Toyota Motor Corp. said Friday it is considering "additional steps for managing its business" to respond to a global sales slowdown as speculation builds the maker of Prius and Corolla cars may be forced to make the rare move of trimming its full-time workerforce in North America and Britain.


More here: Toyota may axe Canadian jobs (National Post)

Either the automotive calendar year has shrunk even further, or the folks at Toyota are overly eager for you to add to their bottom line by purchasing a 2010 Toyota Corolla or 2010 Toyota Matrix, both available starting late February. Regardless, you'll soon be able get newly standard traction control and VSC (vehicle stability control) for ..


Continue here: 2010 Toyota Corolla And Matrix Get Standard Traction Control, VSC (The Car Connection)

Toyota Announces Prices for Both Vehicles -

Excerpt from:
Vehicle Stability Control and Traction Control Now Standard Equipment in 2010 Toyota Corolla and Matrix (PR Newswire via Yahoo! Finance)

Toyota has earned money selling cars and trucks every year since 1950. So its stunning announcement Monday that it would report a $1.7 billion operating loss this year confirmed fears that the auto industry is grappling with the worst global downturn in decades.

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Auto slump slams Toyota (Detroit News)

Toyota slashed its earnings forecast again Monday, projecting that it would report its first operating loss ever for the fiscal year through March on waning global demand and a surging yen.

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Toyota expects first operating loss since 1938 (USA Today)

One cannot fault Toyota for their planning. This is what makes the Corolla one of the most refined automobiles on the planet.

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Review: Toyota Corolla Altis (The Economic Times)