Toyota

BMW, Toyota move ahead on sports car with agreement on platform

June 29, 2015 14:58 CET

BMW and Toyota have moved a step further on a project to jointly develop a midsize sports car with an agreement on common underpinnings for the model. The two carmakers outlined plans for the sports car in early 2013.... Read More »

Toyota uses geography-targeted Snapchat ads

10:33 am U.S. ET | June 29, 2015

Toyota is driving "Let's Go Places" to some new digital venues that are decidedly local.... Read More »

Toyota's own glass house

12:01 am U.S. ET | June 29, 2015

Toyota last week unveiled architectural renderings of its new North American headquarters campus in Plano, Texas, which will house some 4,000 employees from divisions now scattered among operations in California, Kentucky and New York.... Read More »

'The Future' is now: Lexus will test hoverboard

12:01 am U.S. ET | June 29, 2015

It's been 30 years since the first Back to the Future movie was released, and Marty McFly only hopped on a hoverboard to evade his pursuers in the second installment released in 1989.... Read More »

Toyota expands airbag recall to Europe

June 25, 2015 08:56 CET

Toyota is expanding a recall previously issued in North America to the rest of the world to replace potentially deadly airbag inflators made by Takata. Toyota said it would recall another 2.86 million vehicles, including 1.7 million in Europe, 360,000 in Japan and 190,000 in China.... Read More »

Toyota shows off renderings of new Texas headquarters

11:45 am U.S. ET | June 24, 2015

Toyota's North American arm took another step in its migration to Plano,Texas, today, unveiling architectural renderings of a headquarters campus that will house some 4,000 employees and consolidate divisions now scattered among sites in California, Kentucky and New York.... Read More »

Lexus builds functional hoverboard prototype

11:23 am U.S. ET | June 24, 2015

Toyota is heading back to the future. The Lexus brand has actually built a working model of a hoverboard. It's real, but not for sale. Yet.... Read More »

Toyoda earned $2.84 million last year after bonus doubles

7:47 am U.S. ET | June 24, 2015

Toyota President Akio Toyoda earned 352 million yen ($2.84 million) in total compensation last year after his bonus doubled to about $2 million, the company said in a regulatory filing today.... Read More »

Toyota President Toyoda earns $10.3 million, surpassing Nissan's Ghosn

June 24, 2015 11:14 CET

Toyota President Akio Toyoda became the highest-paid auto executive in Japan last year after dividend payouts pushed his total compensation to $10.3 million, passing Nissan CEO Carlos Ghosn.... Read More »

Toyota HQ raided by police over executive's arrest, report says

10:28 am U.S. ET | June 23, 2015

Toyota's headquarters was raided by police over the arrest of the company's new communications chief, Julie Hamp, for the alleged illegal import of painkillers, a Japanese newspaper reported today.... Read More »

Toyota Europe's new sales boss must hold off surging Nissan

June 23, 2015 06:01 CET

Toyota's new European sales and marketing boss, Matt Harrison, faces the challenge of defeating Japanese rival Nissan's goal of becoming Europe's top-selling Asian brand. Nissan sales are surging thanks to new products while Toyota's aging lineup is holding back growth.... Read More »

Denso sees 15-year wait for self-driving car

3:30 pm U.S. ET | June 23, 2015

The technology to make cars fully autonomous probably won't be established until at least 2030, according to Toyota's largest supplier.... Read More »

Bumps in Toyota's road to diversity

12:01 am U.S. ET | June 22, 2015

Stumbles with two high-profile foreign executives at Toyota cast a pall over what had been a bold move forward in the internationalization of the world's biggest automaker.... Read More »

Toyoda defends 'close friend' Hamp after arrest

6:40 am U.S. ET | June 19, 2015

Toyota CEO Akio Toyoda defended his "close friend" and global communications chief Julie Hamp a day after her arrest for allegedly importing narcotic painkillers and promised the investigation will show that the company's first upper-level female executive had no intention of breaking Japanese law.... Read More »

Toyota torques up turbodiesel lineup for trucks

10:26 am U.S. ET | June 19, 2015

Toyota is stepping up a global upgrade of high-efficiency powerplants through the end of this year with the deployment of two new turbodiesel engines.... Read More »

Toyota appeals $327 million tax bill in Thailand

7:00 am U.S. ET | June 19, 2015

Toyota said its Thailand subsidiary is appealing a Thai government order to pay additional taxes that the Nikkei business daily said would total more than 11 billion baht ($327 million).... Read More »

Toyota 'confident' arrested exec Hamp didn't intend to break Japan drug laws

6:52 am U.S. ET | June 18, 2015

Toyota expressed confidence in communications chief Julie Hamp, its first female senior executive, after she was arrested Thursday on suspicion of a Japanese drug offense involving a prescribed medication, saying she did not intend to break any laws.... Read More »

Toyota tops in retained value, Edmunds.com awards show

12:01 am U.S. ET | June 18, 2015

Toyota Motor came out on top in Edmunds.com's annual Best Retained Value Awards, nabbing a brand-level award and four model-level awards. The awards recognize brands and nameplates that have the highest projected residual values after five years compared to their average transaction prices when sold new.... Read More »

Toyota to buy back up to $4.9 billion in stock

7:12 am U.S. ET | June 16, 2015

Toyota said it plans to buy back as much as 600 billion yen ($4.9 billion) in stock to avoid dilution from new shares aimed at long-term investors.... Read More »

Toyota recalls 1.37M more vehicles for airbags

2:14 pm U.S. ET | June 16, 2015

Toyota said it will increase the number of U.S. recalls involving potentially deadly front passenger-side airbags made by Takata by almost 1.37 million vehicles.... Read More »

Lexus led U.S. luxury registrations through April

2:52 pm U.S. ET | June 15, 2015

Lexus is ahead of BMW and Mercedes-Benz in U.S. registrations of luxury vehicles this year through April. The results are a reverse of the order based on the brands' reported sales figures, reinforcing that 2015 should be a tight, three-way race.... Read More »

Big May sales cut June stocks

12:01 am U.S. ET | June 15, 2015

Nothing like the best May sales in U.S. history to cut inventory down to size. The 3,524,400 unsold light vehicles in inventory on June 1 were down 110,000 from a month earlier, and the lowest count since Oct. 1.... Read More »

Toyota's new plan: Design parts, then cars

12:01 am U.S. ET | June 15, 2015

Toyota Motor Corp. has launched a program in which it invites suppliers to develop parts three or four years ahead of production -- before the automaker has even begun to design the vehicle. By having suppliers develop parts independently of a vehicle's design, Toyota can give them an extra 12 months to engineer the parts, said Bob Young, Toyota's North American purchasing chief.... Read More »

Toyota nears Plan B for parts supply

12:01 am U.S. ET | June 15, 2015

Toyota Motor Corp. says it has nearly completed its census of hundreds of North American suppliers, part of the automaker's effort to identify bottlenecks that could threaten production if a particular factory were hit by flood, fire or storm.... Read More »

Porsche, Audi, Nissan, Toyota hybrids battle at Le Mans

June 13, 2015 06:15 CET

Audi's R18 e-tron Quattro has won the Le Mans LMP1 race every year since the new hybrid powertrain rules were established in 2012, but this year it will face stiff competition from Porsche, Toyota, and Nissan.... Read More »

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