Toyota says it will scrap plans to build the Corolla compact car at a new factory under construction in Alabama. Instead it will build a new unspecified SUV at the plant i's building with Mazda in Huntsville. The company said...

Toyota is seeing a nearly doubling of profit for the fiscal third quarter, and it lifted its annual profit projection through March to 2.4 trillion yen ($22 billion), a record high for the Japanese automaker.Toyota Motor Corp. reported Tuesday an...