Toyota Brings “Car of the Future” Ride and Drives to the Big Apple

April 14, 2014 by · Leave a Comment 

NEW YORK (April 11, 2014)

Total auto recalls already on record pace in 2014

Total auto recalls already on record pace in 2014

April 9, 2014 by · Leave a Comment 

Filed under: Recalls , Safety , Chrysler , Ford , GM , Honda , Nissan , Toyota , Volkswagen If you’ve noticed that there have been more recalls than usual this year, you may be on to something. According to a report from the National Highway Traffic Safety Administration , the US market is on pace to break a record for recalls. In 2013, 22 million cars were recalled. We’re only a third of the way through 2014, though, and we’ve already halved that figure, with 11 million units recalled. That’s wild. Considering the past few months, it shouldn’t be a surprise that General Motors is leading the charge, with six million of the 11 million units recalled coming from one of the General’s four brands. Between truck recalls , CUV recalls and the ignition switch recall , 2014 hasn’t been a great year for GM. Other recall leaders include Nissan ( one million Sentra and Altima sedans), Honda ( 900,000 Odyssey minivans), Toyota ( over one million units in a few recalls), Volkswagen ( 150,000 Passat sedans), Chrysler ( 644,000 Dodge Durango and Jeep Grand Cherokee SUVs) and most recently, Ford ( 434,000 units , the bulk of which were early Ford Escape CUVs). So while it’s been a bad year for GM so far, its competitors aren’t doing too well, either. It’s not the end of the world, though.

General Motors became second-largest US advertiser in 2013

General Motors became second-largest US advertiser in 2013

March 29, 2014 by · Leave a Comment 

Filed under: Marketing/Advertising , GM , Toyota General Motors might be mired in several recalls , as well as the ongoing investigations from the National Highway Traffic Safety Administration and Congress into the automaker’s response to those recalls. However, the company can celebrate taking the title of the US’ second-largest advertiser in 2013. According to Ad Week examining a recently released study, total advertising spending in the US posted its fourth consecutive year of rising expenditures with 0.9-percent growth to $140.2 billion. Of that, the auto industry spent $15.2 billion to promote its goods in 2013, up 3.8 percent. The country’s biggest advertiser was Procter and Gamble, which dropped $3.17 billion in 2013, an increase of 11.8 percent. GM became the nation’s second largest promoter with $1.794 billion in spending, up 10 percent. The biggest proportion of that money went to sell Cadillac and GMC . AT&T barely lost out with $1.793 billion in advertising, 15.2 percent growth. The 10 businesses with the highest ad investments spent a cumulative $15.9 billion during the year, 6.6 percent higher than 2012. Toyota came in eighth place making it the only other automaker to rank in the top 10.

Toyota Financial Services (TFS) Issues Auto Industry’s First-Ever Asset-Backed Green Bond

March 24, 2014 by · Leave a Comment 

TORRANCE, Calif., (March 24, 2014)

Toyota temporarily idles pair of Indian plants due to labor unrest

Toyota temporarily idles pair of Indian plants due to labor unrest

March 21, 2014 by · Leave a Comment 

Filed under: Budget , Plants/Manufacturing , Toyota , UAW/Unions , India The Detroit News reported today that Toyota will restart production at two Indian plants, following a shutdown on Monday. Factory labor, management and police in Asia engage in the kind of violent altercations that we’re not used to, having almost entirely walked away from the overtly brutal relations epitomized by the Pinkerton Detective Agency and the Flint Sit-Down Strike . In India, a plant owned by a Ford transmission supplier plant was shut down in 2009 after incidents between workers and armed men around the same time as Ssangyong workers occupied a factory in South Korea , in 2012 Suzuki Maruti workers rioted over wages around the same time upset employees beat a ceramics factory president to death in retaliation for a labor leader’s killing. Toyota is the latest to company trying to avoid that road. The Detroit Free Press reported earlier this week that it shut down two plants in India after 11 months of acrimonious wage negotiations and arbitration have gone nowhere. Toyota said the plant workers in Bidadi, near Bangalore, had deliberately stopped production at times over the past 45 days and threatened management. The workers said they wanted their wages raised by an amount already agreed to by management, but that management had reneged; news reports weren’t clear on the amount, some saying nearly 10,000 rupees ($165 US) more per month, another saying 4,000 rupees ($65 US), but reports agree that Toyota has said it will only go as high as 3,050 rupees ($50 US). Terms of today’s resolution have not been released, but we do know that production will begin again on Monday, March 24. Toyota temporarily idles pair of Indian plants due to labor unrest originally appeared on Autoblog on Thu, 20 Mar 2014 18:03:00 EST. Please see our terms for use of feeds .

