Toyota

JIM LENTZ, CEO, TOYOTA NORTH AMERICA

Plano pioneer: Lentz plots his next moves at Toyota

12:01 am U.S. ET | May 18, 2015

Toyota Motor Corp.'s North American CEO was among the first employees to relocate to the new corporate home in Texas last September, part of an expeditionary team for what eventually will be a 4,000-strong work force. Now it's on to the work of launching six new vehicles this year, including the Miraj hydrogen fuel cell car....
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In the eyes of suppliers, Toyota and Honda surge

12:01 am U.S. ET | May 18, 2015

As far as North American suppliers are concerned, Toyota and Honda are the gold standard, while Ford, Nissan, Fiat Chrysler and General Motors are also-rans. That's the takeaway from John Henke's latest study of supplier-automaker relations....
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NORA NAUGHTON

BLOG: Celebrating David Letterman's top 10 automotive moments

12:01 am U.S. ET | May 18, 2015

David Letterman, whose final “Late Show” airs Wednesday night, is quite a car buff, keeping his collection hidden away, a CBS spokesman says. Here's a look at his top 10 automotive moments....
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AUTOMOTIVE NEWS MARKETING SEMINAR

Marketers pitch family, sports across cultures

12:01 am U.S. ET | May 18, 2015

Faced with a rapidly diversifying customer base, the auto industry's top marketing minds are increasingly turning to a pair of unifying forces: family and sports....
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Takata, Japan automakers stuck in uneasy reliance

7:46 am U.S. ET | May 17, 2015

Airbag supplier Takata and Japanese carmakers including Honda are locked in the commercial equivalent of a bad marriage -- not entirely happy in each other's company but unable to break apart and wary of potentially costly court battles....
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What drew Mazda, Toyota together?

12:01 am U.S. ET | May 17, 2015

Akio Toyoda and Masamichi Kogai sounded more like lovebirds than CEOs when they announced a shared vision for wide-ranging Toyota-Mazda cooperation. Yet it is still unclear what that vision is and how it will play out in joint projects....
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Toyota's HQ plans find good company in Texas

12:01 am U.S. ET | May 16, 2015

Toyota's giant 2.1-million-square-foot headquarters will be a big presence in the increasingly crowded Plano, Texas, neighborhood known as Legacy West. Across the street, the new headquarters for FedEx Office are nearly complete. Other neighbors include Frito-Lay, Pizza Hut and J.C. Penney....
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Honda, Daihatsu add 5 million cars to Takata airbag recall

4:40 am U.S. ET | May 14, 2015

The Takata airbag recall expanded by millions more vehicles for the second time in as many days, with Honda and Daihatsu calling back more inflators. The latest recalls affect some 4.89 million vehicles at Honda and about 260,000 at Daihatsu, the mini vehicle subsidiary of Toyota....
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Former supplier exec indicted in ongoing U.S. price-fixing probe

1:15 pm U.S. ET | May 14, 2015

A former executive with Japanese supplier T.RAD has been indicted for conspiring to fix prices of radiators sold in the United States....
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Toyota, Mazda form partnership to share technologies, confront cost challenges

6:39 am U.S. ET | May 13, 2015

Toyota and Mazda have agreed to form a “long-term partnership” that deepens collaboration on products, manufacturing and technologies as carmakers race to spread spiraling development costs amid ever-stricter emissions standards....
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Toyota, Nissan add 6.5 million cars to Takata airbag recall

May 13, 2015 08:02 CET

Toyota and Nissan are recalling more than 6.5 million cars globally to replace potentially faulty airbag inflators made by Takata. Toyota's recall involves 35 models including 1.27 million in Europe and 637,000 in the U.S. Nissan's recall includes 563,000 cars in Europe and 326,000 in North America....
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Auto marketers focus on diversity, sports

10:40 am U.S. ET | May 13, 2015

What’s on the minds of some of the top marketing gurus in the automotive industry? Sports and diversity. That’s according to a quartet of executives who took to the stage Tuesday afternoon here at the Westin Bonaventure hotel as part of Automotive News’ annual L.A. Marketing Seminar....
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Google, Delphi disclose crashes in self-driving cars

