Toyota

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Toyota annual profit slides 21%

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Japanese carmaker Toyota has reported a 21% fall in annual profit for the year to March - the firm's first fall in profit in five years.

Toyota has also said that earnings for the current financial year will come in lower, citing the strength of the Japanese currency. 

Toyota reports best UK sale figures in a decade

BBC Radio Derby

Car manufacturer Toyota has reported its best monthly UK sales figures for a decade, saying it's seen an increase in demand for hybrid cars.  

In March the company sold 29,415 vehicles and demand for the Auris built at Burnaston near Derby has increased by more than 40% compared to the same period last year.

Toyota
BBC

The company recently announced a  £240m investment in the Derbyshire plant.

Toyota investment will 'make plant competitive'

Sarah Teale

Reporter, East Midlands Today

Toyota's deputy managing director Tony Walker has said there are "no guarantees for the future but a £240m investment at Burnaston will make the plant competitive."

Tony Walker
BBC

Toyota investment a 'huge vote of confidence' in Derby plant

Sarah Teale

Reporter, East Midlands Today

The £240m investment in Toyota at Burnaston in Derby, has been described by the Secretary of State for Business Greg Clark as a "huge vote of confidence" in the plant.

Toyota
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Hope for Toyota after uncertainty around Brexit

BBC Radio Derby

In January the UK car industry trade body, the Society of Motor Manufacturers and Traders, indicated that the uncertainty around Brexit and future trading arrangements had hit investment in the sector.

Toyota
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Investment commitments in the UK automotive sector last year totalled £1.66bn, down from £2.5bn in 2015.