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<title><![CDATA[RSS for Daihatsu]]></title>
<description><![CDATA[Daihatsu Motor Co., Ltd., owned by Toyota Motor Corp., is the oldest Japanese manufacturer of cars, known mostly for its smaller models and off-road vehicles.]]></description>
<link><![CDATA[http://search.autonews.com/]]></link>
<atom:link xmlns:atom="http://www.w3.org/2005/Atom" type="application/rss+xml" rel="self" href="http://search.autonews.com/urss?pageid=1242699"/>
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<title><![CDATA[Toyota's 10 million plan: Common parts, randd]]></title>
<link><![CDATA[http://europe.autonews.com/article/20130503/ANE/305039998/toyotas-10-million-plan-common-parts-rd]]></link>
<guid>http://europe.autonews.com/article/20130503/ANE/305039998/toyotas-10-million-plan-common-parts-rd</guid>
<pubDate><![CDATA[Fri, 03 May 2013 00:01:00 EDT]]></pubDate>
<description><![CDATA[N EW YORK -- Toyota Motor Corp. President Akio Toyoda is banking on an overhauled randd strategy to kick the company his grandfather founded into growth mode after four years of crises. The strategy will help boost Toyota's global sales beyond 10 million units a year, Toyoda told Automotive News ...]]></description>
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<title><![CDATA[The 10 million plan: Common parts, randd]]></title>
<link><![CDATA[http://www.autonews.com/article/20130429/OEM01/304299982/the-10-million-plan-common-parts-rd]]></link>
<guid>http://www.autonews.com/article/20130429/OEM01/304299982/the-10-million-plan-common-parts-rd</guid>
<pubDate><![CDATA[Mon, 29 Apr 2013 00:01:00 EDT]]></pubDate>
<description><![CDATA[N EW YORK -- Toyota Motor Corp. President Akio Toyoda is banking on an overhauled randd strategy to kick the company his grandfather founded into growth mode after four years of crises. The strategy will help boost Toyota's global sales beyond 10 million units a year, Toyoda told Automotive News . ...]]></description>
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<title><![CDATA[Toyota outsells GM worldwide for 5th straight quarter]]></title>
<link><![CDATA[http://www.autonews.com/article/20130424/GLOBAL/304249652/toyota-outsells-gm-worldwide-for-5th-straight-quarter]]></link>
<guid>http://www.autonews.com/article/20130424/GLOBAL/304249652/toyota-outsells-gm-worldwide-for-5th-straight-quarter</guid>
<pubDate><![CDATA[Wed, 24 Apr 2013 12:19:23 EDT]]></pubDate>
<description><![CDATA[TOKYO (Bloomberg) -- Toyota Motor Corp. outsold all automakers for a fifth straight quarter as the yen's depreciation sharpens the Japanese company's edge over General Motors and Volkswagen AG. Worldwide sales at Toyota, including those of subsidiaries Hino Motors Ltd. and Daihatsu Motor Co., ...]]></description>
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<title><![CDATA[Kia eyes BMW, Audi; aims to add technology]]></title>
<link><![CDATA[http://europe.autonews.com/article/20130405/ANE/304059999/kia-eyes-bmw-audi-aims-to-add-technology]]></link>
<guid>http://europe.autonews.com/article/20130405/ANE/304059999/kia-eyes-bmw-audi-aims-to-add-technology</guid>
<pubDate><![CDATA[Fri, 05 Apr 2013 00:01:00 EDT]]></pubDate>
<description><![CDATA[SEOUL -- When Lee Soon-nam joined Kia Motors Corp. three decades ago, his job was buying engines for Kia's vehicles from Japanese rivals such as Hino Motors Ltd. and Daihatsu Motor Co. At international motor shows, Kia's executives spent their time scrutinizing the latest models from Japan. The ...]]></description>
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<title><![CDATA[Laborers line up for temp jobs]]></title>
<link><![CDATA[http://www.autonews.com/article/20130401/OEM01/304019983/laborers-line-up-for-temp-jobs]]></link>
<guid>http://www.autonews.com/article/20130401/OEM01/304019983/laborers-line-up-for-temp-jobs</guid>
<pubDate><![CDATA[Mon, 01 Apr 2013 00:01:00 EDT]]></pubDate>
