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Toyota Motor Corp., the world’s biggest automaker, is being offered $146.5 million in tax incentives by Kentucky to expand a plant in the state that’s already the company’s largest in North America.
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For Bain Capital Partners LLC, Mitt Romney may not be in the room anymore when the firm pitches the $6 billion fund it began raising last week. His shadow sure is.
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Tesla Motors Inc., maker of electric Roadster sports cars, said today it reached a three-year agreement with Toyota Motor Corp. to supply powertrain equipment worth about $100 million.
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Toyota Motor Corp. gained the most in more than two years in Tokyo trading as carmakers and suppliers began to reopen factories closed after Japan’s strongest earthquake on record.
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Toyota Motor Corp. expects assembly “interruptions” in North America and delayed sales of a new Prius model in its home market as the company grapples with the aftereffects of Japan’s strongest earthquake on record.
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Honda Motor Co. and Toyota Motor Corp.’s North American plants, stalled by parts shortages a year ago, are leading an industrywide assembly surge buoying cities from the Midwest to the deep South amid a languid U.S. economy.
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Ford Motor Co. Chief Executive Officer Alan Mulally has suggested that his stylish new Fusion sedan is seeking sales supremacy over Toyota Motor Corp.’s Camry. That’s not exactly what the boss wants, executives said.
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Toyota Motor Corp. was already counting on the revamped Camry to spark a U.S. sales rally. The carmaker’s flagship model is now under additional pressure as a stronger currency and Thailand’s floods cut into profit.
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Toyota Motor Corp. resumed full production at all North American plants this week and said it will expand U.S. output of small engines as Japan’s largest automaker works to boost sales slowed by a March earthquake.
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Toyota Motor Corp. is resurrecting plans to complete a plant in Mississippi 18 months after mothballing the facility as U.S. sales collapsed.
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