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Toyota says half-year net profit surged  Nov 6th, 2013 

Toyota says its half-year net profit soared 82.5 per cent to $US10.14 billion ($A10.71 billion) while raising its annual earnings forecast as a weak yen and improving sales in North America helped boost its bottom line.The world's biggest carmaker said on Wednesday it earned 1.0 trillion yen ($US10.14 billion) on revenue of 12.53 trillion yen, up 14.9 per cent on year. It also raised its ...  
 
 
Mahindra Mahindra launches XUV500 variant W4 at Rs 10.83 lakh  Nov 6th, 2013 

Typically, broadcasters charge Rs 30,000 and Rs 50,000 for a high-interest Test series. But for the series against WI, Star is demanding Rs 60,000 & Rs 1L/10 ...  
 
 
Toyota Projects Near-Record Yearly Profit  Nov 6th, 2013 

TOKYO ...  
 
 
Toyota posts earnings jump hikes profit forecast  Nov 6th, 2013 

Toyota has hiked its full-year net profit by 13 percent, citing a weaker yen that makes its exports more profitable, the Japanese automaker said on Wednesday.Toyota now expects net profit for the full year ending March 31, 2014 to come in at 1.67 trillion yen ($16.95 billion), up from a previous forecast of 1.48 trillion ...  
 
 
A new move by Honda to rival in Chinas market  Nov 6th, 2013 

According to a statement released on Nov 5, 2013 on the Chinese official website of Honda Motor Co Ltd, Honda has established a new research and development center in Guangzhou, Southern China. The newly opened Honda Motor China Technology Co Guangzhou is built to strengthen R&D, parts procurement and localized production functions in China, said Honda in the news release. Just one day ...  
 
 
Beijing cuts car sales quota to curb air pollution  Nov 6th, 2013 

Beijing will cut its new car sales quota by almost 40 percent next year in a bid to reduce vehicle emissions and curb severe air pollution, according to a new policy released on the Beijing government website on ...  
 
 
Fringe benefits tax rule changes officially scrapped  Nov 6th, 2013 

the FBT changes were intended to save the government $1.8 billion by forcing drivers of salary-sacrificed and employer-provided vehicles to keep driving logbooks to prove their vehicle's percentage of business use, thereby stopping drivers claiming concessions on their personal use. At the time of Labor's announcement, Tony Abbott predicted the proposed rule changes would cost 320,000 ...  
 
 
Lexus ES pricing and specifications  Nov 6th, 2013 

Lexus ES is actually larger than both, measuring 230mm longer than the former and 45mm longer than the latter. Also, in a world first for the ES and an Australian first for any model line, the hybrid variant (ES300h) undercuts its petrol-powered sibling (ES350) - at $65,000 the conventional engine comes at a $2000 ...  
 
 
UPDATE 1-Toyota closes in on record profit with healthy U.S. sales  Nov 6th, 2013 

Wed Nov 6, 2013 2:40am EST * Raises full-year net profit forecast 13 pct * Second-quarter net profit rises 70 pct to 438.4 bln yen * Raises North American 2013/14 car sales forecast * Gain in quarterly net profit outperforms big Japan rivals By Yoko Kubota TOKYO, Nov 6 (Reuters) - Toyota Motor Corp raised its annual profit forecast on Wednesday, closing in on records set before the Lehman crisis ...  
 
 
Toyota reports US$10b profits struggles with numerous recalls  Nov 6th, 2013 

(51 mins ago) Toyota said half-year net profit soared 82.5 percent to US$10.14 billion. The company raised its annual earnings forecast as a weak yen and improving sales in North America helped boost the bottom line. The company has also grappled with quality issues and announced many recalls so far this year. In October alone Toyota recalled 850,000 cars including Camry models in the US over ...  
 
 
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