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Toyota (TM) puts the pedal to the metal with a plan to roll out 19 new models in the U.S. in a...

Toyota (TM) puts the pedal to the metal with a plan to roll out 19 new models in the U.S. in a push to regain market share that it lost to rivals lost following natural disasters in Japan and Thailand. The carmaker raises its profit forecast by 11% due to the increase in production that it's initiating. Shares +1% premarket after reporting FQ3 results earlier.
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Comments (2)
  • kmi
    , contributor
    Comments (4311) | Send Message
     
    Wasn't just natural disasters, but there was also a series of fiascos that dented Toyota's bulletproof safety and reliability image.
    7 Feb 2012, 08:39 AM Reply Like
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    Toyota puts the petal to the metal calling their new model the Rosebud.

     

    Industry analysts say Toyota is merely testing its mettle.
    7 Feb 2012, 09:47 AM Reply Like
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