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Japanese stocks extended losses for a fourth straight trading session Monday, pressured by dimming prospects for a swift recovery in the global economy and selling of exporters because of a stronger yen.
Last year, Toyota had suspended the project to develop a 1.6-litre diesel engine with truck maker Isuzu, in which it holds a 5.9 percent stake, due to uncertainty over vehicle demand and efforts to reduce capital spending.
The Toyota Way is not merely an engineering marvel, it is about the people who make it a success.
Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.
Toyota Motor Corp plans to start mass producing plug-in hybrid vehicles in 2012, with a projected first-year output of about 20,000 to 30,000 units, the Nikkei business daily reported on Saturday.
Toyota Motor Corp. , the worlda s largest automaker, may close New United Motor Manufacturing Inc., the California venture abandoned by General Motors Co., as its U.S. sales slump amid the recession.
The NUMMI auto factory in Fremont must navigate past plenty of perils in its quest to survive, yet despite the hazards, some rescue routes also beckon that could retain the Japanese automaker.
The Ontario government will help take the sting out of buying pricey electric cars by offering purchasers incentives of as much as $10,000, Premier Dalton McGuinty is expected to announce today.
When Honda Motor Co. withdrew from Formula One racing last December, it redeployed the engineers working on its elite high-horsepowered cars to new teams developing gasoline-electric hybrids for the average person.
Toyota is in final discussions on providing its smaller rival Mazda with its key hybrid technology through a business tie-up, a respected business daily reported Thursday.
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