Toyota will recall over 100,000 SUVs and pickup trucks in the U.S. over debris in the engine potentially causing it to stall, the National Highway Traffic Safety Administration (NHTSA) said on Tuesday.
Officials from Japan's transport ministry launched an on-site investigation at Toyota Motor's headquarters on Tuesday after irregularities were found in its applications to certify certain models.
Toyota Motors (and several other Japanese automakers) suspended shipments of a few car models this month. Automakers cited bad data related to car safety that may have been used in government certification testing.
A safety test scandal at Japanese automakers widened on Monday, with Toyota Motor and Mazda both halting shipments of some vehicles after Japan's transport ministry found irregularities in applications to certify certain models.
While Toyota's (TM) fiscal 2024 performance was remarkable, the anticipated challenges in fiscal 2025 suggest that now might be an opportune time to book profits.
Three Japanese automakers just introduced a new combustion engine. The new engine can burn low or no-carbon alternative fuels.
Toyota Motor (TM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Toyota Motor Corp. (NYSE: TM), the world's largest car company, is struggling.
Toyota Motor's April global sales and production fell from a year earlier, hurt by an intense price war in China and a decline in Japan after a production stoppage of some models and a safety test scandal at its small car unit.
Proxy advisory firm Glass Lewis has recommended Toyota Motor shareholders vote against re-electing Chairman Akio Toyoda at the Japanese automaker's annual general meeting in June, saying the board was not sufficiently independent.
Toyota Motor and smaller Japanese automakers Subaru and Mazda Motor have each committed to developing new engines tailored to electrification, they said in a joint statement on Tuesday.
Toyota (TM) plans to invest $531 million in its truck manufacturing plant in Texas to improve the production of vehicle components.