speaking to reporters on the subject of Toyota's flagging global sales, down from a high of 10 million cars and expected to reach only 7.3 million this year. [GMI]
Toyota Sees Turnaround, Boosts U.S. Production
Toyota sees light at end of tunnel, will boost U.S. production. Silly automaker. [AutoNews]
Toyota Now Renting Shipping Vessels To Store Unsold Cars
Toyota sales have slowed down so much in Europe, unsold cars sitting dockside in Malmo, Sweden have outgrown lots, forcing Toyota to rent a shipping vessel as a floating parking lot for 2,500 unsold cars.
Toyota January Sales Drop 34.4%
Toyota reported January, 2009 sales of 117,287 vehicles, a decrease of 34.4% from last January. Even the new Venza sold only a mere 1,394 units in January.
Toyota September Sales Down 32%; Honda Drops 24%
As clear proof that today's recession is an equal-opportunity unemployer, Toyota has posted a September sales decline of 32% from a year earlier — one of the worst results in the company's 50 years of US sales — while Honda sank 24% in the face of the consumer credit crisis. The declines at Toyota and Honda reinforce…
Toyota Reports 39% Drop In First Quarter Profit
Raw material cost increases and sliding US sales dented Toyota earnings, as the Japanese automaker saw profits fall 39% in the fiscal first quarter compared to the same period a year earlier. The report also cites an analyst at Credit Suisse in Tokyo who says Toyota's numbers are actually far worse than they appeared…
Toyota Lays Off 800 Contract Workers In Japan
Toyota is laying off 800 contract workers at its Fukuoka plant in southern Japan, the first time it has canceled work contracts before they're complete. The plant currently builds the Lexus RX330 and the Toyota Highlander
Toyota US Sales Drop 18.7% In July
CNBC is reporting Toyota US car sales are down 8.3%. They also claim truck sales have plunged 32%, for a cumulative 18.7% sales drop versus the same month last year. While we don't have a release yet to elaborate, it seems Toyota's recent sales number warnings
Toyota Cuts Sales Forecast Again, Still Expected To Top GM
Toyota's previously reported
