READY FOR BATTLEMay 13, 2018
Akio Toyoda has a new cost-cutting mantra while preparing for a new round of belt-tightening – even as Toyota books record profit.
Toyota's Lentz on sticking with cars, avoiding pickup overbuilds, being ready for EVsMay 14, 2018
Toyota North America CEO Jim Lentz says the automaker is eyeballing opportunities in passenger cars as rivals exit the segment. He also explains why there may be comfort in a shortage of Tacoma pickups and why being a laggard in EVs now won't hurt in the long run.
Toyota quarterly profit jumps 43% on cost cutting, lower expensesMay 9, 2018
Toyota's operating profit surged 43 percent in the latest quarter as cost cutting, lower selling outlays and falling warranty expenses offset unfavorable foreign exchange rates and helped pilot the automaker to a record full-year net income.
More EU diesel exits may follow Nissan, ToyotaMay 8, 2018
Nissan's decision to quit sales of diesel cars in Europe, where demand has slumped as customers worry about tax rises and looming bans, is set to see more automakers join in.
Bland no more: Lexus ES gets image makeoverMay 7, 2018
With car sales falling across all segments in the U.S. and luxury sedans scrambling to differentiate themselves from competitors, Lexus' "executive sedan" is getting its star turn.
Toyota plans to spend $1.1 billion on two Ontario RAV4 plantsMay 4, 2018
Toyota plans to spend more than $1 billion upgrading two of its three Ontario assembly plants in order to build the next generation of the RAV4 crossover.
Get accessories, get on the roadMay 7, 2018
Toyota and aftermarket accessory maker Yakima are doubling down on the utility in utility vehicles right from the showroom floor.
Toyota Research Institute to open autonomous testing facility in MichiganMay 3, 2018
The Toyota Research Institute plans to open a closed-course testing facility to develop autonomous vehicles in October at the Michigan Technical Resource Park in Ottawa Lake, Mich.
LUXURY: Mercedes maintains luxe lead over BMW, LexusMay 1, 2018
Mercedes-Benz USA, propelled by strong demand for SUVs, topped the luxury U.S. sales race in April and continues to outpace its nearest rivals, No. 2 BMW and No. 3 Lexus, year to date.
TOYOTA: Sales fall as cars and trucks softenMay 1, 2018
Toyota Motor Sales U.S.A. said sales fell 4.7 percent in April from a year earlier, breaking a winning streak over the first three months of the year, as car deliveries slid and light trucks posted only meager gains.
JM Family Enterprises names Burns as CEOApril 30, 2018
JM Family Enterprises has named Brent Burns as its new CEO, effective July 1, with current CEO Colin Brown to remain chairman of the diversified concern.
Aisin Seiki quarterly profit rises 2.6%April 27, 2018
Diversified Japanese auto supplier Aisin Seiki's operating profit rose nearly 3 percent to $641 million in the fiscal fourth quarter that ended March 31.