Ferrari ready to supply engi00004000nes to Honda Jan 7, 2009
Ferrari prepared to provide Honda team with engines - News - News - The Times of India Racing: Latest F1 and other motor racing events, news and updates. Ferrari prepared to provide Honda team with engines07 Jan, 2009 01:57 am IST,REUTERS. (India Times, India)
'Mitsubishi eyeing 900 more job cuts' Jan 7, 2009
Toyota Motor Corp, Honda Motor and Nissan Motor, along with smaller rivals, have all decided to trim their workforce and lower production. Text. (India Times, India)
Bitter-sweet Commodore Jan 6, 2009
Holden s locally built large car achieved only 51,093 sales in 2008 according to official industry figures (VFACTS) released today, a bitter-sweet result as this was sufficient to pip the country s next most popular car, the Toyota Corolla ... Toyota s small car and Holden s large car have been engaged in a year-long battle to become the nation s favourite vehicle. (Sydney Morning Herald -- Entertainment)
Auto sales plummet across the board Jan 6, 2009
Toyota, Honda, and Nissan all had US sales declines of 30-plus percent in December. For Toyota and Honda, the drops in full-year US sales were the first since 1995 and 1993, respectively ... The drop in full-year US sales for Toyota and Honda were the first for the Japanese automakers since 1995 and 1993, respectively. (Boston Globe)
Toyota shuts plants for 11 days Jan 6, 2009
Toyota sales fell 37% in the US in December and 18% in Japan. Toyota is to halt production at all 12 of its Japanese factories for 11 days in February and March as it tries to reduce its stock of unsold cars ... Toyota's sales in the US fell 37% in December, which was a worse decline than either General Motors or Ford. (BBC News)
Subaru sales not as bad as major automakers Jan 6, 2009
Meanwhile, December sales at Toyota Motor Corp. were down 37 percent, Honda Motor Co. was down 35 percent, Ford Motor Co. fell by 32 percent, and GM was off 31 percent ... For the year, GM was down 23 percent, Ford was down 21 percent, Toyota was off 15 percent and Honda was down 8 percent. (Philadelphia Business Journal, PA)
Asia markets up; U.S. stocks lower Jan 6, 2009
Toyota reports sales fell 37 percent ... Toyota reported that sales fell 37 percent in the month, while Chrysler reported sales fell 53 percent. (CNN -- International)
Toyota extends shutdown of plants in Japan Jan 6, 2009
Toyota extends plant shutdown - CNN.com ... Toyota extends plant shutdown ... Toyota tries to keep output, production "in line with demand," spokesman says. (CNN -- International)
Hyundai Genesis Outscores Competitors, Becomes Consumer Reports' Top-Rated 'Upscale Sedan' Jan 6, 2009
The eight other vehicles in the Upscale Sedans category including the ES 350, Toyota Avalon, Buick Lucerne and Saab 9-5, were all tested previously ... The issue also contains a report on the conversion of a hybrid Toyota Prius to a plug-in hybrid. (PR Newswire)
Steep sales drop for US carmakers Jan 6, 2009
Toyota and Honda's US sales fell more than their US competitors' in December. Toyota recorded a 37% decline and Honda a drop of 35. (BBC News -- Americas)
Tech Stocks Seize Day Across Asia Jan 6, 2009
Toyota Motor (nyse: - - ), which said it will suspend production at its Japanese plants for 11 days in February and March, edged up 20 yen (21 cents), or 0 ... Toyota and Honda saw December sales in the U.S. plunge 37% and 35%, respectively, steeper drops than General Motors and Ford Motor recorded, but investors still bought their stocks. (Forbes)
Automaker Sales Continue Dismal Slide Jan 6, 2009
Chrysler Sales Drop 53% In December; Ford, Toyota, Honda Not Much Better Amid U.S. Economic Angst ... Chrysler said Monday its December sales dropped 53 percent because of the recession and fewer fleet sales, while Toyota Motor Corp. reported a 37 percent slide and Honda Motor Co. said its sales tumbled 35 percent ... Sales of Toyota's hybrid Prius fell 45 percent in December. (CBS News)
Did I just buy an SUV? (214) Jan 6, 2009
