Toyota

Tokyo, August 26: Japan’s biggest automaker, Toyota Motor Corp., reeling under a severe slump in demand due to unrelenting global recession, intends to close one of its domestic assembly lines in Japan from the spring of next year.

Tokyo -- Toyota's revised management team faces an uphill battle to similar to its U.S. counterparts, Akio Toyoda, the Japanese automaker's new president said.

California, June 30: Two of the world’s largest automobile manufacturers failed to agree on which vehicles to build at New Union Motor Manufacturing Incorporated plant, popularly known as NUMMI.

Orlando, Fla -- The Orange County Sheriff's Office in Florida said no one has claimed a box left at a Toyota dealership with $40,000 inside.

Paris, June 24: Teams that had threatened to break away from Formula One racing agreed to remain in the series Wednesday and claimed a victory in the showdown.

Tokoyo -- Japanese auto giant Toyota Motor Corp. officially handed the reins of the company to Akio Toyoda, the grandson of the company founder, Tuesday.

Tokyo, June 23: Kiichiro Toyoda founded the Toyota Motor Corporation (TYO: 7203, NYSE: TM) in the year 1937. Seventy-two years down the line, his 53-year-old grandson, Akio Toyoda, has been named the president by the company’s board.

Tokyo, June 19: The target of 10,000 units of the new Prius hybrid to be sold in Japan in one month now appears miniscule. Japan’s largest automaker, Toyota Motor Corp. (TYO: 7203, NYSE: TM) claims to have booked as many as 180,000 domestic orders for the new gasoline-electric hybrid, all in one month flat.

Michigan, May 25: A study conducted by consulting firm Planning Perspectives Inc. to assess the relations between auto suppliers and the automakers revealed that Honda Motor Co. (TYO: 7267; NYSE: HMC) has the best relationship with its parts makers. Also, U.S. automaker, Ford Motor Co. (NYSE: F), has covered a lot of ground and improved its rapport with suppliers drastically.

Nagoya -- Toyota Motors Corp. of Japan, the world's largest automaker, said it lost $4.4 billion in the fiscal year ending in March, its first negative year since 1950.