Toyota

VW says 2,700 cars damaged in China port blasts

Aug. 17, 2015 12:15 CET

VW said about 2,700 of its imported cars were damaged in last week's blasts at China's largest port for vehicle imports. Toyota said evacuation orders in the area have halted three of its production lines.... Read More »

Toyota to embrace online car shopping

12:01 am U.S. ET | Aug. 17, 2015

Toyota plans to unveil its own version of Scion's Pure Process Plus online transaction system within the next six to 12 months.... Read More »

Freshened Lexus LX gets 8-speed, updated interior and exterior

12:01 am U.S. ET | Aug. 17, 2015

For 2016, the Lexus LX gets a dramatically updated interior and exterior, with a more aggressive version of the Lexus “spindle grille,” LED headlights, revised taillights, and new rear bumper and wheel options.... Read More »

Toyota loses China output as plants stay shut on Tianjin blasts

10:42 pm U.S. ET | Aug. 16, 2015

Toyota will lose its biggest source of car production within China for at least three days, as automakers struggle to assess the damage of last week's explosions in the port city of Tianjin.... Read More »

Lexus fine-tunes LX, GS in return to luxury roots

10:00 pm U.S. ET | Aug. 13, 2015

Lexus, which has been busy in recent years proving its hipness to millennials, came to this monied coastal enclave Thursday to show that it hasn't forgotten its roots, or its customers, in the old-school luxury market.... Read More »

Autoliv, ZF TRW gain from Takata's recall troubles

Aug. 13, 2015 10:33 CET

By March, Autoliv, Daicel and ZF TRW Automotive will make about 68 percent of the inflators used to repair faulty Takata airbags behind a record vehicle-safety recall. Autoliv estimates it will supply as many as 20 million replacement inflators in 2015 and 2016.... Read More »

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 »

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