Toyota BrandPa. Toyota store must pay crash victims $16 million, jury says 12:01 am U.S. ET | March 23, 2013 A jury has ordered a Toyota dealership in Philadelphia to pay six crash victims $15.7 million for its negligent maintenance and repair of the 2006 Toyota Sienna rental in which they were riding.... Read More »
LATEST LAUNCHES Bigger Toyota RAV4 aims to win back lost buyersMarch 21, 2013 06:01 CET Toyota has made its latest RAV4 longer and wider to win back ground in the compact SUV segment. First launched in 1994, the RAV4 for many years led the segment in Europe, but last year slipped to sixth place.... Read More »
Toyota recalls FJ Cruiser to inspect, repair rear seat-belt retractors 2:54 pm U.S. ET | March 15, 2013 Toyota is recalling about 310,000 FJ Cruiser compact SUVs worldwide because cracks can develop in the rear door panels, allowing the seat-belt retractors to detach.... Read More »
2013 NEW YORK AUTO SHOW Toyota plans N.Y. unveiling for 2014 Highlander 5:24 pm U.S. ET | March 13, 2013 Toyota plans to introduce the redesigned 2014 Highlander crossover at the New York Auto Show this month.... Read More »
Toyota names former GM exec Hogan to board in overhaul 5:55 am U.S. ET | March 6, 2013 Toyota appointed former General Motors executive Mark Hogan to its board, installing the first foreigner since 2007 and the first outside director ever in an attempt to breathe fresh perspective into the mammoth Japanese carmaker.... Read More »
Toyota blinks on Camry deals after February sales fall 6:34 pm U.S. ET | March 5, 2013 To see the constant tension at automakers between sales volumes and profit margins, look no further than the current state of Toyota's Camry. A rare dip in U.S. sales for the Camry last month reflects rising competition for Toyota. In response, Toyota has begun offering no-interest financing on the 2013 Camry, excluding the hybrid version.... Read More »
Crossovers, trucks juice Toyota's Feb. gains 5:20 pm U.S. ET | March 1, 2013 Toyota Motor Sales posted a 4 percent sales gain in February, to 166,377 units, with big gains in crossover and truck sales countering declining volumes for Camry and Prius.... Read More »
GM targets 20% increase in plug-in hybrid output this year 12:49 pm U.S. ET | Feb. 27, 2013 GM is planning this year to build as many as 36,000 Chevrolet Volt and other plug-in hybrids, 20 percent more than it sold in 2012, two people familiar with the effort said.... Read More »
Toyota Prius being evaluated by NHTSA for steering-shaft concerns 1:41 pm U.S. ET | Feb. 26, 2013 The National Highway Traffic Safety Administration is looking into whether steering shafts in Toyota Prius models spanning from 2004 through 2009 model years are defective.... Read More »
Toyota to expand Russia lineup with U.S.-made VenzaFeb. 26, 2013 13:34 CET Toyota will expand its model lineups in Russia and Ukraine by adding the U.S.-built Venza to the mix. The world's largest automaker will begin shipments of the wagon later this year as a way to generate added revenue for its U.S. operations.... Read More »
GENEVA AUTO SHOW PREVIEW Luxury to the max 12:01 am U.S. ET | Feb. 25, 2013 European automakers are reeling from a slump in sales, but the focus at the Geneva auto show next week will be on the kinds of cars that have largely escaped the region's downturn -- super-expensive ones.... Read More »
NASCAR builds brand appeal 12:01 am U.S. ET | Feb. 18, 2013 The Daytona 500 is set for Sunday, and executives from Ford, Chevrolet and Toyota racing divisions say nothing fires up an automaker's fan base and boosts its image among consumers more than a NASCAR victory.... Read More »
Honda's Europe problems extend beyond market slump, analysts sayFeb. 11, 2013 06:01 CET Honda is cutting jobs in the booming UK auto market because it says there are no signs that Europe's car sales slump will end soon. Analysts believe Honda's problems go beyond the slump, especially since rival Nissan continues to add workers and production at its UK factory.... Read More »
CHICAGO AUTO SHOW An upscale urban-cowboy ride 12:01 am U.S. ET | Feb. 11, 2013 During the recession, so-called urban cowboys -- buyers who chose pickups as a lifestyle statement, not because they needed them for work -- dropped out of the market in droves. As a result, the full-sized pickup market crashed from 2.5 million in 2005 to 1.1 million in 2009. But Toyota says the personal-use buyer is coming back and wants his truck loaded with goodies.... Read More »
