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February 5, 2013
06:17 EDTTMToyota raises FY13 net income outlook to 860B yen from 780B yen
Raises FY13 revenue outlook to 21.8T yen from 21.3T yen. Toyota revised its consolidated vehicles sales forecast for fiscal year 2013 from 8.75M units to 8.85M units, an increase of 100,000 units from the previous forecast announced in November 2012, due to the increased overseas vehicle sales, mostly in North America. The company said, "Given increased overseas vehicle sales mostly in North America, progress in our companywide profit improvement activities and the slight weakening of the yen, we have revised upwardly our consolidated forecast for the current fiscal year to 1.15 trillion yen and also forecast a full-year profit on an unconsolidated basis, our first in five years."
News For TM From The Last 14 Days
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November 25, 2015
08:37 EDTTMToyota to recall Takata air bag inflators previously ruled safe, NY Times says
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06:29 EDTTMTakata manipulated air bag testing data as early as 2000, NY Times reports
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05:58 EDTTMToyota recalls 1.6M cars after Nissan air bag injury, Bloomberg reports
Toyota (TM) reissued a recall for 1.6M cars in Japan over Takata air bags, reports Bloomberg. The recall comes after a component that was deemed safe in a Nissan (NSANY) vehicle ended up injuring a passenger last month. Reference Link
November 23, 2015
10:37 EDTTMFord no longer using Takata air bag inflators in future cars, AP reports
Ford (F) will stop using air bag inflators manufactured by Takata (TKTDY) in future vehicles, the Associated Press reports. The company joins Honda (HMC), Toyota (TM), and Nissan (NSANY) in choosing not to put the inflators in vehicles currently under development, the report says. Reference Link
November 18, 2015
09:32 EDTTMThe House Oversight & Government Reform Committee to hold a hearing
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06:32 EDTTMToyota's Mirai gaining traction in California, Reuters says
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