Toyota Motor Corp. is moving substantial parts of its U.S. headquarters in Torrance, California, to suburban Dallas as the world’s largest automaker seeks savings from its U.S. sales unit, people familiar with the matter said.
Toyota Motor Corp. , the world’s biggest carmaker, said it’s beginning a voluntary severance program at its U.S. sales unit in California and asking some workers at operations in Europe to consider early retirement.
A lawyer for Facebook Inc. said she was “unsure” whether company founder Mark Zuckerberg signed a contract that purportedly entitles a New York man to 84 percent of the world’s biggest social-networking service.
Toyota Motor Corp. halted auto exports to Iran to avoid conflict with U.S. and United Nations sanctions over Iran’s nuclear program, Nikkei English News reported, without saying where it got the information.
Toyota Motor Corp.’s plan to source cars from Mazda Motor Corp.’s Mexican plant starting in 2015 highlights global automakers’ growing reliance on the Latin American nation for quality production as well as lower costs.
Toyota Motor Corp. and Sony Corp., two of Japan’s biggest manufacturers, are facing worst-case scenarios of long-term production shortfalls as scores of plants remain closed and workers are idled in the aftermath of the March 11 earthquake and tsunami.
Oracle Corp. , in a trial that began today against SAP AG , wants at least $2.3 billion in damages for what its German rival acknowledges were a now-defunct unit’s “inappropriate” downloads of Oracle materials.