TOYOTA

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Toyota sees 35 percent profit slump after earthquake

Toyota Motor Corp said on Friday it expects operating profit this business year to fall 35 percent to 300 billion yen ($3.7 billion) after Japan's biggest earthquake on record severely disrupted car production and slashed sales and a strengthening yen cut into overseas earnings.

Toyota seen forecasting profit fall on output woes

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Toyota Motor Corp <7203.T> is expected to forecast a fall in annual profit later on Friday as the world's largest automaker works to restore output knocked out by Japan's March 11 disaster and grapples with a strong yen.

Toyota president sees return to full output from November

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The president of Toyota Motors <7203.T> said on Saturday he expects the automaker to resume full production globally in November and its Japanese output is expected this month to recover to 90 percent of levels seen before a March earthquake.

Toyota to recall 52,000 Prius cars in US over safety issues

Toyota Motor Corporation is recalling 106,000 Prius cars globally to replace the electric power steering pinion shaft attachment nuts, the carmaker said in a statement. Of the total, approximately 52,000 would be from the United States.
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Price hikes, fewer cars likely hurt auto sales

Higher car prices and a shortage of fuel-efficient vehicles likely threw a roadblock in the U.S. auto industry's recovery path in May, when the Japan crisis had its biggest impact on U.S. sales so far.
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Toyota cars to be driver's friend in social network service

Toyota Motor Corp and cloud computing company Salesforce.com Inc will build a social network service that will enable owners to become friends with their cars and get friendly, tweet-like reminders for maintenance checks and other notices.
 Toyota Motors India to resume normal production

Toyota to resume normal production in India

Toyota Kirloskar Motor Pvt. Ltd said that it will resume normal production from May 20, a fortnight ahead of schedule after the troubled car maker had decided to cut its production by 70 percent in the wake of parts shortage arising out of the March 11 earthquake and tsunami in Japan, the company said in a statement today.
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Honda and Nissan accelerate efforts to resume full output

Two of Japan's top automakers are trying to accelerate their efforts to resume full production, adding to hopes that a recovery from the country's biggest earthquake on record was well on its way as the supply bottleneck eases.
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Honda says parts supply recovery picking up

The recovery in the supply of parts to Honda Motor <7267.T> is gathering pace, the automaker said on Tuesday, as the firm looks to bring forward its return to normal production after a massive earthquake and tsunami in Japan disrupted supply chains.
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Toyota can be sued for economic losses: judge

Owners of Toyota Motor Corp <7203.T> vehicles that were recalled over unintended acceleration may pursue claims against the automaker that the problem caused the value of their cars to fall, a federal judge ruled on Monday.
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Hamaoka power plant completes final shutdown

The Hamaoka nuclear plant, located in the southwest of Tokyo, finally shut down all its reactors for about two years on Saturday to avoid any further mishap in the future due to natural calamities, a report said.
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Nissan Q4 rises, sees full production likely by October

Nissan Motor Co reported a 7.2 percent rise in quarterly operating profit on Thursday and said global production disrupted by Japan's March 11 earthquake will return to normal at least a month earlier than predicted by bigger home rival, Toyota Motor Corp.
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Nissan Q4 rises, gives no guidance on quake uncertainty

Nissan Motor Co <7201.T> posted a 7.2 percent rise in quarterly operating profit but offered no guidance for the new financial year on Thursday, citing uncertainties over the pace of recovery after the March 11 earthquake disrupted the industry's supply chain.
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Nissan Q4 rises, says full production likely by October

Nissan Motor Co posted a 7.2 percent rise in quarterly operating profit on Thursday and said global production disrupted by Japan's March 11 earthquake will return to normal a least a month earlier than predicted by bigger home rival, Toyota Motor Corp.
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Toyota vows to stay in Japan as quake hits Q4

Japan's biggest earthquake on record hit Toyota Motor's quarterly profits harder than expected, prompting renewed calls for the government to do more to support Toyota's pledge to keep building large numbers of cars in Japan.

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