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It is understood the plant in a yet-to-be-determined US location is expected to build Toyota Corolla cars and a Mazda crossover utility vehicle

Toyota set to build $1.6 bn US plant with rival Mazda

Toyota and rival Mazda are expected to announce plans to build a $1.6 billion US assembly plant as part of a new joint venture.

Business • 04 Aug 17

New car registrations in the European Union and European Free Trade Association rose to 1.43 million in May

European car sales rise 7.7% in May

European car sales rose 7.7% in May from the same month a year ago, industry data showed today, returning to growth after a dip in April and with nearly all auto manufacturers recording sales increases.

Business • 16 Jun 17

Toyota today unexpectedly warns of more declines as a stronger yen takes a bite out of its bottom line

Toyota reports first fall in annual profit in 5 years

Toyota said today that its annual net profit fell for the first time in five years.

Business • 10 May 17

Toyota still expects its full-year profit to tumble from last year's record 2.31 trillion yen

Toyota ups full-year profit outlook on weaker yen

Toyota has raised its full-year profit forecast by 9.7% as the world's second biggest car maker expects a bigger reprieve from a weakening yen while cost-cutting efforts also help.

Business • 06 Feb 17

Toyota sold 10.18 million cars last year, less than Volkswagen's 10.3 million

Toyota loses top global sales spot to Volkswagen

Toyota's four-year run as the world's top-selling car maker has ended as the Japanese company said today its global sales for 2016 fell short of Volkswagen.

Business • 30 Jan 17

Toyota President Akio Toyoda said in Japan yesterday that the company has no immediate plans to curb production in Mexico

Trump hits Toyota in latest attack on car firms

US President-elect Donald Trump has targeted Toyota, threatening to impose a hefty fee on the world's largest car maker if it builds its Corolla cars for the US market at a plant in Mexico.

Business • 06 Jan 17

Toyota was the top-selling manufacturer of 2016, ahead of Hyundai, Volkswagen, and Ford

2016 car sales rise 17.5%, Toyota top make - SIMI

New car registrations increased by 17.5% last year when compared with 2015, while Toyota was the most popular manufacturer during 2016.

Business • 03 Jan 17

Bank of Japan Governor Haruhiko Kuroda has maintained his upbeat view of the economy

Bank of Japan keeps upbeat economic view

The Bank of Japan maintained its optimistic economic view on most of the country's nine regions in a new quarterly report.

Business • 17 Oct 16

Toyota said it was not aware of any injuries or deaths related to the recall

Toyota recalling 1.43 million hybrids worldwide

Toyota Motor Corp has said it is recalling 1.43 million hybrid Prius and Lexus CT200h cars worldwide because of a possible airbag inflator defect.

News • 29 Jun 16

Toyota said profit for the year ending in March 2017 will fall to 1.5 trillion yen from 2.31 trillion yen in the prior year

Toyota forecasts end to run of record profits

Toyota has forecast a bigger than expected 35% tumble in net profit for the current year due to the sharp appreciation of the yen.

Business • 11 May 16

Toyota has been using the tagline as part of its branding in the Irish market for 20 years

Toyota told to scrap ‘best built cars' slogan

Toyota Ireland can no longer use the term 'best built cars in the world' in its brand proposition, after a ruling by the Advertising Standards Authority for Ireland.

Business • 20 Apr 16

Two deadly earthquakes have brought factories in southern Japan to a grinding halt

Japanese stocks fall on quake closures

Tokyo stocks slumped today after deadly earthquakes brought factories in southern Japan to a grinding halt, while energy shares took a hit after weekend talks to freeze crude output failed.

Business • 18 Apr 16

Earthquake shuts the factories of some of the Japan's biggest firms

Tokyo stocks fall after powerful quake

Tokyo stocks slipped today, breaking a three-session winning streak as investors weighed the impact of a deadly quake that hit Japan's southwest, shutting the factories of some of the country's biggest firms.

Business • 15 Apr 16

VW has been making slow progress in finding out who had knowledge of the rigging of diesel emissions tests

VW sets November deadline for whistleblowers

Volkswagen has set a deadline at the end of November for its whistleblower programme designed to encourage workers to disclose information about the car maker's two emissions scandals.

Business • 13 Nov 15

Toyota said its net profit surged to 1.258 trillion yen in the six months to September

Toyota's six-month net profit jumps 11%

Toyota said today that its half-year net profit jumped 11.6% as it moves to cut costs and squeeze more productivity out of its plants, as unit sales in most regions declined.

Business • 05 Nov 15

Regulators have linked six deaths worldwide to defective Takata airbags

34 million cars in US recalled over airbag fault

Japanese airbag manufacturer Takata Corp is recalling 34 million vehicles in the United States that it believes may be affected by potentially deadly airbags.

News • 20 May 15

The recall involves some of the world's biggest car makers including Toyota

Thousands of Toyota and Nissan cars recalled

Up to 100,000 cars being driven in Ireland may be affected by a safety recall prompted by potentially faulty airbags.

News • 13 May 15

Toyota's revenues rose 6% to 27.23 trillion yen in the year to the end of March

Toyota's annual profit accelerates to $18 billion

Toyota said its annual profit accelerated 19% to a record $18.1 billion as the world's biggest car maker capitalised on a weak yen and strong demand in the North American market.

Business • 08 May 15

Toyota booked a 1.13 trillion yen net profit for the six months to September

Toyota boosts full year profit forecast by 12.4%

Toyota today boosted its full-year profit forecast by 12.4% while also lifting its revenue estimate, citing a weak yen and cost cuts.

Business • 05 Nov 14

Around 1.7 million cars, mostly in the US and the Far East, have been recalled

Lexus recalls 500 cars sold in Ireland

About 500 Lexus cars are being recalled in Ireland, as part of a global vehicle recall by Toyota.

News • 15 Oct 14

Over 40 requests to transact shares totalling 67.78 trillion yen were cancelled in Tokyo before they could be matched

$617 billion in Japan orders scrapped after error

Japan's market was bombarded yesterday with $617 billion of erroneous stock orders in dozens of Asia's biggest corporations.

Business • 02 Oct 14

Toyota sales motored over 16% higher in its latest fiscal year

Toyota posts record annual profit of $17.9 billion

Toyota said it booked a record net profit of $17.9 billion in the past fiscal year as the world's biggest car maker saw a recovery in major markets.

Business • 08 May 14

Among the problems are a driver's seat defect, steering column problems, and an engine starter glitch that poses a fire risk

Toyota Ireland to recall over 8,000 cars

Toyota Ireland has said it is recalling 8,430 cars here as part of a worldwide recall.

Business • 09 Apr 14

Workers at big Japanese firms to get first wage hike in years

Japan firms raise wages for first time in years

Major Japanese firms, including Toyota and Panasonic, today said they would boost employees' wages for the first time in years.

Business • 12 Mar 14

Toyota said the recall is a result of a fault that might cause the vehicles to slow down and stop

Toyota recalls 1.9m Prius cars, 700 in Ireland

A spokesperson for Toyota has said that 700 Prius models are being recalled in Ireland, as part of a global recall of 1.9m of the hybrid cars.

News • 12 Feb 14