US orders Prius brake probe, adding to Toyota woes

US authorities Thursday ordered a formal investigation into reported braking problems in the 2010 Toyota Prius, in a fresh expansion of safety issues plaguing the Japanese auto giant worldwide.

Toyota Q3 net profit shoots up to USD 1.68bn

Riding on the back of higher vehicle sales, Toyota Motor Corp has returned to black, posting a profit of 153.2bn yen (about USD 1.68bn).

Toyota faces US, Japan probe on Prius brakes

Toyota faced fresh doubts about braking problems in its prized Prius, with complaints ballooning to about 180 in the US and Japan.

Toyota braces for sales hit from recall, costs mount

Toyota Motor`s unprecedented recall of millions of vehicles with faulty accelerators is taking a toll on sales and may force the world`s largest automaker to cut 2010 sales forecasts.

Toyota expands massive recall by million vehicles

Toyota Motor has expanded its massive recall in the United States by more than a million vehicles to replace floor mats that could trap accelerator pedals, in a fresh blow to the Japanese manufacturer.

Toyota to double hybrid output in 2011: Report

Toyota Motor Corp aims to double its global output of gas-electric hybrid cars to 1 million units in 2011, as it fights to stay in the lead in the growing market for low-emission cars, the Nikkei business reported on Monday.

Optimism fills Detroit auto show

A revved up sense of optimism has filled the Detroit auto show as the industry looked forward to a recovery from one of its worst years on record.

Detroit auto show to open with hopes of brighter 2010

North America’s biggest annual auto show was to get underway later Monday as the beleaguered U.S. car industry hopes to gain some momentum for 2010 with an emphasis on smaller, greener vehicles.

Toyota launches hybrid car Prius

Toyota-Kirloskar Motor on Thursday launched its hybrid car Prius in India priced between Rs 26.55 lakh and Rs 27.86 lakh (ex-showroom New Delhi).

Toyota sees Etios annual sales at 70,000

Toyota Motor expects annual sales of 70,000 units of its new strategically important compact car `Etios`.

Toyota sees 7.5 mn global output in 2010

Toyota Motor Corp expects a 17 percent increase in its 2010 global production to about 7.5 million units, Japanese media reported on Saturday.

Toyota to recall 43,000 cars in China

Japan`s Toyota Motor Corp is recalling about 43,000 cars in China due to a defect that may cause engine oil to leak, a company spokesman said on Friday.

Toyota launches new Prado Diesel in India

With the launch of new Prado diesel Landcruiser in India, Toyota Kirloskar Motor (TKM) Pvt Ltd is looking at a 10 percent market share in the SUV (Sports Utility Vehicle) segment, its top official said on Wednesday.

Toyota to start selling plug-in hybrids in 2011

Toyota showed its new plug-in hybrid today, available for leasing this month in Japan, the US and Europe, and promised the green vehicle for sale to regular consumers in 2011 at an "affordable" price.

Toyota to hike prices of key models from January

Toyota Kirloskar Motor has announced its plans to hike prices of its key models -- Innova, Corolla Altis and Fortuner -- in the range of 1.5% - 2% from Jan 1.

Toyota to unveil concept compact car in India next month

Japanese carmaker Toyota Motor Corporation would unveil the concept model of its compact car for the Indian market next month.

Toyota slashes bonuses for managers by 20%

Toyota is slashing bonus pay for managers as the Japanese automaker tackles a massive recall in the US and deep losses for the second straight fiscal year.

Toyota mulls setting up engine, transmission plant in India

Japanese auto major Toyota said that it is considering to set up an engine and transmission plant in India as it looks to use more vehicle-parts made here in its cars than import them.

Honda tops again in efficiency on US roads

Japan`s Honda Motor Co Ltd has again produced the most fuel efficient and least polluting vehicles on American roads, the US government projections for 2009 showed on Friday.

Toyota plans bigger Prius with new battery: Report

Toyota is planning a larger version of its popular Prius hybrid, which will be powered by a new kind of battery, a Japanese newspaper reported Friday.