- New Ford Ads Promise Smarter Vehicles Tomorrow
- Watt? Pure EV Porsche Crossover Ready for Serial Production
- IndustriALL Renews Global Agreement with German Multinational Parts Supplier Rheinmetall
- Chattanooga Choo Choo -100,000 VW Atlas SUVs Made
- Mahindra, Ford Agree on Connected Car, Powertrain Sharing
- Brexit Panic Takes Hold. Auto Industry Urges – Begs? – Negotiators to Avert the Business Killing Worst-Case Scenario
- EU September Passenger Car Sales Plummet
- Death Of The Diesel Continues As London Mayor Delivers Online Checker To Help Car Buyers Choose Cleaner Cars
- Penske Automotive Increases Dividend
- Fresh Frozen! Comeback of Ice Race in Zell am See
- Consumers Can Save up to $3,000 on Auto Loan Packages?
- Chinese Junk Watch: U.S. Consumer Product Safety Commission Warns about Unsafe Tubeez Baby Bath Support Seats, and Eddie Bauer Infant Carriers
- Variables Abound – Meet the New NAFTA
- Dieselgate – Audi Fines of ~$1 Billion hit Porsche Guidance. Porsche is Economical with the Truth on Ongoing Risks.
- Marketing Wars – New Carfax Ad Campaign. Car Fox Restyled.
News from PR Newswire
Tag Archives: tmc
Region by region Toyota is experiencing the effects of a slowdown in the global automotive economy along with an ongoing increase in competition. As a result, volume is down slightly, but operating income is up. Continue reading
Nevertheless, TMC’s Board of Directors agreed to pay 100 yen per share as the interim dividend on common shares, and have also resolved to buy back up to 200 billion yen, or 40 million shares, of the company’s common stock. Continue reading
Toyota Motor Corporation today said it had net income of ¥1 trillion for the six-month period ending 30 September 2013. The huge increase from ¥548.2 billion in the same period the year earlier came with flat sales but TMC, the largest automaker in Japan and the world, benefited enormously from the manipulation of the yen by the Japanese government to keep it artificially weak. Continue reading
Major factors contributing to the decrease include the negative effects of marketing activities and incentives of ¥120 billion, as well as currency fluctuations of ¥200 billion, both breathtaking demonstrations of leverage effects in the automobile business. Continue reading
In theory there is no reason why Japan’s largest automaker could not expand the use of the wrong-way driving alert to the U.S. and other large markets, where Toyota is struggling with a damaged safety reputation from stuck gas pedals and unintended acceleration recalls. Continue reading
Toyota Motor Engineering & Manufacturing North America (TEMA) said it will increase production this June to about 70% of normal levels, up from 30% in May as a result of parts shortages caused by the Japan earthquake.
Models returning to 100% production in June are Avalon, Camry, Corolla, Highlander, Matrix, Sequoia, Sienna and Venza. Continue reading