Toyota Motor Corp. Shuts Dow Plant in Thailand

Friday, May 14th, 2010

Carmaker Toyota Motor Corp. – which happens to be the world’s biggest carmaker – will reportedly stop production at a Thai plant, as it plans to move its output into the Southeast Asian nation.

According to the company spokeswoman Monika Saito, Toyota will shift production of the Hilux Vigo and Fortuna trucks to two of [...]

Prius problems deepen Toyota woes

Saturday, February 6th, 2010

Toyota’s troubles multiplied its flagship Prius hybrid became the latest model to be targeted in an expanding web of US investigations. Toyota decided to recall an estimated 270,000 Prius cars in Japan and the US to fix the brake problem.

The Japanese automaker has been hit by a whirlwind of safety concerns around the globe and [...]