Toyota has decided to collaborate with Microsoft in order to develop an in-car electronics system for its vehicles and it is believed that this system would help the Toyota's battery-powered vehicles to work in a more efficient manner.
Toyota that was held responsible for causing a doctor's 2005 scion to suddenly accelerate and smash into a tree has been freed by the Federal jury in Central Islip, New York. It's the first verdict by a U. S. jury regarding sudden acceleration issues involving Toyota vehicles.
Toyota Motor Corp., the world’s largest automobile industry claimed that its profits have been hit after Japan was hit by a powerful earthquake and tsunami last month. This has caused a huge decline in the automobile sales in the entire country.
The Japan's Toyota Motor Corp. has resumed its production after suspending the operations for past two weeks. The company had postponed its operations due to the earthquake and resulting tsunami which killed more than 9,800 people and damaged many factories. The motor company will start the production of Prius and two Lexus models.
Toyota Motor Corp.'s (TM, 7203. TO) sales of auto in the US market went up by forty two percent in February due to robust sales of cars, sport-utility vehicles and small vans. The company’s figures bounced back from the decline of the previous year.