A community portal about Toyota Motor Corporation with blogs, videos, and photos. According to Wikipedia.org: The Toyota Motor Corporation, or simply called Toyota is a Japanese multinational corporation and the world's second largest...
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A community portal about Toyota Motor Corporation with blogs, videos, and photos. According to Wikipedia.org: The Toyota Motor Corporation, or simply called Toyota is a Japanese multinational corporation and the world's second largest automaker that manufactures automobiles, trucks, buses and robots and the world's eighth largest company by revenue. Its headquarters are in Toyota, Aichi, Japan with factories and offices around the world.
Toyota Motor Corp. is pouring $1 billion into a U.S. marketing effort in the fourth quarter as the Japanese automaker bets on a recovery in the ailing auto market. Spokesman Irv Miller says the sum is "more than we've spent before" in the period. The fourth quarter is typically a strong sales season for automakers including Toyota, which rolls out its "Toyotathon" marketing and sales blitz around the end of the year. Miller says inventories of Toyota cars and trucks remain tight and... Read Full Story
In 3Q 09, Toyota recorded a significant decline in net revenues, as the company’s largest markets, such as North America and Europe, are currently experiencing recessionary conditions. With the current prevailing weakness in the global economy, we remain skeptical over sales growth for Toyota. Moreover, the company reported weak sales figures for February and March 2009. We believe Toyota will be compelled to reduce its ARPV in order to maintain its market share in the current weak market... Read Full Story
TOYOTA MOTOR CORPORATION (TMC) announces that the Japanese-market version its third-generation ''Prius'' gasoline-electric hybrid vehicle has achieved the best fuel efficiency in the world1 for a mass-produced vehicle, as measured using the 10-15 test cycle of the Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT). The achievement represents part of TMC's numerous and ongoing efforts to improve fuel efficiency through advanced vehicle development. The new Prius... Read Full Story
Toyota Motor Corp, under pressure ahead of a scheduled management shake-up, has won 75,000 orders for its new Prius hybrid, the Nikkei business daily said, promising a fierce battle for Honda Motor Co's rival Insight hybrid. Toyota, facing a potential $8.6 billion operating loss in the year to next March, has previously announced plans to appoint the founder's grandson to head the company in June and make many other management changes including a new head for its loss making U.S. operations... Read Full Story
By Kay Layne
For the first time in decades Toyota Motor Corp. has outsold General Motors Corp. to become the world’s biggest automaker. Toyota outsold GM in 2008.
There was another first for Toyota. The automaker reported company’s first full-year operating loss in more than 50 years.
Akihiko Otsuka, (L)chief engineer and Bob Carter, group vice president and general manager of Toyota after the third-generation 2010 Toyota Prius hybrid made its world debut at the North American... Read Full Story
Toyota Motor Corporation (Toyota) has revised down its FY 2009 forecast on 22 December 2008. The revised estimates are significantly below our estimates and further strengthen our negative view on the common stock. Consequently, we reiterate our SELL rating for the common stock. Despite our fundamental weak outlook for the common stock; we reiterate our BUY rating for the ADR based on our anticipated significant positive currency impact on the ADR over the medium term.
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Toyota Motor Corporation (Toyota) significantly reduced its revenue and profitability estimates in light of weak global vehicle demand and a strengthening yen against the US dollar and Euro. We have further revised our FY 2009 revenue and profitability estimates to reflect weak vehicle demand associated with recession in Toyota’s core markets, such as Japan and the US, and to reflect weak Management guidance. We expect this weakness to continue into FY 2010.
Read the full report free of... Read Full Story
Toyota Motor Corporation (Toyota) reported y-o-y decline in net revenues in 2Q 09, primarily led by decline in Average Realization Per Vehicle (ARPV) and sales volume in its core markets, such as Japan and North America. However, net revenues were in line with our expectations. Toyota’s net revenue growth is expected to remain subdued over the next 2 years, considering the anticipated slowdown in demand for automobiles, associated with the economic slowdown in its core markets such as Japan... Read Full Story
Toyota's Prius was ranked the No. 1 selling vehicle in Japan for May, clinching the top spot in the domestic market for the first time. The revamped Prius debuted last month. Toyota Motor Corp. sold 10,915 of the hybrid cars in May in Japan, more than a five-fold increase from the previous month, according to data released Thursday by the Japan Automobile Dealers Association. Honda's new hybrid, the Insight, slipped to third place with 8,183 units sold after nabbing the top spot in April... Read Full Story
Nardelli and Chrysler catch a big fish. By Chris Haak 09.06.2007 In an absolutely stunning development, longtime Toyota executive Jim Press, who had been with the company for 37 years and was the first American ever elected to Toyota Motor Corporation's Board of Directors, resigned from the company to become Vice Chairman and President of Chrysler LLC. He now has the same job title as former Chrysler CEO Tom LaSorda, except that Mr. Press will be responsible for Sales and Marketing, and Mr... Read Full Story
