Toyota flags 3rd year of record profit

2015-05-08 15:00

Toyota says it will crank its net profit up to a third straight record this year as cost cuts and rising US sales offset weaker business elsewhere.

Firms unprepared for climate events - S&P

2014-10-13 19:00

Many companies are "woefully unprepared" for extreme weather which causes hundreds of billions of dollars of losses a year, says Standard & Poor's.

Japan will offer $20 000 to use greener cars

2014-07-21 15:27

Japan will offer at least $19 700 in subsidies for fuel-cell vehicles, Shinzo Abe says, as the government and Japanese car makers join forces to speed up the introduction the vehicles.

BMW, VW still going as strike hits GM, Ford

2014-07-14 11:20

A two-week pay strike by the National Union of Metalworkers of SA is taking a toll on companies supplying components to the automobile sector.

Govt intervenes to end Numsa strike

2014-07-04 12:02

Labour Minister Mildred Oliphant will meet with striking metalworkers and industry employers in an attempt to end a wage dispute that has turned violent.

Toyota names price for new fuel cell car

2014-06-25 11:53

Japanese auto giant Toyota will start selling its first fuel cell sedan this financial year, with a price tag of around $70 000.

Toyota to launch a hydrogen powered car

2014-04-17 12:36

Toyota caught its competitors by surprise with the Prius, the first successful gasoline-electric hybrid car. Now, the firm is trying to do the same with a technology that seems straight out of science fiction.

Nissan wants stake in SA's taxi business

2014-03-10 20:26

Around 1 200 new taxis are sold every month and about 80% of them are Toyota's, but Nissan is planning to make inroads into the industry after an 18-year hiatus.

Australia's last car maker calls it quits

2014-02-10 10:24

Toyota says it will stop making cars in Australia in 2017, as the car maker presses on with a R1bn investment at its Prospecton plant in Durban.

Toyota bets on SA with R1bn investment

2014-02-05 17:00

Toyota's R1bn investment in producingits new Corolla model in South Africa, is seen as a vote of confidence in the local auto sector despite strikes last year.


Toyota to replicate Prius success with Mirai

2014-11-18 15:05

Toyota Motor will introduce its first fuel cell car, hoping to replicate the success of its Prius hybrid with a car that runs on hydrogen instead of gasoline.

Quarterly profits and sales rise at Toyota

2014-08-05 09:30

Toyota's net profit in the April-to-June quarter has grown 4.6% from a year earlier to ¥587.7bn due to a weaker yen and cost-reduction measures.

Future of Toyota in hydrogen fuel cells

2014-07-17 11:09

Rocket science long dismissed as too impractical and expensive for everyday cars is getting a push into the mainstream by Toyota, the world's top-selling automaker.

Ford says it's committed to SA

2014-07-10 17:15

Ford has a long-term commitment to South Africa and says future products will be made known soon, playing down concerns about strikes.

Business as usual for Toyota despite strike

2014-07-04 11:37

Japanese automaker Toyota says its business has not been impacted by a strike that has hit the supply of components to the local industry.

Toyota's annual sales top 10m units

2014-04-23 11:17

Toyota Motor says its group's global sales has grown in the previous financial year thanks to robust sales in China and the United States.

Toyota to pay $1.2bn penalty over safety

2014-03-20 10:01

Toyota will pay a record $1.2bn to resolve a criminal probe into safety issues in a deal that could show US authorities' approach.

Automakers tap smartphone technology

2014-03-03 16:45

Carmakers are tapping smartphone technology to spruce up low-cost city cars and try to get an edge in austerity-scarred Europe.

Sliding rand boosts and burdens companies

2014-02-09 13:00

The tumbling rand has been both a blessing and a curse for corporate South Africa, ranging from a windfall for mining houses to saddling manufacturers.

Toyota invests R1bn in SA plant for new Corolla

2014-02-05 07:45

The KwaZulu-Natal provincial government is teaming up with Toyota SA to strengthen the automobile sector in South Africa.

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