Toyota Matrix not long for this world?

Toyota Matrix not long for this world?

April 19, 2013 by · Leave a Comment 

Filed under: Hatchback , Toyota According to a report from AutoGuide , Toyota doesn’t have plans to replace the aging Matrix hatchback in the United States after this year. If true, the timing coincides with the replacement for the Corolla , on which the Matrix is based, with that car slated to get its first complete redesign since 2006 (2008 in the US market). We’d love to tell you how many Matrix models were sold by Toyota in the United States last year, but the automaker chooses to bundle Matrix sales with Corolla sales, so we have no idea. That said, we have to assume sales of the hatchback don’t contribute much overall to the total number of Corolla-based machines. We’re also unsure if Toyota will choose to exit the youth-oriented compact hatchback market entirely , or if the automaker will rely instead on its hybrid Prius line and Scion models like the xB and xD . Toyota Matrix not long for this world? originally appeared on Autoblog on Thu, 18 Apr 2013 08:27:00 EST. Please see our terms for use of feeds . Permalink

Toyota pondering high-performance GT86 hybrid?

Toyota pondering high-performance GT86 hybrid?

March 9, 2013 by · Leave a Comment 

Filed under: Coupe , Hybrid , Performance , Toyota , Rumormill From what Autocar has to say, Toyota has even more plans for the GT86 beyond the convertible concept we just saw at the Geneva Motor Show . Along with a planned midcycle facelift, Toyota is reportedly looking at how to pack some extra ponies under the coupe’s hood, and while there has already been a lot of talk about superchargers and turbochargers, it sounds like a performance-boosting hybrid system could also be in the works. Talking to Toyota chief engineer Tetsuya Tada, Autocar has learned that the automaker is considering an electrical motor assist for the sporty coupe to improve performance without harming fuel economy. In attempting to keep weight – and, presumably, costs – down, the article mentions the use of a system closer to what Honda uses for its Integrated Motor Assist rather than a full Hybrid Synergy Drive system used in current Toyota hybrids. Tada says the added weight of the system could be offset by weight reduction, while aerodynamic changes and a lower center of gravity could improve the car’s handling. No word yet on whether a mild hybrid system would find its way to North America’s Scion FR-S – let alone its Subaru BRZ twin – but the thought is certainly an intriguing one. Toyota pondering high-performance GT86 hybrid? originally appeared on Autoblog on Fri, 08 Mar 2013 14:14:00 EST. Please see our terms for use of feeds . Permalink

Toyota Motor Corporation Vehicles Continue to Dominate the 2013 J.D. Power and Associates Vehicle Dependability Study

February 15, 2013 by · Leave a Comment 

TORRANCE, Calif., Feb. 13, 2013 – Seven Lexus, Toyota, and Scion models captured segment awards in the 2013 J.D. Power and Associates Vehicle Dependability Study, more than any other automaker.

Toyota settles complaints with states Attorneys General for $29 million

Toyota settles complaints with states Attorneys General for $29 million

February 15, 2013 by · Leave a Comment 

Filed under: Government/Legal , Toyota Toyota announced today that it has reached a settlement with the Attorneys General of 29 states and one US territory that will resolve their complaints relating to recalls performed by the automaker from 2005-2010, including those related to sticky accelerators and malfunctioning floor mats that may have contributed to cases of unintended acceleration. The settlement includes a payout of $29 million to be divided among the states and US territory, as well as a commitment from Toyota “to take steps to make vehicle information more easily accessible to consumers to help them operate their vehicles safely and make more informed choices.” The settlement also has Toyota continuing its rapid-response service teams and quality field offices that were put in place shortly after the largest of the recalls from 2010, as well as a “range of customer care amenities for owners of vehicles subject to certain recalls,” though the press release below isn’t specific about what those amenities might be. This settlement marks the second major step in the last few months that Toyota has taken to settle legal disputes surrounding the unintended acceleration recalls, the first being a $1.4 billion settlement to address economic loss suffered by owners of current and past Toyota vehicles that may have lost value on account of these recalls. Continue reading Toyota settles complaints with states Attorneys General for $29 million Toyota settles complaints with states Attorneys General for $29 million originally appeared on Autoblog on Thu, 14 Feb 2013 17:43:00 EST. Please see our terms for use of feeds . Permalink

Toyota GT86 gets TRD treatment in UK

Toyota GT86 gets TRD treatment in UK

February 9, 2013 by · Leave a Comment 

Filed under: Coupe , Performance , Toyota , UK As dearly as we love the Toyota GT86 / Scion FR-S / Subaru BRZ franchise, we readily admit we wouldn’t look sideways at a model with a bit more firepower. And while that’s not quite on the table yet, Toyota has been busy amping up the visual firepower of its rear-drive coupe with a whole host of TRD parts. To this point, that’s been a largely

Toyota to Focus on Its American Successes, Bright Future at the 2013 Chicago Auto Show

January 27, 2013 by · Leave a Comment 

CHICAGO (Jan. 22, 2013) – As the 2013 Chicago Auto Show draws near, Toyota plans on showcasing its American “success stories,” as evidenced by numerous award-winning vehicles and a strong motorsports presence in the automaker’s exhibit.

