Ford to shutter Australia car, engine plants in 2016May 23, 2013 06:01 CET  Ford will close its Australian car and engine assembly plants in 2016, ending almost nine decades of manufacturing in the country.... Read More »
Ford to shutter Australia car, engine plants in 2016 8:04 pm U.S. ET | May 22, 2013  Ford, saddled with high costs, falling sales and financial losses, will close its Australian car and engine assembly plants in 2016, ending almost nine decades of manufacturing in the country. Ford, the smallest of the country's three manufacturers after Toyota and GM, will shut its assembly plant in Broadmeadows in northern Melbourne and an engine plant in Geelong to the west of the city, Ford Australia CEO Bob Graziano said.... Read More »
TALK FROM THE TOP: JIM LENTZ, CEO, NORTH AMERICA REGION, TOYOTA MOTOR CORP. Toyota streamlines decision-making for North America 12:01 am U.S. ET | May 20, 2013  Toyota President Akio Toyoda restructured the company's management this year to give more authority and autonomy to local regions. Nowhere was this more evident than in North America, where Jim Lentz, CEO of Toyota Motor Sales, was placed in charge of all Toyota sales and manufacturing for the region.... Read More »
Toyota overtakes BMW as most valuable global car brandMay 21, 2013 01:15 CET  Toyota has overtaken BMW as the world's most valuable automotive brand, an annual ranking of the world's top brands shows. Toyota's 2013 brand value rose 12 percent to $24.5 billion largely because of its significant inroads in the hybrid market, according to the study.... Read More »
VIRAL MANIA Online video has changed how auto marketers connect with customers 12:01 am U.S. ET | May 20, 2013  Online video has redrawn the boundaries of auto marketing, giving companies a chance to sketch a broader story line around their products, break the conventions of TV and connect with customers in new ways... Read More »
It's official: Tundra is a bit player in pickups 12:01 am U.S. ET | May 20, 2013 Gone are the days when Toyota expected to challenge Detroit's dominance in full-sized pickups. "We're never going to challenge the Big 3 in terms of volumes," said Jim Lentz, CEO of Toyota's North American region.... Read More »
Toyota plans big hike in lithium ion battery output 12:22 pm U.S. ET | May 19, 2013  Toyota is planning to increase production of lithium ion batteries by six times, as the automaker prepares to eventually use them in its flagship Prius gasoline-electric hybrid cars, the Nikkei business daily reported on Sunday.... Read More »
Subaru, Mitsubishi small crossovers top new crash test 12:01 am U.S. ET | May 16, 2013  The Subaru Forester and Mitsubishi Outlander Sport have won top honors from the Insurance Institute for Highway Safety, becoming the only small SUVs to ace the group's new "small overlap" crash test.... Read More »
Toyota plant in France starts Yaris output for U.S.May 16, 2013 14:48 CET  Toyota Europe has started making the Yaris for North American export at its plant in Valenciennes, France, marking the first time the automaker's European-built models have been exported to the United States and Canada.... Read More »
Toyota plant in France launches Yaris output for U.S. 8:48 am U.S. ET | May 16, 2013  Toyota Europe has started making the Yaris for North American export at its plant in Valenciennes, France, marking the first time the automaker's European-built models have been exported to the United States and Canada.... Read More »
U.S. to monitor cybersecurity risks as car connectivity grows 3:04 pm U.S. ET | May 15, 2013  Rising cybersecurity risks to drivers as their cars become increasingly powered by and connected to computers have prompted federal auto safety regulators to start a new office focusing on the threat.... Read More »
Hyundai, Mercedes, Nissan, Toyota join DOE in fuel cells push 4:07 pm U.S. ET | May 13, 2013  Hyundai Motor, Daimler AG's Mercedes-Benz unit, Nissan Motor and Toyota Motor have linked with the Department of Energy to prepare for the first major wave of hydrogen-powered cars, the department said today... Read More »