You can get a fairly quiet safe ride in a Toyota Matrix / Pontiac Vibe, along with 27mpg. -- sunspot [] Sunday, January 4, 2009 06:54 PM. (Salon)
Slimmer but still some shimmer Jan 6, 2009
Toyota Motor Corp. has eclipsed its previous record for annual. . (The Gazette (Montreal))
FOXBusiness: Ford Sales Drop 32 Percent in December Jan 6, 2009
Ford, Toyota, GM Sales Plunge More Than 30% on Month - FOXBusiness ... Ford, Toyota, GM Sales Plunge More Than 30% on Month ... At Toyota Motor (TM), results were even worse. (Fox News)
FORD auto sales drop 32%... Jan 6, 2009
company will trail Toyota Motor Corp. and remain the No. 3 U.S. auto seller for the second straight year. Toyota and other automakers report December and full-year sales later Monday. (The Drudge Report)
TOYOTA: -37%... Jan 6, 2009
Toyota's US sales down 37 percent in Dec, 16 percent in 2008 ... Toyota's US sales down 37 percent in Dec, 16 percent in 2008 ... Toyota Motor reported Monday a 37 percent drop in US sales in December, which helped drag 2008 sales down 16 percent to 2. (The Drudge Report)
Chrysler Leads in Dramatic Auto Sales Declines Jan 6, 2009
Even Toyota Motor Corp. and Honda Motor Co., which earlier in the year had seen increases, saw declines in December that were larger than their U.S.-based competitors. Toyota was down 37 percent and Honda 35 percent, compared with Ford Motor Co.'s 32 percent drop and GM's 31 percent slide. (ABC News -- Business)
Toyota to Halt Output for 11 Days as Sales Slump Jan 6, 2009
TOKYO (Reuters) - Toyota Motor Corp , the world's biggest automaker, is to halt production at all its Japanese plants for a total of 11 days in February and March in a bid to reduce stocks of unsold cars as demand has slumped. Toyota's sales in the United States, its biggest market, dropped 37 percent last month, it's weakest performance in more than a quarter of a century and worse than struggling U.S. rivals General Motors and Ford Motor ... Toyota had already announced a three-day production... (ABC News -- Wire)
Car Sales Plunge Heralding Bleak 2009 Jan 6, 2009
DETROIT (Reuters) - U.S. auto sales plunged by 36 percent in December led by outsized declines at Chrysler LLC, Hyundai Motor and Toyota Motor Corp as the battered industry closed out its weakest year since 1992 in its largest single market ... Meanwhile, Toyota, the global industry leader, posted a sales drop of 37 percent for the month, its worst U.S. sales decline since at least 1980. (ABC News -- Wire)
Automakers have another bad month Jan 6, 2009
Even Toyota Motor Corp. and Honda Motor Co., which earlier in the year had seen increases, saw declines in December that were larger than their U.S.-based competitors. Toyota was down 37 percent and Honda 35 percent, compared with Ford Motor Co.s 32 percent drop and GMs 31 percent slide ... Fords sales for 2008 fell 21 percent from a year earlier, keeping the Dearborn automaker in third place in the U.S. auto sales race behind GM and Toyota for the second straight year. (MSNBC -- Business)
Hyundai Releases New VI Equus Design Sketches. Would it Work ... Jan 6, 2009
It's like Lexus/Toyota, Acura/Honda, Lincoln/Ford, Cadillac/Chevrolet, Infiniti/Nissan, Chrysler/Dodge, Audi/Volkswagen, etc ... is to do what Toyota did: make a luxury marque ... This is what led Toyota to make Lexus, to establish a luxury marque instead of just adding fancy luxury cars into a middle priced lineup (correct me if Im wrong). (MotorTrend Magazine)
Toyota suspends production for 11 days Jan 6, 2009
Toyota Motor Corporation said on Tuesday that it would suspend production at all of its domestic plants for 11 days between February and March in response to a slump in sales ... "We will suspend the operation of 12 Toyota factories in Japan for 11 more days," a Toyota spokesman said ... Toyota, which vies with troubled US firm General Motors for the crown of the world's largest automaker, has already moved to reduce production at its domestic, US, Canadian and French factories. (Sydney Morning Herald -- Business)
Car sales slide in 2008 Jan 6, 2009
