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BUSINESS
June 14, 1994 | From Times Staff and Wire Reports
Toyota Shifts U.S. Truck Production: Toyota Motor Sales U.S.A. plans to move all production of its compact pickup trucks for the U.S. market to its joint venture plant in Fremont, Calif. New United Motor Manufacturing Inc., the venture with General Motors, is scheduled to pick up the production of tens of thousands of the trucks from Hino Motors Ltd. in Japan, beginning with the 1995 models. Toyota said the decision will help it avoid currency problems and U.S.
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BUSINESS
June 7, 2002 | JOHN O'DELL, TIMES STAFF WRITER
Toyota Motor Manufacturing Co. said Thursday that it will establish Southern California's first new vehicle assembly plant in half a century at the site of its pickup truck-bed manufacturing plant in Long Beach. The facility will begin assembling medium-duty commercial panel trucks for Toyota subsidiary Hino Motors in 2004, when the truck-bed manufacturing operation is moved to a new Toyota plant being built just outside Tijuana.
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BUSINESS
June 7, 2002 | JOHN O'DELL, TIMES STAFF WRITER
Toyota Motor Manufacturing Co. said Thursday that it will establish Southern California's first new vehicle assembly plant in half a century at the site of its pickup truck-bed manufacturing plant in Long Beach. The facility will begin assembling medium-duty commercial panel trucks for Toyota subsidiary Hino Motors in 2004, when the truck-bed manufacturing operation is moved to a new Toyota plant being built just outside Tijuana.
BUSINESS
June 14, 1994 | From Times Staff and Wire Reports
Toyota Shifts U.S. Truck Production: Toyota Motor Sales U.S.A. plans to move all production of its compact pickup trucks for the U.S. market to its joint venture plant in Fremont, Calif. New United Motor Manufacturing Inc., the venture with General Motors, is scheduled to pick up the production of tens of thousands of the trucks from Hino Motors Ltd. in Japan, beginning with the 1995 models. Toyota said the decision will help it avoid currency problems and U.S.
BUSINESS
April 17, 2008 | From Times Wire Services
Toyota Motor Corp. subsidiary Hino Motors Ltd. will stop making trucks in Long Beach as high oil prices and the credit crisis squelch demand. Truck production at TABC, a parts maker that has an assembly line for Hino trucks, will be moved to a plant in West Virginia by July. Hino produced 4,800 trucks in the fiscal year that ended March 31 at the Long Beach plant. It will continue to make parts for Toyota.
BUSINESS
December 22, 2004 | From Associated Press
Toyota Motor Corp., Japan's top automaker, hopes to sell more than 8 million vehicles worldwide next year and plans to introduce a hybrid version of its luxury sedan Lexus GS in 2006, company executives said Tuesday. The Toyota group, which includes Daihatsu Motor Co. and truck maker Hino Motors Ltd., is targeting global vehicle sales of 8.03 million in 2005, up 7% from the 7.47 million vehicles expected this year, President Fujio Cho said.
BUSINESS
October 20, 2004
* Hino Motors Ltd., Japan's largest maker of medium- and heavy-duty trucks, began production at a Long Beach factory run by Toyota Motor Corp., the company's chairman said. * Fannie Mae, the biggest financer of U.S. home loans, said the Securities and Exchange Commission had opened a formal investigation after the company's federal regulator reported accounting errors. * General Motors Corp. and Ford Motor Co.
BUSINESS
October 30, 2008 | the associated press
General Motors Corp. said Wednesday that reduced demand in the U.S. and Western Europe had pushed the company's third-quarter worldwide sales down 11%, as GM fell further behind Toyota Motor Corp. for this year's No. 1 global sales spot. GM sold 2.11 million vehicles in the third quarter, while Toyota's sales for the period fell 4% to 2.24 million. The results bring GM's total sales for the year through September to 6.66 million vehicles compared with Toyota's 7.05 million.
BUSINESS
November 8, 2006 | From Bloomberg News
Toyota Motor Corp. predicted Tuesday that it would earn more than any other Japanese company this fiscal year after overseas sales jumped, boosted by a weaker yen. The automaker also bought a stake in smaller Japanese rival Isuzu Motors Ltd. to gain access to diesel engine technology as it works to expand its reach in Europe. Toyota, the world's second-largest automaker, said net income would rise 13% to 1.55 trillion yen ($13 billion) in the year ending March 31.
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