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recalls

July 6, 2010

Toyota Motor Corp, the family-controlled automaker, announced further recalls on Friday in its already troubled US market just two months after Toyota's president said he could see "clear skies in the distance".

Toyota Motor Corp, the family-controlled automaker, announced further recalls on Friday in its already troubled US market just two months after Toyota's president said he could see "clear skies in the distance".

May 11, 2010

Toyota Motor Corporation, the family-controlled automaker, announced this morning it has returned to profit in the first quarter of 2010 despite the problems it is facing due to an ongoing recalls crisis.

Toyota Motor Corporation, the family-controlled automaker, announced this morning it has returned to profit in the first quarter of 2010 despite the problems it is facing due to an ongoing recalls crisis.
 
In a statement released today, Toyota said quarterly revenues had increased to 5.28 trillion yen from 3.54 trillion for the same figure in 2009. The company also highlighted other positives including saving 520 billion yen through cost reduction and 470 billion yen from reducing fixed costs.
 

April 30, 2010

The first family head of the company in 14 years has a big job on his hands reports Katie Barker.

The first family head of the company in 14 years has a big job on his hands reports Katie Barker.

When third-generation Akio Toyoda took the helm at the world's largest automaker in June 2009, he knew he was in for a tough ride. The world was in the grips of recession, the car industry was on its knees and Toyota had just posted its first annual loss in 59 years. It hasn't got any easier.

April 20, 2010

Toyota Motor Corporation, the family-controlled automaker, announced yesterday it would pay the $16.4 million fine imposed on the company by the US Department of Transport.

Toyota Motor Corporation, the family-controlled automaker, announced yesterday it would pay the $16.4 million fine imposed on the company by the US Department of Transport. 

Toyota said it had taken the decision "in order to avoid a protracted dispute and possible litigation, as well as to allow us to move forward fully-focused on the steps to strengthen our quality assurance operations."

April 6, 2010

The US Department of Transport has announced that it plans to fine Toyota Motor Corporation $16.4 million after the family-controlled automaker failed to notify US transport regulators about defects that allegedly cause unintended acceleration.

The US Department of Transport has announced that it plans to fine Toyota Motor Corporation $16.4 million after the family-controlled automaker failed to notify US transport regulators about defects that allegedly cause unintended acceleration.
 

March 3, 2010

When third-generation Akio Toyoda took the helm at the world’s largest automaker in June 2009, he knew he was in for a tough ride. The world was in the grips of a crippling recession, the car industry was on its knees and Toyota had just posted its first annual loss in 59 years.

When third-generation Akio Toyoda took the helm at the world's largest automaker in June 2009, he knew he was in for a tough ride. The world was in the grips of a crippling recession, the car industry was on its knees and Toyota had just posted its first annual loss in 59 years.

February 24, 2010

Akio Toyoda, the beleaguered fourth-generation head of Toyota, admitted that rapid expansion at the family company caused it to put growth ahead of safety and quality, resulting in the current recall crisis.

Akio Toyoda, the beleaguered fourth-generation head of Toyota, admitted that rapid expansion at the family company caused it to put growth ahead of safety and quality, resulting in the current recall crisis.

February 18, 2010

Akio Toyoda, the fourth-generation family head of motor giant Toyota, addressed customers and the press again yesterday in a further attempt to save the company’s reputation.

Akio Toyoda, the fourth-generation family head of motor giant Toyota, addressed customers and the press again yesterday in a further attempt to save the company's reputation.
 
He outlined the company's strategy to deal with the safety concerns and recalls that have so damaged the reputation of the family-controlled business. "Since autumn, we at Toyota have worked hard to address each of a number of quality issues," he said.
 

February 15, 2010

Toyota Motor Corp, the family-controlled automaker, announced further recalls on Friday in addition to the 8 million already in progress.

Toyota Motor Corp, the family-controlled automaker, announced further recalls on Friday in addition to the 8 million already in progress.
 
The latest move will see 8,000 pickup trucks recalled over possible cracks in the drive shaft component. The part is not made by Toyota but supplied by Dana Holdings Corp, who also supply the same part to Ford Motor Co and Nissan Motor Co. Neither Ford or Nissan are recalling vehicles.
 

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