As Gas Prices Rise, Toyota's Hybrid Sales Pass 3 Million
Toyota has sold 3 million hybrid vehicles since launching the Prius in 1997.
toyota recalls
Asian Markets Slide After Chinese Interest Rate Hike
Chinese investors returning from the New Year holiday were greeted by a 25 basis point hike in interest rates. The Shanghai Composite Index lost 0.9%, in Hong Kong the Hang Seng Index fell 1.4%, and in Japan the Nikkei 225 Index declined 0.2%.
Toyota Offers California Employees Buyouts to Slim Workforce
The world's largest automaker is looking to reduce managerial staff at its sales headquarters in Torrance, Calif., by offering workers a buyout.
Beyond Recalls: A Year Later, Toyota's Woes Continue
Last year's massive recalls -- and the resulting legal fallout -- have given Toyota's reputation a beating, cutting into its sales. But the company can't blame all of its problems on the recalls. Analysts also point to another issue: A lack of compelling new models.
Court Rejects Toyota's Bid to Have Acceleration Lawsuits Thrown Out
A U.S. District Court judge will not dismiss allegations against Toyota for problems related to sudden unintended acceleration in certain car models, as the automaker had hoped.
What Recalls? Toyota Earnings Quadruple in Second Quarter
It's suffered massive recalls and a valuable yen, but Toyota is still selling strong. The company Friday reported a second-quarter profit that more than quadrupled to $1.2 billion on sales of $59.5 billion.
The 10 Biggest Brand Disasters of 2010
It's been a rough year for those in the branding business at big corporations. SEC probes, massive product recalls and one monstrous oil spill have taken a toll on the reputations -- and stock prices -- of some major companies. Here are 10 of the biggest losers so far.
Japan's Economy Exceeds Growth Expectations, but Stocks Fall Today
In Asia Monday, Japan's Nikkei 225 Index slid 0.8% to 10,013. Markets in China and Hong Kong were closed in celebration of Chinese New Year.
