Toyota's first quarter profit rises 10%

Japanese carmaker Toyota has reported a 10% increase in profits for the first quarter of its fiscal year, helped by the weak yen and cost cuts.

Toyota posts 19% rise in full year net profits

Japan's biggest car manufacturer, Toyota, has posted a year-on-year 19% rise in net income for the 12 months to March, beating expectations.

Toyota raises full-year profit forecast

Japan's biggest car manufacturer, Toyota, has raised its full-year profit forecast by 12.4%, citing a weaker yen and cost cutting efforts.

Japanese broker makes £380bn ‘fat finger’ trade

Japan avoided the biggest of all “fat finger” meltdowns on Wednesday when an unidentified large stockbroker managed to cancel rogue trades worth more than the size of Sweden’s economy.

Nissan profits jump 10% as sales rise

Nissan has seen full-year profits jump 10%, boosted by better sales, cost-cutting and a weaker yen.

Toyota profit nearly doubles to $17.8bn

Japanese carmaker Toyota has seen its profits nearly double, boosted by the yen's weakness and cost cutting. It made a net profit of 1.82 trillion yen ($17.8bn; £10.5bn) in the year to 31 March, up from 962bn yen a year ago.

Toyota to end car production in Australia by 2017

Toyota is to end its vehicle and engine production in Australia by the end of 2017, affecting thousands of jobs. It also announced plans to possibly scale down the operations of its development and technical centre there.

Volkswagen posts 6.3% December group sales gain, 2013 record deliveries

BERLIN/FRANKFURT: Germany's Volkswagen increased group sales by 6.3 per cent in December as demand from China and North America more than offset declining deliveries in core European markets.

Volkswagen Issues Global Recall of 2.64 Million Vehicles

Volkswagen is recommending that mineral oil be used in dual-clutch gearboxes on 1.6 million cars and vans in place of synthetic oil, Michael Franke, a spokesman at the Wolfsburg, Germany-based company, said today by phone.

Toyota raises full year profit forecast

The world's biggest carmaker, Toyota, has raised its profit forecast as the yen's weakness and cost-cutting measures helped lift its earnings.

Toyota repeats US vehicle recall on suspension worries

Toyota is recalling 780,584 vehicles in the US for a second time to address a suspension defect that may not have been fixed after a recall last year.

Ford, Peugeot and Toyota lead Europe auto sales to new low

PARIS: Ford, PSA Peugeot Citroen and Toyota led European car sales to a new low in January, kicking off 2013 with an 8.5 percent decline, the Association of European carmakers said on Tuesday.

Toyota reclaims world's top vehicle maker title

Japanese carmaker Toyota has regained its slot as the world's biggest vehicle maker, capping a year of a dramatic turnaround in its fortunes.

Vince Cable convinced that Britain's car industry needs its foreign friends

Car manufacturers love a glitzy product launch, but the ceremony to welcome a new model at Toyota's Derby plant last week was modest by industry standards.

Japanese Car Sales Plummet in China

HONG KONG — Japanese automakers suffered plunging sales in China last month and have cut manufacturing by up to half in China this month after violent anti-Japanese protests in which Japanese-brand cars and even their owners were targeted.

VW cuts European sales target by 150,000 vehicles: Reports

FRANKFURT: German carmaker Volkswagen has cut its internal 2012 sales target for Western Europe by 150,000 vehicles, German weekly magazine Der Spiegel said, without citing sources.

Toyota to make hybrid car parts in China to boost sales

Toyota is planning to manufacture key components for its hybrid cars outside Japan for the first time, in a bid to boost sales.

It will start making parts at its research and development facility in China to cater for growing demand from the mainland.

China is one of the world's biggest polluters but sales of hybrid vehicles are expected to grow steadily in the coming years.

Toyota and Ford to collaborate on hybrid SUVs

Carmakers Toyota and Ford have agreed to collaborate a new hybrid system for SUVs and light trucks.

The two said they will work as equal partners under a memorandum of understanding they have signed.

They will jointly develop a rear-wheel drive powertrain to be available later this decade, which they will then each install in their own separate vehicles.

Toyota to double production in India

Toyota, the world's biggest carmaker, has said it plans to nearly double its production capacity in India by 2013.

The Japanese firm said it would invest a further 17.2bn yen ($220m; £135m) and hire new employees "to meet the rapid growth of India's automobile market".

Moody's cuts Toyota credit rating on strong yen

Car giant Toyota has had its credit rating cut by the ratings agency Moody's on worries that the strong yen and rising raw material costs will hit profitability.

Moody's cut the car maker's credit rating one notch to Aa3 from Aa2.

The ratings agency, which had put Toyota under review in April, said further cuts remained a possibility.