Toyota

Former FAW Group boss expelled from Communist Party

Aug. 13, 2015 11:21 CET

Xu Jianyi, the former chairman of China's FAW Group Corp., which makes cars with VW Group, Toyota and GM, has been expelled from the ruling Communist Party, an anti-graft agency said on Thursday.... Read More »

Lexus revs for run at luxury title

12:01 am U.S. ET | Aug. 10, 2015

Thanks to the NX small crossover, Lexus bested BMW and Mercedes-Benz in July sales and is poised to take a serious run at the luxuxy sales crown.... Read More »

Lexus: 'Dealers set the price, and that's the price'

12:01 am U.S. ET | Aug. 10, 2015

Lexus will take on one of the car business's most troublesome traditions next year -- haggling with customers over vehicle prices -- as the brand enlists dealer volunteers and allows them to set their own firm prices.... Read More »

Toyota still No. 1 where it counts: Profits

12:01 am U.S. ET | Aug. 10, 2015

Toyota Motor Corp. may have lost its title as world's biggest automaker halfway through the year, but it beat its two top rivals by miles in profits in the latest quarter, thanks largely to currency gains.... Read More »

Scion's single-trim strategy benefits dealers but also has risks

12:01 am U.S. ET | Aug. 8, 2015

Plenty of automakers limit the number of a la carte options or even packages as a way to reduce manufacturing complexity and time. For Scion, the rationale is different.... Read More »

Lexus leans on leases as U.S. luxury race tightens

2:00 pm U.S. ET | Aug. 6, 2015

Lexus is relying more on leasing than BMW and Mercedes-Benz as it challenges the German brands for the lead in U.S. sales of luxury vehicle sales. About 62 percent of Lexus vehicles have been leased this year, compared with about half for BMW and Mercedes, according to Edmunds.com data.... Read More »

Lexus plans 2nd 'flagship' model to augment LS sedan

8:00 pm U.S. ET | Aug. 5, 2015

Toyota Motor's Lexus brand is planning to launch a second top-of-the-line "flagship" model to accompany a new generation of its LS sedan, the head of the brand's U.S. operations said.... Read More »

Lexus experiments with no-haggle dealer pilot, Bracken says

11:39 am U.S. ET | Aug. 5, 2015

Lexus is piloting a haggle-free pricing program with 12 of its 236 U.S. dealers this year, says Jeff Bracken, general manager of Toyota Motor Sales U.S.A.'s Lexus Division.... Read More »

Suppliers to the 2016 Toyota Tacoma

4:00 pm U.S. ET | Aug. 5, 2015

The 2016 Tacoma is the third generation of Toyota’s midsize pickup. The Tacoma, program code 989A. is built on Toyota’s F2 platform in San Antonio and Tijuana, Mexico. Suppliers include North American Lighting, Shape, Tenneco and Yazaki. The supplier data are compiled by SupplierBusiness.... Read More »

Michigan governor markets state's automotive high-tech future

12:00 pm U.S. ET | Aug. 5, 2015

Michigan Gov. Rick Snyder has kicked off a new marketing campaign, entitled “We Run on Brainpower.” The goal is to remind engineers that Michigan is the place to go for jobs in automotive high tech innovation.... Read More »

Chinese demand may worsen as BMW and Toyota issue warnings

Aug. 5, 2015 11:10 CET

China has gone from growth engine to source of concern for carmakers, with BMW and Toyota becoming the latest companies to warn about the world's biggest auto market slowing down.... Read More »

Toyota profit jumps 10% to quarterly record on cost cuts, currency gains

3:04 am U.S. ET | Aug. 4, 2015

Toyota posted a third straight year of record profit for its first quarter as cost cuts and currency gains made up for weaker vehicle sales. Net profit jumped 10 percent to $5.22 billion.... Read More »