"The last time sales were as low as they were in 2008 was in 1992, when there were 19 million fewer households in the country than there are today,'' Sophia Koropeckyj of Moody's Economy.com said. Seasonally adjusted, year-on-year auto sales dropped 31% for Holden owner GM, 32% for Ford and 53% for Chrysler. Beleaguered US car makers have in recent weeks sought multi-billion dollar bail-outs from the US Congress. Toyota leads the pack Locally, Toyota took the top sales position in December, and... (Sydney Morning Herald -- Business)
Japanese Automakers Stall Jan 6, 2009
Toyota, Nissan and Honda report big sales drops for November as they rein in production amid the global downturn ... Toyota's global vehicle sales fell 21 ... In November, credit-rating agency Fitch Ratings cut its rating on Toyota to AA, from AAA, due to the negative developments in the industry. (Forbes)
Car-free? In Japan, that's how a generation rolls Jan 6, 2009
"Young people's interest is shifting from cars to communication tools like personal computers, mobile phones and services," said Yoichiro Ichimaru, who oversees domestic sales at Toyota ... Toyota, the nation's biggest car maker, has hosted test-drive events, taken part in fashion shows and even developed its own suburban shopping mall that houses a dealership to reach out to buyers. (OregonLive, OR -- Business)
Toyota Hits The Brakes Jan 6, 2009
After the release of dismal December U.S. auto sales figures, Toyota Motor said it will idle its factories in Japan for 11 days in February and March ... Toyota (nyse: - - ) previously said it would suspend production at those factories for three days in January ... Toyota's full-year forecast projects output will fall 3. (Forbes -- Markets)
Automakers fear new normal of lower sales in U.S. Jan 6, 2009
Foreign automakers hardly fared better, with sales plunging 37 percent at Toyota, 36 percent at BMW and 35 percent at Honda. For the year, industrywide sales declined by 18 percent the worst year-to-year drop-off since the early 1970s. (International Herald Tribune)
Toyota to shut plants Jan 6, 2009
Toyota Motor Corp will shut all its factories in Japan for 11 days to combat a global slowdown that is not only hitting company profits but could, a report says, unleash a wave of social unrest in China ... The fall was led by a sales drop of 53 percent at Chrysler LLC, 48 percent at Hyundai Motor and 37 percent at Toyota. (International Herald Tribune)
Chrysler U.S. sales plunge 53 per cent Jan 6, 2009
Chrysler said Monday its December sales dropped 53 per cent because of the recession and fewer fleet sales, while Toyota Motor Corp. reported a 37 per cent slide and Honda Motor Co. said its sales tumbled 35 per cent. ... Ford's sales for 2008 fell 21 per cent from a year earlier, keeping the auto maker in third place in the U.S. auto sales race, falling behind Toyota for the second straight year ... Toyota's 2008 sales fell 16 per cent to 2. (Globe and Mail)
Canadian auto sales skid 21 per cent Jan 6, 2009
Massive declines at Honda Canada Inc. and Toyota Canada Inc. helped push December sales to their lowest level since 1996, the overall total for 2008 to a year-over-year decline and the Canadian market into territory the United States has been experiencing for six months ... Honda's sales plummeted 41 per cent in December and Toyota's 35 per cent. Even with the declines, however, both auto makers reported record annual sales and Toyota jumped into the No. 2 spot in Canada for the first time on an... (Globe and Mail)
Post-Katrina, New Orleans coming back more Hispanic Jan 6, 2009
A Toyota Sequoia with Florida plates pulls up, and he runs over to investigate. Katrina and beyond. (Yahoo News -- Latinos & Hispanics)
Car industry posts its second best year Jan 6, 2009
There was little sign of that in December with US sales crashing - Chrysler reporting a 53 per cent fall, and Ford, GM and Toyota suffered drops between 30 and 37 per cent.. Toyota was Australia's best-selling brand in 2008 with 238,983 vehicles followed by Holden with 130,338 and Ford on 104,715 ... Toyota's senior executive director of sales and marketing David Buttner said the company's record result stemmed from its strong commitment to the domestic market. (Ninemsn)
