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.... They are looking to export the electric taxi outside London, but will focus on the UK first. Greg Clark, the business secretary, said the new factory and Toyota’s announcement last week that it will invest £240m into modernising its Derbyshire production line is “recognition of our seriousness in the industrial strategy”. ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 07:51:15 AM
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Latest Finance News related to Toyota

Do not let Brexit ruin car industry, urges chair of London Taxi Company image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 07:51:15 AM
.... They are looking to export the electric taxi outside London, but will focus on the UK first. Greg Clark, the business secretary, said the new factory and Toyota’s announcement last week that it will invest £240m into modernising its Derbyshire production line is “recognition of our seriousness in the industrial strategy”. ...
Google to overhaul advertising policies after growing boycott image
Source : Guardian [Read Article] Tuesday 21st of March 2017 09:48:57 AM
....It is not yet clear whether the new measures go far enough to reassure advertisers. Tesco, Toyota and Volkswagen became the latest major brands to suspend advertising, joining the BBC, L’Oréal, HSBC, Royal Bank of Scotland, Lloyds, Audi, Channel 4 and the Guardian on a list that now features some 250 firms. ...
Hard Brexit 'could increase cost of making a car in UK by £2,400' image
Source : Guardian [Read Article] Monday 20th of March 2017 06:34:46 PM
....”. Toyota last week announced it was investing £240m into upgrading its car plant in Derbyshire while Nissan has committed to expanding its Sunderland factory, the biggest in the UK. ...
Servicing Stop charges can start to add up image
Source : Guardian [Read Article] Saturday 18th of March 2017 07:00:32 AM
.... This is the sort of experience you might expect at Dodgy Dave’s back street garage, but not from one of the UK’s fastest growing car servicing companies – a firm that started out on BBC hit show Dragons’ Den. But that is what apparently happened to Guardian Money reader Pam Kleinot after she asked Servicing Stop to give her Toyota Yaris a service and MOT. ...
Toyota plant investment 'huge part of preparing for long-term future' image
. Toyota's £240m investment in its Burnaston plant is 'a huge part of preparing for the long-term future' Toyota deputy managing director Tony Walker tells the BBC's John Moylan. ...
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Toyota invests £240m in Derbyshire plant – but warns over Brexit tariffs image
. Toyota is to invest £240m into upgrading its car plant in Derbyshire in a major boost for the automotive industry after Britain’s vote to leave the EU. ...
Vote of confidence image
Source : BBC [Read Article] Thursday 16th of March 2017 10:17:03 AM
. Toyota's decision to invest £240m in its UK operations will be welcome news for the UK car industry. ...
Toyota to invest £240m in UK plant at Burnaston image
Source : BBC [Read Article] Thursday 16th of March 2017 09:39:48 AM
. Toyota is to invest £240m in upgrading its UK factory that makes the Auris and Avensis models. ...
Trump begins rollback of Obama's car pollution standards to curb emissions image
Source : Guardian [Read Article] Wednesday 15th of March 2017 10:22:11 PM
....Former EPA officials and environmental groups have decried the reversal, pointing out that carmakers had previously complained about fuel efficiency standards only to easily meet the requirements due to the evolution of technology. There are already more than 100 car and SUV models that meet standards that stretch beyond 2020, with the Chevrolet Volt, Toyota Prius, Chevrolet Spark and Smart ForTwo already matching the 2025 standard. ...
Brexit and Bochum haunt Vauxhall in the new battle for Ellesmere Port image
Source : Guardian [Read Article] Saturday 11th of March 2017 04:00:38 PM
.... “For the future of those employees and for customers in the UK, a zero-tariff environment is really, really important,” Farley said. Britain’s car industry is dominated by continental (Volkswagen and BMW), American (Ford and GM) and Japanese (Nissan and Toyota) manufacturing groups whose main export market is the EU. ...
VW pleads guilty to US emissions charges image
Source : BBC [Read Article] Friday 10th of March 2017 04:02:31 PM
....However, the fallout from the scandal has not stopped VW from growing its sales. Last year, it overtook Toyota as the world's best-selling car maker. ...
