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Stock Market & Financial Investment News

News Breaks
December 28, 2012
17:18 EDTTMHagens Berman: Toyota acceleration settlement receives preliminary approval
A U.S. District Judge granted preliminary approval to a settlement valued at more than $1B between Toyota and an estimated 19M current and former Toyota owners who claim their vehicles contain defects causing sudden, unintended acceleration, according to a release from Hagens Berman, the firm representing Toyota owners in the case. On June 12, 2013, Judge Selna will hold a fairness hearing and will weigh granting the proposed settlement final approval. Consumers who wish to take part in the settlement must submit a claim form by July 29, 2013.
News For TM From The Last 14 Days
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March 27, 2015
06:27 EDTTMToyota unveils new manufacturing process, WSJ says
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March 23, 2015
09:05 EDTTMToyota to partner with I.D. Systems on new VMS
Toyota (TM) Material Handling, U.S.A., and I.D. Systems (IDSY) have executed a strategic partnership agreement to develop and deploy a new wireless industrial Vehicle Management System, or VMS. The new VMS will be marketed through the Toyota Industrial Equipment umbrella in North America under the "T-Matics" brand. The T-Matics products were officially launched to Toyota dealers on March 3.
March 22, 2015
17:42 EDTTMToyota close to approving Mexico plant, Reuters says
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March 17, 2015
06:13 EDTTMToyota to offer biggest pay increase for workers in 13 years, WSJ reports
Toyota will raise wages for its workers by the most in 13 years, The Wall Street Journal reports. According to a source, the automaker will raise the monthly pay for a unionized worker in Japan by about 3.2% on average beginning in April; workers will be offered a Y4,000 raise in monthly base pay and a Y7,300 raise in seniority pay, the source adds. Reference Link

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