toyota motor corp

Toyota Motor Corp. said Friday that for now it is sticking with plans to open its new Mississippi plant in 2010 despite media reports that Japan's top automaker is mulling a delay.

Toyota Motor Corp., Japan's top automaker, reports earnings for the fiscal second quarter on Thursday. The following is a summary of key developments and analyst opinion related to the period.

Toyota Motor Corp. will post its first decline in annual global sales in a decade this year, hit by slowing demand worldwide amid the financial crisis, a Japanese newspaper predicted Wednesday.

Shares of Toyota Motor Corp. plunged Wednesday following a major business daily report that Toyota's operating profit would fall 40 percent this fiscal year through March.

Toyota Motor Corp. has announced zero-percent financing on 11 models as it tries to woo would-be buyers sidelined by the consumer credit crunch.

Tight credit, economic worries and high gasoline prices combined to crush the sales of U.S. and foreign automakers alike last month, with beleaguered Ford Motor Co. reporting a 34 percent decline and Toyota Motor Corp. posting a 32 percent drop.

The race between General Motors Corp. and Japanese rival Toyota Motor Corp. to produce a rechargeable car is meaningless because the companies' vehicle designs are so different, GM's top product executive said Thursday.

Ford Motor Co. and Toyota Motor Corp. say their U.S. sales fell by double-digits in July as automakers struggled to keep up with consumers' growing demand for smaller, more fuel-efficient vehicles.

Toyota Motor Corp. is planning significant changes to its U.S. manufacturing plants because of the rapid market shift away from trucks and sport utility vehicles.

Toyota Motor Corp., the seemingly unstoppable juggernaut that saw its U.S. sales double in the last decade, has come back down to earth.

Stung by rare double-digit sales declines and burdened by a growing inventory of slow-selling pickups, Toyota said Thursday it will start producing the Prius hybrid in the U.S. and will shut down truck and SUV production to meet changing consumer demands.