Ford Bridgend: Welsh secretary 'optimistic' over future image
Source : BBC [Read Article] Thursday 2nd of March 2017 06:05:24 AM
....". He said Nissan's investment in Sunderland since the referendum would boost Wales component companies while he also wanted to help secure jobs at Toyota's engine plant on Deeside, Flintshire. ...
VW cracks down on executive pay after diesel scandal image
Source : BBC [Read Article] Friday 24th of February 2017 08:46:49 PM
....3 million vehicles last year, driven by strong demand in Europe and the Asia-Pacific region. That allowed VW to overtake Toyota and claim the crown of the the world's top-selling car maker. ...
Five minute guide to the rising cost of car maintenance image
Source : Daily Express [Read Article] Sunday 19th of February 2017 12:01:00 AM
....The figures also showed Japanese cars to be some of the most reliable on the market. “Between just 3 and 6 per cent of warranties for Honda, Subaru, Suzuki and Toyota were claimed on throughout the year,” Ward adds. ...
Chemical giant Ineos to build heir to Land Rover Defender image
Source : Guardian [Read Article] Monday 13th of February 2017 09:36:50 AM
....”. However, industry analysts warned that Ineos faced stiff competition in the 4x4 market from Toyota, but also Jaguar Land Rover, which is repurposing old Defenders and intends to launch a new model in 2019. ...
Golf diplomacy: Japan's Abe hopes for strokes of genius to seal Trump trade pact image
....Trump has blasted Japanese auto trade practices as unfair, and claimed, incorrectly, that Japan imposes tariffs that make it “impossible to sell American cars in Japan”. He also criticised plans by Toyota to build a new plant in Mexico, and suggested he would impose a “border tax” on companies that based themselves outside the US. ...
Japan rejects Trump accusation of devaluing yen in currency war image
Source : Guardian [Read Article] Wednesday 1st of February 2017 06:48:52 AM
....Abe, who has declined to join in the widespread condemnation of Trump’s immigration policies, is also expected to emphasise Japanese automakers’ role in the US, where it employs just over 1. 5 million people, following the president’s threat to impose a ”big border tax” on Toyota for building a new vehicle plant in Mexico. ...
VW risks new pay row as compliance chief lands €10m payoff image
Source : Guardian [Read Article] Tuesday 31st of January 2017 06:38:36 PM
....News of her payout has emerged a day after sales figures for 2016 confirmed that VW is the world’s biggest car manufacturer. Toyota had been the biggest seller for the past four years but its 2016 sales total of just under 10. ...
VW becomes world's No 1 carmaker despite diesel emissions scandal image
Source : Guardian [Read Article] Monday 30th of January 2017 01:55:34 PM
. Volkswagen has become the world’s biggest car manufacturer, overtaking Toyota in the number of new vehicles sold in 2016 despite the damage it suffered in the diesel emissions scandal. ...
Bernie Sanders supports Trump's TPP order while McCain criticizes opting out image
....The decision to end TPP and warn of consequences for outsourcing was just the latest in a series of shots Trump has fired over the heads of US business. Since his election Trump has attacked plans by Ford, General Motors and Toyota to build cars destined for US import outside the country, particularly in Mexico. ...
Seeing red when Green Motion took £2,500 for a refuelling ‘mix-up’ image
Source : Guardian [Read Article] Sunday 22nd of January 2017 07:00:23 AM
.... DB, France. • I rented a Toyota Aygo from Green Motion’s Edinburgh airport depot in November, after making a booking through Rentalcars. ...
Mexico braced for exodus to US as ‘Trump effect’ hurts the peso image
Source : Guardian [Read Article] Saturday 21st of January 2017 04:00:04 PM
.... The peso swooned from 18 to the dollar to 20 in the election’s immediate aftermath and slid again to 22 in recent days as Trump ratcheted up the pressure. He threw Mexico’s car industry – a sizable employer –into disarray by threatening Ford, Toyota, General Motors and other manufacturers with tariffs unless they shipped jobs to the US. ...
Nissan to review Sunderland plant's competitiveness after Brexit image
Source : Guardian [Read Article] Friday 20th of January 2017 07:17:27 PM
.... In a keynote address she urged delegates to address the effects of globalisation. A senior Toyota executive at the Swiss ski resort told the Financial Times that the carmaker’s UK plants also needed to be competitive after Brexit. ...
