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Toyota posts $5.4 billion quarterly profit, raises forecast

2016-02-05 13:05:04| Automakers - Topix.net

Toyota's quarterly profit rose nearly 5 per cent as the weaker yen and cost reductions offset declining sales in some markets. The automaker raised its full-year earnings forecast.

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Toyota profit up 5% on US demand

2016-02-05 08:21:17| BBC News | Business | UK Edition

The world's biggest carmaker, Toyota, reports a 4.7% year-on-year rise in net income for the December quarter, due in part to stronger sales in the US.

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Scion brand taught Toyota what young buyers really want

2016-02-03 23:40:03| Automakers - Topix.net

Toyota announced Wednesday, Feb. 3, ... . FILE - In this Thursday, Feb. 8, 2007, file photo, the 2008 Scion xB, foreground, is unveiled along with the xD, background right, during the Chicago Auto Show in Chicago.

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Toyota discontinues Scion after years of slumping sales

2016-02-03 18:04:17| Automakers - Topix.net

Toyota Motor Corp. established Scion as a separate brand in 2003 for sale in U.S., Canada and Puerto Rico, but sales plunged following the economic recession in 2008 and never fully recovered. Sales of all models combined peaked at just over 173,000 in 2006.

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Toyota pulls the plug on Scion small car brand

2016-02-03 18:04:16| Automakers - Topix.net

Toyota Motor Corp said it will wind down its Scion brand in the United States, retreating from a 12-year effort to create a separate identity for small cars aimed at young buyers. Toyota said it will start rebadging three 2017 model Scion cars as Toyotas starting in August.

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