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Porsche

Toyota, pressed to innovate, cuts marketing outlays to fuel r&d

Toyota has begun slashing costs, starting with sales and marketing, and shifting resources into research that will help it keep up with new competitors, Reuters reported, citing people familiar with the matter.

UPDATED: 6/20/18 10:21 am ET -- adds details

Porsche throws a 70th birthday bash

On June 8, the automaker marked its 70th birthday with celebrations around the United States, with Porsche Cars North America and its U.S. dealers hosting Sportscar Together Day events for owners and the public.

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