Last year’s massive recalls — and the resulting legal fallout — have given Toyota’s reputation a beating, cutting into its sales. But the company can’t blame all of its problems on the recalls. Analysts also point to another …
Toyota managed to hold onto the title of world’s No. 1 automaker last year, despite numerous safety recalls that took a toll on its sales. Toyota sold 8.42 million vehicles worldwide in 2010, enough to barely edge out resurgent…
With U.S. automotive dominance waning, a new moniker has emerged: the “Detroit Three.” Still, don’t count out Ford, GM or Chrysler. Their post-recession future looks strong, thanks to some agonizing restructuring. Now, they can…
Automakers recalled more vehicles last year than in any of the last six years. And while Toyota Motors accounted for much of the growth, with problems including unintended acceleration and glitchy brakes, many other car manufac…
Shares rose in Asia Wednesday. In Shanghai the Composite Index climbed 1.8% to 2,758 and in Hong Kong the Hang Seng rose 1.1% to 24,420. Japan’s Nikkei 225 Index was up 0.4%, ending the day at 10,557.
Continue …