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Stock Market & Financial Investment News

News Breaks
April 9, 2014
05:57 EDTTMToyota announces recall of over 6M vehicles worldwide
Toyota Motor announced five recalls involving 27 Toyota models, the Pontiac Vibe and the Subaru Trezia for 6.76M vehicles. Since a few models are involved in more than one recall, the total number of vehicles that will be remedied is 6.39M, the car maker said. Toyota added that it is "not aware of any crashes, injuries or fatalities caused by these conditions." 1. Approximately 3.5M vehicles involving 17 Toyota models and the Pontiac Vibe are being recalled to replace the spiral cable assembly that is attached to the driverís side airbag module. Approximately 2.32M vehicles involving eight Toyota models are being recalled to inspect the driver's side seat rails and the passenger's side seat rails of three-door models. Approximately 760,000 vehicles involving certain Toyota Ist, Ractis, and Yaris models with tilt/telescopic steering adjustment are being recalled to inspect the steering column bracket. Approximately 160,000 Toyota Ractis vehicles in Japan only are being recalled to replace the windshield wiper motors. Approximately 20,000 vehicles involving six Toyota models and the Subaru Trezia in Japan and Hong Kong only are being recalled to replace both engine starter relays and the engine starter motor.
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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