ToyotaToyota recalls 250,000 hybrids, 86,500 in U.S. 7:09 am U.S. ET | June 5, 2013 Toyota is recalling 242,000 hybrid vehicles worldwide, including 86,500 Toyota Prius and Lexus HS 250h hybrids in the United States, to fix a braking glitch.... Read More »
Bill Templeton, longtime SW Florida Toyota dealer, dies at 84 1:46 pm U.S. ET | June 4, 2013 Bill Templeton, former owner of Fort Myers Toyota in Fort Myers, Fla., died May 20. He was 84.... Read More »
Industry gets back on track in May, snuffs out slump concern 5:27 pm U.S. ET | June 3, 2013 The U.S. auto industry regained its early-2013 sales form in May, but the results were decidedly mixed among major automakers. The seasonally adjusted annual rate of sales rebounded to 15.3 million from April's 14.9 million, effectively halting worries of a downtrend after the previous five monthly SAARs had topped 15 million.... Read More »
Toyota sales rise 3%; Camry regains car crown 5:16 pm U.S. ET | June 3, 2013 Led by the resurgence of the Camry mid-sized sedan, Toyota Motor Sales U.S.A.'s sales rose 3 percent in May, to 207,952 units. Toyota Division's sales increased 2 percent to 185,723 units, while Lexus gained 4 percent, to 22,229 vehicles sold.... Read More »
JESSE SNYDER EV's biggest danger? If buyers feel stupid 4:09 pm U.S. ET | June 3, 2013 Electric vehicle sales have hit a rough spot. Sales are soft, flat or even falling, and prices are dropping. And I see a big risk here for future sales that executives aren't voicing: the risk of making actual buyers feel stupid.... Read More »
Japan's nonstop search for best stop-start system 12:01 am U.S. ET | June 3, 2013 Suppliers and carmakers are trying out competing energy-storage systems to power the fuel-saving engine stop-start systems that are increasingly common on vehicles.... Read More »
UNPLUGGED Early adopters have their EVs, but the crucial second-tier buyers haven't stepped up. And the price war has begun. 12:01 am U.S. ET | June 3, 2013 Disappointing sales of electric vehicles have plunged the segment into an old-fashioned price war -- one that some EV proponents fear could erode acceptance of the technology in the long term.... Read More »
Automated cars show promise, but not ready for wider use, regulators sayMay 30, 2013 17:34 CET Self-driving cars could have huge benefits for drivers in the long run, but they should remain in the experimental phase for now, U.S. federal auto safety regulators say.... Read More »
Toyota sees higher May sales on rising Prius deliveries 7:34 pm U.S. ET | May 30, 2013 Toyota expects to post an increase in U.S. vehicle deliveries in May from a year earlier, aided by an improvement in sales of the Prius hybrid line.... Read More »
Automated cars show promise, but not ready for wider use, regulators say 11:34 am U.S. ET | May 30, 2013 Self-driving cars could have huge benefits for drivers in the long run, but they should remain in the experimental phase for now, federal auto safety regulators say.... Read More »
Toyota to raise board compensation 28% as earnings increase 9:43 am U.S. ET | May 28, 2013 Toyota plans to increase compensation and bonuses for board members as it forecasts profit and sales will climb to the highest level in six years.... Read More »
At lunch, no prix fixe menu 12:01 am U.S. ET | May 27, 2013 Mark Reuss, General Motors' North America president, and Jim Lentz, CEO of Toyota Motor Sales U.S.A., gave commencement speeches this month at Northwood University in Michigan. Then the two executives got together for lunch.... Read More »
Toyota Prius generates most online buzz, study says 12:01 am U.S. ET | May 26, 2013 The Toyota Prius was the most talked about hybrid vehicle online, generating $14.5 million in total media value, from January through April, according to a new study from a social analytics company.... Read More »
New wave of American design stokes Detroit 3 market share gains 12:01 am U.S. ET | May 25, 2013 From the fires of Detroit's descent into near-death, GM, Ford and Chrysler have forged some of the most distinctive designs since tailfins were soaring in the halcyon days of the postwar-era. Models such as the Cadillac ATS sports sedan, Ford Fusion family car and Jeep Grand Cherokee are turning heads and stoking sales.... Read More »
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, citing high operating 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 »
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Special Report
Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
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