7:17 pm U.S. ET | May 11, 2015

Four experimental self-driving cars have had fender-benders on California roads since September, when the state first required companies such as Google to hold permits for testing on public roads, according to a new report....
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Lentz on Lexus: Few regrets

12:01 am U.S. ET | May 11, 2015

Toyota's North American CEO Jim Lentz says it would have been wiser for Lexus to have invested in a three-row crossover instead of the sporty RC coupe. But Lexus' performance this year has left little reason for regrets....
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Scion to announce 3rd new vehicle this fall, sources say

12:01 am U.S. ET | May 11, 2015

Scion is gearing up for a rebound with two new vehicles, the iA sedan and iM hatchback, both shown last month at the New York auto show. But sources say a third new vehicle on Scion's docket is scheduled to be announced this fall, possibly in November at the Los Angeles Auto Show....
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Toyota, Mazda in talks on expanding partnership, report says

7:18 am U.S. ET | May 9, 2015

Toyota and Mazda are in talks to expand their technology partnership to fuel-cell vehicles, sources told Reuters on Saturday, as global automakers face rising costs to comply with stricter emission regulations....
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Toyota quarterly profit jumps 46% on U.S. sales, weak yen

2:39 am U.S. ET | May 8, 2015

Booming North American sales and big foreign exchange gains powered surging profits at Toyota in the latest quarter while propelling record full-year earnings. Operating profit jumped 46 percent to $5.31 billion in the carmaker's fiscal fourth quarter....
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Toyota to ax 100 dealerships in Germany on falling sales

May 8, 2015 06:01 CET

Toyota plans to ax 100 dealerships in Germany as the automaker's vehicle sales plunge in Europe's biggest market....
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NEWS ANALYSIS

Self-driving cars are a lot closer than you think

6:42 am U.S. ET | May 7, 2015

Each year, bit by bit, cars will become more fully autonomous as the industry bakes “driver-assist” technology into packages of safety options. Gadgetry that five years ago seemed like science fiction is quietly becoming commonplace in a range of models, from luxury Audis to middle-market Subarus....
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CHRISTIAAN HETZNER

BLOG: Why VW tops rivals Toyota and GM in workforce size

12:01 am U.S. ET | May 7, 2015

VW Group has more global employees than Toyota and GM combined. The surplus of workers is unlikely to change anytime soon because of the powerful role unions play at the automaker....
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Toyota picks 8 stores to sell Mirai hydrogen car

4:02 pm U.S. ET | May 6, 2015

Toyota, seeking a smooth debut this fall for its Mirai hydrogen car, said it will initially sell the car through just eight dealerships in California....
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Scion FR-S gets light refresh for 2016

12:00 pm U.S. ET | May 5, 2015

Toyota is giving the rear-wheel-drive Scion FR-S a light refresh for the 2016 model year. The interior gets most of the attention, with silver trim accents and a new standard 7-inch touch screen. The FR-S also will feature voice-recognition technology, Toyota says....
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A colossal month for crossovers

12:01 am U.S. ET | May 4, 2015

Crossovers pulled into the fast lane and sped ahead in April, driving a 4.6 percent rise in the month's U.S. sales to 1,455,242 light vehicles....
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APRIL U.S. AUTO SALES

Light trucks drive industry to 4.6% gain

8:30 am U.S. ET | May 1, 2015

U.S. light-vehicle sales, fueled by demand for light trucks, rose 4.6 percent in April as every automaker but Honda recorded an increase. The industry stretched its streak of advances from the year-earlier month to 14, yet the total was weaker than analysts' forecasts....
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Benz overtakes BMW in U.S. luxury race

3:33 pm U.S. ET | May 1, 2015

Luxury auto sales are outpacing U.S. industry gains as BMW and Mercedes-Benz lure buyers from mainstream brands with lower-priced models. In April, Mercedes pulled ahead of BMW to take the luxury-brand lead....
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Special Video Report
Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota North America CEO Jim Lentz is a pioneer. He and a handful of other employees moved to north Texas last September to help build the automaker's new U.S. headquarters.
» Watch the Video