Filed under: Car Buying , Buick , Cadillac , Ford , GM , Hyundai , Lexus , Lincoln , Porsche , Scion , Toyota Remember the days of planned obsolescence? They’re over. The latest J.D. Power Vehicle Dependability Study shows a 13-percent improvement in new car dependability over the first three years of ownership. The latest sample of 2009 model year vehicles shows the lowest rate of problems since the study’s inception in 1990. The big winner was the Lexus LS , which had the fewest reported problems in the study. Lexus was the highest rated brand as well, followed by Porsche , Cadillac , Toyota and Scion . J.D. Power says 25 of 32 automotive brands showed improved dependability, with six declining and one remaining the same. While J.D.
CHICAGO, Ill., January 31, 2012 – Scion, the youth brand of Toyota, will be bringing the “thunder” to the 2012 Chicago Auto Show.
Filed under: Car Buying , Toyota , Earnings/Financials Toyota can attribute much of its uptick in sales last month to fleets . While the automaker saw its sales leap by 7.5 percent compared to a year earlier, Newsday.com reports Toyota sold 47 percent more cars and trucks to fleet customers in the U.S. than in January 2011. Without the fleet sales, the improvement would have been less than one percent. All told, rental companies accounted for 93 percent of the automaker’s fleet sales in January, with the remainder going to other organizations. Toyota and other Japanese automakers have always been reticent to embrace fleet sales. Doing so is not only generally less profitable than individual consumer sales, but can also lead to degraded brand image and resale value. Last month, Ford was cited for having 45 percent of the company’s Focus going toward fleets. Toyota, meanwhile, says the news isn’t the start of a trend. When Toyota factories were hobbled by earthquake and tsunami activity in Japan last year, the automaker put a stop to fleet sales altogether to keep its dealerships fed.
TORRANCE, Calif. (Feb. 16, 2012)—What do you get when you cross a Sports Illustrated Swimsuit model with a hot new sports car? One cool app.
Toyota Motor Corporation Vehicles Dominate J.D. Power and Associates 2012 Vehicle Dependability Study
TORRANCE, Calif., February 15, 2012 – Eight Lexus, Toyota, and Scion models captured segment awards in the 2012 J.D. Power and Associates Vehicle Dependability Study, a performance equal to all other vehicle brands combined and more than twice as many as the runner-up nameplate.
CHICAGO, Ill., February 1, 2012 – Toyota will be providing Chicagoans with a glimpse of the future at this year’s Chicago Auto Show, courtesy of the Prius “family,” a number of environmentally-conscious concept vehicles and a pair of interactive safety displays.
TORRANCE, Calif. (Feb. 14, 2012)—Admiring the curves of a Sports Illustrated Swimsuit model is one thing, but actually driving it—that’s something only Lexus and its all-new 2013 GS sport sedan could do with style.
NEW YORK (Feb. 13, 2012) — The winning designers of the 2nd annual Council of Fashion Designers of America (CFDA)/Lexus Eco-Fashion Challenge unveiled their sustainable clothing and accessory collections on Feb. 9 at MADE at Milk Studios as part of New York Fashion Week.
Filed under: Plants/Manufacturing , Crossover , Toyota Toyota is struggling with the rising yen, so much so that the automaker has been shifting vehicle production outside of Japan . That’s bad news for laborers in Japan, but it works out in favor of the American workforce in Princeton, Indiana. That’s because Toyota has announced that it will hire 400 more workers and spend $400 million to ramp up production of the popular Highlander . Toyota plans to ship off the extra production to buyers in countries like Russia and Australia. The plant expansion and additional jobs will enable the Princeton plant to crank out 50,000 additional Highlander models each year. Toyota plans to complete the upgrades to the Princeton facility by late 2013. Hit the jump to read over the Toyota press release. Continue reading Toyota to export Highlander from U.S. to Australia, Russia Toyota to export Highlander from U.S. to Australia, Russia originally appeared on Autoblog on Sun, 12 Feb 2012 12:03:00 EST.
Filed under: Motorsports , Hirings/Firings/Layoffs , Toyota F1 drivers typically have a shelf life shorter than what you otherwise might call a career. As the constant stream of new, young drivers usurps existing F1 seats, you’re left with a wealth of talent available to contest other forms of motorsport. That’s how you end up with former grand prix pilots in other series like IndyCar , DTM and even ice racing . Then there’s Le Mans . Every year the most famous of endurance races packs its grid with rejects from the Formula One circus, and 2012 is no exception, particularly with Toyota launching a works effort out of the German facility that used to house its F1 team. Toyota has already confirmed that the first of its TS030 Hybrid LMP1 racers will be driven by former F1 drivers Alex Wurz and Kazuki Nakajima (along with Nicolas Lapierre), and has now announced that Anthony Davidson and Sebastien Buemi are on the roster for the second car. Davidson is an established F1 test driver, having worked for the team known successively as BAR, Honda , Brawn and Mercedes . He’s also driven a handful of grands prix for Super Aguri and Minardi , and contested Le Mans and related series for Aston Martin Racing and Peugeot Sport , including a win at Sebring. Buemi drove the last three F1 seasons for Scuderia Toro Rosso until being cut this year. He’ll combine his endurance racing debut with his test driver role at Red Bull Racing .