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Toyota Motors to pay US $1.2 billion over safety issues

Last Updated: Wednesday, March 19, 2014, 19:45

Toyota Motor Corp will pay a record USD 1.2 billion to resolve a criminal investigation into its handling of consumer complaints over safety issues, the US Justice Department said on Wednesday.

Toyota mulls launching more small cars, compact SUVs in India

Last Updated: Thursday, May 23, 2013, 10:57

Global car giant Toyota Motor Corporation will consider launching more small cars and entering fast growing segments like compact SUVs in order to achieve market leadership in India.

Toyota pays $17.35 million in fines for delaying recall

Last Updated: Wednesday, December 19, 2012, 12:34

Toyota Motor Corporation has agreed to pay USD 17.35 million in fines for its delayed recall of 154,000 Lexus SUVs over pedal entrapment issues, promising it will make significant changes in responding to safety issues, a media report said Tuesday.

Toyota eyes new auto plant in China's Tianjin

Last Updated: Tuesday, June 19, 2012, 13:59

Toyota Motor Corporation is considering to build a new plant in China's Tianjin, to catch up with rivals from US, Europe and South Korea in the world's largest auto market, company officials said on Tuesday.