Toyota

2014 MANAGEMENT BRIEFING SEMINARS

Toyota exec touts supply chain benefits of staff moves to Mich.

4:20 pm U.S. ET | Aug. 6, 2014
Toyota’s plan to move supplier development and purchasing staffs to its technical center in Ann Arbor will improve suppliers relations, a top executive said today.... Read More »

 

Toyota gives $1 million to help shield Detroit museum's art from bankruptcy sale, aid pensioners

2:34 pm U.S. ET | Aug. 6, 2014
Toyota's North American arm pledged $1 million toward the Detroit Institute of Arts' goal to raise $100 million and help prevent the sale of the museum's collections during Detroit's bankruptcy case and assist city pensioners.... Read More »

 

GM prices '15 mid-sized pickups up to $10,000 below big trucks

4:00 pm U.S. ET | Aug. 5, 2014
The new Chevrolet Colorado and GMC Canyon mid-sized pickups will be priced about $8,000 to $10,000 less than comparably equipped models of their larger showroom siblings, the Silverado and Sierra. The base 2015 Colorado, to be launched this fall after a two-year hiatus, will carry a sticker of $20,995, including $895 for shipping, GM said today.... Read More »

 

Toyota cutting the andon cord, symbol of Toyota Way

Aug. 5, 2014 19:38 CET
Toyota is retiring the “andon cord,” the emergency cable strung above assembly lines that came to symbolize the built-in quality of the Toyota Way and was widely copied through the auto industry and beyond.... Read More »

 

Toyota cutting the fabled andon cord, symbol of Toyota Way

1:38 pm U.S. ET | Aug. 5, 2014
Toyota is retiring the fabled “andon cord,” the emergency cable strung above assembly lines that came to symbolize the built-in quality of the Toyota Way and was widely copied through the auto industry and beyond.... Read More »

 

2014 MANAGEMENT BRIEFING SEMINARS

California prepares for hydrogen fuel stations

3:44 pm U.S. ET | Aug. 5, 2014
Now that Toyota and other automakers are preparing to introduce fuel-cell vehicles in California, entrepreneurs are starting to build a network of hydrogen fuel stations.... Read More »

 

Toyota profit surges on U.S. SUV demand

3:21 am U.S. ET | Aug. 5, 2014
Toyota said net income in the April-to-June period rose to a record 587.8 billion yen ($5.7 billion) as surging SUV sales in the United States eclipsed shrinking demand in Japan. The company raised its North America vehicle sales target for the year.... Read More »

 

2014 MANAGEMENT BRIEFING SEMINARS

Lightweight vehicles pay manufacturing dividends to automakers

5:26 pm U.S. ET | Aug. 4, 2014
Lightweight vehicle materials are delivering significant side benefits to automakers striving to improve fuel economy.... Read More »

 

Toyota dreams of green car future, but light-truck gains are driving profits

1:00 pm U.S. ET | Aug. 4, 2014
Toyota is hitching its future to green cars, investing billions of dollars in gasoline-electric hybrids and fuel-cell vehicles, but for now its record profit performance is being powered largely by a gas-guzzling U.S. market.... Read More »

 

4 of 5 biggest players post gains in July

12:01 am U.S. ET | Aug. 4, 2014
Four of the five biggest automakers posted U.S. sales increases in July, matching or beating the industry's 9 percent gain.... Read More »

 

Sub-$30,000 Lexus car? 'Can't do it'

12:01 am U.S. ET | Aug. 4, 2014
While other luxury brands are adding lower-priced vehicles to their lineups, a senior Lexus executive vowed that his brand won't, because a car priced below $30,000 would not be worthy of the Lexus logo.... Read More »

 

Toyota to name fuel cell vehicle Mirai, report says

12:01 am U.S. ET | Aug. 4, 2014
Toyota will name its $69,000 fuel cell car Mirai, the Japanese word for future, a source told Bloomberg.... Read More »

 

Toyota asks suppliers for disaster plans

12:01 am U.S. ET | Aug. 4, 2014
To protect itself from production bottlenecks caused by unforeseen disasters, Toyota Motor Corp. has asked 400 North American suppliers to identify any key parts that are produced by just one factory. The automaker has also asked the 400 to develop backup production plans in case a single-source factory shuts down unexpectedly.... Read More »

 

HANS GREIMEL

Are fuel cell cars worth 40%-plus subsidies?

