Toyota

Next-gen Toyota Corolla hatch to start at just over $20,000

11:02 am U.S. ET | May 25, 2018

Toyota's redesigned Corolla hatchback, aimed at first-time buyers and manual-transmission fans, will go on sale in showrooms this summer for $20,910 for the entry-level model, including shipping.... Read More »

Toyota will build fuel cell stack plant in bid to ramp up sales of hydrogen-powered cars

May 24, 2018 09:22 CET

Toyota plans to build a plant to manufacture hydrogen fuel cell stacks, a key component of fuel cell vehicles, as it seeks to increase global annual sales of the vehicles to at least 30,000 from 3,000 now.... Read More »

Toyota raises dealer reserve cap following early release from consent order

11:45 am U.S. ET | May 23, 2018

Toyota Motor Credit has raised its dealer reserve cap after satisfying terms of a 2016 consent order set by the Bureau of Consumer Financial Protection and the Department of Justice that required the lender to pay a hefty fine and limit dealer reserve.... Read More »

Bracken retiring from Lexus, to be succeeded by deputy David Christ

2:45 pm U.S. ET | May 22, 2018

David Christ, who switched from the Toyota Division to Lexus at the start of this year, will succeed his boss, Jeff Bracken, who is retiring as head of Lexus' United States operations after 40 years with Toyota.... Read More »

BMW, Toyota, Ford at odds with S. Africa over production boost plan

May 22, 2018 10:13 CET

BMW, Toyota and Ford are at odds with South Africa over its plans for them to more than double output and double their workforces in return for tax breaks.... Read More »

Subaru, Toyota team up for Crosstrek Hybrid

12:01 am U.S. ET | May 21, 2018

Subaru of America plans a plug-in hybrid version of the hot-selling Crosstrek subcompact crossover.... Read More »

Toyota plans to roll into China's EV market in GAC vehicle

12:39 pm U.S. ET | May 21, 2018

Toyota is taking an unprecedented route to meet China's stringent green car quotas: Its showrooms will sell an EV without the Japanese company's triple-oval logo and instead will feature the label of GAC Motor, Toyota's China partner.... Read More »

TALK FROM THE TOP

TOYOTA MOTOR NORTH AMERICA CEO JIM LENTZ: Nervous about profits as incentives climb

12:01 am U.S. ET | May 21, 2018

Toyota's Jim Lentz sees interest-rate increases, plateuing sales and a flood of off-lease vehicles as potential drags on profitability.... Read More »

VIDEO: Toyota's Lentz on sticking with cars, avoiding pickup overbuilds, being ready for EVs

12:01 am U.S. ET | May 14, 2018

Toyota North America CEO Jim Lentz says the automaker is eyeballing opportunities in passenger cars as rivals exit the segment. He also explains why there may be comfort in a shortage of Tacoma pickups and why being a laggard in EVs now won't hurt in the long run.... Read More »

Toyoda warns Toyota faces 'life-or-death' battle

12:01 am U.S. ET | May 13, 2018

Akio Toyoda has a new cost-cutting mantra while preparing for a new round of belt-tightening – even as Toyota books record profit.... Read More »

VIDEO: First Shift: Toyota curbs costs, spiffs, posts record profit

8:00 am U.S. ET | May 9, 2018

Toyota profits rise on cost, spiff restraints; CFPB loses another round, Cordray wins one; Audi electrification plan; Volvo's new Costco deal; Aston Martin's stylish submersible.... Read More »

Toyota quarterly profit jumps 43% on cost cutting, lower expenses

May 9, 2018 10:38 CET

Toyota profit surged 43 percent in the latest quarter as cost cutting, lower incentives and falling warranty expenses offset unfavorable foreign exchange rates and helped pilot the automaker to a record full-year net income.... Read More »

Lexus' workmanlike ES gets image makeover

12:01 am U.S. ET | May 7, 2018

With car sales falling across all segments in the U.S. and luxury sedans scrambling to differentiate themselves from competitors, Lexus' "executive sedan" is getting its star turn.... Read More »

Toyota Europe expands push into new mobility businesses

May 7, 2018 15:13 CET

Toyota will expand its push into new mobility businesses such as ride-sharing by opening a new office in London tasked with finding technology-driven products and services tailored to the European market.... Read More »

