Toyota

Recalls have little to no impact on residual values, study says

5:16 pm U.S. ET | Aug. 21, 2014
Recalls have almost no effect on vehicle depreciation rates, a new study found. Even widespread recalls that generate sweeping publicity had little to no effect on residual values, which represent the value of a used vehicle. The study comes as the U.S. auto industry will set a record in 2014 for vehicle recalls....
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Toyota to cut prices of Lexus parts in China amid antitrust concerns

7:09 am U.S. ET | Aug. 21, 2014
Toyota said today it would cut prices of parts for its luxury Lexus models in China, following similar moves by its German rivals, in response to heightened regulatory scrutiny over antitrust issues....
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Ford plans new hybrid series to compete with Toyota Prius, report says

6:11 pm U.S. ET | Aug. 20, 2014
Ford plans to introduce a new hybrid gasoline-electric car in late 2018 to compete against the best-selling Toyota Prius, Reuters reported, citing two sources with knowledge of the company's plans. The compact car will be Ford's first "dedicated" hybrid -- that is a vehicle designed to be marketed exclusively as a hybrid, rather than a variation of an existing gasoline model, such as the automaker's Fusion hybrid....
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Toyota makes stronger showing in J.D. Power seat quality study

2:25 pm U.S. ET | Aug. 18, 2014
Toyota made sizable gains in a JD Power seat quality study, with six of the 21 vehicles recognized for superior seating, two more than last year. Ford's C-Max also had a strikingly lower instance of seat-related problems than any other car in the study....
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Former automotive PR executive Mullins dies

12:01 am U.S. ET | Aug. 18, 2014
Moon Mullins, a former automotive public relations executive, died Aug. 1....
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Toyota's FT-1 revealed -- again

12:01 am U.S. ET | Aug. 18, 2014
Toyota pulled the cover off a second concept version of the FT-1 super sports car in Monterey, Calif., a sign that a production version may not be far behind....
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POWER PLAYERS

Carmakers, utilities team up so EV batteries can supply electric grid

12:01 am U.S. ET | Aug. 18, 2014
As electric vehicles have gained popularity in some circles, so has the idea of using their batteries to stabilize the electric grid -- and paying the cars' owners for the help....
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Jobs growth slows at Japanese auto plants in U.S.

12:25 pm U.S. ET | Aug. 15, 2014
Japanese automakers and their suppliers added jobs in the United States at a slower pace in 2013 than in 2012, as they continued to expand in Mexico and elsewhere to reduce the impact of currency fluctuations....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Toyota Aygo gets 'fun' makeover

Aug. 15, 2014 06:01 CET
Toyota is aiming its new Aygo minicar at younger buyers who don't take themselves too seriously, particularly men, who make up just 40 percent of current buyers....
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Ford, Chevy dangle new deals as U.S. sales, share lag

5:15 pm U.S. ET | Aug. 14, 2014
Ford and Chevrolet are getting a jump-start on summer clearance deals to spur sluggish U.S. sales and stem market-share losses. The two top-selling brands in the United States have launched Labor Day and summer promotions offering 0 percent financing for 72 months across wide swaths of their lineups. Chevy is sweetening the deal with 90 days of deferred payments on some of its most popular nameplates....
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U.S. appoints former federal prosecutor to be Toyota safety monitor

6:18 am U.S. ET | Aug. 13, 2014
Former federal prosecutor David Kelley has been appointed as the government monitor who will supervise Toyota's safety after the company's mishandling of vehicle recalls for unintended acceleration....
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MARK VAUGHN

Toyota redresses FT-1 concept

3:29 pm U.S. ET | Aug. 13, 2014
It's the second coming of the Toyota FT-1. Toyota is showing off the first and now a second FT-1 concept in California to gauge popular reaction to the car among people who might buy it....
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Q&A WITH GREG JACKSON | CEO, PRESTIGE AUTOMOTIVE GROUP

