Archive for the ‘Toyota’ Category

Honda Shutting Down Lone UK Auto Plant

Maker says Brexit not the reason, but move highlights problems.

by on Feb.19, 2019

Honda announced plans to close its manufacturing plant in Swindon. It means the loss of 3,500 jobs.

Honda will close its only auto plant in Great Britain in 2021 becoming the latest automaker to say it was leaving and turning what was once a trickle into a torrent of closures due to Brexit. The facility makes the Civic.

The Swindon plant closure means the loss of 3,500 jobs and a tenth of all vehicles produced in Britain. However, despite early reports, Honda officials claim Brexit had little to do with the move. Honda officials said the company was focusing manufacturing in the areas where it has the largest sales, and Europe isn’t one of those.

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“We had to consider the rise of electrified vehicles, and the different speeds at which electric vehicles will be taken up in North America and Europe,” said Honda Chief Executive Takahiro Hachigo. “This decision was not informed by Brexit.”  (more…)

Toyota, Lexus May Still Rule, But Japanese No Longer Dominate Vehicle Reliability

Chevy delivers a surprise in J.D. Power 2019 Vehicle Dependability Study.

by on Feb.13, 2019

The Prius is one of the vehicles that helped Toyota lead the latest J.D. Power Vehicle Dependability Study.

Toyota and its luxury arm Lexus captured the top spots among mainstream and premium brands in the latest J.D. Power Vehicle Dependability Study, but the 2019 VDS also delivered more than a few surprises when it comes to how three-year-old vehicles are holding up.

The study placed Lexus at the top of the charts, followed by Porsche and then Toyota, but Chevrolet nabbed the fourth spot, a significant turnaround for a brand struggling to convince potential buyers it has overcome the quality and reliability issues of the past.

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The new Power VDS shows that Japanese automakers no longer have a lock on vehicle dependability. Tellingly, only Toyota and Lexus landed in the top 10 this year, while the list also included two American brands, four from Germany and both of the South Korean carmakers operating in the U.S.: Hyundai and Kia. (more…)

Toyota Profits Up in 3Q, But Miss Analysts’ Mark

Automaker cuts forecast for rest of year.

by on Feb.07, 2019

Toyota's Masayoshi Shirayanagi said the automaker is looking for ways to further cut costs.

Toyota Motor Co., Japan’s largest automaker, posted a profit of 676.1 billion yen, or $6.16 billion, for the third quarter, up from 673.64 billion yen in the same period a year earlier.

However, the result fell short of the street’s expectations of the 680.84 billion yen median of 10 analyst estimates compiled by Refinitiv.

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The automaker saw rising sales in Asia, particularly China, offset a decline in the company’s largest market: the United States. (more…)

Toyota’s 2020 Sequoia is Going Pro — TRD Pro

Automaker offers upgrades for TRD Pro line-up.

by on Feb.07, 2019

Toyota added the Sequoia to its portfolio of TRD Pro branded off-roaders for 2020. It debuted at the Chicago Auto Show.

For families whose idea of fun is to get off the tarmac and get a little dirty by hitting the path less traveled, Toyota has stepped up its game with the all-new 2020 Toyota Sequoia TRD Pro — the latest addition to the TRD line-up.

Unveiled today at the Chicago Auto Show, the new Sequoia gets the TRD treatment for the first time. With a chassis fortified by a TRD-tuned Fox shock absorber suspension, an array of proven off-road equipment specially designed or selected by Toyota Racing Development engineers, the full-size Sequoia TRD Pro offers off-road thrills for seven.

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The TRD Pro portfolio of vehicles includes the Tacoma and Tundra pickups and 4Runner SUV. Introduced in 2014, the TRD Pro lineup emerged from Toyota’s rich off-road racing heritage. The TRD Pro badge signifies a vehicle that’s capable of going where ordinary pickups and SUVs fear to tread, while still retaining the comfort for daily driving, the automaker notes. (more…)

Toyota Adding a Little Spark to Chicago Show with TRD Pro Tease

Automaker not revealing much with latest clue.

by on Feb.05, 2019

Toyota offered up a bit a teaser for its new TRD Pro offering. It didn't say what vehicle will be getting the package or if it was a separate vehicle entirely.

Toyota was already preparing to show off its updated 2020 Tacoma at this year’s Chicago Auto Show. However, the automaker also has a surprise up its sleeve for Windy City attendees this year.

The company released a teaser video and image today touting a new “TRD Pro off-road beast” that will make its debut in Chicago. This new vehicle will lead “the charge for a host of updates across the TRD Pro line-up,” the company said in a statement.

