Cars
Toyota to Boost Output of American Factories to 70% by June
The March 11 earthquake and tsunami in Japan caused severe problems to automakers all around the world, mainly due to the lack of parts, but at least Toyota seems to be recovering at a faster pace than expected. Today, the world’s largest automaker said production at its North American facilities will rise to approximately 70 percent of normal in June, up from around 30 percent in May when it was forced to idle factories for several days or reduce shifts.
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Toyota Reclaims Sales Crown From General Motors In The First Quarter Of 2012
In 2011, some two years after it went into bankruptcy, General Motors managed to recoup the top spot as the world's largest automaker, no thanks to Toyota's production problems that stemmed from the tsunami and other natural disasters that hit...
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Toyota's Gloomy New Forecast Cuts Annual Profits By More Than Half
After losing the top spot as the world's largest automaker, Toyota is now halving its profit forecast due to a number of factors, the most important of which are the production disruptions caused by the earthquake and tsunami in Japan in March and...
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Honda: Us Output To Reach 100% By August For All Models Except The New 2012 Civic Which Will Remain At 50%
Following a recent announcement from Toyota predicting an increase in North American production this summer after the problems created by the March 11 earthquake and tsunami in Japan, Honda today said that its North American factories would return to...
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Toyota Reduces North American Production Due To Lack Of Parts From Japan
The devastating consequences of the March 11 Japan earthquake and tsunami on the country’s auto industry continue to unfold. Today, Toyota Motor Corp. announced that it will reduce its North American production because of the lack of parts. The...
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Toyota And Honda Plants Shut Down After 8.9 Earthquake And Mega Tsunami Hit Japan
A massive 8.9 magnitude earthquake hit the northeast part of Japan earlier this morning triggering a 10-meter high tsunami on the coasts of the country sweeping away homes, cars and buildings. The disastrous earthquake, which was followed by many aftershocks,...
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