Officially, Toyota says the reason the Scion brand is going away because of a change in that demographic’s attitude-they’re no longer turned off by buying the sorts of vehicles their parents do, making Scion superfluous, says the News.
Emerging equities snapped a two-day losing streak to jump 2.3 percent on Thursday and currencies rose against the dollar as the fading prospect of more near-term United States rate rises pushed the greenback to three-month lows.
After 13 years its time to grow up, or so said Toyota as it dropped the ax on its youth-centric Scion brand this morning. Since it was established in 2003, the average Scion customer is 36-years-old in the USA – the youngest in the industry south of the border.
The initial outbreak, which began in the Pacific Northwest, involved a strain of Shiga toxin-producing Escherichia coli 026, or STEC026, and 55 people were reported ill in 11 states between October 19 and December 1, 2015. The second, smaller outbreak, infected five people from...
Toyota confirmed Wednesday that it has killed its ailing Scion brand, which was spun off as a separate lineup of vehicles in 2003 but slumped in recent years after critical flops and slumping auto sales.
According to Yahoo, the size of the workforce next year would be about 42 percent smaller than it was in 2012, consisting of about 9,000 employees and less than 1,000 private contractors.
The bank posted a 2015 net loss of 2.94 billion Swiss francs (2 billion pound), worse than the median estimate of a 2.12 billion loss in a Reuters poll.
Los Angeles prosecutors filed criminal charges against the Southern California Gas company on Tuesday over a huge methane leak near the city that has forced thousands of residents from their homes since October.
Applauding the economic reforms unveiled by India, tech giant Apple’s CEO Tim Cook said the world’s third largest smartphone market presents a “very good business environment” going ahead.