Toyota global output, sales down in first half of 2009 due to slowdown, but beats GMJuly 28th, 2009 Toyota global output, sales slide in January-JuneTOKYO — Toyota's global sales fell 26 percent in the first half of this year as the recession hit auto demand, but troubles at U.S. rival General Motors saw the Japanese automaker retain its world No.
US video game sales slide 23 percent in May for third straight month of declinesJune 12th, 2009 US video game sales slide 23 pct in MayLOS ANGELES — Market researcher NPD Group says U.S. video gamers spent less on games, hardware and accessories in May compared with a year ago.
Toyota predicts net loss in current fiscalFebruary 5th, 2009 TOKYO - Toyota Motor Corp, the world's largest automaker, Friday slashed its earnings prognosis for the third time, now predicting a net loss of 350 billion yen ($3.8 billion) for the business year that ends March 31. The worldwide downturn has hit Toyota harder than expected.
Toyota's Prius hybrid top-selling car in Japan for third straight monthAugust 6th, 2009 Toyota Prius top-selling car in Japan for 3 monthsTOKYO — Toyota's hugely popular Prius hybrid ranked as Japan's top-selling car in July, clinching the spot for the third consecutive month as tax breaks boosted sales of green vehicles, an auto industry group said Thursday. The Japan Automobile Dealers Association said Toyota Motor Corp., the world's No.
Toyota projects losses because of weak sales, strong yen as auto industry reelsMay 8th, 2009 Toyota projects losses on weak sales, strong yenTOKYO — Toyota Motor Corp., the world's top automaker, reports earnings for the fiscal fourth quarter on Friday. The following is a summary of key developments and analyst opinion related to the period.
Toyota hopes small car segment will boost sales next fiscalMay 2nd, 2009 NEW DELHI - Toyota Kirloskar Motors (TKM) is not expecting huge sales growth this fiscal despite conditions improving in the last quarter, but hopes that its small car portfolio will push up sales in 2010-11. TKM, a joint venture between Japanese auto major Toyota and Indian firm Kirloskar, is planning to introduce two compact offerings by the 2010-end - a hatchback and the other a sedan, company deputy managing director (marketing) Sandeep Singh told reporters here Saturday.
Panasonic incurs first annual loss in six yearsMay 15th, 2009 TOKYO - Panasonic Corp suffered its first annual loss in six years because of shrinking demand and harsh price competition amid the global economic downturn, the company said Friday. Panasonic joined other Japanese electronics' companies in reporting a net loss for the year that ended March 31.
Toyota no longer pursuing 15 percent global market share under new presidentAugust 7th, 2009 Toyota not chasing 15 percent global market shareTOKYO — Toyota under its new president will no longer chase global market share and other numerical targets, even as it hopes to sell more cars in emerging markets, a company executive said Friday. Under previous presidents, Toyota Motor Corp.
Toyota racks up 180,000 Japan orders for new Prius hybrid despite hard timesJune 19th, 2009 Toyota gets 180,000 orders for new Prius hybridTOKYO — Toyota Motor Corp. got 180,000 orders for the new Prius hybrid in Japan in just a month, far surpassing its target of 10,000 vehicles in monthly sales, the automaker said Friday.
Squeezed by recession, video game sales drop for fourth straight month in JuneJuly 17th, 2009 June video game sales drop sharplyNEW YORK — Squeezed by the economic downturn, U.S. retail sales of video games dropped sharply in June.
Toyota reports larger-than-expected annual loss, forecasts even bigger losses this yearMay 8th, 2009 Toyota sees losses growing this yearTOKYO — Toyota is reporting a 436.94 billion yen ($4.41 billion) net loss for the fiscal year through March, a larger loss than it had forecast and its worst result in company history. Worse may be yet to come.
Canon profits plunge 86 percent in April-June quarter from year earlierJuly 28th, 2009 Canon profits plunge 86 percent in 2QTOKYO — Canon Inc. said second quarter profit sank 86 percent as the global economic malaise weighed on sales of its copy machines, printers and digital cameras while a stronger yen took a bite out of overseas earnings.
Sony's net profit down 94.8 percent in October-December periodJanuary 28th, 2009 TOKYO - Sony Corp Thursday reported its net profit plunged 94.8 percent in the October-to-December quarter to 10.4 billion yen ($116.37 million) because of a strong yen and dwindling demand for electronics. The earnings compared with a 200.2 billion yen net profit from the same quarter a year earlier.
Samsung says 2nd-quarter net profit rose 5.2 percent over last year's, sales riseJuly 24th, 2009 Samsung says quarter-2 net profit rose 5.2 percentSEOUL, South Korea — Samsung Electronics says second-quarter net profit rose 5.2 percent from the same period last year as sales rose. Samsung Electronics Co.
Toyota reports $819 million quarterly loss on plunging sales, strong yenAugust 4th, 2009 Toyota reports $819 million quarterly lossTOKYO — Booming sales of the Prius hybrid helped the world's No. 1 automaker Toyota deliver a smaller-than-expected 77.82 billion yen ($819 million) quarterly loss and narrow its forecast of red ink for the full year.