Six Volkswagen executives charged with fraud over emissions cheating image
Source : Guardian [Read Article] Wednesday 11th of January 2017 09:42:57 PM
....The penalty against the company is the largest ever levied by the US government against an automaker, eclipsing the $1. 2bn fine against Toyota in 2014 over safety issues related to unintended acceleration. ...
Volkswagen confirms $4.3bn payment over diesel emissions image
Source : Guardian [Read Article] Tuesday 10th of January 2017 11:08:24 PM
.... vehicles as well as facing unresolved lawsuits from US investors and about 20 US states. Volkswagen’s expected guilty plea is in contrast to Justice Department deferred prosecution agreements with Toyota Motor Corp and General Motors Co, which were both accused of misleading regulators or consumers and paid fines of $1. ...
Volkswagen shrugs off scandal with record sales image
Source : BBC [Read Article] Tuesday 10th of January 2017 04:01:09 PM
....The VW group saw sales increase by 3. 8% in 2016, making it likely that the firm will overtake Toyota as the world's biggest carmaker by volume. ...
Toyota plans to invest $10bn in US image
Source : BBC [Read Article] Sunday 8th of January 2017 10:03:23 PM
Declutter your cupboard if you want, but it won't save the planet | Frank Trentmann image
.... Our mobile phones and headphones would not work without lanthanides. A hybrid Toyota Prius might save petrol but it also needs 9kg (20lb) of rare-earth elements, and that’s just for its battery. ...
We contribute billions to US economy, Toyota politely tells Trump image
Source : Guardian [Read Article] Friday 6th of January 2017 06:54:40 AM
. Japanese officials have defended Toyota’s contribution to the US economy after Donald Trump threatened to impose a “big border tax” on the carmaker if it went ahead with plans to open a new plant in Mexico. ...
Trump says Toyota will face tariffs on cars made in Mexico image
Source : BBC [Read Article] Thursday 5th of January 2017 08:04:11 PM
. Donald Trump has tweeted that Toyota will face hefty tariffs on cars built in Mexico for the US market if it builds Corollas south of the border. ...
Toyota will face 'big border tax' if Mexico plant makes US cars, Trump says image
. Donald Trump threatened Toyota on Thursday with a “big border tax” if it didn’t build cars meant for the US within the states, the latest in a series of attacks on car manufacturers and the first time since his election that he has threatened a foreign company. ...
Nissan's British arm saw profits rise 21% before EU vote image
Source : Guardian [Read Article] Sunday 18th of December 2016 07:41:39 PM
....The concerns come as Nissan, its parent company Renault and Mitsubishi Motors prepare to combine their electric vehicle investments in an effort to slash prices down to levels comparable to conventional gasoline cars, according to the Nikkei newspaper. Auto giants Volkswagen and Toyota are also aiming to mass-produce battery electric vehicles amid tightening emissions and fuel-economy regulations around the world. ...
Uber drivers stage go-slow protest through central London image
Source : Guardian [Read Article] Tuesday 22nd of November 2016 02:55:59 PM
....At least 100 Uber minicabs drove at walking pace down Edgware Road and Park Lane towards Westminster on Tuesday, honking their horns and blocking traffic as drivers angry at low pay for long hours stepped up direct action against the San Fransisco-based firm. The protest infuriated some drivers who found themselves blocked behind a line of slow-moving Toyota Prius cars. ...
GM allowed to delay air bag recall image
Source : BBC [Read Article] Tuesday 22nd of November 2016 01:48:57 PM
....Some of the GM fleet is older than that, but the carmaker says it believes the bags are safe for a further three years. Toyota recalled another 5. ...
Volkswagen to axe 30,000 jobs worldwide image
Source : Guardian [Read Article] Friday 18th of November 2016 11:32:17 AM
....VW employs 600,000 people worldwide, including 120,000 in Germany. This is far more than its rivals Toyota and General Motors, with whom it battles for the position of the biggest carmaker in the world. ...
Toyota agrees to $3.4bn rust dispute settlement in US image
Source : BBC [Read Article] Sunday 13th of November 2016 11:30:17 AM
. The world's biggest carmaker, Toyota, has agreed to settle a US Federal class action for up to $3. ...
