(Reuters) – Toyota Motor Corp is close to a deal to pay $1 billion to settle a U.S. criminal investigation into how it disclosed customers’ complaints about unintended acceleration years ago, the Wall Street Journal reported on Friday, citing anonymous sources. Toyota could reach a deal with U.S. authorities within weeks, the Journal quoted the […]

Toyota Motor Corp raised its operating profit forecast for the financial year by 9 percent to a record 2.4 trillion yen ($23.7 billion) as the yen, which has fallen against the dollar by some 9 percent this financial year, buoys profits of the export-oriented car maker. For the October-December third quarter, Toyota posted 600.5 billion […]

Now that the count is in for 2013, the numbers are official. Toyota was the No. 1 car company in the world. It is quite a comeback the great 2011 Japanese earthquake and millions of recalled vehicles.

Toyota has revealed its latest FT-1 supercar concept – after giving it a virtual drive in a computer game.

Ford Motor Co. (NYS:F) and its local partners boosted sales in China by nearly 50 percent last year, nudging past Japanese giants Toyota Motor Corp. and Honda Motor Co. to make big inroads into the world’s largest auto market. For much of the past decade, Ford has trailed Japan’s big car makers, but a line-up […]

(Reuters) – Toyota Motor Corp is recalling more than 400,000 vehicles in Saudi Arabia that were produced from 2006 to 2010 due to concerns about unintended acceleration, the company and Saudi Arabia’s trade ministry said. This is the same issue that led to the recall of nearly 19 million Toyota vehicles worldwide from late 2009 […]

Depending on which expert does the math, the U.S. taxpayer will lose about $10 billion on the bailout of General Motors Co. once the Treasury’s sell-off of its stock in the auto firm is complete.

Prior to this year the thought of a comfortable, reliable and stylish hybrid vehicle elicited a sarcastic smile, “guy walks into a bar with his Prius parked out front”. After all it wasn’t long ago that…

… not heard of when I got my driver's license (1955). My first new car was a 1962… Re: A Special Sort Of Mediocrity Scribe39 – Do you fear a visit in the night from this apparition with the mark of the Beast on each rocker cover?

LOS ANGELES (AP) — A jury found Thursday that Toyota Motor Corp. is not liable for the death of a California woman who was killed when her 2006 Camry apparently accelerated and crashed despite her efforts to stop.