Toyota

Toyota’s Share Holders Approve Sale of Controversial Shares

Toyota’s Share Holders Approve Sale of Controversial SharesOn Tuesday, the shareholders of Toyota Motor approved the sale of a set of controversial shares which will attract more long-term investors.

However, some foreign funds opposed this move as these new class shares were only available readily in Japan.

Toyota to introduce new series of fuel-efficient engines

Toyota to introduce new series of fuel-efficient enginesIn a Thursday statement, Japan-based bigwig automaker Toyota Motor Corp said that it has plans underway to introduce a new series of engines which will increase the fuel efficiency of the vehicles by at least 10 percent.

Toyota announces massive recall of nearly 6.4 million vehicles worldwide

ToyotaIn a Wednesday announcement, Japanese automaker Toyota said that it is recalling nearly 6.4 million vehicles all across the world because of five different defects detected. The massive recall announced by Toyota is the second-biggest recall of vehicles ever.

Toyota agrees to $1.2 billion penalty to settle criminal probe into ‘sudden unintended acceleration’ problem

ToyotaBigwig automaker Toyota Motor has agreed to pay a whopping amount of $1.2 billion as a settlement to the US Department of Justice, and also fully admit wrongdoing in a 4-year old case involving the problem of 'sudden unintended acceleration' in several best-selling Camry models.

Toyota redesigning 2015 Camry to give it a “more emotional, more impactful design”

Toyota redesigning 2015 Camry to give it a “more emotional, more impactful design”According to Automotive News, the 2015 model of Toyota Camry is being redesigned by the automaker. The look which the redesigned Camry will embody will underscore a "waku-doki" design. "Waku-doki" is a shorthand Japanese term used to describe heart-racing qualities.

Toyota informs US NHTSA of fire retardation problem in several vehicles

Toyota informs US NHTSA of fire retardation problem in several vehiclesToyota Motor Corp said in a Thursday statement that it has notified the US National Highway Traffic Safety Administration (NHTSA) about a fire retardation problem affecting a number of its vehicles, including its best-seller Camry sedan.

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