Toyota

Scion iA sedan uncovered

12:30 pm U.S. ET | March 27, 2015

The Scion iA, scheduled for a New York Auto Show debut next week, has been caught and spy photos show the subcompact with a fast, sloping hood and a wide, trapezoid-shaped front grille....
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U.S. auto sales poised for rare monthly decline

3:45 pm U.S. ET | March 26, 2015

March could be just the sixth month since 2009 in which the U.S. auto industry posts a year-over-year sales decline, a sign the market is starting to flatten out after one of the longest stretches of growth ever. Given how close volumes are tracking with the same month a year ago, whether March results finish up or down will likely hinge on how many deliveries dealers can make between now through Tuesday....
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Toyota adding hybrid to 2016 RAV4 lineup

12:45 pm U.S. ET | March 26, 2015

Toyota is adding a hybrid model at a time of low gas prices and slumping sales of alternative-powertrain vehicles. An all-new RAV4 hybrid will be introduced next week at the New York auto show....
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Toyota targets big savings in factory, product-development spending

12:30 am U.S. ET | March 26, 2015

Toyota outlined bold savings targets in factory investment and vehicle development, along with gains in fuel efficiency, through an aggressive restructuring being launched this year. The overhaul, part of a switch to new modularized product platforms, has been years in the making and is designed to fuel the company's expansion....
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Honda hires U.S. engineering firm Exponent to investigate Takata airbags

6:21 am U.S. ET | March 23, 2015

Honda has hired Exponent, a U.S. engineering consulting company enlisted by Toyota during its recall crisis in 2010, to investigate the cause of ruptures in some airbags made by Takata....
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Scion plans revival with iM hatchback, iA compact sedan

12:01 am U.S. ET | March 23, 2015

Toyota Motor Corp. is set to unveil two new nameplates for its struggling Scion brand next month at the New York auto show -- a five-door iM hatchback and a sporty compact sedan designated the iA....
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Toyota may approve first Mexico car plant in weeks, reports say

7:56 am U.S. ET | March 23, 2015

Toyota is finalizing plans for its first passenger-car assembly plant in Mexico that could be approved by its board as early as next month, according to three people with knowledge of the matter....
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Rising sums: A surge in share for the Japanese

12:01 am U.S. ET | March 23, 2015

After rising in 2014 by four-tenths of a point to 37.5 percent, Japanese automakers captured 38.2 percent in the first two months of 2015. U.S., European and Korean carmakers all have declined this year in combined share....
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BEST PRACTICES

Each generation learns to go its own way

12:01 am U.S. ET | March 23, 2015

If the Gates family has learned anything in 87 years of operating dealerships, it's that each generation must forge its own business plan....
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Lexus aims to recapture luxury sales crown with retooled RX

2:00 pm U.S. ET | March 20, 2015

Lexus is gunning to regain the U.S. luxury sales crown when it unveils a redesigned RX crossover next month at the New York auto show....
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2015 NEW YORK AUTO SHOW

Scion plans revival with iM hatchback, iA compact sedan

12:33 pm U.S. ET | March 18, 2015

Toyota is about to give up its struggling Scion brand a shot in the arm -- two shots, in fact. At the New York auto show next month, the automaker is set to unveil two new models for the youth-oriented brand -- a five-door iM hatchback and a sporty compact sedan designated the iA....
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U.S. judge taps lead lawyers for Takata airbag cases

6:30 pm U.S. ET | March 17, 2015

Four plaintiffs' lawyers, including high-profile attorney David Boies, were appointed by a federal judge to lead civil litigation against Takata and several automakers for injuries caused by allegedly faulty airbags....
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China's FAW chairman faces gov't graft probe

March 17, 2015 13:18 CET

Xu Jianyi, the chairman of China's FAW Group, which makes cars with Volkswagen and Toyota, is being investigated by the Communist Party anti-graft watchdog....
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The LF-SA minicar's bold design is from out of this world

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

Caught in a polarizing vortex at the Geneva auto show this month was the Lexus LF-SA minicar concept. Here are some reactions....
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OUT OF THEIR LEAGUE

'Tier 2' luxury brands struggle to compete with elite Germans, Lexus

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

Lincoln, Acura, Cadillac and Infiniti are struggling to make inroads against Lexus and a trio of German powerhouses – BMW, Mercedes and an ascending Audi. An enviable combination of global reach, strong residual values and rock-solid brand images is creating a world of U.S. luxury haves and have-nots....
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Toyota counters union wage request with smaller offer

6:25 am U.S. ET | March 16, 2015

Toyota, which makes more profit than all other Japanese carmakers combined, will offer to raise wages by one-third less than what its labor union requested....
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'House of Cards' Lexus line lights up Twittersphere

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

"I want the Lexus," says Viktor Petrov, fictional Russian president in an episode of the hit series "House of Cards." A nifty bit of product placement? No, but darn memorable....
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Toyota will add engineers in Japan

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

Toyota Motor Corp. plans to add 2,275 employees in Japan in the fiscal year beginning April 1, 30 percent more than it added a year earlier. The biggest increases are coming in engineering and manufacturing operations....
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Toyota ad hits bad guitar note

12:01 am U.S. ET | March 14, 2015

Toyota is in trouble with an author who reunited blues legend B.B. King with one of his favorite Gibson "Lucille" guitars. In a lawsuit, the author says the automaker used his story in a TV commercial without his permission....
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Toyota's Leroy to hand over healthy Europe

March 13, 2015 06:01 CET

Toyota's European business is in good shape as CEO Didier Leroy prepares to step up this summer to a new global role as the automaker's first non-Japanese executive vice president....
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Toyota signs on as global Olympics sponsor

7:05 am U.S. ET | March 13, 2015

Toyota signed on as a worldwide Olympics sponsor Friday in a long-term deal reportedly worth $835 million. The deal starts in 2017 and runs through the 2024 Olympics, including the 2020 summer games in Tokyo. Toyota becomes the first car company ever signed up by the International Olympic Committee for its top-tier sponsorship program....
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Toyota to step up hiring at home in the next fiscal year

10:45 am U.S. ET | March 12, 2015

Profit-rich Toyota is plowing more of its cash into new hires in the coming year, especially in the engineering and technical fields crucial to its expansion. Toyota aims to add 2,275 employees in Japan in the fiscal year beginning April 1, a 30 percent increase over the 1,744 hires added a year earlier....
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Toyota recalls RAV4 EVs to repair Tesla component

6:31 am U.S. ET | March 12, 2015

Toyota, which built about 2,500 electric vehicles over three years with Tesla Motors, said it's recalling the RAV4 EVs to repair components supplied by Tesla....
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Toyota to recall 112,500 U.S. vehicles on possible safety issues

2:47 pm U.S. ET | March 11, 2015

Toyota said it was recalling about 112,500 vehicles in the US due to possible safety issues....
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Toyota aims to cut price of fuel cell vehicle

12:01 am U.S. ET | March 9, 2015

Toyota may have a $57,500 price tag on its Mirai fuel cell electric vehicle when it goes on sale late this year in the U.S., but it is pressing for a much lower future price. Katsuhiko Hirose, project general manager for Toyota Motor Corp.'s fuel cell development division, said Toyota wants fuel cell vehicles to be considered in the same competitive set as gasoline- and diesel-powered vehicles....
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