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Toyota may pay $1 billion to settle federal criminal investigation

2014-02-12 05:32:33| Automakers - Topix.net

Toyota Motor Corp. is reportedly close to paying a $1 billion fine to settle a four-year federal criminal investigation into whether it properly reported safety complaints to regulators.

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1. Toyota to Pay $1B Fine Despite No Evidence

2014-02-11 18:34:13| AutomotiveDigest.com - Automotive Industry News

Toyota is reportedly close to a deal to cap what could be a total of $1B in government fines, despite the almost total lack of evidence from the Feds or NHTSA. Toyota continues to cooperate with U.S. attorneys (who have to wonder). READ MOREThe Article 1. Toyota to Pay $1B Fine Despite No Evidence appeared first on Automotive Digest.

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Toyota shutdown to hit 50,000 jobs

2014-02-11 04:29:56| Automakers - Topix.net

STARBUCKS says it's trying to contact the people responsible for a "Dumb Starbucks'' store that set up shop in Los Angeles.

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Toyota will end car manufacturing in Australia by 2017

2014-02-10 18:40:00| Canadian Plastics Headlines

In what will spell the final blow to the countrys auto manufacturing industry, Toyota Motor Corp. will stop making cars in Australia by the end of 2017.

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3. Toyota Home-Runs Profits 5X in 4Q

2014-02-10 10:20:37| AutomotiveDigest.com - Automotive Industry News

After capitalizing on monetary easing in U.S. overall in 2013, Toyota predicts record net in 2014. Company earned 5.2 B in 3rd Q 2013. Still says yen is an issue, and demand declines could happen. READ MOREThe Article 3. Toyota Home-Runs Profits 5X in 4Q appeared first on Automotive Digest.

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