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Stock Market & Financial Investment News

News Breaks
February 14, 2014
11:05 EDTTMToyota recalls 261K vehicles due to brake system issue
Toyota is recalling certain model year 2012 and 2013 Tacoma and Lexus RX350 vehicles and certain model year 2012 Rav4 vehicles. In the affected vehicles, the brake system contains a brake actuator that adjusts the fluid pressure of each wheel cylinder. An electrical component within the actuator may experience an increased resistance and if this occurs, these systems could become inoperative, reducing the directional control assistance, increasing the risk of a crash. The potential number of units affected is 261,114, according to a notice posted to the website of the NHTSA.
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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