — Japanese automaker Nissan Motor Co. announced Friday it will add a third shift at a vehicle assembly plant in Tennessee, adding more than 800 jobs.97. Southern auto industry wary of Mexican competition - Friday, October 12, 2012
CHATTANOOGA (AP) — Southern states accustomed to luring investments away from the Midwest are casting a wary eye to competition from Mexico.
Tennessee Gov. Bill Haslam was asked at the Southern Automotive Conference on Thursday about what steps are being taken to keep investments from moving abroad, especially in light of a recent decision by German automaker Audi to build its first North American plant in Mexico.98. Toyota recalls 7.43 million vehicles globally - Friday, October 05, 2012
TOKYO (AP) — Toyota Motor Corp. is recalling 7.43 million vehicles in the U.S., Japan, Europe and elsewhere around the world for a faulty power-window switch — the latest, massive quality woes for Japan's top automaker.99. Dow falls 128, with Chevron and Alcoa leading way - Friday, October 05, 2012
NEW YORK (AP) — Downbeat reports from Alcoa and Chevron at the start of corporate earnings season pulled stock indexes lower for a third straight day Wednesday. The Dow Jones industrial average slumped 128 points, its steepest loss since late June.100. Toyota, Honda sales plunge in China on islands row - Friday, October 05, 2012
TOKYO (AP) — Sales of Toyota and Honda vehicles nosedived in China during September as anti-Japanese sentiment flared over a territorial dispute that threatens to hobble what was a booming business relationship between Japan and its biggest export market.