August 2011 – Toyota Motor Corp. will build an Engine manufacturing plant in Miyagi Prefecture, making it the Japanese carmaker’s first such factory in Japan’s northeastern region. Toyota also plans to start producing compact gasoline-electric hybrid cars in lwate Prefecture by the end of this year, enhancing its output in the Tohoku region in the hope that it will also help rebuild the Toyota to build engine plant in Miyagi Pref

Mazda Motor Corp. announced corporate organization changes and a new line-up of directors and corporate auditors propose to take effect following the general meeting of shareholders scheduled for June  24, 2011. The company has decided to restructure its management system in an effort to further enhance corporate governance and transparency of the management.   At the 145th general meeting of a shareholder, it will propose the introduction Mazda Introduces Outside Director System

The Japan Automobile Manufacturer Association, Inc. will hold the 42nd Tokyo Motor Show in December this year at Tokyo Big Sight as planned. A total of 175 exhibitors from 11 countries and 1 region will participate, covering 34,919 square meters of exhibit space. All 14 manufacturers and 15 brands of Japan as well as 19 companies Tokyo Motor Show to be held as planned

The new hybrid model, derived from the third-generation Prius hybrid, offers outstanding fuel efficiency and environmental performance, as well as a comfortable interior available allowing multiple seat arrangement. The vehicle is available in two configurations: a five-seat, two-row model and a seven-seat, three-row model, by a space-saving lithium-ion battery – a first for a Toyota brand Toyota Prius Wagon launched

Toyota’s quarterly profit crumpled more than 75% after the March earthquake and tsunami wiped out parts suppliers in northeastern Japan, severely disrupting automobile production. The manufacturer gave no forecast for the current fiscal year through March 2012, citing an uncertain outlook because production continues to be hampered by a shortage of parts. The company president Manufacturers Profits Slide on March Disaster.

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TOKYO – An auto industry group says sales in Japan of Toyota`s Prius hybrid dropped for the first time in 17 months even as it ranked as the nation`s top-selling car in September. The Japan Automobile Dealers Association said on Wednesday that sales of the gasoline-electric hybrid car slumped as the government ended tax breaks and subsidies for environmentally Toyota Prius sales fall for 1st time in 17 months

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