Latest Toyota Motor Corp News

FILE - In this April 24, 2020, file photo, a man wearing a face mask to help stop the spread of the new coronavirus stands in a middle of a walking street in the Shinjuku ward in Tokyo. Recession-hit Japan's exports plunged nearly 22% in April, the country's worst drop in more than a decade as the coronavirus pandemic slammed global demand, the Finance Ministry said Thursday, May 21, 2020. (AP Photo/Eugene Hoshiko, File)

Recession-hit Japan's exports, imports fall due to pandemic

May. 21, 2020 1:42 AM EDT

TOKYO (AP) — Recession-hit Japan's exports plunged nearly 22% in April, marking their worst drop in more than a decade, as the coronavirus pandemic slammed global demand for autos, machinery and chemicals. Imports fell 7% from a year earlier, according to Finance Ministry data released Thursday. The drop...

A currency trader talks near screens at the foreign exchange dealing room in Seoul, South Korea, Friday, May 15, 2020. Asian shares were mixed Friday as markets meandered on news about economies reopening, mixed with worries about the prolonged health risks from the new coronavirus. (AP Photo/Lee Jin-man)

Asian shares mixed as stocks meander on pandemic worries

May. 14, 2020 11:41 PM EDT

TOKYO (AP) — Asian shares were mixed Friday as markets meandered on news about economies reopening, mixed with worries about the prolonged health risks from the new coronavirus. Japan's benchmark Nikkei 225 edged down nearly 0.2% to 19,881.46 in morning trading. South Korea's Kospi fell 0.3% to 1,919.51....

A man wearing face mask walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Thursday, May 14, 2020. Asian shares declined Thursday on pessimism about life getting back to normal soon amid the coronavirus pandemic, even as Japan prepared to let businesses reopen in some regions. (AP Photo/Vincent Yu)

Asian shares fall as hopes fade for quick economic rebound

May. 13, 2020 11:28 PM EDT

Asian shares declined Thursday on pessimism about life getting back to normal soon amid the coronavirus pandemic, even as Japan prepared to let businesses reopen in some regions. Japan's Nikkei 225 slipped nearly 0.8% in morning trading to 20,112.00. Australia's S&P/ASX 200 lost 0.9% to 5,370.80. South...

A woman wearing face mask walks past a bank electronic board showing the Hong Kong share index in Hong Kong, Wednesday, May 13, 2020.  Shares fell in Asia on Wednesday after Wall Street logged its biggest loss since the start of the month on worries about the downside of reopening the economy too soon. (AP Photo/Vincent Yu)

Asian shares track Wall Street retreat on virus rebound fear

May. 12, 2020 11:55 PM EDT

Shares fell in Asia on Wednesday after Wall Street logged its biggest loss since the start of the month on worries about the downside of reopening the economy too soon. Benchmarks slid in Tokyo, Shanghai and Hong Kong but rose in Taiwan. The top U.S. infectious diseases expert, Dr. Anthony Fauci, told Congress...

FILE - In this July 31, 2019, file photo, Honda cars are displayed at the automaker's headquarters in Tokyo. The Japanese automaker sank deeper into losses for the fiscal quarter ended in March, 2020, as the damage to the industry set off by the coronavirus outbreak hurt sales and crimped production.  Tokyo-based Honda reported Tuesday, May 12, 2020, a January-March loss of 29.5 billion yen ($276 million).  (AP Photo/Koji Sasahara, File)

Honda sinks deeper into quarterly losses on virus outbreak

May. 12, 2020 5:22 AM EDT

TOKYO (AP) — Japanese automaker Honda Motor Co. sank deeper into losses for the fiscal quarter that ended in March, as the damage to the industry from the coronavirus outbreak hurt sales and crimped production. Tokyo-based Honda reported Tuesday a January-March loss of 29.5 billion yen ($276 million). ...

FILE- This Feb. 15, 2018, file photo shows the Toyota logo on the trunk of a 2018 Toyota Prius on display at the Pittsburgh Auto Show. Toyota Motor Corp. reported Tuesday, May 12, 2020 a sharp plunge in fiscal fourth quarter profit as the global pandemic slammed vehicle sales and halted production at its auto plants. (AP Photo/Gene J. Puskar, File)

Toyota profit drops on virus outbreak but recovery expected

May. 12, 2020 2:22 AM EDT

TOKYO (AP) — Toyota Motor Corp. reported Tuesday a sharp plunge in fiscal fourth quarter profit as the global pandemic slammed vehicle sales and halted production at its auto plants. Japan's top automaker logged a net profit of 63.1 billion yen ($590 million) for the quarter ended in March, nose-diving 86%...

People wearing a face mask to help curb the spread of the coronavirus stand near an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, May 8, 2020. Asian shares surged Friday on optimism the worst of the economic fallout from the pandemic may be over, as Wall Street logged its biggest rally in a week.(AP Photo/Eugene Hoshiko)

Stocks rise on hopes that awful jobs report marks the bottom

May. 8, 2020 5:00 PM EDT

Wall Street doubled down on its bet that the worst of the recession has passed, sending stocks higher again on Friday despite another historic, crushing report on the job market. Stocks around the world were already rising before the U.S. government gave its monthly report on jobs, in part on hopes that the U.S....

FILE - In this Sunday, April 26, 2020, photograph, a long row of unsold 2020 Renegades sits at a Chrysler/Jeep dealership in Englewood, Colo.  Edmunds analysts had anticipated more than a million leased vehicles coming back to car dealerships this quarter. But due to countless shelter-in-place orders due to coronavirus concerns, many people will face the question of how to safely handle their vehicle’s lease return or whether they can return their vehicle at all.(AP Photo/David Zalubowski)

Edmunds: How to manage your lease during the pandemic

May. 6, 2020 7:47 AM EDT

The coronavirus pandemic has significantly changed the way we live and conduct business in this country. Take, for instance, the act of terminating a vehicle lease. Edmunds analysts had anticipated more than a million leased vehicles coming back to car dealerships this quarter. But due to countless...

FILE - In this March 2, 2020, file photo, commuters wearing masks stand in a packed train at the Shinagawa Station in Tokyo. When the Japanese government declared an emergency to curb the spread of the coronavirus earlier April and asked people to work from home, crowds rushed to electronics stores. Many Japanese lack the basic tools needed to work from home. Contrary to the ultramodern image of Japan Inc. with its robots, design finesse and gadgetry galore, in many respects the country is technologically challenged.  (AP Photo/Jae C. Hong, File)

Low-tech Japan challenged in working from home amid pandemic

Apr. 26, 2020 8:18 PM EDT

TOKYO (AP) — When the Japanese government declared an emergency to curb the spread of the coronavirus earlier this month and asked people to work from home, crowds rushed to electronics stores. So much for social distancing. Many Japanese lack the basic tools needed to work from home. Contrary to the...

Bill Merkle works on making protective masks in Warren, Mich., Thursday, April 23, 2020. General Motors has about 400 workers at the now-closed transmission plant in suburban Detroit. All over the country, blue-collar and salaried workers have raised their hands to make medical equipment as companies repurpose factories to answer calls for help from beleaguered nurses, doctors and paramedics who are treating patients with the highly contagious new coronavirus COVID-19. (AP Photo/Paul Sancya)

Despite risks, auto workers step up to make medical gear

Apr. 25, 2020 7:17 PM EDT

DETROIT (AP) — Cindy Parkhurst could have stayed home collecting most of her pay while the Ford plant where she normally works remains closed due to coronavirus fears. Instead, she along with hundreds of workers at Ford, General Motors, Toyota and other companies has gone back to work to make face...