The Japanese automaker’s bottom line is likely to have been hit by its many safety recalls, weaker U.S. sales and Japan’s rising currency. Analysts forecast Toyota will report a quarterly profit of about $1 billion on sales of …
The world’s largest automaker is looking to reduce managerial staff at its sales headquarters in Torrance, Calif., by offering workers a buyout.
Continue reading Toyota Offers California Employees Buyouts to Sl…
New technology is leading to changes in business relationships between airlines and online ticketing sites. It’ll take a while for the new landscape to settle down, but the near-term result could be potential windfalls for some…
Union employees at Chrysler Group will receive a $750 bonus next week as an acknowledgment of their contributions in helping to revive the once-bankrupt company, the automaker said Monday. Salaried workers, excluding the compan…
Back in 2009, General Motors applied to the Department of Energy for $14.4 billion in loans to help it manufacture more fuel-efficient vehicles. Today, with the automaker making big strides in turning around its business, GM sa…