<description><![CDATA[TOYOHASHI, Japan -- With each squeeze of the handgrip, shop worker hopeful Yasuyuki Morishita felt his chances melt away. Like the dozens of other applicants on hand, he needed this job at Toyota Auto Body Co. making Land Cruiser SUVs, even if it was just contract work without high pay or the long-term security of a full-time job. The half-day tryout showed once again that Japan is a buyer's market for labor. First came the deep knee-bend appraisal. Then the timed bolt-fastening drill. Now the hand-strength assessment. Morishita, who asked that his real name not be used, wrapped a hand around the hilt and squeezed his hardest. To make the grade, he had to push the needle on a pressure sensor past a red line with each grip. "I thought, 'This is no use,'" Morishita recalled of that cold January day last year. "I just didn't have the hand strength." For Japan's blue-collar class, it's a different world from the heady days of the 1980s and 1990s. These days, pay, security and benefits have stagnated as local manufacturing struggles against the yen's appreciation and the pressures of globalization. Full-time workers at Toyota Motor Corp., including managers, earned an average salary of andyen;7.4 million last year, or about $80,600 at today's exchange rate. That was down about 11 percent from about $90,300 in 2008 before the financial crisis. Figures for the entire auto industry are unavailable. But in Japan's manufacturing sector as a whole, the number of contract workers has hovered around 2 million since 2000. Meanwhile, the number of full-time workers shrank from 8.96 million in 2000 to 7.42 million in 2010. Temps now account for more than one in four manufacturing jobs in Japan. From job to job For much of the past decade, Morishita, a gaunt 48-year-old with salt-and-pepper hair, has bounced from job to job, a reluctant member of those growing legions. He has worked for 13 companies, including Daihatsu, Honda Foundry, Bosch and the shock absorber maker Showa. Temps are the new face of labor here. For them, Japan's fractured model of lifetime employment is little more than a pipe dream. Morishita's previous work, inspecting condensers at an electronics component plant, lasted just six months before demand dropped and he was cut loose. It took him three months to find that job, and he didn't want to run the risk of another protracted search. So in December 2011 he moved halfway across Japan, from the Tokyo region to the Nagoya area, hoping his luck would change. The following month he came across the opportunity at Toyota Auto Body. It ended with an interview before three plant managers. "They asked if I wanted the job. And of course I said, 'Yes,'" Morishita recalled. "They shot back, 'Every man here says yes. We want to know what you can contribute to the company.' It was the first time I'd ever been asked that. I was really struggling." It took only a week for Morishita's rejection notice to arrive. But within a month he managed to find work at a major Japanese supplier, inspecting automatic transmissions. Of the 50 or so people who applied, only three were taken, he said. He gets the equivalent of about $15.25 an hour, but has only a five-month contract that can be renewed through 2014 -- if sales hold. If not, he'll be cut loose, like he was before. "They just keep a bare minimum of regular workers to run things when business is slow," Morishita said. "For us, it amounts to just using people and throwing them away." Morishita lives in a company dormitory that harks back to the company towns of the early 1900s. It opened last year and houses 400 workers, Morishita says. Each apartment is no bigger than a hotel room. The bathroom and toilet are communal and down the hall. He rents a TV from the company and isn't allowed to cook in his room. Once a month, an inspector visits to ensure his apartment is tidy. If not, workers get reprimanded, Morishita said. On the plus side, monthly rent is only $103. "It's brand-new and very nice. It even comes with a closet and drawers for shirts and shoes," Morishita said. "At other companies, I was paying the same to live in dorms 30 years old." Morishita is not married; workers can't live in a company dormitory if they are. "I wonder if I could support a family," he said when asked. Morishita's company allows temporary workers to take a biannual test to join the shrinking ranks of mainstream employees. Morishita failed his first try last fall. To discourage overreliance on temporary help, labor laws limit how long contract workers can work for the same company. So Morishita may again be looking for a job when his contract expires next year. His options don't look good. "I'll be over 50 then, so it will be really hard to find work," Morishita said. If he washes out of autos, he may try his hand at custodial work. He may even join the radiation cleanup crews at the Fukushima nuclear plant wrecked by the 2011 tsunami. "I thought about working there and talked to one person," Morishita said. "But he said, 'No, don't do it. You are still too young, and should consider it only as your last resort.'"]]></description>
