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Toyota says no problem with electronics

Toyota has submitted a letter to the US Congress denying there is a fault with the electronics in millions of vehicles it has recalled due to problems with the accelerator, reports say. Toyota also referred to its plans to expand the number of vehicles equipped with computerised brake

Toyota widens hybrid recall in Japan

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The world's largest automaker is already under fire for two other recalls covering more than 8 million vehicles worldwide due to problems with slipping floormats and sticky accelerator pedals. Toyota is fighting to keep its reputation for quality and reliability while dealing with a potential
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Toyota widens hybrid recall in Japan

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The world's largest automaker is already under fire for two other recalls covering more than 8 million vehicles worldwide due to problems with slipping floormats and sticky accelerator pedals. Toyota is fighting to keep its reputation for quality and reliability while dealing with a potential
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Toyota widens hybrid recall in Japan

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Toyota Motor Corp said it would recall its flagship Prius hybrid in Japan for braking problems and that it had halted shipments of two other hybrid models to check for similar problems. The world's largest automaker is already under fire for two other recalls covering more than 8
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Toyota to announce Prius recall this week: report

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The move by the Japanese auto giant will affect the latest model of the Prius, a car beloved of Hollywood stars and environmentalists, following scores of complaints about malfunctioning brake systems. The Prius problems have dealt a new blow to Toyota, which has already had to recall about
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Toyota to recall Prius cars, reports say

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The move by the Japanese auto giant will affect the latest model of the Prius, a car beloved of Hollywood stars and environmentalists, following scores of complaints about malfunctioning brake systems. The Prius problems have dealt a new blow to Toyota, which has already had to recall
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JAL to cut every third job as bankruptcy nears

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Troubled Japan Airlines is set to cut about 15,600 jobs, a third of its work force, and reject billion-dollar cash offers from Delta and American Airlines, as it files for bankruptcy and embarks on a government-led turnaround, reports said on Monday. Under a rehabilitation plan now being
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Dollar gains on yen amid Japan Airlines worries - MarketWatch

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By William L. Watts , MarketWatch The dollar traded at 92.24 yen, up from 92.01 yen in North American dealings late Tuesday, after hitting a session high at 92.26 yen, matching its late October high, according to FactSet Research...
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Toyota to boost global output by 17%

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Japan’s Toyota Motor plans to boost its global production in 2010 by 17 per cent to about 7.5 million units, Japanese media reported Saturday. The output target - which does not include Toyota group firms Daihatsu Motor and Hino Motors - is still down about one million units from the.
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Toyota to boost global output by 17%

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AFP Japan's Toyota Motor plans to boost its global production in 2010 by 17 per cent to about 7.5 million units, Japanese media reported Saturday. The output target - which does not include Toyota group firms Daihatsu Motor and Hino Motors - is still down about one million units from...
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Nissan to boost electric car batteries

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AFP Japan's Nissan Motor Company is working on a lithium-ion battery that can power an electric vehicle for 300 kilometres on a single charge, the business daily Nikkei says. The distance is nearly double the 160-kilometre range of the Leaf - Nissan's first all-electric car set to go...
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India"s Satyam fraud trial to begin soon

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AFP The trial of those accused in India's biggest corporate scandal involving former outsourcing giant Satyam, is set to begin in a month, said a report Friday quoting an investigator. On December 9, a court will hear formal charges of fraud to the tune of $US3 billion ($3.29 billion)...
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Hershey and Ferrero in talks for joint bid on Cadbury - Nov. 17, 2009

A source familiar with the talks between U.S.-based Hershey ( HSY , Fortune 500 ) and Italy's Ferrero said Tuesday that the discussions between the two sides were "very preliminary. Very early in the process." Hershey executives have been more aggressive about pursuing a deal, but...

JAL to restructure under new state-backed agency- reports

Ailing Japan Airlines will restructure itself under a state-backed corporate turnaround firm while the government mulls a special law to cut the carrier's high pension payouts, reports said Sunday. The Japanese government, which will announce a turnaround plan for JAL by the end of this

JAL to restructure under new state-backed agency- reports

Ailing Japan Airlines will restructure itself under a state-backed corporate turnaround firm while the government mulls a special law to cut the carrier's high pension payouts, reports said Sunday. The Japanese government, which will announce a turnaround plan for JAL by the end of this

Japan to bail out JAL: reports | Airlines

October 19, 2009 A task force of corporate rescue experts overseen by Transport Minister Seiji Maehara wants a new quasi-public agency to take a majority stake in JAL and rebuild the ailing airline, the Sankei Shimbun said. Maehara's task force wanted creditor banks to forgive debts of

Japan to bail out JAL: reports | Airlines

October 19, 2009 A task force of corporate rescue experts overseen by Transport Minister Seiji Maehara wants a new quasi-public agency to take a majority stake in JAL and rebuild the ailing airline, the Sankei Shimbun said. Maehara's task force wanted creditor banks to forgive debts of

Sprint hands over network operations to Ericsson

US telecom group Sprint Nextel has agreed to turn over day-to-day operations of its network to Sweden's Ericsson in a deal worth up to 5.0 billion dollars (3.5 billion euros) over seven years, Ericsson said Thursday.