Toyota cuts annual production goal by 28 percent to lowest in 7 yearsMay 13th, 2009 Toyota cuts annual production goal to 7-year lowTOKYO — Toyota Motor Corp. said Wednesday it will cut vehicle production 28 percent this year to its lowest level in seven years.
Toyota board votes to end contract to build vehicles at California plantAugust 27th, 2009 Toyota plans to end production at joint ventureWASHINGTON — Toyota Motor Corp. plans to end production in March 2010 at a California joint venture where it has built vehicles with General Motors Co.
Report: Toyota's Japan output seen falling below level needed to maintain workforceApril 21st, 2009 Report: Toyota sees Japan output at 31 year lowTOKYO — Toyota Motor Corp. expects its vehicle production in Japan to fall to the lowest in more than three decades this fiscal year, and below the level needed to maintain its full-time workforce, a report said Tuesday.
Report: Toyota's Japan output seen falling below level needed to maintain workforceApril 21st, 2009 Report: Toyota's Japan output lowest in 31 yearsTOKYO — Toyota Motor Corp. expects its output in Japan this fiscal year to fall below the level needed to maintain its full-time work force for the first time in more than three decades, a report said Tuesday.
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.
Sony reports $1 billion annual loss, plans to close 3 plants; forecasts larger loss this yearMay 14th, 2009 Sony reports $1 billion annual lossTOKYO — Sony Corp. reported Thursday a 98.9 billion yen ($1 billion) loss for the fiscal year ended March, its first net loss in 14 years, and forecast its red ink to swell this year amid a serious downturn in global electronics demand.
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.
Toyota plant churns out Prius to meet hot demand _ but plans to open US factory on holdJune 5th, 2009 Toyota plant on a roll with hit PriusTOYOTA, Japan — Toyota's Tsutsumi plant was abuzz with drills and other machinery Friday, with workers brought in from other, less busy plants to crank out the new Prius to keep up with bursting demand for the hybrid car. But the Toyota Motor Corp.
More training, hiring, equipment to get San Antonio Toyota plant back to full capacityAugust 28th, 2009 Toyota adding Tacoma to San Antonio plant in 2010SAN ANTONIO — Toyota's decision to move its compact truck production here should get the San Antonio plant closer to full capacity by next summer, adding jobs and helping to offset sluggish demand for full-size models. The plant, which opened in 2006, currently produces Toyota Motor Corp.'s Tundra, but the company has had to furlough workers and cut back to one shift as demand got hammered by high gas prices and then the recession.
Sony reports $1 billion yen annual loss and forecasts larger shortfall this fiscal yearMay 14th, 2009 Sony reports $1 billion yen annual lossTOKYO — Sony Corp. reported Thursday a 98.9 billion yen ($1 billion) loss for the fiscal year ended March, its first net loss in 14 years, and forecast its red ink to swell this year amid a serious downturn in global electronics demand.
Report: Toyota, Mazda to form partnership on hybrid technologyJuly 16th, 2009 Report: Toyota, Mazda to form tie-up on hybridsTOKYO — Toyota is in talks with Mazda about providing its key hybrid technology in a tie-up, the nation's top business daily reported Thursday. Both automakers said no decision has been made.
Sony reports 98.9 billion yen loss for fiscal year amid global slumpMay 14th, 2009 Sony reports 98.9 billion yen annual lossTOKYO — Sony is reporting a 98.9 billion yen ($1 billion) loss for the fiscal year ended March, its first net loss in 14 years. The Japanese electronics and entertainment company says Thursday its global sales fell 12.9 percent for the year amid the economic downturn.
Founding family member takes over Toyota to revive businessJune 23rd, 2009 TOKYO - Akio Toyoda Tuesday was confirmed as president of Toyota Motor Corp at a shareholders' meeting in the central Japanese city of Toyota, the headquarters of the world's leading carmaker. While a record 3,364 shareholders attended the meeting, the 53-year-old member of the founding family took over at a time Toyota has been suffering its first annual losses in more than 70 years of company history.
Toyota reports worst annual loss since its 1937 founding _ and sees more red ink aheadMay 8th, 2009 Toyota sees losses deepening this yearTOKYO — Toyota Motor Corp. said it sank into a 765.8 billion yen ($7.74 billion) net loss for the January-March quarter, bringing its loss for the full fiscal year to a bigger-than-expected 436.94 billion yen — its worst annual loss ever.
Toyota board votes to quit building vehicles at industry's last West Coast auto assembly plantAugust 27th, 2009 Toyota plans to end production at Calif. plantWASHINGTON — Toyota Motor Corp.
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