Domestic brands score well in owner-perception survey 8:00 am U.S. ET | May 13, 2013 Volkswagen Group and Ford fared well among automakers in an annual study released today measuring quality and how deeply consumers feel about a new car or light-truck purchase after several months of ownership.... Read More »
Toyota puts high beams on headlight regulation 12:01 am U.S. ET | May 13, 2013  With a recent petition, Toyota has intensified the pressure on safety regulators to approve new headlights currently forbidden on U.S. roads. The headlights use cameras to detect other cars and automatically dim the portions of the high beam that would shine in other drivers' eyes.... Read More »
Progress in supplier relations stalls 12:01 am U.S. ET | May 13, 2013  Automakers in North America failed to make progress in improving relations with suppliers over the past year, an annual study says.... Read More »
SURGICAL MARKETING STRIKES Automakers grow adept at targeting ads to Internet surfers 12:01 am U.S. ET | May 13, 2013  The digital age has spawned effective ways for auto marketers to swipe customers from competitors. By monitoring the online shopping habits of millions of consumers, marketers can place online ads in front of shoppers quickly and precisely.... Read More »
Falling yen lifts outlook for Japanese 12:01 am U.S. ET | May 13, 2013 For five years, a rising yen undermined Japanese automakers' profits. Now the currency's sudden weakening has delivered dramatic gains, especially in the January-March quarter.... Read More »
Toyota: N.A. to fuel biggest profits in 6 years 12:01 am U.S. ET | May 13, 2013 Toyota Motor Corp. expects North America to be its fastest-growing market this fiscal year, driving the company to its highest profits since the global financial crisis.... Read More »
CARS & CONCEPTS Next Corolla gets CVT, 2 engine choices 12:01 am U.S. ET | May 13, 2013  The redesigned 2014 Toyota Corolla that debuts here on June 6 will have a continuously variable transmission and will be offered with a choice of two engines, company officials have told dealers.... Read More »
EDITORIAL NHTSA must see the light on safety updates 12:01 am U.S. ET | May 13, 2013 The National Highway Traffic Safety Administration needs to review its process for allowing automakers to introduce advances in lighting technology.... Read More »
JAMES B. TREECE Can Akio be the Steve Jobs of Lexus? 12:01 am U.S. ET | May 13, 2013  Toyota Motor Corp. President Akio Toyoda wants to take personal responsibility for injecting design and performance pizazz into the Lexus brand. In essence, Toyoda is setting out to be the automaker's equivalent of the late Steve Jobs, the legendary boss of Apple James B. Treece is industry editor for Automotive News.... Read More »
In boon for Japan's automakers, yen tumbles over milestone 10:21 pm U.S. ET | May 9, 2013  Toyota's half-decade of fighting the yen is over, at least for now. The weakening yen breached 100 against the dollar in U.S. trading on Thursday, paving the way for Japanese automakers to emerge from an unprecedented stretch where the currency's appreciation roiled their ability to sell cars overseas at a profit.... Read More »
JAMES B. TREECE Is Akio Toyoda cut from the Steve Jobs mold? 12:48 pm U.S. ET | May 8, 2013  Toyota Motor Corp. President Akio Toyoda wants to take personal responsibility for injecting design and performance pizazz into the Lexus brand.... Read More »
Toyota quarterly profit rises to $3.17 billion 2:39 am U.S. ET | May 8, 2013  Toyota more than doubled its fourth-quarter net profit as the yen's depreciation helped the automaker export more profitably and U.S. sales of the Avalon sedan and Tacoma pickup were strong. The company posted net profit of 313.9 billion yen ($3.17 billion), compared with 121 billion yen last year.... Read More »
Toyota quarterly profit rises to $3.17 billionMay 8, 2013 08:39 CET  Toyota more than doubled its fourth-quarter net profit as the yen's depreciation helped the automaker export more profitably and U.S. sales of the Avalon sedan and Tacoma pickup were strong. The company posted net profit of 313.9 billion yen ($3.17 billion), compared with 121 billion yen last year.... Read More »
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