Minority dealers still don't reflect minority purchases

12:01 am U.S. ET | Aug. 11, 2014
Today, Prestige CEO Greg Jackson owns four dealerships in southeastern Michigan that sold 10,177 new Cadillac, Ford, Toyota and Mercedes-Benz vehicles last year....
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Toyota's bottom line is surging to the top

12:01 am U.S. ET | Aug. 11, 2014
Don't look now, but Toyota Motor Corp. has opened up a big lead on the rest of the global industry when it comes to profitability. The Japanese juggernaut reported last week that net income in the April-June period rose to a quarterly record $5.7 billion....
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Toyota cuts the 'andon cord,' now pushes buttons

12:01 am U.S. ET | Aug. 11, 2014
Toyota is retiring the fabled "andon cord," the emergency cable strung above assembly lines that came to symbolize the built-in quality of the Toyota Way and was widely copied through the auto industry and beyond. In its place are yellow call buttons....
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EDITORIALS

Planning for trouble

12:01 am U.S. ET | Aug. 11, 2014
Toyota is asking 400 North American suppliers to detail their disaster plans in an effort to minimize the harm and duration of future production shutdowns....
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Lexus is putting its global marketing heads together

12:01 am U.S. ET | Aug. 11, 2014
Lexus has overhauled global marketing to help leverage creative input from around the world, cut costs and deliver more consistent brand messaging....
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Venezuelan auto industry in free fall amid economic woes

11:22 pm U.S. ET | Aug. 9, 2014
VALENCIA, Venezuela (Reuters) -- Though it is the middle of the work day, the Jeep assembly plant in the central Venezuelan city of Valencia is empty, the machinery still.
...
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Toyota joins Honda in cutting China prices amid antitrust probe

12:01 am U.S. ET | Aug. 9, 2014
Toyota and Honda's Chinese ventures joined Mercedes-Benz and Audi in reducing prices of spare parts amid an antitrust investigation into the auto industry....
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Lexus to unleash $375,000 LFA successor

2:04 am U.S. ET | Aug. 8, 2014
Lexus, which ended a two-year production run of the $375,000 LFA in 2012 after manufacturing 500 units, will build a successor to the 552-horsepower car....
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JAMES B. TREECE

Toyota, supporter of Korean culture

12:28 pm U.S. ET | Aug. 8, 2014
Would you do a double-take if Volvo were the sponsor of the Country Music Awards? How about if BMW were the primary sponsor, and the only automotive sponsor, of a museum exhibit of Japanese samurai swords?...
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How Tesla-Toyota EV project lost its spark

11:34 am U.S. ET | Aug. 7, 2014
Once lauded by Tesla and Toyota as a springboard for a deeper partnership, a joint project between the two companies that produced Toyota's electric RAV4 has slowly unraveled. The tie-up was marred by clashes between engineers, according to people with knowledge of the matter, and highlights how quickly marriages of convenience can turn sour in the auto industry....
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Toyota queried by China regulator amid antitrust probe, report says

10:14 am U.S. ET | Aug. 7, 2014
China's National Development and Reform Commission, which is conducting an antitrust probe into the auto industry, has asked Toyota about its business practices, two people familiar with the matter told Bloomberg. China's recent antitrust probes rekindled concerns that Beijing may be using an anti-monopoly law to support domestic firms at the expense of foreign companies....
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2014 MANAGEMENT BRIEFING SEMINARS

Toyota exec touts supply chain benefits of staff moves to Mich.

4:20 pm U.S. ET | Aug. 6, 2014
Toyota’s plan to move supplier development and purchasing staffs to its technical center in Ann Arbor will improve suppliers relations, a top executive said today....
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Toyota gives $1 million to help shield Detroit museum's art from bankruptcy sale, aid pensioners

2:34 pm U.S. ET | Aug. 6, 2014
Toyota's North American arm pledged $1 million toward the Detroit Institute of Arts' goal to raise $100 million and help prevent the sale of the museum's collections during Detroit's bankruptcy case and assist city pensioners....
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