News Breaks |
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| February 14, 2013 |
| 12:33 EDT |  | TM | Toyota announces settlement with Attorneys General of 29 states
Toyota Motor North America announced that it has reached a settlement agreement with the Attorneys General of 29 states and one U.S. territory to resolve issues related to recalls conducted by the company from 2005 to 2010. In the agreement, Toyota has committed to take steps to make vehicle information more easily accessible to consumers to help them operate their vehicles safely and make more informed choices. Toyota also agreed to continue other customer-focused initiatives. As part of this settlement, which the company announced the TMC Board had approved in December 2012, Toyota will pay $29M, to be divided among the states and the territory participating in the agreement. |
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News For TM From The Last 14 Days Check below for free stories on TM the last two weeks. |
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| May 14, 2013 |
| 15:50 EDT |  | TM | Toyota class-action settlement could cover 22M former owners, Detroit News says
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| May 10, 2013 |
| 07:09 EDT | | TM | Toyota helped by weaker yen, Bloomberg reports
Toyota’s years of fighting the yen is over, at least for now. The weakening yen breached 100 against the dollar in U.S. trading yesterday, opening the way for Japan to emerge from an unprecedented and largely uninterrupted five-year stretch where the currency’s appreciation beyond that level roiled exporters and their ability to sell cars and other products abroad, reports Bloomberg.Reference Link |
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| 06:10 EDT | | TM | On the Fly: Periodicals Wrap-Up
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| May 9, 2013 |
| 05:59 EDT | | TM | GM: Most Silverado truck sales this year will be older model, Bloombeg reports
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| May 8, 2013 |
| 06:00 EDT |  | TM | Toyota sees FY14 net revenue 1.37T yen, net income 1.37T yen
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| 05:59 EDT | | TM | Toyota remains cautious as profit grows, Reuters reports
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| 05:58 EDT | | TM | Toyota reports FY13 net income 962.16B yen vs. 283.6B yen a year ago
Reports FY13 revenue 22.1T yen vs. 18.58T yen a year ago. Toyota said major factors contributing to the increase in operating income include the positive effects from marketing activities generating 650B yen, cost reduction efforts saving 450B yen and currency fluctuations of 150B yen, which offset the negative effects from related expenses of 300B yen. Consolidated vehicle sales totaled 8.871M units, an increase of 1.519M units compared to the previous fiscal year. |
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