The world's largest automaker is cutting its forecasted profits 54 percent as production is hit especially hard by the recent flooding in Thailand.
Read This Article
Among car enthusiasts, sometimes you hear jokes like, "With as boring as the Camry and Corolla are, you wonder what the people who work for Toyota are like."
The fact is, they're nothing like you imagine them to be.
The 2014 Toyota Corolla may not break new ground, but it's destined to sell like crazy.
China's annual international auto show, which rotates each year between Beijing and Shanghai, is a mixed bag of promise and a facade of decades-old technology hiding under fresh sheetmetal.