Automotive News Europe names the 2018 Rising Stars winners

May 7, 2018 06:01 CET

Seventeen young and talented automotive executives have been named as Rising Stars within the automotive industry by Automotive News Europe.... Read More »

Toyota and Yakima partner to bring sales to dealerships

12:01 am U.S. ET | May 7, 2018

Toyota and aftermarket accessory maker Yakima are doubling down on the utility in utility vehicles right from the showroom floor.... Read More »

Toyota plans to spend $1.1 billion on two Ontario RAV4 plants

11:05 am U.S. ET | May 4, 2018

Toyota plans to spend more than $1 billion upgrading two of its three Ontario assembly plants in order to build the next generation of the RAV4 crossover.... Read More »

VIDEO: AutoNews Now: Lear, union reach new deal as plant closure looms

3:30 pm U.S. ET | May 4, 2018

Lear, union reach new deal as plant closure looms; Getting ready for RAV4; Musk: Snub 'foolish'; Ferrari nearly sold out; Ford worker hurt; 'The Closer': Making cars and making up.... Read More »

LUXURY: Mercedes maintains luxe lead over BMW, Lexus

5:30 pm U.S. ET | May 1, 2018

Mercedes-Benz USA, propelled by strong demand for SUVs, topped the luxury U.S. sales race in April and continues to outpace its nearest rivals, No. 2 BMW and No. 3 Lexus, year to date.... Read More »

TOYOTA: Volume falls on weaker car, truck demand

12:26 pm U.S. ET | May 1, 2018

Toyota Motor Sales U.S.A. said sales fell 4.7 percent in April from a year earlier, breaking a winning streak over the first three months of the year, as car deliveries slid and light trucks posted only meager gains.... Read More »

2019 Lexus ES: 7 things to know

11:15 am U.S. ET | May 1, 2018

A new engine, new hybrid powertrains and a first for the ES -- a 350 F Sport model -- highlight the changes Lexus is making to the redesigned midsize sedan for 2019.... Read More »

JM Family Enterprises names Burns as CEO

12:45 pm U.S. ET | April 30, 2018

JM Family Enterprises has named Brent Burns as its new CEO, effective July 1, with current CEO Colin Brown to remain chairman of the diversified concern.... Read More »

Aisin Seiki quarterly profit rises 2.6%

3:08 pm U.S. ET | April 27, 2018

Diversified Japanese auto supplier Aisin Seiki's operating profit rose nearly 3 percent to $641 million in the fiscal fourth quarter that ended March 31.... Read More »

Toyota supplier Denso's net jumps 24% in latest fiscal year

12:11 pm U.S. ET | April 27, 2018

Denso's net income jumped 24 percent to $3.02 billion in the just-ended fiscal year, on rising vehicle production levels around the globe and cost-cutting efforts.... Read More »

Toyota invests $170 million in Miss. plant for next Corolla

3:30 pm U.S. ET | April 26, 2018

Toyota is investing $170 million at its Mississippi plant to build the next Corolla sedan, creating 400 jobs. The move will bring Toyota's investment in the plant to more than $1 billion since 2007.... Read More »

 
VW Group's new CEO Diess may have too much power

Christiaan Hetzner
12:01 am U.S. ET | May 24 2018

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Former BMW executive Herbert Diess now heads both VW Group and its core VW brand, which may be conce ...
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BMW envisions its iNext as an SUV

Christiaan Hetzner
12:01 am U.S. ET | May 23 2018

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BMW looks likely to follow Audi's e-tron and Mercedes's EQC with its own battery-powered full-size S ...
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Can autonomous vehicles be developed without risking lives?

Dave Guilford
12:01 am U.S. ET | May 14 2018

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It's easy to become enamoured of the accident-free future with autonomous cars, but before that time ...
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Porsche wants Chinese buyers to love the 911

Christiaan Hetzner
4:31 am U.S. ET | May 11 2018

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China may be Porsche's biggest market but sales of its 911 sports car are poor. ...
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Lessons learned from DaimlerChrysler

Richard Johnson
8:50 am U.S. ET | May 9 2018

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Conventional wisdom is that the combining of Daimler-Benz with Chrysler failed because of a clash of cultures, but that's an oversimplification. ...
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VW hopes marketing overhaul will banish diesel stain