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Nothing further is offered leaving so many options open. Will the Tacoma be getting a new TRD treatment? Is Toyota creating a separate TRD Pro vehicle not currently in the line-up? The picture is of no real help. (more…)

Audi, Toyota Proclaimed Big Super Bowl Ad Winners

GM riled up by Unifor's protest commercial.

by on Feb.04, 2019

Audi's "Cashew" commercial during last night's Super Bowl generated huge traffic to the company's website: more than any other automaker's ad.

Last night’s Super Bowl may not have been the most impressive display of football ever, but as New England Patriots QB Tom Brady sought his sixth ring, automakers sought those less interested in Brady’s quest and more compelled by the commercials between drives.

While the automakers may or may not have lived up to expectations, it’s a commercial unseen by most viewers that may have had the biggest impact.

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According to Edmunds.com, joining Brady and the Patriots on the winners podium last night were Audi and Toyota. Edmunds analysts tracked traffic to brand and model pages on both its desktop and mobile sites during the game to see which automotive ads were most successful in driving immediate shopper interest. (more…)

VW Grabs Global Sales Crown – Barely

Renault-Nissan-Mitsubishi Alliance dominates light vehicle segment.

by on Jan.30, 2019

All hail the king! Volkswagen claimed the global sales crown for 2018, but just barely over Renault-Nissan-Mitsubishi.

For the fifth year in a row, Volkswagen Group can again claim king-of-the-hill status as the world’s top-selling automaker.

But there’s an asterisk on the sales charts. For the second year running, the Renault-Nissan-Mitsubishi Alliance narrowly nudged by its German rival to claim leadership in the light-duty vehicle market. Toyota again had to settle into third place, while General Motors slipped into a distant fourth.

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Volkswagen was able to gain the crown by factoring in its strong light truck sales which helped it reach sales of 10.83 million vehicles in 2018, a 0.9% year-over-year jump. Excluding heavy trucks sold by its MAN and Scania subsidiaries, VW sold 10.6 million vehicles. (more…)

Toyota Teases 2020 Tacoma Ahead of Chicago Auto Show

King of the midsize hill aims to maintain iron grip on sales crown.

by on Jan.29, 2019

Toyota will also offer a live webcast for the 10 a.m. CST debut of the 2020 Tacoma on Feb. 7.

Toyota officials pulled the wraps off an assortment of new models in a top-secret meeting with dealers last weekend. And among the 19 all-new or updated products coming to market over the next couple years, one of the standouts is expected to be the 2020 Tacoma.

The midsize pickup is in need of a significant refresh as a lot has happened since the last all-new model made its debut in the 2016 model-year. The midsize market has seen a surge of new competitors, such as the Honda Ridgeline, with even more coming this year in the form of the reborn Ford Ranger and the all-new Jeep Gladiator.

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For the moment, we can only guess at what’s in store by perusing this teaser image. The good news is that we’ll get a look at the 2020 Toyota Tacoma in the sheet metal during one of the first of this year’s media previews at the Chicago Auto Show on Feb. 7. (more…)

Toyota Set to Unleash Flood of 19 New Products

More utility vehicles in the works, but don’t expect it to abandon sedans.

by on Jan.28, 2019

The new Toyota Supra made its street-version debut at the North American International Auto Show in Detroit.

Toyota will be flooding U.S. showrooms with 19 new models during the next three years, a senior official said last weekend, a list that includes the next-generation Supra, Corolla and Corolla Hybrid.

Expect to see more utility vehicles in the Japanese automaker’s line-up, but don’t expect to see Toyota abandon the passenger car market. If anything, it hopes to pick up some of the slack as its Detroit-based rivals trim back their own sedan and coupe lines.

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“We’re still committed to being a full-line manufacturer, Toyota brand chief Jack Hollis told trade publication Automotive News following a “make meeting” with dealers at the annual National Automobile Dealers Association convention. (more…)

Toyota Teaming Up with Panasonic to Develop, Produce Batteries

Tesla turning to Chinese supplier for batteries to be used in new Chinese assembly plant.

by on Jan.22, 2019

Toyota will use the batteries produced with Panasonic for vehicles manufactured at its joint facility with Mazda.

Toyota Motor Corp. will set up a new joint venture with Panasonic Corp. to develop and produce batteries that could be used in the new electric vehicles the Japanese automaker is developing.

Panasonic is one of the industry giants when it comes to producing lithium-ion batteries and has been a key partner of Tesla, investing billions in the U.S. automaker’s Gigafactory battery plant in Nevada. Tesla, meanwhile, is reportedly locking down a new deal with China’s Lishen to supply batteries for the Shanghai assembly plant it is currently building.

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“Today’s automotive world is also being called on by society to help find solutions to such issues as those related to global warming, resources and energy,” Toyota and Panasonic said in a statement. (more…)

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