Japan was shaken up severely by March earthquake, but the impact of earthquake on Japan's economy can still be seen. Toyota, the world's biggest automaker, has announced a decline in its first half net profit of this year. The manufacturer has blamed that the earthquake had caused a drift in its profit.

The domestic production of the Toyota Motors is being expected to come back to its normal position by the end of this year, which was suspended after the devastating quake and tsunami of March 11.

The Toyota Motor Corp. said that the production will return to the normal position in July, while the production in foreign countries will normalize in August.

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.

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.

Renowned carmaker Toyota has announced a recall of 2.17 million automobiles manufactured by the Company. The reason behind the recall has been stated to be because the accelerator pedal of a majority of these cars got stuck into floor mats on occasions. The Company will be trying to find out ways to prevent this from happening.

The votes have been taken and Toyota just made it official with Prii being the plural of Prius.

Toyota Motor Corp is very likely to report a massive fall in its quarterly profits on Tuesday affected by tanking Japanese car sales and a strong yen, showing its damaging exposure to the loss-making export business.

Confident shoppers have doled out for fuel-efficient new cars. Small business owners bought trucks, enhancing sales of auto in the month of January to reach a double-digit rise from depressed previous year’s levels.