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Toyota is hoping to sell more than one million of eight new car models, priced around $12,500, in developing nations by 2015.
Toyota Australia says costs related to its decision to stop making cars in Australia contributed to a $437 million annual loss.
LONDON (Reuters) - Toyota believe a thumbs-up gesture of support by another team's driver in the pitlane cost them a first 24 Hours of Le Mans victory last weekend.
Toyota - already reeling from a recall of its cars with faulty accelerators - now says there are problems with the brakes on its popular Prius hybrid.
The US has slapped beleaguered Japanese auto giant Toyota with a lawsuit, alleging it covered up safety problems with its Prius model.
Toyota Australia has recalled almost 15,000 Toyota 86 vehicles built between April 2012 and March 2015 due to an issue with power steering assist.
Toyota said it will start fixing faulty gas pedals this week after massrecalls dented its reputation and prompted competitors to challenge theworld's top car maker.
A Toyota recall covers 2010-2012 hybrid Prius and Lexus CT200h vehicles with air bag inflators that could have a small crack in a weld.
A supplier to Toyota Motor Corp secured a lithium supply deal in Argentina on Wednesday that could help the world's largest automaker keep its lead in gasoline-electric hybrid cars.
The world's top-selling car maker, Toyota, has outlined a new "architecture" centred on product development and manufacturing initiatives.
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