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Toyota nine-month profit down, but year looking upTokyo (AFP) Feb 7, 2012 Japanese car giant Toyota announced a plunge in profits on Tuesday, but said the year might not be quite as bad as previously expected as the world's number three automaker upped its forecasts. The company said its nine-month net profit fell 57.5 percent to 162 billion yen ($2.12 billion), blaming the continued impact of the March 11 disaster, Thai floods and a strong yen. Toyota said operating profit also slumped by 72.3 percent to 117 billion yen in the nine months to December, with revenue do ... read more |
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 Unique Testbed Soon Will Be in Space Young Stars at Home in Ancient Cluster New Horizons on Approach: 22 AU Down, Just 10 to Go Opportunity Energy Levels Decreasing As Winter Takes Hold Venezuela Mars mission after 2030 New Views Show Old NASA Mars Landers New images capture 'stealth merger' of dwarf galaxies Subaru Telescope Captures Images of the "Stealth Merger" of Dwarf Galaxies The Rings of Saturn and Enceladus NASA Mission Takes Stock of Earth's Melting Land Ice VLT Takes Most Detailed Infrared Image of the Carina Nebula NASA Small Explorer Mission Celebrates Ten Years and Forty Thousand X-Ray Flares AKARI Finds CO Molecules in 10,000,000-Degree Gas Europe stakes billion-dollar bet on new rocket | .. |
 Wireless power could revolutionize highway transportation A Stanford University research team has designed a high-efficiency charging system that uses magnetic fields to wirelessly transmit large electric currents between metal coils placed several feet ap ... more | .. |
 Holden blames job losses on strong Australian dollar Auto maker Holden said Thursday it would cut around 100 jobs, blaming the strength of the Australian dollar, one week after fellow car giant Toyota sacked 350 workers. ... more | .. |
 Chrysler leads US auto sales growth in January Chrysler led US auto sales growth in January with an impressive 44 percent jump that far outpaced modest gains at rivals Ford and Toyota and a drop at General Motors, industry data showed Wednesday. ... more | .. |
 Japan car sales rocket 40% on subsidy boost Japanese automobile sales rocketed more than 40 percent in January after the government restored subsidies for eco-friendly vehicles. ... more |
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 US auto sales see fastest pace since 2008 US auto sales in January hit their highest rate since 2008, driven by huge growth at once-troubled Chrysler and improving consumer confidence, industry data showed Wednesday. ... more | .. |
Study: More fuel-efficient cars on market New light-duty automobiles entering the U.S. market are more fuel-efficient and give motorists up to 1.7 miles per gallon more on the road than vehicles bought before 2008, a University of Michigan study indicated. ... more | .. |
 China subsidizing auto parts exporters: US industry A US industry and union coalition accused China Tuesday of sweeping illegal subsidies to its auto-parts sector that threaten to destroy more than a million US jobs. ... more | .. |
 China car maker SAIC says 2011 profit surged China's SAIC Motor, the largest domestic auto maker, said Tuesday that unaudited net profit rose more than 40 percent last year, despite an overall slowdown in the world's biggest car market. ... more |
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 Honda 9-month net profit falls 71%, cuts forecasts Honda Motor's net profit for the nine months to December slumped by almost three-quarters from the previous year due to Japan's March disasters, huge floods in Thailand, and the high yen, it said Tuesday. ... more | .. |
 Five possible buyers for bankrupt Saab: administrator Up to five companies are keen to buy Saab, one of the bankrupt Swedish carmaker's three administrators said Sunday. ... more | .. |
New foreign auto investment rules begin in China China has withdrawn support for foreign investment in auto manufacturing under new rules that took effect Monday, as it seeks to encourage the domestic industry in the world's largest car market. ... more | .. |
 First Chinese auto plant in Europe to open Feb 21 Chinese automaker Great Wall Motor will open on February 21 a plant in Bulgaria, producing the first Chinese cars assembled in Europe, its local partner Litex Motors said Thursday. ... more |
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 Toyota confirms loss of No. 1 carmaker spot Toyota Motor confirmed Wednesday that its world group sales fell below the eight million mark in 2011, losing the firm its number one spot in the global carmakers' league. ... more | .. |
 Fold-up car of the future unveiled at EU A tiny revolutionary fold-up car designed in Spain's Basque country as the answer to urban stress and pollution was unveiled Tuesday before hitting European cities in 2013. ... more | .. |
 Toyota Australia to axe 350 jobs The Australian arm of Japanese auto giant Toyota announced Monday that it would sack 350 workers at its southern carmaking plant, citing "unprecedented" pressure on its operations. ... more | .. |
 GM reclaims world's biggest carmaker title as Toyota skids General Motors reclaimed its title as the world's biggest automaker Thursday, successfully emerging from its 2009 bankruptcy woes to overtake German giant Volkswagen and Japanese Toyota in the race to the top. ... more |
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 NIST provides octagonal window of opportunity for carbon capture Fuel from market waste Electrical engineers build 'no-waste' laser Developing a Potential Low Cost Alternative to Platinum for Splitting Water Sustainable land use strategies to support bioenergy New technology platform for molecule-based electronics Engineers Boost Computer Processor Performance By Over 20 Percent Unusual 'collapsing' iron superconductor sets record for its class New battery could lead to cheaper, more efficient solar energy Japan scientist makes 'Avatar' robot Thousands rally against nuclear power in Japan U.S green lights two new reactors Iran 'steals Iraqi oil to beat sanctions' More environmental rules needed for shale gas | .. |
Gamesa buys stake in EV software firm Spanish wind turbine maker Gamesa this week announced an investment in a start-up targeted at the emerging market for electric vehicle charging stations. ... more | .. |
 GM reclaims world's biggest carmaker title as Toyota skids General Motors reclaimed its title as the world's biggest automaker Thursday, successfully emerging from its 2009 bankruptcy woes to overtake German giant Volkswagen and Japanese Toyota in the race to the top. ... more | .. |
Spanish fold-up car to be unveiled at EU A tiny revolutionary electric fold-up car designed in Spain's Basque country as the answer to urban stress and pollution is to be unveiled next week before hitting Europe's cities in 2013. ... more | .. |
 One-third of car fuel consumption is due to friction loss No less than one third of a car's fuel consumption is spent in overcoming friction, and this friction loss has a direct impact on both fuel consumption and emissions. However, new technology c ... more |
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 China auto sales growth hits the brakes in 2011 Growth in China's auto sales hit the brakes in 2011, data showed Thursday, after Beijing rolled back sales incentives and some cities imposed restrictions on car numbers. ... more | .. |
 Karma hybrid car offers earth-friendly luxury Technology lovers stopped and stared as the world's first high-performance hybrid luxury sedan glided silently down a street outside the Consumer Electronics Show in Las Vegas on Wednesday. ... more | .. |
 Research is driving solutions to improve unpaved roads A Kansas State University graduate student sees the unpaved road ahead, and it's filled with biomaterial. Wilson Smith, master's student in civil engineering, Independence, Mo., is working with lign ... more | .. |
 Carmakers lure youth with gadgets, sleek design Dashboards glittering with gadgets, turbo-charged engines and sleek designs are on offer as automakers try to attract young consumers who care more about computers than cars. ... more |
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