Toyota Motor Corp

TOKYO | Toyota reports improved quarterly profit despite incentives

TOKYO (AP) — Toyota Motor Corp. is reporting its quarterly profit rose 21 percent as cost cuts and booming sales in some markets offset the damage from higher U.S. incentives. Toyota, which makes the Camry sedan, Prius hybrid and Lexus luxury models, on Wednesday reported a January-March profit of 480.8 billion yen ($4.4 billion), up … Continue reading TOKYO | Toyota reports improved quarterly profit despite incentives

Ex-Toyota head Tatsuro Toyoda, who led overseas drive, dies

TOKYO/January 06, 2018 (AP)(STL.News) —Tatsuro Toyoda, the former Toyota Motor Corp. president who led the company’s climb to become one of the world’s top automakers, has died. He was 88. The Japanese automaker said Saturday that Toyoda, the son of the company’s founder, died Dec. 30 of pneumonia. Toyoda stepped down as president in 1995, while continuing … Continue reading Ex-Toyota head Tatsuro Toyoda, who led overseas drive, dies

Takeoff and cruise: Toyota making ‘flying car,’ luxury boat

TOYOTA, Japan (AP)(STL.News) — Toyota Motor Corp. is working on a “flying car.” A startup backed by the Japanese automaker has developed a test model that engineers hope will eventually develop into a tiny car with a driver who’ll be able to light the Olympic torch in the 2020 Tokyo games. For now, however, the … Continue reading Takeoff and cruise: Toyota making ‘flying car,’ luxury boat