Toyota to introduce ‘talking’ vehicles in United States in 2021
Toyota Motor prepares to begin offering U.S. vehicles that can talk to each other using short-range wireless technology in 2021, the Japanese automaker stated on Monday, possibly preventing thousands of accidents on yearly basis. The U.S. Transportation Department must decide if they should adopt a pending proposal that would need all future automobiles to have
- Published in Toyota
Toyota’s Hino, Volkswagen’s truck form alliance to cut R&D costs
The truck units of Toyota and Volkswagen are forming an alliance to boost their market positions as commercial automakers face increasing costs to develop lower-emission automobiles and automated driving capabilities. The strategic tie-up of Toyota subsidiary Hino Motors and Volkswagen Truck & Bus GmbH is the recent in the international vehicle industry, where automakers look
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Slowing U.S. auto sales urges Japan automakers to reconsider discounts
A second year of slowing development in the U.S. auto market is urging Japanese automakers to look beyond discounts to grow market share and focus more on increasing profitability in their largest market. Global automakers have been fighting for dominance in the world’s No. 2 market as yearly sales continue to move from a record
Toyota leaves Pyeongchang podium to South Korean competitors
For a significant new Olympics sponsor, Japanese automaker Toyota Motor is unusually undetectable at the Pyeongchang winter Games. Unlike other leading worldwide sponsors such as Coca-Cola and Visa, Toyota is no place to be seen, having sent only a few dozen representatives to South Korea for the occasion. Its vehicles are missing from Olympic fleets,
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Toyota seeks India sales increase with global-spec models
Toyota Motor will give India models with worldwide specifications, its local unit head told Reuters, as it seeks to improve sales in the world’s fifth largest automobile market by appealing to buyers’ significantly aspirational tastes. For the last 20 years, Japan’s most significant automaker has made cars particularly for India, however it has failed to
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Toyota sees U.S. new vehicles sales at 16.8 million units in 2018
Toyota Motor sees U.S. auto market new vehicle sales at 16.8 million units in this year, Jim Lentz, the automaker’s top executive in North America informed Reuters on Wednesday. U.S. new car sales dropped 2 percent in last year to around 17.23 million units, after striking a record high of 17.55 million units in 2016,
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Albama will be the site of Toyota, Mazda’s auto plant
Alabama will be the site of an upcoming $1.6 billion Toyota Motor and Mazda Motor auto plant, a success for President Donald Trump who had prodded manufacturers to construct new U.S. centers and threatened tariffs on foreign production, sources stated on Tuesday. The plant, which will use as much as 4,000 individuals and produce about
Former Toyota President Tatsuro Toyoda dies at 88
Former Toyota Motor President Tatsuro Toyoda, who assisted the Japanese automaker become an international commercial power in the early 1990s, passed away at the age of 88, the company stated on Saturday. The son of the company’s founder, Kiichiro Toyoda, he took a significant role in automaker’s worldwide growth throughout the 1980s and 1990s and
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Toyota to electrify whole vehicle lineup by 2025
Toyota is serious about cutting CO2 emissions Toyota has become the recent car giant to toss its whole weight behind electric vehicles, saying each Toyota or Lexus model will consist an electric option by 2025. The company took a lead on competitors 20 years ago with the launch of its Prius hybrid, which uses a
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Toyota to make more than 10 battery EV models in early 2020s
Toyota Motor on Monday stated it will market over 10 all-electric vehicle (EV) models worldwide in the early 2020s, investment to develop their batteries is likely to go beyond $13 billion (1.5 trillion yen) through 2030. Setting out EV sales goals, the world’s second-biggest automaker by sales after Volkswagen stated it needed to speed up
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Toyota, Panasonic thinking about joint development of EV batteries
Toyota Motor is thinking about making batteries for electric vehicles (EV) with Panasonic Corp, as it increases battery development to help fulfill its goal for green vehicles to comprise half of worldwide sales by 2030. The joint statement on Wednesday builds on an existing arrangement under which Panasonic – a global market leader for vehicle
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Toyota to decide on new U.S. plant location in early next year
Toyota Motor should decide by the first quarter of next area on an area for a new U.S. car assembly plant it will construct with Mazda Motor, the head of Toyota’s North American operations stated. “The final decision has not been made,” Jim Lentz, CEO of Toyota North America, informed Reuters in an interview in
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Automakers vow ethical minerals sourcing for electric vehicles
Leading automakers consisting of Volkswagen and Toyota vowed on Wednesday to support ethical and socially accountable standards in their purchases of minerals for an anticipated rise in electric vehicle production. Need for minerals such as cobalt, graphite and lithium is expected to skyrocket in the coming years as government works on reducing vehicle pollution and
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Toyota plans of selling locally developed electric vehicles in China
Toyota Motor stated it would consider selling regionally designed and produced all-electric automobile models in China, as it seeks to expand its EV lineup and adhere to Beijing’s upcoming new-energy vehicle (NEV) production and sales quotas. China has set strict quotas for electric and plug-in hybrid vehicles that enter into impact from 2019. It has
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Toyota forecasts for U.S. sales, yen increases to total profit
Toyota Motor upgraded its full-year operating profit forecast by 8 percent on expectations of a weaker yen however flagged a unfavorable outlook for North America, its biggest market, where quarterly sales was up to the most affordable in almost 3 years. Japan’s biggest automaker is having a hard time to sell more cars in North
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