Letters to the Editor (Jan. 4) Jan 6, 2009
Governor: How close are you to Toyota, Hundai, and Honda. Huh. (Albany Democrat-Herald, OR)
Cruise ship: We test the Mazda6 2.0 Active Jan 6, 2009
Contact: McCarthy Toyota Kingsmead 031 335 1600 ... This latest Mazda6 is also easily the best looking car in the non-premium sedan segment, although with rivals like the Toyota Avensis, VW Passat and Honda Accord to contend with, Mazda's stylists did not have too hard a task ... 0-litre engine in a body this big, you get the kind of performance you'd expect from a Toyota Corolla 1. (iAfrica.com)
Canada's Automobile Sales Declined 21% in December, Led by Honda, Toyota Jan 6, 2009
Jan. 5 (Bloomberg) -- Auto sales in Canada fell 21 percent in December as Honda Motor Co. and Toyota Motor Corp. reported declines of at least 35 percent ... The decline was 41 percent for Honda and 35 percent for Toyota, he said. (Bloomberg -- Canada)
Jessica book sales fall short Jan 6, 2009
Money & Business - NY Daily News. has our city covered from Co-op City to Coney Island. (Yahoo News -- Jessica Lynch)
Dire European data shows severe recession Jan 6, 2009
LONDON Dire economic data underlined the severity of recession in Europe on Tuesday, while Toyota Motor Corp. said it would halt output in Japan in response to falling demand. With the global downturn hitting automakers particularly hard, Toyota, the world's biggest, said it would shut all its factories in Japan for 11 days in February and March ... Toyota, which saw its worst U.S. monthly sales decline since at least 1980, said it would suspend operations at 12 vehicle and parts plants in Japan... (Globe and Mail -- Business)
Gold slips 2 per cent Jan 6, 2009
Toyota said on Tuesday it would shut all its factories in Japan for 11 days to combat a fall in demand. The global industry leader posted a 37 per cent sales drop in December. (Globe and Mail -- Business)
Shares skyrocket as Porsche takes over Volkswagen Jan 6, 2009
VW said in August that it had overtaken Ford to become the world's third biggest automaker behind General Motors and Toyota. Porsche is now obliged by Swedish law to make an offer for outstanding shares in truckmaker Scania, in which VW is the dominant shareholder. (Sydney Morning Herald -- World)
Soprano family values Jan 6, 2009
Latest News, Sports, Entertainment, Politics, Opinions and Gossip - NY Daily News. has our city covered from Co-op City to Coney Island. (Yahoo News -- The Sopranos)
Lighthouse Outreach Center plans major fund raiser (2) Jan 6, 2009
Major auction items include a car and other large items from Doenges Ford, Lincoln, Mercury and Toyota, and a grandfather clock from Harley's Grandfather Clocks of Tulsa. Free sandwiches and drinks will be provided courtesy of Dink's Pit Bar-B-Que, Murphy's Steak House, Rib Crib and Hillcrest Country Club. (Bartlesville Examiner-Enterprise, OK)
Invasion USA Jan 6, 2009
As Paul Craig Roberts, who once was the assistant secretary of treasury under President Ronald Reagan and associate editor of The Wall Street Journal, wrote seven years ago: "Very little of the foreign money flowing into the United States is for the purpose of building Toyota and BMW plants. Eighty percent to 85 percent of direct investment by foreigners in the U.S. economy goes into mergers and acquisitions. In 2000, 97 percent of direct investment by foreigners went for the purchase of... (Townhall.com)
Barbour praises Toyota pledges to Mississippi. Jan 6, 2009
Barbour praises Toyota pledges ... JACKSON - While Toyota has suspended indefinitely the opening of a $1 ... Toyota will pay the interest on state and local bonds issued on its behalf and make its first annual payment of $5 million for education in 2010, Barbour said Monday. (Northeast Mississippi Daily Journal)
U.S. stock markets slip as automakers report sales Jan 6, 2009
