Hyundai Motor Co's strong performance in emerging economies and growing U.S. market share drove it to a record net profit in the first quarter and should cushion it from a stronger won and rising input costs.
A House of Representatives committee sought more information from Toyota Motor Corp on Friday about the automaker's review of electronic throttles.
Quarterly earnings at Asian carmakers are set for a big improvement thanks to recovering demand and cost cuts, and analysts are turning their focus to how fast they can get back to sustained, pre-crisis growth.
Toyota Motor Corp has agreed to pay a record $16.4 million fine to U.S. safety regulators to settle a complaint that the company delayed a recall over defective accelerator pedals, but denied violating U.S. regulations.
Toyota Motor Corp has agreed to pay a record $16.4 million fine to U.S. safety regulators in response to the government's claim that it knowingly delayed a massive accelerator pedal recall in January, a government official said.
Toyota Motor Corp (7203.T) will launch competitively priced Prius hybrid minivans using lithium ion batteries early next year, the Nikkei business daily reported.
The federal judge handling scores of lawsuits against Toyota Motor Corp over cars that raced out of control has set the first court hearing on the combined litigation for next month.
U.S. regulators will run safety tests on a new Lexus SUV and take action if the Toyota Motor Corp vehicle does not meet government standards, the top U.S. auto safety official said on Thursday.
Toyota Motor said on Thursday it would conduct safety tests on all its sport utility models after a report claiming that a handling problem in a new version Lexus put drivers at risk of rollover accidents.
Influential nonprofit magazine Consumer Reports on Tuesday urged car shoppers not to buy the 2010 Lexus GX 460, calling the Toyota Motor Corp sport utility vehicle a safety risk to roll over.
Consumer Reports on Tuesday urged consumers to avoid purchasing a Lexus GX 460, saying the sport utility vehicle from Toyota Motor Corp was a safety risk because of the performance of its stability control system.
U.S. safety regulators may seek a second penalty against Toyota Motor Corp for knowingly delaying a massive recall over defective accelerator pedals
Sales of passenger cars grew by almost two-thirds in China last month as buoyant consumer sentiment bolstered spending on big-ticket items in the world's third-largest economy.
A senior Toyota Motor Corp executive in the United States warned in a January email that the automaker needed to come clean on a safety defect that caused accelerator pedals to become stuck open.
Toyota Motor Corp said on Tuesday it was recalling 12,984 vehicles sold in South Korea due to floor mat problems, the latest in a string of safety problems and product recalls at the Japanese carmaker.
Toyota Motor Corp faces a proposed $16.4 million fine from U.S. regulators who said the automaker knowingly delayed a massive recall for defective accelerator pedals.
Toyota Motor Corp faces a proposed $16.4 million fine from U.S. regulators, the maximum penalty allowed under current laws, after the automaker failed to notify the government in a timely way about accelerator pedal flaws that were the subject of a massive recall in January.
U.S. regulators on Monday proposed fining Toyota Motor Corp the maximum penalty of $16.4 million, saying the company failed to notify the government in a timely way about accelerator pedal flaws that were the subject of a massive recall in January.
U.S. palladium and platinum futures rose to their highest since 2008 on Monday on strong physical demand and better sentiment, and gold contracts hit a two-week high in thin post-holiday trade.
Northern Territory (NT) police has confiscated about 16 kilograms of kava drugs that was en route to a remote island community.
In the wake of complaints about sudden acceleration problems that have led to the recall of millions of Toyotas over the past few months.
Toyota Motor Corp will extend U.S. sales incentives in April as it recovers from a two-month sales dip linked to recalls and suspended sales.
