Toyota – News Stories About Toyota - Page 12

'Blood Hits Streets' as Asian Markets Plunge

Aug 16, 2007 4:42 AM CDT

'Blood Hits Streets' as Asian Markets Plunge

Continuing credit woes trigger steepest dive in six years

(Newser) - Asian stock markets continued to slide today, pounded by fears of a global credit squeeze, recording their most precipitous drop in five years, Reuters reports. South Korea's Kospi index skidded 6.9 percent as major corporations and financial institutions took horrific beatings. Australia's Rams Home Loans Group revealed it can't...

Credit Fears Sink Asian Markets

Aug 15, 2007 3:08 AM CDT

Credit Fears Sink Asian Markets

Nikkei drops as subprime crisis rocks world

(Newser) - Global credit turmoil rocked Asian markets today, pushing Japan’s Nikkei to 2007 lows, as US and Canadian firms struggled to meet payments and Wal-Mart and Swiss Bank UBS released disappointing forecasts. Through it all the Yen rose, as risk-averse investors turned to some safe havens in Japan, Reuters reports.

In Nardelli, Chrysler Found Its Maverick

Aug 7, 2007 4:30 AM CDT

In Nardelli, Chrysler Found Its Maverick

Cerberus relying on tough-talking new CEO to cut costs

(Newser) - Former Home Depot chief Bob Nardelli has a reputation for being a brusque, hard-edged maverick, and that’s exactly what his new bosses at Chrysler want, Reuters reports. Cerberus Capital Management hopes to stem losses at the automaker by cutting costs, particularly in the delicate area of unionized workers. Nardelli’...

Hottest Rides of 2007

Aug 4, 2007 4:29 PM CDT

Hottest Rides of 2007

CNNMoney puts the rubber to the road and finds the best cars in 10 categories

(Newser) - Whether you want something small and hip or capacious and safe, you can find it in CNNMoney's guide to the best cars of 2007 as determined by Consumer Reports.

Budget car, subcompact: Honda Fit
Sedan, less then $20,000: Honda Civic
Sedan, $20,000 to $30,000: Honda

...

Toyota Banks Best-Ever Quarter

Aug 3, 2007 2:27 PM CDT

Toyota Banks Best-Ever Quarter

Good yen rate bolsters $4B quarter

(Newser) - Toyota reported its highest quarterly earnings ever today after profits surged 32% to $4.1 billion due to booming sales and favorable exchange rates for the yen. Revenue rose $54 billion, up 16% compared to the same quarter last year, and the Japanese giant sold 2.16 million cars, an...

Foreign Cars Outsell Detroit

Aug 2, 2007 5:14 AM CDT

Foreign Cars Outsell Detroit

Foreign cars outsell American vehicles for first time ever

(Newser) - Foreign car makers, predominantly the Japanese, sped past their sputtering domestic competitors in July, outselling Detroit for the first time in history. In their worst month in more than 2 years, the Big 3's July market share was just 48.1%, the Detroit News reports, down 185,000 cars from...

GM’s Quarter Is Twice as Nice

Jul 31, 2007 10:02 AM CDT

GM’s Quarter Is Twice as Nice

Carmaker more than doubles estimates, beats Toyota in sales for quarter

(Newser) - General Motors scored a breakout second quarter, more than doubling earnings estimates and turning a profit of $891 million, compared to a loss of $3.4 billion a year ago, Bloomberg reports. GM made money in three out of four regions globally, and nearly broke even in the recently treacherous...

Toyota Tests Plug-In Hybrids

Jul 26, 2007 5:20 PM CDT

Toyota Tests Plug-In Hybrids

(Newser) - Toyota will provide two experimental plug-in electric hybrid cars to the University of California for road testing, the San Francisco Chronicle reports. The new vehicles can travel 100 miles on a single gallon of gas after a boost from a rechargeable battery that plugs in to a standard 110-volt current.

The 12 Greenest Rides

Jul 20, 2007 5:39 PM CDT

The 12 Greenest Rides

Forbes picks the 12 most environment-friendly cars.

(Newser) - You don't have to drive a hybrid to go green; half of Forbes' top picks for fuel-efficiency are small, brainy gas-driven cars.

Honda Civic Hybrid Sedan, $22,600
Toyota Prius Sedan, $22,175
Toyota Camry Hybrid Sedan, $26,200
Ford Escape Hybrid SUV, $25,740
Ford Focus, $13,995

...

Quake Damage Halts Auto Assembly Lines

Jul 19, 2007 9:26 AM CDT

Quake Damage Halts Auto Assembly Lines

Japanese car makers hit by damage to key suppliers

(Newser) - Japanese auto makers known for their lean inventories have had to shut down assembly lines for want of parts in the wake of Monday's earthquake. A key supplier of transmission and engine components was damaged in the 6.8-magnitude quake. Toyota, Nissan and Mitsubishi have all halted production at some...

Who Knew a Prius Was a
Hot Rod?

Jul 6, 2007 5:14 AM CDT

Who Knew a Prius Was a Hot Rod?

Al Gore III, busted at over 100 mph, shows speedy side of green

(Newser) - As the exhaust clears following Al Gore III's joy-ride drug bust, an astonished public has zeroed in, not on the former veep's son, but on his little-Prius-that-could. Clocked at over 100mph before he was pulled over, Gore shattered the assumption that the Toyota hybrid sacrifices speed for fuel efficiency, the...

Japanese Foes Thump
Big 3 in June Sales

Jul 3, 2007 5:57 PM CDT

Japanese Foes Thump Big 3 in June Sales

Figures spell especially big trouble for GM

(Newser) - GM's sales in June were down 24% from a year earlier, leading an all-American slump that saw Ford and Chrysler report downturns as Toyota, Honda, and Nissan rang up increases in figures released today. Discounts on the Tundra pickup helped Toyota jump into second place in the American market in...

Toyota Finally Tops GM

Apr 24, 2007 10:06 PM CDT

Toyota Finally Tops GM

First-quarter sales rise 9%, ending GM's 76-year reign as world's biggest automaker

(Newser) - Toyota vroomed past General Motors in the first quarter to become the biggest automaker in the world, ending GM's 76-year reign. Riding the strength of its innovative Prius hybrid and solid standbys like the Camry, Toyota posted record first-quarter sales of 2.35 million vehicles, compared to GM's 2.26...