In Brexit Britain there will be no benefit caps for the multinationals | Aditya Chakrabortty image
.... If May and Clark were to try to cover half of that, they would be extending an unprecedented level of subsidy to just one company. Now imagine those same terms replicated for the other big car exporters: Toyota (which before the referendum warned of cutbacks if Britain left the EU), Honda, Jaguar Land Rover …. ...
Minister: 'No cheque book' for Nissan image
Source : BBC [Read Article] Friday 28th of October 2016 04:25:43 AM
.... . Toyota said it trusted the government to provide "fair treatment". ...
Toyota recalls 5.8 million cars over faulty Takata airbags image
Source : BBC [Read Article] Wednesday 26th of October 2016 07:37:03 AM
. The world's biggest carmaker, Toyota, is recalling another 5. ...
Toyota launches 'baby' robot for companionship image
Source : BBC [Read Article] Monday 3rd of October 2016 11:46:28 AM
. A palm-sized robot that can hold conversations will go on sale in Japan next year, developer Toyota has announced. ...
UK car firms 'want to be in EU single market' image
Source : BBC [Read Article] Wednesday 28th of September 2016 02:00:40 PM
....The UK car industry kicked off its own Tour de France today in the shadow of the Eiffel Tower on the sidelines of the Paris Motor Show. Vauxhall, Nissan, Jaguar, Aston Martin, Mini, Toyota and McLaren models were lined up alongside each other. ...
Fiat Chrysler recalls 1.9 million vehicles over air bag defect image
Source : BBC [Read Article] Thursday 15th of September 2016 08:15:22 PM
....Fiat Chrysler said it would contact owners and replace the parts free of charge. In June, Toyota recalled 1. ...
'No tariffs' a priority in EU talks, says Toyota UK boss image
Source : BBC [Read Article] Sunday 4th of September 2016 11:38:44 PM
.... . Toyota has an assembly plant at Burnaston in Derbyshire. ...
Brexit: Japan warns firms may move European HQ out of Britain image
Source : BBC [Read Article] Sunday 4th of September 2016 11:55:33 AM
....Downing Street received the report earlier this week, the BBC understands. Japanese firms employ an estimated 140,000 workers in the UK, with Nomura bank, manufacturing giant Hitachi and carmakers Honda, Nissan and Toyota all having major bases in the country. ...

Toddler died in 20mph crash when mother reached for a dummy and child was not secured properly in car seat
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....The 20 month-old suffered a spinal injury and died the next day at Addenbrooke's Hospital, Cambridge. As her mother, Annie Crawford, 20, took her eyes off the road to reach for a dummy to pacify her crying daughter, she drove her VW Polo into the back of a Toyota Corolla. ...
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Toyota shares rise despite weak earnings and outlook image
Source : BBC [Read Article] Friday 5th of August 2016 01:39:40 AM
. Shares in Japanese carmaker Toyota have risen, despite the company reporting a weak outlook for profits in the current year. ...
Strong yen weighs on Toyota profits image
Source : BBC [Read Article] Thursday 4th of August 2016 07:17:16 AM
. Japanese carmaker Toyota has reported a 15% drop in its first quarter net profit with the strong yen weighing down the company's exports. ...

Boy, 8, fights off woman who tried to abduct him at a water park
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Source : Telegraph [Read Article] Tuesday 2nd of August 2016 08:23:11 AM
....With the help of his friends, the boy managed to pull away before running off. Greater Manchester Police said the woman had been sitting in the back of a vehicle - described as a grey Toyota 4x4-type car with tinted windows, side steps and a spare wheel on the rear, which was parked near where the children had been playing. ...
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Driver playing Pokemon Go crashes into police patrol car
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Source : Telegraph [Read Article] Wednesday 20th of July 2016 06:16:32 AM
....The body camera of a Baltimore Police officer captured the moment a driver distracted by the Pokemon Go app crashed into a patrol car. The police officer and the occupants of the Toyota SUV were uninjured in the crash, according to Baltimore Police. ...