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<title><![CDATA[Kia aims to add technology, protect quality]]></title>
<link><![CDATA[http://www.autonews.com/article/20130401/OEM01/304019943/kia-aims-to-add-technology-protect-quality]]></link>
<guid>http://www.autonews.com/article/20130401/OEM01/304019943/kia-aims-to-add-technology-protect-quality</guid>
<pubDate><![CDATA[Mon, 01 Apr 2013 00:01:00 EDT]]></pubDate>
<description><![CDATA[SEOUL -- When Lee Soon-nam joined Kia Motor Corp. three decades ago, his job was buying engines for Kia's vehicles from Japanese rivals such as Hino Motors Ltd. and Daihatsu Motor Co. At international motor shows, Kia's executives spent their time scrutinizing the latest models from Japan. The German luxury brands were clearly out of their league -- no point scoping them out. "We had no chance to look at BMW, Audi. It was a waste of time and money," Lee, who now is vice president of Kia's overseas marketing group, said. "These days, we always allocate time" to checking out the top German automakers. Today not only is Kia benchmarking BMW and Audi; it is crawling out of the shadow of its bigger corporate sibling, Hyundai. Its new goal: model its own brand identity after Volkswagen's as it seeks to be mass-market yet one notch above the pack in terms of quality and flair. Oh Tae-hyun, COO in charge of Kia's international business division, said: "Eventually, Kia would like to be one of the mainstream brands like VW." In interviews with Automotive News , top Kia executives said the automaker has a two-pronged strategy to build and distinguish the brand: an unrelenting focus on quality and the rollout of a lineup packed with technology. But they also worry that the brand-building push could be undermined either by boosting output prematurely to meet sales targets or by decontenting vehicles to cope with unfavorable currency rates. Kia is on track to join the volume players, thanks to an explosive threefold increase in global sales since 2002. Kia sold 2.7 million vehicles worldwide in 2012 and targets a 28 percent surge to 3.5 million in 2016. It expects its U.S. sales to rise 6 percent to 590,000 this year from a record 557,599 in 2012. That rampant expansion has executives worried. Kia's global sales are constrained by a lack of production capacity. But executives are reluctant to invest in more output. They want to make sure the company and its suppliers can cope with the surging workload, lest quality deteriorate. Oh and Lee conceded that may mean sacrificing market share. Despite a 15 percent rise to record U.S. sales last year, for example, Kia saw its market share finish flat at 3.8 percent. In the first two months of this year, its share shrank to 3.5 percent from 3.9 percent a year earlier as Kia's sales fell 3 percent vs. the market's 8 percent gain. "For the time being, we have to look at quality over quantity," Oh said. "Who gives the final go-ahead for start of production? It's not the chairman. It's not a salesman. It's not the finance or planning or procurement people. It's the quality-control people. Without their agreement, we can't move one inch." Executives point to the carmaker's Pilot Center, which opened several years ago at the Hyundai-Kia tech center south of Seoul. Before being approved, each model runs through this test assembly line and is scrutinized for possibly production glitches. Lee conceded it is probably impossible to reach Kia's 2016 sales goal without a new plant. The target means selling 800,000 more vehicles, and Kia's capacity is already running flat out. A 300,000-unit plant opens in China next year. But that still leaves the brand a half-million cars short. "In my opinion, it's impossible," Lee said of hitting the target without another plant. "But no decisions have been made" about another factory. The technology part of Kia's brand-building strategy centers on powertrains. To set itself apart from Hyundai, Kia will expand the use of downsized turbocharged engines, introduce dual-clutch transmissions and expand its range of hybrid vehicles. Kia began using downsized turbos before Hyundai, to good effect. "We built a good brand image, we improved our customer profile and we conquered more premium customers," Lee said. He detailed more of the planned changes, all designed to hone Kia's sportier image. Kia's 2.0-liter turbocharged, direct-injection engine, currently used in the Optima sedan and Sportage crossover, will be deployed to other nameplates as those vehicles are