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Toyota recalling 370,000 vehicles worldwide over bolt glitch

Japanese car giant Toyota Motor said Wednesday it was recalling some 370,000 vehicles worldwide over glitches that could cause them to stop mid-journey. The world’s biggest auto maker said around 170,000 units were being recalled because bolts pinning a valve control system inside the engine could become loose. In the…

Toyota net profit tumbles 99% in April-June

Japan’s Toyota Motor on Tuesday said net profit plunged 99 percent in April-June on the impact of the March disasters, but raised its full year net profit forecast 39 percent on recovery hopes. The world’s biggest automaker stumbled to a net profit of 1.16 billion yen ($14.9 million) in the…