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Motorists consultation launched to prepare the UK for driverless cars image
....Meanwhile, the highway code – the driver’s bible first published in 1931 – will probably have to be updated because, when remote control parking becomes commonplace, drivers will be routinely breaching rule 160 which states that when the car is moving, “you should drive with both hands on the wheel where possible”. A number of companies are working on driverless cars, including Google and a long list of car makers such as Rolls-Royce, Nissan, Toyota and Audi. ...
Toyota shuts lifts down to save money because of strong yen image
Source : BBC [Read Article] Friday 8th of July 2016 07:19:51 AM
. Toyota, the world's biggest automaker, has shut down two out of eight lifts at its Tokyo headquarters in an effort to cut costs. ...
London pays almost a third of UK tax, report finds image
Source : Guardian [Read Article] Wednesday 6th of July 2016 11:01:28 PM
....Related: Elmbridge again comes top for income tax contributions. A ring of towns around London ranked as the places with the fastest rising tax bases with only Derby, the home of Rolls Royce and Toyota, and Aberdeen, which benefited from the oil boom from 2010 to 2014, in the top ten risers outside the south east. ...
UK car sales fell ahead of EU vote image
Source : Guardian [Read Article] Wednesday 6th of July 2016 09:51:09 AM
....Aside from sales, there are fears that car manufacturing could take a hit from the Brexit vote, with foreign companies delaying investment decisions or choosing other locations to open factories. The UK car industry has traditionally benefited from strong investment from overseas car manufacturers, including Nissan in Sunderland and Toyota in Derby. ...

Toyota recalling 1.43 million hybrids worldwide for air bag issue
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Source : Telegraph [Read Article] Wednesday 29th of June 2016 03:12:01 AM
...
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Asia shares continue global rebound image
Source : BBC [Read Article] Wednesday 29th of June 2016 01:38:19 AM
.... . Shares in carmaker Toyota rose by more than 2% despite fresh recalls over faulty airbags. ...
Toyota recalls 1.4 million cars over faulty airbags image
Source : BBC [Read Article] Wednesday 29th of June 2016 12:06:19 AM
. Japanese carmaker Toyota says it will recall 1. ...
Japan stocks continue to stabilise despite Brexit turmoil image
Source : BBC [Read Article] Tuesday 28th of June 2016 01:39:09 AM
.... . Carmakers Toyota, Nissan and Honda - all of which have production sites in the UK - all saw their shares fall on Tuesday. ...
Pound continues Brexit decline as Japan and China voice UK investment fears image
....com/lyZvzkUMb8. Japanese companies such as Nissan and Toyota directly and indirectly employ 140,000 people in the UK, and some made no secret of their desire for Britain to stay in the EU before Friday’s referendum. ...
Is your car the most stolen model in England and Wales? image
Source : Guardian [Read Article] Saturday 25th of June 2016 06:00:06 AM
.... One reason for its success may be that it is the only system supported by every police force in the UK, with its detection units fitted in police patrol vehicles and helicopters. It also supplies Mercedes, Lexus and Toyota with their tracking systems. ...
Brexit: Asian shares fall sharply as UK votes to leave EU image
Source : BBC [Read Article] Friday 24th of June 2016 05:43:07 AM
...."The BOJ, in close co-operation with relevant domestic and foreign authorities, will continue to carefully monitor how the [EU referendum] would affect global financial markets," Mr Kuroda said on Friday. Most of Japan's big exporter companies took major hits with Bridgestone, Toyota and Panasonic all losing more than 8%. ...
What would British business be like after Brexit? image
Source : Guardian [Read Article] Saturday 18th of June 2016 03:00:14 PM
Uber suffers legal setbacks in France and Germany image
Source : Guardian [Read Article] Thursday 9th of June 2016 06:19:51 PM
....5bn (£2. 4bn) in the company earlier this month, while the world’s biggest carmaker Toyota agreed a partnership with Uber that will see it offer drivers favourable leases on cars. ...
Saudi Arabia's Uber venture: a case of if you can't beat 'em, join 'em image
....A week before Saudi Arabia’s move, on 24 May, Germany’s Volkswagen group made its own investment: a $300m stake in the Israeli startup Gett, a rival to Uber formerly called GetTaxi. The same day Japan’s Toyota made its own, unspecified, investment in Uber. ...