Toyota close to licensing deal with BMW for fuel cell technology

Toyota close to licensing deal with BMW for fuel cell technology

January 24, 2013 by · Leave a Comment 

Filed under: Technology , BMW , Toyota For over a year now, we’ve been hearing about a potential partnership between Toyota and BMW on everything from sports cars to lithium-ion batteries , but one of the first cooperative projects between these two automakers could bring Toyota’s hydrogen fuel cell technology to a BMW vehicle. Reuters is reporting that an announcement is likely to be made as soon as later this week regarding a BMW fuel cell vehicle that could be in production by 2020 with a prototype running around by 2015. The last we heard of Toyota’s fuel cell technology, it was in the FCV-R Concept that we saw at the 2011 Tokyo Motor Show , but there is no word how far along in development this system is. If it does come to fruition, such a vehicle for BMW would build on the automaker’s commitment to hydrogen that started with the Hydrogen 7 , which unlike a fuel cell vehicle, simply ran on hydrogen fuel rather than converting it to electricity for use in motors. We’re definitely interested where this Toyota/BMW tie up could be headed. Toyota close to licensing deal with BMW for fuel cell technology originally appeared on Autoblog on Wed, 23 Jan 2013 17:59:00 EST. Please see our terms for use of feeds . Permalink

Toyota exec sees future where all cars sold in US are built here

Toyota exec sees future where all cars sold in US are built here

January 21, 2013 by · Leave a Comment 

Filed under: Plants/Manufacturing , Toyota A growing number of foreign automakers have been shifting more vehicle production to the US – including recent announcement by Nissan and Honda – but Toyota could be on the verge of taking an unprecedented step by producing all of the cars it sells in the US right here in North America. According to the Detroit Free Press , Bill Fay, VP and GM of Toyota US, hinted at such a possibility, but the wording in the report makes it sound like this is far from a done deal and would not apply to Scion or Lexus models. Currently, the automaker already builds 70 percent of its US-sold cars in North America including some of its more popular models like the Camry , Corolla , Highlander , Tacoma and RAV4 . While most of the Japanese-made Toyotas that are sold in the US are slower-selling models (like Land Cruiser , FJ Cruiser and Yaris ), the Prius lineup is the glaring exception, and last we heard, Toyota still has plans to ship Prius production to the US by 2015 . This is all a part of Toyota’s plan to add 3,500 jobs in North America to go with recent investments totaling $1.6 billion. Toyota exec sees future where all cars sold in US are built here originally appeared on Autoblog on Sun, 20 Jan 2013 16:01:00 EST. Please see our terms for use of feeds . Permalink

Scion FR-S Wins First Ever AutoGuide.com Car of the Year Award

December 29, 2012 by · Leave a Comment 

TORRANCE, Calif., (Dec. 19, 2012) – AutoGuide.com judges have bestowed the consumer resource website’s first Car of the Year Award to the Scion FR-S. All new vehicles were evaluated against their competitors, new class benchmarks set and their importance to the automaker, consumers and industry. Describing the FR-S as “driving bliss,” AutoGuide.com called out the sport car’s agility and balance, in addition to its driver responsiveness.

Toyota shares rise on smaller-than-expected settlement news

Toyota shares rise on smaller-than-expected settlement news

December 27, 2012 by · Leave a Comment 

Filed under: Recalls , Safety , Toyota Following news that Toyota has proposed a massive settlement to address the owners of vehicles effected by the unintended acceleration recall, shares for the automaker are up 2.6 percent. Over the course of this year, Toyota’s stock has jumped 51.7 percent. “My initiate reaction would be ‘that’s it’… $1 billion charge that covers recalls and everything else and you are looking at a $250 million compensation fund, that’s nothing,” said a senior trader at a foreign brokerage to Automotive News . This settlement has been set aside to cover class-action lawsuits from 16 million owners of Toyota, Lexus and Scion vehicles and is separate from other impending lawsuits – including one consumer protection suit in California and another unfair-business-practices case brought on by 28 attorneys general. In other positive news for investors, the Japanese yen has weakened compared to the US dollar. That likely means improved financial performance from the big Japanese automakers, the largest of which is Toyota. Toyota shares rise on smaller-than-expected settlement news originally appeared on Autoblog on Thu, 27 Dec 2012 18:00:00 EST. Please see our terms for use of feeds . Permalink

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