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Toyota posted slightly weaker-than-expected profits for its fiscal second quarter Tuesday, but said a weaker yen, accelerated cost cuts and improving markets in China and North America should boost full year profits.
Cars from Toyota, Mazda, Audi and BMW rank higher in reliability than Tesla's vehicles.
With CEO Marchionne stepping down, management now becomes a minus not a plus.
From Kodak to Toyota, here's Wednesday's biggest business headlines.
U.S. stock futures pull back sharply on Wednesday, amid a surge in global oil prices and a rise in government bond yields.
Toyota's solid U.S. market share, coupled with a weaker yen exchange rate, will boost full-year earnings and fuel President Donald Trump's criticism of the Japanese auto industry.
Tesla has first-mover advantage with electric cars yet again, this time apparently with a 100% -owned factory planned for Shanghai. Its competitors never learn.
Global push to hybrid vehicles is boosting palladium demand as precious metal tops all commodities with year-to-date gains
Producers and importers will need to get a clean energy score
China's aggressive clean energy car targets in the world's biggest market could ignite deeper investments from global automakers.
Toyota is buying a 5% stake in Mazda.
These are some hot names.
Investors await a key employment report from the United States.
Toyota and Mazda confirm investment plans in latest Trump coup
U.S. stock futures pointing to mild gains for Wall Street on Friday, ahead of the U.S. jobs report for July.
Toyota Motor Co. will take a stake in rival Mazda Motor Corp
Toyota Motor Co. will take a stake in rival Mazda Motor Corp.
The problem is that water can get into the brake caliper and cause the shaft to corrode and bind.
Toyota, Mazda, BMW and Subaru will contribute $553 million to settle victim claims.
The fourth generation of the two-seater from Japan should cost in the neighborhood of $30,000.
Japanese stocks are on a roll with Shinzo Abe due to meet the new president on Friday, but Trump's stance on trade with the world's third-biggest economy is anyone's guess.
Investors show confidence as companies benefit from a weaker yen and Abenomics.
The bank added Yamaha Motor, TDK, Alps Electric, Hitachi Construction Machinery, Mitsui OSK Lines, Olympus, and Nomura Holdings to its focus list.
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