Yanis Varoufakis: Australia's negative gearing is 'scandalous' image
Source : Guardian [Read Article] Wednesday 25th of May 2016 06:22:53 AM
.... This became a policy flashpoint when the Abbott government was negotiating subsidies to the car industry shortly after being elected in 2013. The result was the exit of Holden and Toyota from car manufacturing in Australia which, according to some estimates, could result in the loss of up to 200,000 jobs. ...
Toyota and Volkswagen invest in ride-hailing apps: 'the future of mobility' image
....Two major car companies announced on Tuesday investments in ride-hailing apps, signaling both a growing role for on-demand cars and a new groundwork for app-enabled self-driving fleets. Toyota will be investing and partnering with Uber, and Volkswagen is putting $300m into Tel Aviv-based ride-sharing app called Gett. ...
Mitsubishi president steps down over test-fixing scandal image
Source : Guardian [Read Article] Wednesday 18th of May 2016 02:14:48 PM
.... The Japanese government ordered all carmakers to check their mileage tests and re-submit fuel economy readings on all their vehicles by Wednesday, after the Mitsubishi scandal broke in late April. Nissan, Japan’s second biggest carmaker after Toyota, moved in to take a controlling stake in Mitsubishi last week, and vowed to rebuild trust in the company. ...
Smart cars: how technology is putting the brakes on insurance premiums image
.... This monitors the driver and warns them if they are showing signs of inattention or drowsiness. Toyota already has it in its Lexus LS, and it will debut in General Motors’ 2017 CT6 Cadillac as part of its super cruise function. ...
Nissan buys 34% controlling share in scandal-hit Mitsubishi Motors image
Source : Guardian [Read Article] Thursday 12th of May 2016 11:59:39 AM
....The two companies are already partners in development and manufacturing, but there was no cross-ownership involved. Mitsubishi falsified mileage test results on a number of models, including two it manufactured for Nissan, Japan’s second largest car-maker after Toyota. ...
Dyson could become next Tesla with its electric car, says expert image
Source : Guardian [Read Article] Wednesday 11th of May 2016 06:00:05 AM
.... The solid electrolyte also means the battery electrodes can be made of a much more energy dense material, such as metallic lithium. Solid-state batteries for vehicles are being developed by many companies, including Toyota, Volkswagen and Bosch, a major supplier to the automotive industry. ...
Dyson could become next Tesla with its electric car, says expert image
Source : Guardian [Read Article] Wednesday 11th of May 2016 06:00:05 AM
.... The solid electrolyte also means the battery electrodes can be made of a much more energy dense material, such as metallic lithium. Solid-state batteries for vehicles are being developed by many companies, including Toyota, Volkswagen and Bosch, a major supplier to the automotive industry. ...
'Everyone’s outraged': angry Greeks foresee Grexit and drachma's revival image
....Related: What do Greeks think of the latest austerity measures?. In his yellow Toyota, Giorgos Balabanis, a taxi driver for the past 15 years, puts it another way. ...
'Everyone’s outraged': angry Greeks foresee Grexit and drachma's revival image
....Related: What do Greeks think of the latest austerity measures?. In his yellow Toyota, Giorgos Balabanis, a taxi driver for the past 15 years, puts it another way. ...
UK car production hits 12-year first-quarter high image
Source : Guardian [Read Article] Wednesday 27th of April 2016 11:01:11 PM
.... This followed a global search for a new manufacturing facility. Major UK car plants include Nissan’s factory in Sunderland, the Mini factory in Oxford and Toyota at Burnaston in Derbyshire. ...
City News: Welsh economy, high street spending, WWP and Sunday Papers image
Source : Daily Express [Read Article] Sunday 17th of April 2016 05:29:00 PM
....4 per cent more spending money than five years ago, while those in Flintshire, Wrexham and south west Wales have over 14 per cent more. Investment from large manufacturers based in Wales, including Toyota and Airbus, was partly responsible, said the report. ...
New car sales in Europe rise to near pre-crisis levels image
Source : Guardian [Read Article] Friday 15th of April 2016 11:42:51 AM
....”. He added that Volkswagen’s product mix was a bigger concern; for example, it does not have any new SUV models, and it has been outpaced by its Japanese rival Toyota. ...

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