Toyota reveals Tokyo Motor Show concepts

November 5, 2013 by · Leave a Comment 

Filed under: Concept Cars , Hybrid , Performance , Japan , Tokyo Motor Show , Toyota , Specialty , Design/Style , Electric Toyota is getting ready for the Tokyo Motor Show later this month, and to tease us, the Japanese automaker has released photos and information about the concept vehicles it’ll be bringing to the show. In all, there’ll be five world premieres from Toyota (six if you split the Voxy and Noah minivan concepts), including some vehicles that’ll be released in the near future, and others that need more time to incubate. Let’s get the world premieres out first. Toyota is a pioneer of gasoline-electric hybrids, but it’s also pursuing hydrogen fuel cell-powered vehicles. The clearest indication of this is the FCV concept , a hydrogen-powered sedan in the same vein as the the FCV-R that will bow at the auto show. (Read more about the FCV, here .) Other world debuts include the FV2 concept (pictured), a unique, one-seat future vehicle that emphasizes the “Fun to Drive” philosophy; the JPN TAXI concept , a next-generation taxi concept designed with Japanese hospitality in mind; and the Voxy and Noah concepts, next-generation minivans that differ most in exterior design cues and are scheduled to launch in the Japanese market in early 2014. The Aqua G Sports concept , based on the Prius C , will debut at the show and is a hybrid sports car that’s scheduled to launch in the Japanese market later this month. The i-Road , an electric trike that’s already been confirmed for production (check out our recent test, here ) will also be on display. We’ve been waiting for this next concept since the Toyota GT-86/Scion FR-S was launched, and we’ve already seen it in person , but Toyota will debut the FT-86 Open Concept again, calling it a “world premiere.” Toyota says it “was created to explore future sports car variations,” and while it hasn’t changed since our last viewing, the car now wears a new paint color: Flash Red. Since the paint was created specifically for the auto show, we can only guess that this is why Toyota considers it a world premiere, unless we find out otherwise.

Toyota Motor Sales Issues October 2013 Sales Preview

November 3, 2013 by · Leave a Comment 

TORRANCE, Calif. (Nov. 1, 2013) – Toyota Motor Sales (TMS), U.S.A., Inc., today reported October 2013 sales results of 168,976 units, an increase of 4.8 percent over October 2012 on a daily selling rate (DSR) basis.

Toyota Motor Sales Issues September 2013 Sales Preview

October 3, 2013 by · Leave a Comment 

TORRANCE, Calif. (Oct. 1, 2013) – Toyota Motor Sales (TMS), U.S.A., Inc., today reported September 2013 sales results of 164,457 units, an increase of 4 percent over September 2012 on a daily selling rate (DSR) basis.

DoJ fines Japanese parts firms $740M in massive automotive price-fixing scandal

DoJ fines Japanese parts firms $740M in massive automotive price-fixing scandal

September 28, 2013 by · Leave a Comment 

Filed under: Government/Legal , Japan , Plants/Manufacturing , Chrysler , Ford , GM , Toyota Nine Japanese suppliers have pleaded guilty in US court over charges of price fixing in the automotive parts industry, resulting in the Department of Justice doling out a total of $740 million of fines, according to a report from Bloomberg . The scandal, which has resulted in General Motors , Ford , Toyota and Chrysler spending up to $5 billion on inflated parts and driving up prices on 25 million vehicles has sent the DoJ hustling into investigations. “The conduct this investigation uncovered involved more than a dozen separate conspiracies aimed at the U.S. economy,” Attorney General Eric Holder (pictured above) said during yesterday’s press conference. As the investigation stands, the DoJ has issued $1.6 billion in fines against 20 companies and 21 individual executives, with 17 of the execs headed to prison. Deputy Assistant Attorney General Scott Hammond said, “The breadth of the conspiracies brought to light today are as egregious as they are pervasive. They involve more than a dozen separate conspiracies operating independently but all sharing in common that they targeted US automotive manufacturers.” Big-name suppliers indicted in the investigation include Mitsubishi Electric, Mitsubishi Heavy Industries, Hitachi Automotive and Mitsuba Corporation. A list of fines and other corporations named in the investigation is available at Bloomberg . DoJ fines Japanese parts firms $740M in massive automotive price-fixing scandal originally appeared on Autoblog on Fri, 27 Sep 2013 18:31:00 EST. Please see our terms for use of feeds .

Toyota donates engineers, not money, to country’s largest anti-hunger charity

Toyota donates engineers, not money, to country’s largest anti-hunger charity

August 2, 2013 by · Leave a Comment 

Filed under: Etc. , Toyota Key to production of any kind is efficiency – the ability to achieve maximum productivity with minimal effort or waste. Toyota has become a master of efficiency, with streamlined manufacturing operations around the world. In fact, the Japanese brand has become so well known for efficient operations that it now offers consulting services for organizations and companies outside the auto industry. It also offers the same consulting for non-profits, free of charge. The New York Times took an in-depth look at the transformative impact that Toyota’s engineers had on the city’s charities, including The Food Bank , the country’s largest anti-hunger charity. The auto manufacturer helped revolutionize the way these organizations served the community, showing that there’s more to corporate philanthropy than just donating money. Head on over to the Times ‘ website and give the story a read. Toyota donates engineers, not money, to country’s largest anti-hunger charity originally appeared on Autoblog on Thu, 01 Aug 2013 17:45:00 EST. Please see our terms for use of feeds .

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