Toyota expects extended boom in big pickups 12:01 am U.S. ET | Feb. 11, 2013 Toyota is buoyant about the full-sized pickup market as it prepares to bring out a revamped Tundra this fall.... Read More »
GM lowers Malibu pricing to compete with Camry in online searches 1:34 pm U.S. ET | Feb. 8, 2013 GM, aiming to make the mid-sized Chevrolet Malibu sedan more appealing to online car shoppers, lowered the car's price by hundreds of dollars to compete with better-selling mid-sized sedans. GM lowered the prices of Malibu by as much as $770 as the automaker seeks to improve its results in a segment that includes five of the 20 most popular vehicles in the United States.... Read More »
2013 CHICAGO AUTO SHOW Toyota renews assault on big pickup market with refreshed Tundra 10:30 am U.S. ET | Feb. 7, 2013 Toyota is making a fresh assault on the full-sized pickup market with a redesigned 2014 Tundra unveiled today at the Chicago Auto Show. The 2014 model, mechanically very similar to the outgoing Tundra, has undergone significant sheet metal and interior changes. But will it be enough to convince truck enthusiasts to buy a Tundra instead of the recent and upcoming redesigns of the Dodge Ram, Chevrolet Silverado, GMC Sierra and Ford F series?... Read More »
Redesigned Nissan Titan pickup truck due next year 4:31 pm U.S. ET | Feb. 6, 2013 Nissan's U.S. arm is preparing to expand its lineup of full-sized pickup trucks as it replaces the aged Titan, which has not been significantly refreshed since it was introduced in 2003. Engineers and designers are leaving "nothing off the table" in delivering a competitive truck to U.S. consumers, said Pierre Loing, Nissan North America's chief for product planning and marketing strategy.... Read More »
Chicago Auto Show preview 12:01 am U.S. ET | Feb. 4, 2013 Toyota will make a big splash at the Chicago Auto Show this week with the introduction of its redesigned Tundra pickup. The full-sized truck will be positioned upscale, avoiding a direct face-off with the Detroit 3 pickups, say company sources.... Read More »
Spiced up middle-aged Corolla key to Toyota profits, sales lead 12:01 am U.S. ET | Feb. 2, 2013 With Toyota back on top as the world's largest automaker, President Akio Toyoda isn't looking to a relative youngster like the Prius hybrid to defend that lead. Instead, he's counting on a middle-aged veteran: the 47-year-old Corolla.... Read More »
Toyota extends surge into 2013 11:59 am U.S. ET | Feb. 1, 2013 Toyota's sales in the United States jumped 27 percent in January, echoing their increase for all of 2012 and signaling another year of market-share gains.... Read More »
Plug-in hybrid, EV sales drop sharply from December 4:41 pm U.S. ET | Feb. 1, 2013 U.S. sales of plug-in electric cars started 2013 slowly, as demand for the Chevrolet Volt, the Toyota Prius plug-in and Nissan Leaf declined in January from December.... Read More »
Toyota tops car brands in U.S. consumer perception, survey says 12:16 am U.S. ET | Feb. 1, 2013 Toyota again topped an annual consumer survey on brand perception in the United States released today as all the top automakers' scores rose from last year.... Read More »
Super spots 12:01 am U.S. ET | Jan. 28, 2013 The 2013 Super Bowl next week will be super for automotive advertisers. As of late last week, eight auto industry players had confirmed plans to air 11 commercials during the big game for a total cost of an estimated $60 million. Advertisers are trying new ways to build buzz.... Read More »
Group 1 deal for Brazil's UAB Motors opens new frontier for growth 8:38 pm U.S. ET | Jan. 24, 2013 Group 1 Automotive's plan to acquire one of Brazil's largest dealership groups signals another frontier for the U.S. auto industry's expansion-minded publicly traded dealership groups. Until now, Group 1 and Penske Automotive Group have concentrated on Europe when it came to overseas acquisitions while joining their four big peers in selectively adding U.S. stores.... Read More »
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Special Report
Toyota's Lentz: 'It's really a three-horse race'Toyota's Jim Lentz believes the Camry will extend is 11-year reign as the best-selling car in the United... Mon., May 20» Watch the Video |
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