redesigned. Lee did not identify the models getting the 2.0-liter turbo but said they would be Optima-class cars and above. A 1.6-liter turbocharged, direct-injection engine will be offered in the redesigned Forte small car arriving later this year. Hyundai's counterpart, the Elantra, doesn't offer a turbo. A new, as-yet-unannounced vehicle -- which Lee described as a "brand iconic model" -- also will get the 1.6-liter turbo. That car is expected to arrive in 2015, Lee said. He did not identify the new car. But it could be based on the Track'ster Concept unveiled last year. That car, which is essentially a three-door, all-wheel-drive version of the Soul city compact, is on the short list for production. In Europe, 1.0- and 1.2-liter turbos, also with direct injection, will be offered on the Rio and Cee'd small cars. Kia also will expand its use of dual-clutch transmissions, bringing them to the United States in 2014 or early 2015, Lee said. Those transmissions tend to be more fuel efficient than standard automatics and have a sportier feel. Dual-clutch transmissions likely will debut with a reskinning of the Forte, which may come two years or so after the car is redesigned for the 2014 model year, he said. Kia will roll out gasoline-electric hybrid options on additional models starting in 2015. Lee declined to identify the vehicles but said hybrid drivetrains would be added to a Forte-class sedan and a compact crossover. The company also will launch its first plug-in hybrid by the end of 2015 in a version of an existing nameplate. That emphasis on performance-oriented technology is aimed at lifting Kia's image closer to VW's. "VW has everything from very small to very big, up to the Phaeton and vans and convertibles and everything, but within the volume brands they have a kind of premium quality," said Peter Schreyer, a president at Hyundai Motor Group overseeing global design at both Kia and Hyundai. "I think in both brands we have already reached quite a good standard in perceived quality that probably puts us ahead of other volume makers." Yet looming over this technology and quality build-out is a new threat: the South Korean won's recent climb against the dollar and Japanese yen. That currency shift makes Korea-built cars less price competitive in the United States and other overseas markets. For now, Kia expects to cope mainly by cutting costs in the randd stage of product development and shifting its lineup mix to upper-level trim packages and limited editions with fatter margins. But if the won woes worsen, it may mean decontenting, in the form of cutting features and content, or turning previously standard features into pricey options. "Currently we are discussing ways to find what are the optimized features," Lee said. There are some features, he said, that customers don't care about. "We are studying whether these features are important to customers or not. If we delete these features, what would be the problem?" he asked. "This is our new solution." Kia engineers haven't culled any features yet, Lee said. But he needs to consider such cuts if the won continues to rise against other currencies, to the detriment of exports from Korea. Japanese automakers have sought to hedge against currency swings by building more vehicles in North America, thus reducing their reliance on Japanese exports. But while Toyota, Honda and Nissan all have multiple assembly plants in North America, Kia has just one, in West Point, Ga., and some of its capacity is being used to make the Hyundai Santa Fe. So for Kia, the pressure to build another factory outside Korea is growing -- and not just to hit sales targets.]]></description>
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<title><![CDATA[Carlos Ghosn doubles down on $5.2 billion EV bet]]></title>
<link><![CDATA[http://www.autonews.com/article/20130323/OEM05/130329947/carlos-ghosn-doubles-down-on-5-2-billion-ev-bet]]></link>
<guid>http://www.autonews.com/article/20130323/OEM05/130329947/carlos-ghosn-doubles-down-on-5-2-billion-ev-bet</guid>
<pubDate><![CDATA[Sat, 23 Mar 2013 00:01:00 EDT]]></pubDate>
<description><![CDATA[TOKYO (Bloomberg) -- Carlos Ghosn laid a $5 billion bet in 2009 that the world's next Ford Model T would be electric, and that Nissan Motor Co. would lead a revolution embraced by nations such as Denmark. Three years later, sales of Leaf plug-in vehicles in the Nordic country: 73. Nissan's CEO has ...]]></description>
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<title><![CDATA[Toyota lifts annual forecast on 23% rise in quarterly profit]]></title>