GM said its sales dropped 31 percent in December from Toyota and Honda reported that their sales in the United States fell by more than 30 percent ... Video World No.1 Toyota, hit by slumping global car sales, will halt output at all Japanese plants for 11 days in Fe. (International Herald Tribune -- Business)
Datuk Kabi faces four more cheating charges Jan 6, 2009
At the second court, Kamaleshwaran was charged with cheating Abdul Razak Hamid, 49, of a Toyota Harrier by inducing him into believing that an AmBank cheque for RM135,000 as purported payment was genuine. He denied committing the offence at a unit in Sunnyville on July 29, 2004. (The Star Online, Malaysia -- News)
Hard to Believe 2009 Will Be Crazier Than 2008: William Pesek Jan 6, 2009
bought General Motors Corp., Ford Motor Co. and Chrysler LLC. Rather than produce cars that nobody wants, Toyota turned Detroit into a Disney-like theme park with rides including Losers Canyon, Gas Guzzlers Mountain and Its a Bankrupt World After All. Michigan state officials rushed to Japan to protest the plan. (Bloomberg -- Columnists)
Car sales hit a brick wall at year's end Jan 6, 2009
Toyota Motor Corp. reported a 37 percent slide, Honda Motor Co. said its sales tumbled 35 percent and Nissan Motor Co. posted a 31 percent decline. On a yearly basis, Ford's sales for 2008 fell 21 percent from a year earlier, while Toyota's 2008 sales fell by 16 percent to 2. (Pittsburgh Post-Gazette, PA)
Toyota will make payments to Mississippi Jan 6, 2009
Production on Toyota s hybrid Prius was to begin in 2010 but the company said it will delay installing equipment and machinery indefinitely due to a slowdown in consumer demand. Construction on the $1. (Memphis Business Journal, TN)
Stocks Set for a Bounce Ahead of the Bell Jan 6, 2009
Toyota () plans to shutter all 12 of its production facilities in Japan for 11 days in February and March in an effort to cut costs in a weak sales environment, the Associated Press. The involuntary vacations were annonced a day after Toyota released its , which showed a sharp decline in sales. (SmartMoney)
Letters to the Editor (Jan. 4) Jan 6, 2009
Governor: How close are you to Toyota, Hundai, and Honda. Huh. (Corvallis Gazette Times, OR)
2008 auto sales drop by 3 million Jan 6, 2009
MORE ON FORD: MORE ON GM: MORE ON HONDA: MORE ON TOYOTA ... 7% drop in December sales, Toyota joined the call for government aid to get consumers back where retailers need them: shopping ... "Our New Year's resolution is to shift the focus back to where it belongs, to the consumer," said Jim Lentz, president of Toyota's North American sales. (USA Today -- Autos)
Automakers' U.S. Sales Tumbled In Dec.; Chrysler Hit Hardest, With 53% Plunge Jan 6, 2009
Toyota's () sales plunged 37% from December 2007 to 141,949 vehicles, Honda's () 35% to 86,085 and Nissan's () 31% to 62,102. Worries about rising unemployment, a deepening recession and the credit crunch have led consumers to put the brakes on auto purchases, driving Chrysler and GM to the brink of bankruptcy and likely sending Toyota to its first operating loss in 71 years ... 95 million, but that was enough to keep it ahead of Toyota in the race for No. 1 in the world's largest auto market. (Investors Business Daily)
> A look back at 2008's top stories in emerging technology Jan 6, 2009
When completed, Tesla s plant will become the second-largest automotive facility in California, dwarfed only by Toyota s NUMMI plant in Fremont, less than 5 miles north. A few weeks later, the company put off development of some of its products and cut jobs in Detroit. (San Jose Business Journal, CA)
Toyota factories face days of clo... Jan 6, 2009
Toyota factories face days of closure - Times Online ... Toyota factories face days of closure ... Toyota, the Japanese car giant, has been forced into suspending production at a number of factories in the face of chilling economic data, the strong yen and rapidly collapsing global car markets. (New York Post -- Business)
Fitch may cut Toyota rating on industry slump Jan 6, 2009
