Filed under: Car Buying , Budget , Scion , Toyota , Earnings/Financials According to a top Toyota executive, the Japanese automaker will not be introducing any fresh Scion models in the near future, Reuters reports. As of August, Scion sales for this year were down 1.6 percent from 2012 and accounted for only 0.3 percent of Toyota’s overall US sales. And last month, Toyota Motor Sales USA Senior Vice President Bob Carter informed the 1,000 dealers who carry Scion that they can drop the brand without penalty. However, never fear – Carter has assured that, while nothing new is coming for at least six months, the company is still very committed to the quirky Scion brand. Toyota launched Scion, which targets the youth market, in 2003, and sales peaked in 2006. The brand currently has five models, with the 2013 best-sellers being the FR-S sports coupe followed by the tC sedan and xB hatchback. What do you think about Toyota’s decision to hold off on introducing new or refreshed Scion models? Are they heading in the right direction, or does this spell doom for the funky Gen Y brand? View Poll Despite slow sales, no new Scion models in near-term pipeline [w/poll] originally appeared on Autoblog on Mon, 09 Sep 2013 13:00:00 EST. Please see our terms for use of feeds .
Filed under: Car Buying , Coupe , Sedan , Wagon , Toyota This year marks 30 years of sales for the Toyota Camry in the US, and in that time, it has amassed more than 10 million sales. In its first year on the market, the Camry sold 52,651 units, but it has gone on to become the best-selling car in the US for the last 11 years. Toyota says that “virtually all” current Camry models sold in the US are made here, and three-quarters of all Camry contents are domestically sourced. Scroll down for the official press release from Toyota, and be sure to check out our gallery of images showing every model year and bodystyle of the Camry since it first went on sale in 1983. Continue reading Toyota hits 10 million Camry models sold in US Toyota hits 10 million Camry models sold in US originally appeared on Autoblog on Tue, 02 Jul 2013 14:15:00 EST. Please see our terms for use of feeds . Permalink
Filed under: Car Buying , Hybrid , Hatchback , Toyota 2012 was a good year for the Toyota Prius line, the hybrid that started it all moving 236,659 units, being the best-selling model in California for the year and the Prius C (pictured) being deemed the most reliable car of 2012 by Consumer Reports . Then 2013 happened, and gas prices dropped more than expected, and people haven’t been buying the little hybrids like they used to. A report in Bloomberg says Toyota set 250,000 units as the Prius family’s sales target for this year, but hits like the double-digit drop in year-on-year performance in February have helped lower 2013 sales by 8.4 percent compared to 2012, making the objective “a challenge” to reach. The declines in Prius sales come even as hybrid sales overall were up in the first couple of months this year, including sales of other Toyota and Lexus hybrids. Jim Lentz, Toyota’s North American chief, said the Prius target would be adjusted if necessary. Toyota Prius line may not reach 2013 sales target originally appeared on Autoblog on Mon, 22 Apr 2013 14:15:00 EST. Please see our terms for use of feeds . Permalink
Filed under: Car Buying , China , Japan , Honda , Nissan , Toyota Vehicle sales in China took a sizable dip for the first time in eight months, due largely to the fact that buyers in the country are turning away from Japanese brands. Automotive News China reports wholesale deliveries fell by .3 percent last month, while Toyota and Nissan saw sales figures fall to their lowest levels since 2008. Meanwhile, figures compiled by Bloomberg indicate Honda had its worst month since May of 2011. While analysts in China expect market share to shift from Japanese brands to automakers like General Motors , Hyundai and Volkswagen , the Chinese Association of Automobile Manufacturers expects October to be another down month. Anti-Japanese riots recently broke out in China, with demonstrators targeting Japanese businesses and products with violence. Since then, buyers have participated in boycotting Japanese goods, including large items like cars and SUVs. Sales of Japanese vehicles fell by 41 percent to 160,000 units last month alone, slicing market share from 20.5 percent this time last year to 12.2 percent. Chinese auto sales take unexpected September slide amidst anti-Japan sentiment originally appeared on Autoblog on Fri, 12 Oct 2012 09:15:00 EST. Please see our terms for use of feeds . Permalink
Filed under: Car Buying , Plants/Manufacturing , Toyota Two hundred million of anything is a lot, and the point here is that Toyota has built a lot of cars. The automaker announced this week that sometime in June its 200,000,000th vehicle rolled off the assembly line. Toyota’s feat took the company 76 years and 11 months. It has been in the car business since August 1935, but it wasn’t until 1972 that Toyota managed to produce its first 10 million vehicles – some 36 years that were, of course, interrupted by World War II. In the past four decades, however, Toyota has grown at a tremendous rate, with its next 190 million vehicles taking just 40 years and five months. Toyota’s Corolla has been its top seller, accounting for over 39 million units worldwide. By comparison, when General Motors celebrated its 75th anniversary in 1983, it had already built over 235 million vehicles, according to General Motors: The First 75 Years of Transportation Products by the Editors of Automobile Quarterly Magazine . Continue reading Toyota builds 200 million vehicles after 77 years in business Toyota builds 200 million vehicles after 77 years in business originally appeared on Autoblog on Sat, 28 Jul 2012 17:02:00 EST. Please see our terms for use of feeds . Permalink
Filed under: Car Buying , Sedan , SUV , Truck , Crossover , Acura , Cadillac , Hyundai , Mitsubishi , Subaru , Suzuki , Toyota , Luxury Where there are winners, there are inevitably losers. Last year was exceedingly kind to big pickups, sprawling family sedans and SUVs, but not every model came out of 2011 with big sales figures. We took the time to dig through the low-selling models of the past 12 months to find out which vehicles produced throughout the year were the biggest duds. Since we aren’t interested in how few Lamborghini Aventador models rolled off of dealer lots in the U.S. in 2011, we kept the MSRP under $100,000. Our criteria immediately nixed vehicles like the Mazda RX-8 , Volvo V50 , Ram Cargo Van and everything in the Saab stable due to the fact that those models weren’t manufactured through all 12 months of 2011. High-end metal like the Mercdes-Benz SL , CL and G classes were also kicked to the curb due to our price ceiling. Which was the worst of them all? We’ll give you a hint. It wasn’t the Acura ZDX .