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: Chicago Auto Show , SUV , Toyota Look very, very closely. This is the 2013 Toyota Land Cruiser , which, though not immediately apparent, is different than the 2012 model. How, exactly? The updated SUV has new features like LED running lamps up front, a revised taillamp design and some new wheel options. Inside, there’s a brand new hard drive-based navigation system complete with Toyota’s fancy new Entune infotainment system. Aside from that, there isn’t much else in the way of newness for Toyota’s stalwart off-roader. Under the hood is the automaker’s 5.7-liter V8 with 381 horsepower and 401 pound-feet of torque, and a standard Multi-Terrain Select system keeps things in check for when the pavement turns to dirt… or sand… or mud. Check out the full scope of Land Cruiser goodness in the press release after the jump , and click through our gallery of images live from the Chicago Auto Show to see all of those ever-so-slight design tweaks.
Filed under: Recalls , Safety , Ford , GM , Toyota Toyota launched a total of 13 recall campaigns in 2011 covering over 3.5 million vehicles. Those figures put the Japanese automaker at the top of the most-recalled list for the third year in a row, according to Ward’s Auto . Between 2009 and 2010, Toyota recalled nearly 11.5 million vehicles in North America for a variety of reasons, including troublesome floor mats and sticky accelerators tied to the company’s unintended acceleration woes. The company says that around 85 percent of vehicles involved in the pedal recall have been fixed, with lower volume models continuing to trickle into dealers. But Toyota wasn’t the only automaker with recall woes in 2011. Ford found itself in second place for the number of vehicles recalled this year with 10 campaigns covering 3.2 million vehicles. For its part, General Motors issued a total of 21 recalls, but the fixes involved far fewer vehicles: 455,901. All told, Ward’s says automakers issued 130 recalls in 2011, down from 136 campaigns in the U.S. last year. *Update: The expanded Honda airbag recall pushed the automaker past Toyota for the greatest number of recalled vehicles in 2011.
Filed under: Sedan , Toyota Toyota was once the unquestioned lead sled dog when it comes to the Consumer Reports “Recommended” list, but the automaker and the consumer advocacy group have had a bit of a falling out over the past couple years. In 2010, the publication removed the Recommended ratings of many models as a result of Toyota’s unintended acceleration controversy. In January Ford nearly overtook Toyota in overall Recommended ratings. We’re on the verge of a new year, and it appears that the Toyota is getting back on CR’s good side. Bloomberg reports that the February issue of CR reveals that the 2012 Camry has scored the coveted tag. The non-profit lauded the Camry for its improved interior and fuel economy, along with an upgraded ride. The four-cylinder Camry averaged 27 miles per gallon during CR testing, tying the Hyundai Sonata for most efficient in the mid-size segment. We’re quite certain that the 2012 Camry would have sold like gangbusters whether or not it was Recommended by Consumer Reports . But at the same time, CR subscribers seem to really like their Toyota models, so it certainly helps to have a thumbs-up from the powerful publication. 2012 Toyota Camry gets Consumer Reports “Recommended” rating originally appeared on Autoblog on Fri, 30 Dec 2011 10:15:00 EST.
December 15, 2010 — The Insurance Institute for Highway Safety (IIHS) today announced that 15 Toyota, Lexus, and Scion vehicles earned Top Safety Pick awards for the 2012 model year, more than any other automaker.
Filed under: Japan , Plants/Manufacturing , Toyota 2011 has been a trying year for Toyota , as the earthquake and tsunami in Japan and the flooding in Thailand have conspired to slow vehicle production and cut into profits. Toyota lowered its profit forecast after the Japan disaster, and now Automotive News reports that the automaker is once again cutting expected profits by a significant margin. Toyota has cut its forecast by 54 percent to reflect manufacturing issues resulting from the Thailand floods. The company is now expecting to make $2.3 billion in the fiscal year ending March 31. In a down economy, a profit is a profit, but this is a far cry from the $10 billion or more Toyota had been earning annually for years. The revised profit forecast is reportedly less than half of what analysts have expected. The flooding alone will reportedly account for more than $1.5 billion in lost profits. Toyota has also cut vehicle production numbers from 7.6 million vehicles to 7.38 million. While this is all bad news for Toyota, it’s safe to say that the automaker remains in pretty good shape overall. After all, the Japanese automaker has suffered through two major natural disasters in a matter of six months, and it’s still expecting a profit.
Filed under: Toyota , Earnings/Financials Toyota saw another unfortunate month of sales in September. The automaker saw its sales figures fall by 18 percent compared to the same time last year, thanks largely to lower-than-average dealer inventory brought on by this year’s earthquake and tsunami disasters. Toyota sold 121,451 vehicles in the U.S. last month across its three brands. The company moved 147,162 vehicles during the month of September last year. Even so, the automaker says that October will show sales improvements, according to Automotive News . Bob Carter , group vice president of Toyota Motor Sales, said that right now, U.S. dealers have a 30-day supply of vehicles, and that inventory will continue to grow in the coming months. Carter also underscored the fact that his company would reverse a five-month trend of sales losses in October and once again post gains. That’s likely to be true given that the 2012 Toyota Camry and Camry Hybrid are likely to bring in buyers as well as the company’s Prius V .
Filed under: Truck , Marketing/Advertising , Toyota , Australia Top Gear showed us just how sturdy the Toyota Hilux pickup truck can be. The plucky Brit trio put one poor truck through a series of increasingly harder challenges until they finally strapped it to the roof of a building destined to be demolished. After pulling it off the pile of rubble that used to be an apartment building, the Hilux was eventually started up, and later driven into the Top Gear studio. Needless to say, this is one tough truck we’re talking about here. Toyota knows its latest Hilux is tough, too, and the automaker has decided to play up this angle for a new series of commercial spots running in Australia, New Zealand and South Africa. Seeking to show just how unbreakable and manly its pickup is, the machine is put through its paces over hill and dale, from the desert to the top of snow-capped mountains… and it meets some strange blokes along the way. It’s also so manly that it even makes dainty women into something barely removed from… well, her husband. Click past the jump to see for yourself.
Filed under: Frankfurt Motor Show , Sedan , Toyota Toyota is headed to the Frankfurt Motor Show next week with a stack of new and revised models, and chief among them is the company’s next-generation Avensis . Built in the UK, the vehicle will feature a new front fascia that falls more in line with the rest of the Toyota clan. Likewise, the automaker says that the sedan’s interior has also received a quick once-over and that we can expect to hear word on new drivetrain options as well. At the moment, Toyota is being tight-lipped about what exactly that will mean for price, fuel economy and power. In addition to the Avensis, visitors to the Frankfurt Motor Show can get their first glimpse at the 2012 Hilux as well as a three-door Yaris variant. Toyota will also be bringing along the entire Prius family, including the Prius Plug-In and Prius+. As you may recall, the latter will be marketed as the Prius V on our side of the world. Hit the jump for the press release. Continue reading Redesigned Avensis heads Toyota lineup in Frankfurt Redesigned Avensis heads Toyota lineup in Frankfurt originally appeared on Autoblog on Wed, 07 Sep 2011 10:58:00 EST. Please see our terms for use of feeds .