Toyota
BUSINESS DAILY
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.…
BUSINESS DAILY
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…
BUSINESS DAILY
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…
BUSINESS DAILY
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…
BUSINESS DAILY
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…
BUSINESS
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…
USA
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…
AUTO INDUSTRY
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…
BUSINESS
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…
AUTO INDUSTRY
Toyota announces temporary halts at European plants
As the Japanese government downgraded its economic outlook on Wednesday, Toyota announced that parts shortages will force it to halt production at five of its European plants for…
AUTOMOBILES
Toyota pays record fine over deadly pedal fault
Toyota Motor Corp. has agreed to pay the US government a record $32.4 million (€24.7m) to settle an investigation into its handling of two mass recalls after acceleration…
AUTO INDUSTRY
Toyota makes new safety recall of 1.5 million cars
Japanese car maker Toyota's woes continue, with the world's largest auto maker on Thursday announcing that it would recall some 1.5 million cars worldwide because of a brake…
AUTO INDUSTRY