12:01 am U.S. ET | Aug. 4, 2014
Japanese Prime Minister Shinzo Abe aims to make his country's auto industry the global leader in hydrogen fuel. The effort hinges mainly on incentives and plans to extend the infrastructure. But, surprisingly, some voices in Japan say even massive incentives lack oomph.... Read More »

 

Q&A

Toyota steps in to avert supply bottlenecks

12:01 am U.S. ET | Aug. 4, 2014
As North American production rises to record levels, Toyota Motor Corp. is taking steps to prevent production glitches among its suppliers. Bob Young, the automaker's North American purchasing chief, is providing assistance to 50 suppliers that are struggling to keep up with Toyota's production needs.... Read More »

 

Mercedes' rivals develop self-driving features, too

12:01 am U.S. ET | Aug. 4, 2014
The luxury competition has a number of advanced self-driving features, but they aren't as integrated as what's offered by Mercedes-Benz.... Read More »

 

July's gist: Gains for (almost) everyone

4:26 pm U.S. ET | Aug. 1, 2014
U.S. auto sales rose 9 percent in July to 1.4 million units, a fifth strong month to ease the memory of harsh winter storms that blunted January and February volume. On the day that shareholders approved the merger that formally creates Fiat Chrysler Automobiles, Chrysler Group posted a 20 percent U.S. sales gain to lead all major players.... Read More »

 

Toyota Motor advances 12% for best July in 7 years

4:24 pm U.S. ET | Aug. 1, 2014
Sales at Toyota Motor Sales rose 12 percent in July from a year earlier to 215,802 vehicles, for the automaker's best July sales in seven years as core models posted big gains.... Read More »

 

Lexus jumps 19% for first monthly luxury win in almost a year

4:12 pm U.S. ET | Aug. 1, 2014
Lexus hasn't chased other luxury brands down-market with a sub-$30,000 car like the Mercedes-Benz CLA, yet Toyota's premium brand topped Mercedes and BMW in July for its first monthly sales win since August 2013.... Read More »

 

Supplier exec pleads guilty to price-fixing, remains an employee

4:02 pm U.S. ET | July 31, 2014
An executive from GS Electech, a supplier to Toyota, pleaded guilty Thursday to playing a role in an international conspiracy to rig bids and fix prices on auto parts, the Department of Justice said. He remains employed by the company, a spokesman said today.... Read More »

 

Denso's quarterly profit falls on Japan labor costs, compact car shift

1:28 pm U.S. ET | July 31, 2014
Denso, the Toyota-affiliated auto supplier, posted a 16.7 percent drop in April-June quarterly operating profit from a year earlier as domestic labor costs rose and as automakers sold more compact cars in Japan that tend to be less profitable.... Read More »

 

Lexus' plans exclude China plant

5:13 pm U.S. ET | July 30, 2014
Lexus has no plans to join the rush of carmakers manufacturing in China because it has to learn to crawl in that market before it runs, a top executive says.... Read More »

 

Toyota luxury boss says sub-$30K car 'wouldn't be a Lexus'

3:10 pm U.S. ET | July 30, 2014
A senior Lexus executive said that a car priced below $30,000 would not be worthy of the brand, in an indirect dig at German rivals who have been moving downmarket. "We could go down and build a car under $30,000, but it would be decontented, and you'd be cutting corners. It wouldn't be a Lexus," Mark Templin, Lexus International's executive vice president, told Automotive News.... Read More »

 

VW closes gap on Toyota's global lead

July 30, 2014 08:02 CET
Volkswagen is closing in on Toyota as the global leader in vehicle sales, with a rapid expansion drive in China while Toyota curbs growth to focus on shoring up quality.... Read More »

 

Toyota plans to name $69,000 fuel-cell vehicle Mirai, report says

9:59 am U.S. ET | July 29, 2014
Toyota is planning to name its $69,000 fuel-cell car Mirai, the Japanese word for future, a person familiar with the decision told Bloomberg.... Read More »

 

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