Toyota Motor Corp suffered a sharp drop in U.S. sales last month as its massive recall and unprecedented sales halt allowed rivals to grab market share from the world's largest automaker.
Ford Motor Co posted a 24 percent increase in U.S. sales for January and outsold Toyota Motor Corp as the Japanese automaker was sent reeling by a massive recall of some of its top-selling vehicles.
Toyota Motor's unprecedented recall of millions of vehicles with accelerator problems is taking a toll on sales and may force the world's largest automaker to cut 2010 sales forecasts.
Toyota Motor's unprecedented recall of millions of vehicles with faulty accelerators is already taking a toll on its sales and may force it to cut 2010 sales forecasts.
Toyota Motor Corp started shipping parts on Monday to U.S. dealers who were prepared to stay open late to fix vehicles that are affected by the most damaging recall in the automaker's history.
Toyota Motor Corp U.S. chief Jim Lentz said on Monday the Japanese automaker is confident it found the remedy to fix some 2.4 million of its eight most popular models involved in a safety recall and sales and production suspension.
Toyota Motor Corp on Monday announced a fix for about 2.4 million of its eight most popular models involved in a safety recall and sales and production suspension.
U.S. safety regulators are satisfied with a Toyota Motor Corp. plan for fixing an accelerator problem that is part of a widening global recall and unprecedented sales and production halt, a government official said on Saturday.
French carmaker PSA Peugeot Citroen said on Saturday it would recall nearly 100,000 cars because they have the same accelerator-related problems currently afflicting Japan's Toyota .
Toyota Motor Corp President Akio Toyoda apologized for the recall of millions of vehicles around the world, Japanese broadcaster NHK reported, as the deepening recall crisis threatened to further damage its sales and delay an earnings recovery.
Toyota Motor Corp President Akio Toyoda apologized for the recall of millions of vehicles around the world, Japanese broadcaster NHK reported, as the deepening recall crisis threatened to further damage its sales and delay an earnings recovery.
Toyota Motor Corp's largest rivals are declaring open season on the automaker at a time when the industry leader is seen as most vulnerable in its largest market.
Toyota said its global safety withdrawal would take up to 1.8 million vehicles off Europe's roads and rival Honda announced its own recall, placing the vaunted pedigree of Japan's carmakers under fresh scrutiny.
Japanese carmaker Honda Motor Co. announced Friday a voluntary worldwide recall of 646,000 cars following reports of defective parts of their window switch.
Toyota Motor Corp has halted U.S. sales of some of its best-selling vehicles under to address a product safety crisis that threatens its once untouchable reputation for quality.
Toyota Motor Corp. announced further model recalls on Thursday, saying that it would spread to China and Europe after faulty accelerator pedal problems were reported.
Toyota Motor Corp extended its safety recall of millions of its most popular cars to Europe and China on Thursday in a further blow to the reputation of the world's largest auto maker.
Toyota Motor Corp is extending to Europe the recall of millions of its most popular cars due to dangerous accelerator pedals, a further blow to the reputation of the world's largest car maker.
Toyota Motor Corp could face an unprecedented recall of 8 million cars over problems with sticking accelerators in the biggest ever blow to the reputation of the world's largest auto maker.
Toyota Motor Corp shut down sales of its best-selling vehicles on Wednesday under pressure from the Obama administration to address a product safety crisis that threatens its image in its largest market.
Toyota Motor Corp late on Wednesday said it is expanding a recall of its cars and trucks by another 1.1 million vehicles to address the risk of accelerator pedals becoming dangerously stuck.