<link><![CDATA[http://www.autonews.com/article/20130205/OEM/130209950/toyota-lifts-annual-forecast-on-23-rise-in-quarterly-profit]]></link>
<guid>http://www.autonews.com/article/20130205/OEM/130209950/toyota-lifts-annual-forecast-on-23-rise-in-quarterly-profit</guid>
<pubDate><![CDATA[Tue, 05 Feb 2013 03:40:22 EST]]></pubDate>
<description><![CDATA[TOKYO -- Helped by strong sales in the United States and a weaker yen, Toyota Motor Corp. today reported a 23.4 percent year-on-year rise in quarterly net profit and raised its annual profit forecast by more than 10 percent. Toyota, in a statement , said net income for the year ending in March will ...]]></description>
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<title><![CDATA[Toyota posts 23% rise in quarterly profit; lifts forecast]]></title>
<link><![CDATA[http://europe.autonews.com/article/20130205/ANE/302059904/toyota-posts-23-rise-in-quarterly-profit-lifts-forecast]]></link>
<guid>http://europe.autonews.com/article/20130205/ANE/302059904/toyota-posts-23-rise-in-quarterly-profit-lifts-forecast</guid>
<pubDate><![CDATA[Tue, 05 Feb 2013 03:40:22 EST]]></pubDate>
<description><![CDATA[TOKYO -- Helped by strong sales in the United States and a weaker yen, Toyota Motor Corp. today reported a 23.5 percent year-on-year rise in quarterly net profit and raised its annual profit forecast by more than 10 percent. Toyota said net income in the year ending March will probably reach a ...]]></description>
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<title><![CDATA[Toyota wins back global auto sales crown from GM]]></title>
<link><![CDATA[http://europe.autonews.com/article/20130128/ANE/301289857/toyota-wins-back-global-auto-sales-crown-from-gm]]></link>
<guid>http://europe.autonews.com/article/20130128/ANE/301289857/toyota-wins-back-global-auto-sales-crown-from-gm</guid>
<pubDate><![CDATA[Mon, 28 Jan 2013 03:19:23 EST]]></pubDate>
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<title><![CDATA[GM replots emerging market strategy, hedges on China partner]]></title>
<link><![CDATA[http://www.autonews.com/article/20130127/GLOBAL/130129911/gm-replots-emerging-market-strategy-hedges-on-china-partner]]></link>
<guid>http://www.autonews.com/article/20130127/GLOBAL/130129911/gm-replots-emerging-market-strategy-hedges-on-china-partner</guid>
<pubDate><![CDATA[Sun, 27 Jan 2013 09:09:06 EST]]></pubDate>
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<title><![CDATA[Toyota forecasts record 2013 sales on overseas auto demand]]></title>
<link><![CDATA[http://www.autonews.com/article/20121226/GLOBAL/312269930/toyota-forecasts-record-2013-sales-on-overseas-auto-demand]]></link>
<guid>http://www.autonews.com/article/20121226/GLOBAL/312269930/toyota-forecasts-record-2013-sales-on-overseas-auto-demand</guid>
<pubDate><![CDATA[Wed, 26 Dec 2012 04:34:24 EST]]></pubDate>
<description><![CDATA[TOKYO (Bloomberg) -- Toyota Motor Corp., poised to regain its title as the world's biggest carmaker this year, said its vehicle sales may rise 2 percent next year to a record, led by demand from overseas markets. Global sales, including those of subsidiaries Hino Motors Ltd. and Daihatsu Motor Co., ...]]></description>
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<title><![CDATA[Toyota set to reclaim world sales crown as GM, VW vie for No. 2]]></title>
<link><![CDATA[http://www.autonews.com/article/20121216/RETAIL01/121219900/toyota-set-to-reclaim-world-sales-crown-as-gm-vw-vie-for-no-2]]></link>
<guid>http://www.autonews.com/article/20121216/RETAIL01/121219900/toyota-set-to-reclaim-world-sales-crown-as-gm-vw-vie-for-no-2</guid>
<pubDate><![CDATA[Sun, 16 Dec 2012 18:46:48 EST]]></pubDate>
<description><![CDATA[(Bloomberg) -- Toyota Motor Corp. is poised to take back the title of world's biggest automaker for 2012, as Volkswagen fights General Motors for second place heading into the final weeks. The battle among the world's biggest carmakers comes as the industry is headed for a record year. Global 2012 ...]]></description>
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<title><![CDATA[Toyota, affiliates to invest $727 million in Indonesia]]></title>
<link><![CDATA[http://www.autonews.com/article/20121109/OEM01/121109862/toyota-affiliates-to-invest-727-million-in-indonesia]]></link>
<guid>http://www.autonews.com/article/20121109/OEM01/121109862/toyota-affiliates-to-invest-727-million-in-indonesia</guid>
<pubDate><![CDATA[Fri, 09 Nov 2012 14:00:00 EST]]></pubDate>
