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Toyota widens global sales lead over GM

Submitted by Fox First at Ten on October 26th

By TOM KRISHER and YURI KAGEYAMAAP Business Writers DETROIT (AP) - Toyota has widened its global sales lead over General Motors after bouncing back from a series of natural disasters. The company said Friday it sold 7.4 million vehicles globally in the first nine months of this year - 450,000

Toyota global vehicle sales up 28 pct in Jan-Sept

Submitted by Fox First at Ten on October 26th

By YURI KAGEYAMAAP Business Writer TOKYO (AP) - Toyota sold 7.4 million vehicles around the world in the first nine months of the year, up 28 percent from a year earlier, but its strong growth faces headwinds from a sales plunge in China that could unseat it as the world's top automaker.

Japan approves new stimulus for ailing economy

Submitted by Fox First at Ten on October 26th

By ELAINE KURTENBACHAP Business Writer TOKYO (AP) - Japan's Cabinet approved a 423 billion yen ($5.3 billion) economic stimulus package on Friday, moving to fend off recession as the recovery in the world's third biggest economy falters. The emergency spending package, which is double

Pittsburgh Robot Hall of Fame has 4 more members

Submitted by Fox First at Ten on October 24th

PITTSBURGH (AP) - The Robot Hall of Fame in Pittsburgh has four new members, including WALL-E, star of the 2008 animated film. Carnegie Mellon University created the hall in 2003 to call attention to the iconic status of the machines and the university's own work advancing robotics technology.

Opposition expected to gain in Lithuanian ballot

Submitted by Fox First at Ten on October 14th

By LIUDAS DAPKUSAssociated Press VILNIUS, Lithuania (AP) - Lithuanians are expected to deal a double-blow to the incumbent conservative government in national elections Sunday by handing a victory to opposition leftists and populists and saying no to a new nuclear power plant that supporters

Toyota undaunted by latest massive global recall

Submitted by Fox First at Ten on October 11th

By YURI KAGEYAMAAP Business Writer TOKYO (AP) - Toyota executives were unfazed Thursday by the overnight recall of 7.43 million vehicles over faulty power window switches that can cause fires, calling it a sign the Japanese company had learned from its mistakes and was becoming quicker and more

Huge window switch recall hampers Toyota comeback

Submitted by Fox First at Ten on October 10th

By TOM KRISHER and YURI KAGEYAMAAP Business Writers DETROIT (AP) - The largest recall in Toyota's 75-year history could undermine the Japanese automaker's comeback from natural disasters and embarrassing safety problems. The company recalled 7.43 million cars, trucks and SUVs worldwide

China finance officials to skip Tokyo IMF meeting

Submitted by Fox First at Ten on October 10th

By MALCOLM FOSTERAssociated Press TOKYO (AP) - China's central bank governor and finance minister won't be attending IMF and World Bank annual meetings in Tokyo this week in an apparent snub to Japan that comes as the two Asian giants remain at odds over a cluster of tiny islands both

Japan economy shaky as island spat hits business

Submitted by Fox First at Ten on October 9th

By YURI KAGEYAMAAP Business Writer TOKYO (AP) - The craggy island specks in the East China Sea aren't even an economic backwater. They have no factories, no highways, no shops, no people - only goats. But the high-pitched row between Beijing and Tokyo over their ownership is exacting a

Delta to beef up Asia service from Seattle

Submitted by Fox First at Ten on October 8th

By SAMANTHA BOMKAMPAP Auto Writer NEW YORK (AP) - Delta Air Lines wants to expand service to Asia through its partnership with Alaska Airlines. Delta plans to add a flight between Seattle and Shanghai starting on June 17, 2013. Delta, which is based in Atlanta, is also proposing a flight