Christiaan Hetzner
12:01 am U.S. ET | May 1 2018

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VW will support the launch of its I.D. ...
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Renault's push to grow outside Europe is off to a mixed start

Peter Sigal
8:50 am U.S. ET | April 27 2018

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Carlos Ghosn is betting that Renault's sales outside of Europe will drive revenues over the next six years. ...
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Why it won't be easy for global automakers to part with Chinese partners

Yang Jian
12:01 am U.S. ET | April 23 2018

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The Chinese government will phase out restrictions on foreign ownership of joint ventures with domes ...
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Schaeffler looks beyond ball-bearings with future urban mobility ideas

Peter Sigal
4:52 am U.S. ET | April 19 2018

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Schaeffler is looking toward the future of mobility with new products that include the Mover, a comp ...
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Key takeaways from VW's wild week

Christiaan Hetzner
7:13 am U.S. ET | April 13 2018

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Audi loses, Porsche wins and why VW Group parted ways with Matthias Mueller were among the key takea ...
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VW Group's China sales rose 12% in April on Audi, Skoda demand
Volkswagen Group's China sales rose nearly 12 percent in April, led by demand at the Audi and Skoda ...
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VW, Toyota, Dacia rise as Europe sales rise 10% in April
VW, Toyota and Dacia all saw their European sales rise sharply in April, outpacing a market that gre ...
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Russian sales rise 18% as buyers try to beat price hikes
New-car sales in Russia rose 18 percent in April, as consumers hastened purchases anticipating that ...
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UK sales increase 10% amid diesel slump
UK registrations rose 10 percent in April, reflecting a poor performance in the same month last year ...
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VW brand continues to recover in German market up 8%
VW brand continued to recover in its German home market last month with a 15 percent increase in reg ...
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Toyota, Hyundai and Kia among winners as Spanish sales rise 12%
New-car registrations in Spain increased 12 percent in April, with Toyota, Hyundai and Kia among the ...
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Private demand drives Italy's 7% growth
New-car sales in Italy rose 6. ...
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Hyundai, Fiat, Dacia gain as French sales rise 9%
French registrations rose 9 percent in April, led by strong gains at Dacia, Hyundai, Kia, Fiat and D ...
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Mercedes leads China luxury car sales despite Audi surge
Mercedes brand retained its lead as China's top-selling luxury brand so far this year despite a surg ...
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Premium automakers add drivetrains, body styles to stabilize midsize sales
Europe's premium automakers are diversifying drivetrain and body style choices in the core midsize s ...
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Europe's automakers invest in sedans despite SUV surge
Automakers in Europe are continuing to invest in sedans even though the body style has been losing c ...
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Hyundai, Seat add body styles to spice up key sector
Automakers such as Hyundai, Ford, Kia and Seat are experimenting with new compact-car body styles in ...
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Audi, BMW forecast to give key SUV sector a lift with new flagships
A two-year slump in the demand for premium large SUVs in Europe is expected to end in 2019 as BMW an ...
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Tesla Model S outsells German luxury flagships in Europe
Germany's premium brands are under pressure to accelerate their plans for electric cars after Tesla' ...
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Europe's luxury compact car segment forecast to decline for second year
Aging models such as the BMW 1 series and Audi A3 as well as the continued rise of SUV alternatives ...
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Europe's EV sales expected to top 200,000 this year
Sales of full-electric cars are set to surge to 200,000 this year, helped by the arrival of the new ...
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VW, Peugeot, Seat propel compact SUV sector toward new record
Strong demand for new entries from VW, Peugeot and Seat helped to increase European sales in the com ...
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Premium midsize SUVs overtake sedans, wagons in key European segment
Last year for the first time premium SUV models such as the Volvo XC60, Audi Q5 and BMW X3 were more ...
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Renault, Mercedes, Fiat give new life to pickup segment
Renault, Fiat, Mercedes, and soon PSA, are all launching pickup trucks to take on market leader Ford ...
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Porsche Canada gets new marketing director with digital focus
Porsche Canada has tapped Colas Henckes to be its new marketing director. ...
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Tesla hires Snapchat exec to head engineering
