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Toyota announces $1.33 billion investment in Kentucky plantToyota said Monday it is investing $1.33 billion to retool its sprawling factory in Georgetown, Kentucky, where the company's flagship Camry sedans are built.No new factory jobs are being added, but Toyota says the upgrades amount to the biggest single...
8 years ago
Toyota planning 10 purely electric vehicles by 2020sToyota plans to offer more than 10 purely electric vehicle models in its lineup by the early 2020s, marking the Japanese automaker's commitment to that growing technology sector.Toyota Motor Corp. now offers no purely electric vehicles, although it leads i...
8 years ago
Toyota's quarterly profit improves on strong salesToyota Motor Corp. reported Friday that its fiscal first quarter profit rose 11 percent as sales improved around the world, including in the U.S., Europe and Japan.Toyota's April-June profit of 613.0 billion yen ($5.6 billion), up from 552.4 billion yen...
9 years ago
Toyota see profit drop on yen, president promises changeJapanese automaker Toyota's profit fell 6.6 percent in the fiscal fourth quarter as an unfavorable exchange rate offset better sales, but its president said Wednesday that the company was merely investing in the future.Toyota Motor Corp. reported a 398.4 b...
8 years ago
Toyota tops Consumer Reports' auto reliability rankingsToyota Motor Co. is continuing its reign at the top of Consumer Reports' reliability rankings, a reward for its conservative approach to new technology.The Toyota brand came in first in this year's rankings, followed by the company's luxury Lexus brand...
9 years ago
Toyota, Nissan, others get behind fuel cell push in JapanJapan is backing a push for pollution-free vehicles that run on hydrogen and planning to build more hydrogen fueling stations so that fuel-cell vehicles on roads will grow to 40,000 by 2020, from the current handful.The collaboration on fuel cells,...
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