<description><![CDATA[TOKYO (Reuters) -- Toyota Motor Corp. and its affiliates plan to invest about 7 trillion rupiah ($727 million) in Indonesia over the next five years, in addition to recently announced plans totaling 6 trillion. To meet growing demand in Southeast Asia's top economy, Toyota will expand annual capacity at its No.1 Karawang plant by about a fifth to 130,000 vehicles by September 2013, the Japanese carmaker said today. That investment will be worth around 310 billion rupiah, spokesman Joichi Tachikawa said. Toyota produces the Kijang Innova and the Fortuner at the No.1 Karawang plant. Toyota, which has close to 40 percent share of Indonesia's car market, will also buy land near there to build an engine factory, it said. Toyota's five group companies involved in Indonesian investments are Aisin Seiki, Daihatsu Motor, Denso Corp., Toyota Auto Body and Toyota Tsusho. Earlier this year, Toyota said it was investing 5 trillion rupiah to build the No. 2 Karawang plant. Denso said in September it was investing about 1 trillion rupiah to build a new plant in Indonesia. Indonesia's car market has been growing steadily. Last year, car sales jumped 17 percent to a record 894,180, data from industry groups showed.]]></description>
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<title><![CDATA[Suzuki continues line of small Asian automakers bowing out of U.S. market]]></title>
<link><![CDATA[http://www.autonews.com/article/20121107/RETAIL01/121109892/suzuki-continues-line-of-small-asian-automakers-bowing-out-of-u-s]]></link>
<guid>http://www.autonews.com/article/20121107/RETAIL01/121109892/suzuki-continues-line-of-small-asian-automakers-bowing-out-of-u-s</guid>
<pubDate><![CDATA[Wed, 07 Nov 2012 10:55:53 EST]]></pubDate>
<description><![CDATA[LOS ANGELES -- American Suzuki's departure from the U.S. market makes it the fourth automotive brand from Asia unable to find sales and marketing success here. Isuzu Motors, Daewoo Motor and Daihatsu Motor similarly struggled in the market and left. Suzuki's inability to establish a foothold in the ...]]></description>
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<title><![CDATA[Days of Eagles and Geos (11/6/12)]]></title>
<link><![CDATA[http://search.autonews.com/v/65925905/days-of-eagles-and-geos-11-6-12.htm?]]></link>
<guid>http://search.autonews.com/v/65925905/days-of-eagles-and-geos-11-6-12.htm?</guid>
<pubDate><![CDATA[Tue, 06 Nov 2012 15:38:09 EST]]></pubDate>
<description><![CDATA[As Suzuki plans exit, a look at brands gone by | Mitsubishi: 'We're staying' | A plug-in fire mystery]]></description>
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<title><![CDATA[How Toyota misfires with Chinese buyers]]></title>
<link><![CDATA[http://www.autonews.com/article/20121104/GLOBAL/121109940/how-toyota-misfires-with-chinese-buyers]]></link>
<guid>http://www.autonews.com/article/20121104/GLOBAL/121109940/how-toyota-misfires-with-chinese-buyers</guid>
<pubDate><![CDATA[Sun, 04 Nov 2012 08:42:52 EST]]></pubDate>
<description><![CDATA[BEIJING (Reuters) -- The roots of Toyota Motor Corp.'s China troubles run far deeper than the anti-Japan protests that swept the country this fall, stretching back to the 2008 launch of the Yaris subcompact -- a spectacular flop with price-conscious Chinese buyers. The car, a success elsewhere, was ...]]></description>
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<title><![CDATA[Toyota sustains global sales lead over GM]]></title>
<link><![CDATA[http://www.autonews.com/article/20121027/OEM/310279997/toyota-sustains-global-sales-lead-over-gm]]></link>
<guid>http://www.autonews.com/article/20121027/OEM/310279997/toyota-sustains-global-sales-lead-over-gm</guid>
<pubDate><![CDATA[Sat, 27 Oct 2012 00:01:00 EDT]]></pubDate>
<description><![CDATA[TOKYO (Bloomberg) -- Toyota Motor Corp.'s worldwide sales grew 18 percent last quarter on U.S. demand for Camry sedans and Prius hybrids and helped Asia's largest automaker expand its lead over General Motors, the global volume leader in 2011. Toyota delivered 2.43 million cars and trucks in the ...]]></description>
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<title><![CDATA[Lexus says U.S. sales behind target]]></title>
<link><![CDATA[http://www.autonews.com/article/20121011/RETAIL01/121019961/lexus-says-u-s-sales-behind-target]]></link>
<guid>http://www.autonews.com/article/20121011/RETAIL01/121019961/lexus-says-u-s-sales-behind-target</guid>
<pubDate><![CDATA[Thu, 11 Oct 2012 12:35:56 EDT]]></pubDate>
