TORRANCE, Calif. (Oct. 28, 2013) – Twenty-two select Central Intercollegiate Athletic Association (CIAA) and Southwestern Athletic Conference (SWAC) schools will continue their commitment to sustainability with a one-year lease of a Toyota Prius liftback or Prius Plug-in vehicle. Each school will receive a vehicle in conjunction with the 2013-14 Toyota Green Initiative (TGI) tour, an environmental stewardship program designed to empower the African American community. The tour travels to participating HBCUs (Historically Black Colleges and Universities) each fall to educate students and alumni on the benefits of adopting a sustainable lifestyle.
Filed under: Hatchback , Aston Martin , Scion , Toyota While slow sales and a $50,000 price tag may have been contributing factors to the Aston Martin Cygnet being cancelled last month , Aston Martin CEO Ulrich Bez is pointing the finger at Toyota for the demise of this luxurious little city car. In a discussion with Autocar , Bez is quoted as saying that the ultimate reason the Cygnet was cut is because Toyota plans on dropping the iQ (on which the Cygnet is based) in 2014 – a claim denied by the Japanese automaker. Interestingly, the article also cites another publication reporting that a Toyota importer in the Netherlands heard the same news as Bez, and it has already stopped importing the cars. If the European Toyota iQ is cancelled, that would likely spell the end of the slow-selling Scion iQ in the US, which has sold just 3,365 units through September (a drop of 51 percent year over year). Regardless of why production of the Cygnet ended, Bez also says that a lack of support from Toyota on the project prevented it from being offered in the US or receiving a supercharged engine , which are two factors that likely would have made the car appealing to more buyers. Aston CEO claims Cygnet cancelled because Toyota is dropping iQ in 2014 originally appeared on Autoblog on Sun, 27 Oct 2013 13:01:00 EST. Please see our terms for use of feeds . Permalink
TORRANCE, Calif., October 16, 2013 – The Toyota Prius, the brand’s first production gas-electric hybrid model, remains the world’s best-selling hybrid with more than three million sold worldwide since its introduction. The Prius also continues to dominate the hybrid category in the United States, where more than 1.5 million Prius vehicles have been sold since 2000.
Filed under: Government/Legal , Safety , Toyota , Earnings/Financials A jury has decided that faulty software was to blame for a crash involving a 2005 Toyota Camry that killed one woman and injured another. This is the first time Toyota has been found liable by a jury in a lawsuit involving sudden acceleration claims. Toyota has maintained that driver error is the most likely cause for cases of sudden acceleration. Shortly after the jury in the case, which took place in Oklahoma and centered around a crash that injured 76-year-old Jean Bookout and killed her passenger, Barbara Schwarz, reached a verdict that would see Toyota paying $3 million in compensatory damages, a confidential settlement was reached. The jury, which had found Toyota liable for “reckless disregard” for public safety, had yet to decide what punitive damages Toyota would face. Toyota said in a statement, “While we strongly disagree with the verdict, we are satisfied that the parties reached a mutually acceptable agreement to settle this case. We will continue to defend our products vigorously at trial in other legal venues.” This verdict could have widespread implications for several more cases that have yet to be heard in court where lawyers are expected to argue that software was to blame for sudden acceleration in Toyota vehicles. These cases fall into a different legal category than the ones Toyota settled for $1.4 billion earlier this year. Toyota’s brief statement can be found below . Continue reading Toyota settles for $3M after being found liable in sudden acceleration case Toyota settles for $3M after being found liable in sudden acceleration case originally appeared on Autoblog on Sat, 26 Oct 2013 09:55:00 EST.
TORRANCE, Calif. (Oct. 23, 2013) — In a marketplace where innovation is always in style, Toyota is firmly focused on anticipating and elevating consumer trends.
TORRANCE, Calif., Oct. 25, 2013 -
Filed under: Concept Cars , Lexus , Scion , Toyota , Design/Style “In the future, out of 100 customers, we want to excite ten of them instead of not offending all 100.” Almost all of the details about the Toyota New Group Architecture (TNGA) strategy have come out since the initiative was first reported on in March of this year, but Autoblog did learn a few new things about it on a recent trip to Japan. Probably the second-most important detail is that each new segment platform will be based around a common hip point to create an “optimal driving position architecture.” Previously, each car was conceived on its own, so Toyota couldn’t extract savings from cars that were close in size. The Etios , sold in Latin America and India, is not much smaller than the Corolla , but the two compacts had two different lead engineers, so they have different hip points and require different manufacturing processes and different kinds of commodity parts like seat belt equipment. A common hip point and driving position, as well as other moves like the an R&D reorganization and the switch to parts engineered for global approval and pooled buying, will allow Toyota to harmonize parts like airbags, pedal boxes and seat belts to save money. The company expects to save 15 to 20 percent on manufacturing using TNGA, and 20 to 30 percent overall once development is included. Toyota also says it will use the efficiencies gained and money saved to make those commodity parts better, and they will have longer life cycles; while the lifespan of a Corolla won’t change, a pedal box might carry over from one generation into a brand new generation. Three new front-wheel-drive cars are expected to ride on the platform in 2015, the Prius being one of them, and its advance estimate of 55 miles per gallon is said to be aided by the TNGA. Another important objective of the streamlined development programs and common parts is allowing the designers to actually, you know, design a car instead of wrapping a platform in meek metal. Said company CEO Akio Toyoda earlier this year, “Instead of developing what customers would want next, we were making cars that would rake in sales” – cars that were just as popular as they were boring. That brings us to what we think might be the most important advance provided by the TNGA, revealed in a presentation by company design chief Tokuo Fukuichi: “Before, we made cars so as not to be disliked by anyone.
Torrance, Calif., Oct. 25, 2013 – Toyota today issued the following statement in response to the verdict and settlement of the Bookout v. Toyota case in Oklahoma County Court:
TORRANCE, Calif. (Oct. 23, 2013)