Following Japan's earthquake and nuclear disaster that has slashed away the local output by almost two-thirds in March; the Toyota Motor Co is forced to lose its crown of being the world's largest automaker.

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.

Ford Motor Co. joined Toyota Motor Corp. as the most favorably considered auto brand by American consumers in a survey that got released today by Consumer Reports magazine.

With unprecedented quietness, Toyota Motor Corporations reaches a settlement with the families of four people who got killed in a car crash.

While one may say that the Toyota Etios will be a little late in entering the small car segment but the company considers it as a late mover advantage in the Indian market.

It is to be mentioned here that the industry watchers expect the company to price the model lower than the Swift and it is expected that it will bring high volumes for Toyota in the Indian market.

After staying into the petrol market for many years with its sedans, Toyota has recently entered into the diesel segment with the Corolla Altis diesel launch. While Corolla is one of the top selling models across the world, the company has been able to make a significant presence in the Indian market with its Corolla as well.

The freshly constructed Auris hybrid in UK by Toyota Motor Europe anticipates that it will exceed the Fiat as Europe's low-CO2 champ. Toyota Motor Europe's Environmental Affair Director, Willy Tomboy said that Toyota certainly wishes to turn out to be Europe's greenest automaker.

Production of Toyota’s new car, Auris Hybrid has started in Derbyshire. The Japanese Company has said that Auris is the first mass-produced Hybrid car of Europe and availed 400 jobs at the Burnaston plant.

Other hybrid version of Toyota models were made in Japan and U.S., but this is the first to be manufactured in the UK.

$42 million is expected to be paid by Tesla Motors for the bones of the NUMMI plant in Fremont, California. The Company, here is in a doubt to construct electric vehicles with the help of Toyota.

A U. S. federal judge on Friday reportedly selected two class-action veterans to spearhead the consolidated lawsuit against Toyota Motor Corp (7203. T) over sudden acceleration problems with its vehicles.