Toyota chose a swerving Formula One racing course to show its new luxury Lexus sportscar Thursday, to make sure reporters got the message the new IS F model is about revved up engine muscle and the thrill of nimble handling.

Sony Corporation and Toyota Industries Corporation today announced an agreement to integrate management of their ST Liquid Crystal Display Corporation and ST Mobile Display Corporation joint ventures, and establish a new company effective December 1st, 2007.

More than half of Toyota's shuttered assembly lines will start running again Tuesday, and carmakers Mazda and Honda plan to restart production as well, after a key parts supplier damaged by a major earthquake resumed operations Monday.

TOYOTA MOTOR CORPORATION (TMC) announced on July 23 that it plans to soon initiate "sustainable plant" activities aimed at increasing the sustainability of its production operations.

The Detroit automaker has lost a rather big American car market share and its sales decreased in June, statistics showed Tuesday. This will lead to low prices and available leasing deals during this summer.

As Toyota announced the sale of its millionth hybrid vehicle, a bipartisan group of New York state lawmakers and environmentalists was pushing Thursday for reinstatement of a sales-tax break for buyers of fuel-efficient cars, Newsday reported.

Toyota said Thursday global sales of its hybrid vehicles have topped 1 million, a landmark for the Japanese automaker that leads the world in "green" cars.

Toyota is introducing cars that run on ethanol and gasoline in Brazil at a time when such flexible-fuel vehicles are growing in popularity there. Toyota's Brazil unit said in a release Wednesday it will start selling two new flex-fuel Corolla models that surpass the performance of the gas-fueled Corollas now on the market in the country.

Phase-Out of Credit for Toyota and Lexus Hybrids Continues With Reporting of First Quarter Sales

U.S. banking giant Citigroup has won control of a leading Japanese brokerage firm, and Japanese carmaker Toyota has become the world's top seller of vehicles. Claudia Blume at our Asia News Center in Hong Kong has more on these and other business stories from the region.

Toyota Motor Sales (TMS), U.S.A., Inc., announced today that Toyota will be the official "Vehicle Manufacturer of the Show: for the 2007 Specialty Equipment Market Association (SEMA) trade show in Las Vegas from October 30 to November 2.

Boosted by record hybrid sales, Toyota Motor Sales, U.S.A., Inc., today reported all-time best-ever monthly sales of 242,675 vehicles, an increase of 7.7 percent over March 2006.