JULY U.S. SALES

Sales rise 5.3% on hardy crossover, truck volume

8:30 am U.S. ET | Aug. 3, 2015

U.S. light-vehicles sales -- fueled by healthy truck demand and gains at most major automakers -- rose 5.3 percent in July, helping the industry begin the second half of 2015 on a strong note. Ford Motor Co., Nissan Motor Co., Honda Motor Co., GM, Fiat Chrysler and Hyundai-Kia all had gains between 5 percent and 8 percent while Subaru scored its sixth double-digit advance of the year.... Read More »

Weak car, Scion results offset strong truck deliveries at Toyota

5:30 pm U.S. ET | Aug. 3, 2015

Toyota Motor Corp. reported flat sales in July as a big win for its Lexus brand and strong truck sales were offset by weak performances by its top sellers on the car side, the Camry and Corolla, and at Scion.... Read More »

RICHARD TRUETT

BLOG: GM's fuel cell ideas take on new relevance

10:11 am U.S. ET | Aug. 3, 2015

When GM decided to own fuel cell technology about 15 years ago, one of the ways the company used to justify the massive investment in the technology was that the stacks could be used to generate electricity in emergencies. That idea has taken on new life.... Read More »

35 with Mazda

Dealers

12:01 am U.S. ET | Aug. 3, 2015

Thane Hawkins, left, dealer principal at Polar Mazda in White Bear Lake, Minn., receives a 35-year award from Scott Farabee, Mazda North American Operations' Midwest regional general manager.... Read More »

Japanese score big in N.A. in 1st quarter

12:01 am U.S. ET | Aug. 3, 2015

Booming business in North America was a gleaming bright spot for Japanese automakers in the latest quarter, as sales and operating profits climbed higher in the region for Nissan, Mazda, Mitsubishi, Honda and Subaru's parent company, Fuji Heavy Industries.... Read More »

Former Toyota exec leads supplier into new era

12:01 am U.S. ET | Aug. 3, 2015

Toyota Motor Corp. sees high-tech braking as so critical to its next-generation vehicles, it has sent one of its highest-profile executives to run Advics, its brake-making affiliate.... Read More »

Denso maps out two-pronged mpg drive

12:01 am U.S. ET | Aug. 3, 2015

Yasushi Yamanaka, the newly appointed global r&d chief at Toyota Group mega supplier Denso Corp., is chasing two elusive methods to radically improve fuel efficiency by 2025. And neither involves sexy next-generation technologies such as electric-gasoline hybrids.... Read More »

Aisin aims to increase sales beyond top customer Toyota

12:01 am U.S. ET | Aug. 3, 2015

Aisin Seiki, Toyota Motor Corp.'s second-biggest supplier, is taking a counterintuitive approach to building business with its top customer. Aisin aims to increase sales to Toyota, in part, by selling more parts to Toyota's rivals.... Read More »

Spain fines GM, Ford, other automakers for anti-competitive practices

July 31, 2015 06:01 CET

Spain's CNMC competition authority fined 21 automakers and two consultancy firms 171 million euros for anti-competitive practices. GM and Ford were given the highest penalties.... Read More »

Denso lifts profit forecast on weaker yen

9:09 am U.S. ET | July 31, 2015

Toyota-affiliated supplier Denso lifted its profit forecast for the first half of its fiscal year, citing bigger-than-expected currency gains from a weaker yen and higher overseas production of auto parts.... Read More »

Toyota holds Apple, Google at bay with Telenav navigation deal

4:34 pm U.S. ET | July 30, 2015

Toyota will turn to a little-known company instead of Apple or Google to provide navigation and phone connectivity, as it seeks to maintain control of the car features. Toyota has been the biggest holdout among automakers as Apple and Google turn dashboards into screens that closely mirror their smartphones.... Read More »

VW passes Toyota for global sales lead in first half

July 28, 2015 08:26 CET

Volkswagen surpassed Toyota to become the biggest automaker by deliveries in the first half. VW benefited as car demand in Europe accelerated, softening the blow from a slowdown in China, its biggest market.... Read More »

At last, Honda and Toyota prepare for turbo charge

12:01 am U.S. ET | July 27, 2015

After years of setting the pace in fuel economy without relying on technologies like turbocharging, direct injection or CVTs, Japan's big three will spend the next several years playing catch-up.... Read More »

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