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Toyota Motors

Toyota set to achieve 90% of earlier production level

Wed, 01/06/2011 - 16:04 by Anter Prakash Singh

Toyota Motors, the world's biggest car manufacturer, said that production in its factories in Japan is returning back to normal earlier than the prior estimates.

Hyundai recalls 139500 Sonatas for loose steering

Mon, 27/09/2010 - 08:35 by Samia Sehgal

Hyundai Motor Co. has announced a massive recall of 139,500 Sonata sedans in the United States because of a suspected issue with steering columns that might cause drivers to lose steering control.

Toyota Motors fires back at ABC

Tue, 09/03/2010 - 16:04 by Neha Gupta

ABC News was highly criticized by Toyota Motors Corp on Monday for staging a false report which showed Toyota’s vehicles to accelerate unexpectedly.

Toyota head expresses remorse

Fri, 02/10/2009 - 21:39 by surajdogra

Tokyo -- Toyota Motors Chief Executive Officer Akio Toyoda issued apologies to consumers, families of accident victims and tax collectors at a news event in Japan.

At an appearance at the Japan National Press Club, Toyoda said the automaker was "grasping for salvation," The New York Times reported Friday.

With Toyota predicted to lose about $5 billion in the current fiscal year, he said it was "agonizing" to close a car plant in California. He even apologized to consumers, saying automakers had "abandoned our passion for cars."

To the government, he added, "I want Toyota to return to profit, so we can start paying taxes and go back to contributing to society."