Toyota
Toyota to boost US investments as Trump meets with Big Three carmakers
Japanese carmaker Toyota says it will invest $600 million in its plant in Indiana, an announcement that comes as the US president met with US auto bosses. We also bring you the…
Trump threatens Toyota with 'big border tax' for cars made in Mexico
US President-elect Donald Trump on Thursday threatened Toyota with import taxes for building cars in Mexico, making the Japanese automaker the latest company to face the incoming…
US officials want to know why Islamists love Toyotas
US authorities have been in talks with Toyota to find out how and why Islamist militant groups across the Middle East are using fleets of brand new vehicles made by the Japanese…
Petrobras corruption scandal 'could change Brazil forever'
The Brazilian oil giant Petrobras says it will improve its "internal policing" after being hit by a corruption scandal that's wiped billions off the value of the firm.…
Barclays to cut 19,000 jobs by 2016
Europe’s fifth-largest bank Barclays has announced that it will cut 19,000 jobs over the next three years. 7,000 of the jobs will go in the British lender’s investment banking…
Saab’s $3.2bn Swiss jet deal hangs in the balance
Swedish auto and aerospace group Saab is hopeful that a $3.2bn deal to buy 22 of its Gripen planes will be approved by Swiss voters. A poll published on Sunday – ahead of a vote…
Amazon loses New York sales tax appeal
Online retailers like Amazon will have to continue paying sales tax in New York after their Supreme Court appeal was rejected. Amazon will be cheered, however, by record sales on…
Protests in Brittany over taxes and job cuts
Protestors wearing red caps have been out in force in the north-western French region of Brittany. They’re demanding the complete scrapping of a tax on heavy vehicles using roads…
Japanese carmakers recall 3.4 million vehicles over faulty airbag
Four Japanese carmakers, including Toyota Motor Corp and Nissan Motor Co, will recall 3.4 million vehicles sold worldwide over a defective airbag manufactured by auto parts…
Toyota to pay $1 billion over US recalls
Japanese carmaker Toyota has agreed to settle for more than $1 billion in a class action lawsuit launched by car owners in the US who were affected by a series of mass recalls…
Japanese car sales nosedive in China over island row
Sales of Japanese-made cars took a nosedive in China in September, with Toyota reporting a 48.9% and Honda a 40.5% drop in demand after a dispute over the ownership of an island…
Toyota quadruples first quarter profits after ghastly year
In a sign of strong recovery, Toyota has announced a $1.5 billion profit for the first quarter of 2012, more than quadruple those of the same quarter in 2011, which was a…