TORRANCE, Calif. (May 21, 2013) – The Scion FR-S was named a 2013 AUTOMOBILE Magazine All-Star today as part of the leading automotive publication’s annual list. To earn its spot, industry judges evaluated the FR-S against all current model year vehicles on sale in the United States across all categories. The FR-S shares its spot with the Subaru BRZ.
Filed under: BMW , Toyota , Earnings/Financials An annual market study of the strongest brands across various industries has seen Toyota leapfrog BMW as the world’s most valuable automotive brand. Toyota’s 2013 brand value rose to $24.5 billion, up 12 percent versus 2012 numbers according to market research company Millward Brown’s BrandZ Top 100 Most Valuable Global Brands list. BMW’s value fell slightly; down by 2 percent to a total of $24 billion. Mercedes-Benz finished in third place in the automotive category, up 11 percent from 2012 for a valuation of $18 billion. Honda ($12.4 billion, down 2 percent) and Nissan ($10.2 billion, up 3 percent) rounded out the top five for the category. Volkswagen was the only other auto brand that finished in the top 100 overall, in 100th place. Audi made the greatest percentage gain over 2012, up 18 percent to $5.5 billion, but finished outside of the top 100. Technology companies dominated the overall list, with Apple , Google and IBM ranking one through three. Couture brand Prada was 2013′s biggest gainer, rising by 63 percent over 2012. Toyota passes BMW as most valuable car brand originally appeared on Autoblog on Tue, 21 May 2013 15:33:00 EST.
Toyota Financial Services Awards New Toyota to Boys & Girls Clubs of America’s National Youth of the Year Winner
May 21, 2013 – Torrance, Calif.– Toyota Financial Services (TFS), as part of its Making Life Easier for YOUth initiative, recently awarded a new Corolla to the 2012-13 Boys & Girls Clubs of America (BCGA) National Youth of the Year Winner Trei Dudley.
Filed under: Aftermarket , Classics , Coupe , Performance , Videos , Toyota Our friends at XCAR have taken the time to train their lenses on the iconic Toyota Supra . With Toyota finally back into the performance car game, it seems only logical to remember one of the brand’s most legendary sports cars. While we’re all busy ladling praise onto the Scion FR-S and Subaru BRZ twins, it’s important to remember that Toyota used to produce all manner of fun-to-drive machinery. The Supra once sat at the top of that list, its most recent iteration giving buyers the option of a ludicrous forced-induction inline six, gorgeous styling and plenty of presence. Of course, the legend didn’t stop once the Supra fell off American order sheets in 1998. Always an aftermarket darling, the Supra has gone on to become a tuner favorite in nearly every corner of grassroots motorsport. From drag racing to road racing and everywhere in between, the Supra is remains a force to be reckoned with nearly 15 years after it last prowled the US auto market. You can catch the tribute from XCAR below . Continue reading Toyota Supra ready for its retrospective video closeup Toyota Supra ready for its retrospective video closeup originally appeared on Autoblog on Mon, 20 May 2013 15:00:00 EST. Please see our terms for use of feeds .