Tesla hired Snapchat maker Snap's vice president of monetization engineering, Stuart Bowers, as head of engineering to work on its Autopilot software and other projects. ...
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Continental appoints chief technology officer for China
Continental has named veteran executive Ming Jing to fill the newly created post of head of innovati ...
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Ex-AvtoVAZ CEO Bo Andersson is reborn as a supplier
Bo Andersson has been dispatched by the president of Japan's giant family-owned wiring supplier, Yaz ...
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Seating supplier Adient promotes veteran exec Fleischer to lead Europe business
Seating supplier Adient has promoted veteran executive Ingo Fleischer to head its business in Europe ...
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PSA has new heads for Russia, purchasing; sends sales expert to Opel
PSA has appointed executives to accelerate growth in Russia, boost sales at Opel, and improve purcha ...
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Russia ties stall Wolf's entry on to Porsche board
U.S. economic sanctions imposed on Russia will postpone former Magna International boss Siegfried Wo ...
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Aston Martin recruits veteran VW Group exec to lead exterior design
Aston Martin has recruited Tobias Suehlmann from VW Group's Bugatti brand as its chief exterior desi ...
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Mazda names Americas head Marumoto next CEO
Mazda named Americas chief Akira Marumoto its new CEO as the automaker -- with its limited r&d budge ...
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Rolls-Royce's former engineering chief joins Borgward
Borgward appointed Philip Koehn, former director of engineering at Rolls-Royce, as its chief technol ...
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VW takes Touareg upscale with high-tech features
VW has packed its new Touareg with the latest high-tech equipment available, including thermal imagi ...
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VW takes Touareg upscale with high-tech features
VW has packed its new Touareg with the latest high-tech equipment available, including thermal imagi ...
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Hyundai Nexo leads eco charge
Hyundai sees Europe as a key market for its Nexo fuel cell car because the region has more advanced ...
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Hyundai makes Santa Fe more family-friendly
Hyundai hopes more advanced safety and comfort features, better styling and a more refined interior ...
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BMW aims sporty X2 at young buyers
BMW's is aiming its all-new X2 at young and young-at-heart customers.The X2 is a sporty variant of t ...
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With the 720S, McLaren makes a more practical supercar
McLaren has added practical features to its 720S supercar in response to research that showed that m ...
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Nissan Leaf gets big tech, range upgrades
Nissan is counting on its sleeker, more technologically advanced, longer-range Leaf electric car to ...
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Mitsubishi expands reach in compact SUV sector with Eclipse Cross
The arrival of the Mitsubishi Eclipse Cross compact crossover gives the automaker three models that ...
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Jaguar expects to lure new customers with E-Pace
Jaguar sees the new E-Pace SUV as a conquest vehicle for the brand, with 80 percent of buyers new to ...
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With DS 7, PSA gets upscale flagship
PSA says the DS 7 Crossback will stand out from the competition because of its focus on technology, ...
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Suppliers to the new Seat Ateca
Assembly of the all-new Seat Ateca began in April 2016 at parent Volkswagen Group's plant in Kvasiny ...
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Suppliers to the new Porsche 718 Cayman
Assembly of the third-generation Porsche Cayman began in July 2016 at parent Volkswagen Group’ ...
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Suppliers to the new Nissan Micra
Assembly of the fifth-generation Nissan Micra began in December 2016 at alliance partner RenaultR ...
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Suppliers to the new Hyundai i30
Assembly of the third-generation Hyundai i30 began in December 2016 at Hyundai's plant in Nosovice, ...
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Suppliers to the new Opel/Vauxhall Insignia
Assembly of the third-generation Ope/Vauxhall Insignia began in March 2016 at the automaker's plant ...
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Suppliers to the new Ford GT
Assembly of the second-generation Ford GT began in October 2016 at Ford's plant in Markham, Canada. ...
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Suppliers to the new Audi A5
Assembly of the second-generation Audi A5 began in June 2016 at the Volkswagen Group subsidiary's pl ...
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Suppliers to the new Honda Civic
Assembly of the 10th-generation Honda Civic began in July 2016 in at Honda's plant in Swindon, Engla ...
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Suppliers to the new Ford Fiesta
Assembly of the seventh-generation Ford Fiesta began in May 2017 in at Ford's plant in Cologne, Germ ...
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Suppliers to the new Citroen C3
Assembly of the third-generation Citroen C3 began in September 2016 in at PSA's plant in Trnava, Slo ...
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