Toyota Motor Corporation, the car maker with the best credit, may have its AAA rating cut by Fitch Ratings - the first such downgrade in 10 years - as the auto industry faces "unprecedented challenges" ... Toyota cut its profit forecast 56 percent earlier this month after fuel costs and the credit crunch pushed industrywide US sales last month to the lowest level since 1983 ... Standard s has rated Toyota AAA since 1985. (Business Report, South Africa)
Toyota Suspending Production for 11 Days in Japan Jan 6, 2009
TOKYO -- Toyota Motor Corp. said Tuesday it will suspend production at all of its Japanese plants for a total of 11 days in February and March because of faltering global demand ... Toyota will stop output for six days in February and five days in March ... "We are coping with a slump in global sales," said Toyota spokesman Hideaki Homma. (Newsmax)
Porsche takes over Volkswagen with more than 50 pct of shares: statement Jan 6, 2009
VW said in August that it had overtaken Ford to become the world's third biggest automaker behind General Motors and Toyota. Porsche's takeover sees a family-controlled company that makes 100,000 expensive sportscars a year take control of a national institution that churns out five million vehicles annually. (Yahoo! Asia News)
Toyota to Halt Production at 12 Domestic Plants for 11 Days as Sales Slump Jan 6, 2009
Toyota to Halt Japan Output for 11 Days as Sales Drop (Update3) ... Jan. 6 (Bloomberg) -- Toyota Motor Corp., Japan's largest automaker, will suspend some domestic production for 11 days in February and March, as the global recession saps car demand ... The cut may reduce Toyota's production by about 200,000 units, according to , an analyst at Credit Suisse Securities (Japan) Ltd.. (Bloomberg -- Japan)
GM's 2008 U.S. Sales Drop to 49-Year Low; Ford, Honda December Sales Fall Jan 6, 2009
GM, which probably lost its global sales crown in 2008 to Toyota, retained the top spot among automakers in the U.S., followed by Toyota, Ford, Chrysler, Honda and Nissan ... The Tundra full-size pickup dropped 52 percent, while Toyotas Lexus luxury brand finished the month down 32 percent ... No. 2 in Japan behind Toyota, said U.S. sales slid 35 percent. (Bloomberg -- Japan)
The new cars of 2009 Jan 5, 2009
There s also a fascinating battle looming in the world of dedicated hybrids as Honda takes on the new, third-generation Toyota Prius (due in June) with a second-generation Insight (November). There s no shortage of other notable newcomers. (Sydney Morning Herald -- Entertainment)
First Drive: 2010 Ford Fusion Hybrid Jan 5, 2009
Ford has targeted the Toyota Camry Hybrid, and so judging by that models 2009 pricing, I expect that the Fusion Hybrid will be somewhere around the $30,000 mark when it gets to our dealers. Its a full hybrid, meaning that it can run on its battery alone, both when cruising and from a full stop, and according to the company, it can do so at speeds of up to 75 km/h. (CanadianDriver)
Gordon says developing COT was smart move Jan 5, 2009
Other than minor cosmetic differences, there is little -- other than the nameplate and the engine -- to differentiate the models that compete in Cup racing (Chevrolet Monte Carlo, Ford Fusion, Dodge Charger and Toyota Camry) from one another. In building a safer car and removing any competitive advantage that might be derived from distinctive design elements of one particular brand -- a logical extension of the move to common templates in 2003 -- NASCAR out of necessity sacrificed some of the... (MSNBC -- Sports)
Cadillac unveils new SRX before Detroit show Jan 5, 2009
But Toyota Motor Corp.'s Lexus division sold five times as many RXs. The 2010 SRX is expected to be in showrooms in mid-2009. (MSNBC -- Business)
Japan to build zero-emission car Jan 5, 2009
Toyota Motor Corp., which has already won strong interest in its petrol-electric hybrids, is developing a range of fuel cell, electric and other clean cars that run on biofuel or clean diesel ... "You need to have hydrogen stations," said Toyota engineer Kazuyoshi Tasaka. (India Times)
