But Significance Pales Before GM Problems. Toyota Trying To Get On Top Of Recalls By Being A Bit Proactive. Toyota also had its feathers ruffled by announcing an embarrassing recall, but although it was a massive 6.5 million vehicles, the impact was not likely to be as dangerous for its future as the GM experience. […]
Tag Archives | Toyota Recall
Toyota Expects Profit Record, But Prius Recall Clouds Outlook
1.9 Million Prius Hybrids Recalled, More Than Half Of Total Made. Just when investors in Toyota thought the worst news was behind them, news broke about the massive Prius recall. Investors had hung on through the 2011 tsunami-earthquake and the unintended acceleration bad times. Things had started to turn around thanks in no small way […]
Shock From Huge New Toyota Recall Quickly Dissipates
Cost To Fix The Problem Won’t Exceed $400 Million VW Modular Plans Potentially Threaten Similar Ructions Toyota’s massive, 7.4 million vehicle recall isn’t the big deal it might have seemed initially and will be relatively cheap to fix, with no nasty ramifications for brand integrity, unlike the last one. Investment bankers estimated the cost to […]
Toyota Emerges From Troubles Expecting To Double Profit
Currency Prospects Cast Shadow Over Prospects Though Toyota of Japan is emerging from a dark tunnel into the sunlight and expects to more than double net profit in the current financial year. Toyota was hit by high profile safety recalls of some of its vehicles and that was compounded by the earthquake/tsunami natural disasters at […]
Toyota Exonerated By U.S. Safety Authorities
News Will Boost Toyota Image In U.S., Revive Sales Company Raises Profit Forecast, As Yen Strength Abates At last, some good news for Toyota, the world’s biggest car company in terms of sales, and much else besides. The U.S. safety authorities announced that the technology in Toyota and Lexus vehicles was not responsible for crashes […]
Stunned Toyota Seeks To Ride Out The Storm
Toyota Sought To Expand Too Quickly, Forgetting Key Principles VW Might Want To Think Again As It Gears Up For Massive Expansion “not many Ford buyers still remember the saga of the exploding Pintos in the 1970s, or more recently, toppling Explorers” Toyota has played a starring role in news bulletins around the world for […]
Toyota Hit By Massive Recall In The U.S.
Company “Grasping for Salvation” As Global Sales Dive A year ago, General Motors was a basket case, and Toyota looked like becoming not only the most profitable car company in the world, but the biggest seller too. GM has since fallen into bankruptcy and has been rescued by the U.S. government, but Toyota has become […]