Filed under: Performance , BMW , Toyota Earlier this year, BMW and Toyota confirmed a four-part joint venture mostly focusing on increasing improving vehicle efficiency using fuel cells, lightweight materials and better battery technology. Also tucked into the announcement was a “feasibility study” for a shared platform to underpin a future midsize “sports vehicle.” In terms of the latter, it seems that things have stepped up from the feasibility stage to the conceptual stage, as Motor Trend reports we could see a pair of new sports car concepts debut later this year in at the Tokyo Motor Show . There isn’t much information about the new program, but the article suggests the sports cars could be all-wheel drive hybrids, with electric motors powering the front wheels and a gas engine powering the rear wheels. While a partnership between Toyota and BMW might not lend itself to a catchy portmanteau like ” Toyobaru ,” here’s hoping it will bear fruit that is as exciting as the ones produced by the Toyota/ Subaru tie up. BMW-Toyota sports car heading towards Tokyo debut originally appeared on Autoblog on Mon, 20 May 2013 18:44:00 EST. Please see our terms for use of feeds . Permalink
Filed under: SUV , Etc. , Toyota If you’re going to drive a stolen car in a town of roughly 77,000 people – about the same size as Scranton, Pennsylvania or Ogden, Utah – you want to be very careful about where you drive that stolen car to eat. That’s the lesson Katherine York of Kennewick, Washington learned when she was arrested for being in possession of a stolen Toyota 4Runner that also happened to have a bunch of stolen clothes from JC Penney and Sears in it. Virginia Maiden woke up Tuesday, May 14 to find her 1995 4Runner – that she thought she forgot to lock – swiped from her apartment building. At 3 PM that afternoon, while working her shift at the drive-thru at McDonald’s that day, she saw her truck in line. York hadn’t even gone far – the McDonald’s is not even five miles from Maiden’s apartment. Maiden called the police, they showed up just as York was leaving, and York made another vehicle switch, this time into a black-and-white for a trip to the Benton County jail. They don’t have McDonald’s there, but she won’t have so far to go to eat. Car thief caught in McDonald’s drive-thru after placing order with owner originally appeared on Autoblog on Mon, 20 May 2013 08:00:00 EST. Please see our terms for use of feeds .
Filed under: Budget , Europe , Plants/Manufacturing , Hatchback , Toyota Our tiniest Toyota ( Scion iQ notwithstanding) is about to get a little French flair. The Japanese automaker announced Thursday that its Toyota Motor Manufacturing France facility would begin building Yaris models destined for North America – specifically, the United States, Puerto Rico and Canada. This will mark the first time in history that Toyota has exported vehicles to North America from Europe. Initially, Toyota will export roughly 25,000 Yaris models to North American markets from France each year. In order to handle this additional production, Toyota Motor Manufacturing France has invested 10 million euro into its French facility. Despite being somewhat of a snooze-fest ( it’s a car! ), the Yaris carries on in North America with a 106-horsepower 1.5-liter four-cylinder engine, with prices starting at $14,370 for the three-door and $15,395 for the five-door, not including $795 for destination. Continue reading Toyota begins shipping Le Yaris to America Toyota begins shipping Le Yaris to America originally appeared on Autoblog on Fri, 17 May 2013 18:29:00 EST. Please see our terms for use of feeds . Permalink
TORRANCE, Calif., (May 16, 2013) –The editors of Kelley Blue Book ( www.Kbb.com ) selected the 2013 Prius v and the 2013 Avalon for their list of 10 Best Family Cars . The list is compiled annually by KBB.com editors to highlight vehicles that address unique family specifications and situations, and offer innovation.
Filed under: Government/Legal , Safety , Toyota , Earnings/Financials A total of 22.6 million current and former Toyota owners have been sent notices that they may be eligible to receive compensation from the automaker for damages related to the unintended acceleration fiasco that has dominated headlines in 2009 and 2010. The total payout may be as high as $1.63 billion, according to The Detroit News . Steve Berman, a lawyer for the owners, calls the potential deal “a landmark, if not a record, settlement in automobile defects class action litigation in the United States.” Still, there’s some debate about whether or not Toyota’s proposed settlement is fair, as it includes $30 million for safety research and driver education programs – in other words, Toyota seems to be suggesting that drivers need more education on how to drive their correctly working and fully functional vehicles. For those keeping track, Toyota would also be paying lawyer fees of $200 million. A US District Judge in California is scheduled to hold a so-called “fairness hearing” on June 14 that could decide the fate of this particular settlement. Further courtroom wrangling will be required to hash out any wrongful death suits levied against Toyota stemming from unintended acceleration claims, as those are not part of this class-action suit. Toyota sudden acceleration class action may cover 22 million owners originally appeared on Autoblog on Thu, 16 May 2013 09:29:00 EST. Please see our terms for use of feeds . Permalink