<description><![CDATA[TOKYO (Bloomberg) -- Toyota Motor Corp.'s Lexus, dethroned in 2011 as the best-selling U.S. luxury auto brand, said it may miss its U.S. sales target this year amid increased competition from BMW. Sales in the U.S. are "slightly behind" their target, according to Kazuo Ohara, executive vice ...]]></description>
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<title><![CDATA[Young dealer relies on his resilience]]></title>
<link><![CDATA[http://www.autonews.com/article/20120820/RETAIL07/308209974/1422]]></link>
<guid>http://www.autonews.com/article/20120820/RETAIL07/308209974/1422</guid>
<pubDate><![CDATA[Mon, 20 Aug 2012 00:01:00 EDT]]></pubDate>
<description><![CDATA[Nicholas Parks knows what lousy luck is all about, but the young dealer does not know defeat. In the depths of the recession, Parks took over a downtrodden Dodge store in Alvin, Texas, and turned it around. When Hurricane Ike obliterated the showroom, he rebuilt the store, only to have it close for ...]]></description>
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<title><![CDATA[Toyota's profit bucks downward trend in Europe]]></title>
<link><![CDATA[http://www.autonews.com/article/20120803/ANE/120809961/1193]]></link>
<guid>http://www.autonews.com/article/20120803/ANE/120809961/1193</guid>
<pubDate><![CDATA[Fri, 03 Aug 2012 05:00:00 EDT]]></pubDate>
<description><![CDATA[Unlike mass-market rivals General Motors Co. and Ford Motor Co., Toyota Motor Corp. posted a quarterly profit in Europe. The Japanese automaker reported a first-quarter operating profit of 3.4 billion yen (35.6 million euros) compared with a 7.55 billion yen (68.8 million euro) operating loss in ...]]></description>
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<title><![CDATA[Toyota posts $3.7 billion quarterly profit, hikes sales forecast]]></title>
<link><![CDATA[http://www.autonews.com/article/20120803/OEM/120809962/1131]]></link>
<guid>http://www.autonews.com/article/20120803/OEM/120809962/1131</guid>
<pubDate><![CDATA[Fri, 03 Aug 2012 04:02:18 EDT]]></pubDate>
<description><![CDATA[TOKYO (Bloomberg) -- Toyota Motor Corp. reported a big increase in first-quarter profit and raised its vehicle sales forecast on demand for its cars in North America and Japan. Toyota's net income increased to 290.3 billion yen ($3.7 billion) in the three months ended June 30, from 1.16 billion yen ...]]></description>
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<title><![CDATA[Is it time for Scion to bag the box?]]></title>
<link><![CDATA[http://www.autonews.com/article/20120730/OEM04/307309996/1291]]></link>
<guid>http://www.autonews.com/article/20120730/OEM04/307309996/1291</guid>
<pubDate><![CDATA[Mon, 30 Jul 2012 00:01:00 EDT]]></pubDate>
<description><![CDATA[Scion's new iQ minicar and FR-S coupe are nothing like the range of products originally envisioned for the brand. But changing the recipe was always part of the deal for Toyota's youth brand. Indeed, the future of the xB and xD -- the cars that have mainly defined Scion until now -- are in flux. ...]]></description>
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<title><![CDATA[Toyota extends global sales lead over GM, VW]]></title>
<link><![CDATA[http://www.autonews.com/article/20120726/ANE/307269916/1401]]></link>
<guid>http://www.autonews.com/article/20120726/ANE/307269916/1401</guid>
<pubDate><![CDATA[Thu, 26 Jul 2012 00:01:00 EDT]]></pubDate>
<description><![CDATA[DETROIT (Bloomberg) -- Toyota Motor Corp., rebounding from lost production from last year's natural disasters in Asia, sold the most cars and trucks worldwide for the year's first half, extending its lead over General Motors Co. and Volkswagen Group. Toyota global sales rose to 4.97 million during ...]]></description>
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<title><![CDATA[Toyota extends global sales lead over GM, VW after first half]]></title>
<link><![CDATA[http://www.autonews.com/article/20120725/RETAIL01/120729936/1401]]></link>
<guid>http://www.autonews.com/article/20120725/RETAIL01/120729936/1401</guid>
<pubDate><![CDATA[Wed, 25 Jul 2012 13:58:35 EDT]]></pubDate>
<description><![CDATA[DETROIT (Bloomberg) -- Toyota Motor Corp., rebounding from lost production from last year's natural disasters in Asia, sold the most cars and trucks worldwide for the year's first half, extending its lead over General Motors Co. and Volkswagen AG. Toyota global sales rose to 4.97 million during the ...]]></description>
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