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Toyota Motor Company Gets Credit Slashed, Drops Rating

Toyota Motor Company's credit rating has dropped from a AAA rating to AA, after citing "negative developments in the industry" and "Toyota can no longer support a AAA rating", according to a Forbes article which included reports from Fitch Ratings' The drop comes as a first in over a decade for the Japanese automaker, who have been an industry leader for the past ten years and have normally...

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Toyota Motor Company Gets Credit Slashed, Drops Rating

Toyota Motor Company's credit rating has dropped from a AAA rating to AA, after citing "negative developments in the industry" and "Toyota can no longer support a AAA rating", according to a Forbes article which included reports from Fitch Ratings' The drop comes as a first in over a decade for the Japanese...

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Fitch downgrades ratings on Toyota Motor

NEW YORK (MarketWatch) -- Fitch Ratings downgraded Toyota Motor Corp.'s long-term foreign and local currency issuer default ratings and senior unsecured debt ratings to 'AA' from 'AAA,' with a negative outlook, late Tuesday. "Multiple negative developments, including the rapid and significant appreciation of the yen, the concurrent downturn in all major auto markets and high raw material costs,...

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FeedTheBull said: Weakness is not limited to just domestic automakers. Toyota Motor $TM reported a North American sales drop of 34%

FeedTheBull said: Weakness is not limited to just domestic automakers. Toyota Motor $TM reported a North American sales drop of 34% via StockTwits

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Toyota sees 34% drop in U.S. sales

Toyota Motor Corp.’s U.S. sales in November dropped by more than one-third year over year, the automaker said Tuesday. (TM)

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Toyota to cut domestic output amid slowing demand - World news

TOKYO Toyota Motor Corp. said Wednesday it will suspend production of some vehicles in Japan for two days later this month to reduce output to grapple with slowing global demand. Toyota will halt production of Lexus luxury models at the Tahara pla

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Toyota cuts car production in Japan

TOKYO - Toyota Motor Corp. said today it will suspend production of some vehicles in Japan for two days later this month to reduce output to grapple with slowing global demand.

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Toyota to cut domestic output amid slowing demand

Toyota Motor Corp. said Wednesday it will suspend production of some vehicles in Japan for two days later this month to reduce output to grapple with slowing global demand.

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Toyota to cut domestic output amid slowing demand

Toyota Motor Corp. said Wednesday it will suspend production of some vehicles in Japan for two days later this month to reduce output to grapple with slowing global demand.

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Toyota to cut domestic output amid slowing demand

TOKYO -- Toyota Motor Corp. said Wednesday it will suspend production of some vehicles in Japan for two days later this month to reduce output to grapple with slowing global demand.

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Toyota to cut domestic output amid slowing demand

Toyota Motor Corp. said Wednesday it will suspend production of some vehicles in Japan for two days later this month to reduce output to grapple with slowing global demand.

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Toyota Trims Management Pay

Toyota Motor said it would cut management bonuses by 10 percent as the global economic slowdown deepens. Source

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Toyota to cut domestic output amid slowing demand

Toyota Motor Corp. said Wednesday it will suspend production of some vehicles in Japan for two days later this month to reduce output to grapple with slowing global demand. Toyota will halt production of Lexus luxury models at the Tahara plant and output of...

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Toyota sees 34 percent drop in U.S. sales

Toyota Motor Corp.’s U.S. sales in November dropped by more than one-third year over year, the automaker said Tuesday. (TM)

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They're building cars no one wants to buy!

Ford's U.S. light vehicle sales tumbled 31 percent in November, while Toyota's plunged 34 percent and Honda's dropped 32 percent, dashing hopes that the industrywide drop in vehicle demand might be easing as Detroit's automakers prepare to state their second case for a federal bailout. Toyota Motor Corp., Japan's No. 1 automaker, said truck sales plummeted 36 percent, while demand for passenger...