Filed under: Budget , Government/Legal , Hirings/Firings/Layoffs , Hyundai , Lexus , Toyota , Luxury The government shutdown is eroding consumer confidence in the auto market, says John Krafcik, CEO of Hyundai’s US sales unit, and could lower October sales by as much as 10 percent, Automotive News reports . “It’s that anxiety that keeps customers, potential buyers, on the sidelines when making a big purchase like an automobile,” Krafcik says, adding that industry sales could be off by five to 10 percent in October compared to September. The fourth quarter, which started October 1, usually consists of increased auto sales as dealerships clear their lots to make room for the next year’s models. Leading up to the fourth quarter this year, the auto industry was doing well in the fragile, recovering US economy, although September deliveries decreased by 4.2 percent, due in part to this year’s Labor Day sales being recorded for August. To help its customers, Hyundai announced it is deferring new-car loan and lease payments for furloughed federal workers until they’re called back to work and also offering them a three-month payment deferral if they buy a new Hyundai in October. “We have already had requests from over a thousand people to have their payments deferred,” Krafcik says. Toyota and Nissan joined Hyundai as the latest automakers to provide financial relief to customers affected by the federal employee furloughs. Krafcik says US Gov. shutdown is slowing Oct. auto sales originally appeared on Autoblog on Tue, 15 Oct 2013 19:01:00 EST.
Filed under: Budget , Sedan , Performance , Toyota , Australia , Rumormill Sources in Australia are reporting that we’ll be seeing a small, rear-drive sedan from Toyota , based on the GT 86/ Scion FR-S . Yes, a convertible variant is still in limbo, but a four-door sedan is in the works. It’s unclear if the rumored GT 86 sedan would spawn Scion and Subaru variants (it’s hard to cross all ten fingers while you type, but we’re having a go). Working with remarks made by the car’s chief engineer Tetsuya Tada in his blog and a rendering from Japanese magazine Holiday Auto , the Australian site Motoring is claiming that the new model’s wheelbase will grow about four inches over the current GT 86’s 101.2-inch wheelbase. Besides the larger overall space between the axles, the sedan will offer a more potent engine option over the current 2.0-liter, flat-four. Promising 268 horsepower, which is a big jump over the current car’s 200 ponies, the new powertrain will be derived from the Hybrid R setup , shown at the Frankfurt Motor Show. If, like us, you’re reaching for the salt, and we don’t blame you. Motoring seems to think the new model will be available later in 2015 or early in 2016, with pricing that should be within reach of current GT 86 owners (around 30,000 Australian dollars, or $28,371). Toyota to offer sedan version of GT 86? originally appeared on Autoblog on Fri, 11 Oct 2013 11:15:00 EST.
Filed under: Budget , Sedan , Government/Legal , Safety , Toyota Toyota may have performed some major surgery on the 2014 Corolla , but that hasn’t helped the Japanese automaker overcome tough new crash test procedures. The Corolla, Toyota’s bread-and-butter compact sedan, managed only a Marginal score on the new small overlap crash test, which was just added last year. Despite the low score, the Corolla performed well in the moderate overlap front, side, rollover and rear testing, which was enough to score it a 2013 Top Safety Pick. In testing in August, six of the Corolla’s competitors earned the Top Safety Pick + award , for good or acceptable scores across the board. According to the Insurance Institute for Highway Safety, the Corolla’s “Marginal” score was down to an “intruding structure,” that could cause injuries to the lower left leg. There was also concern that in a collision, the driver’s head would move after hitting the air bag, and collide with the A-pillar or dash. Take a look below for the crash test video, as well as a press release from the IIHS. Continue reading 2014 Toyota Corolla gets marginal IIHS small overlap crash test score [w/video] 2014 Toyota Corolla gets marginal IIHS small overlap crash test score [w/video] originally appeared on Autoblog on Fri, 04 Oct 2013 09:28:00 EST. Please see our terms for use of feeds . Permalink
Filed under: Car Buying , Budget , Sedan , Toyota We’ll be publishing our First Drive of the 2014 Toyota Corolla later today, but right now, we can reveal that the eleventh-generation compact will be priced from $16,800 when it hits dealerships this fall (*not including a $810 destination charge). Four trim levels will be offered, and that sub-$17,000 price point reflects the base L grade with a six-speed manual transmission. Adding the four-speed automatic (yep) brings that price up to $17,400, which gets you the usual features standard on this class of car, including Bluetooth connectivity, eight airbags and – a first for this price point – LED headlamps. From there, the LE trim ($18,300) adds a backup camera, cruise control, keyless entry, Entune audio (including a 6.1-inch touchscreen) and a brand-new continuously variable transmission replacing the four-speed auto. There’s even an Eco version of the LE trim that uses a different engine tune to provide fuel economy of up to 42 miles per gallon on the highway. The top-trim S, pictured above, comes with a modified front fascia design, rear lip spoiler, leather-wrapped steering wheel, sport seats and more for $19,000. There are paddle shifters mated to the CVT with seven “gears,” and optional 17-inch wheels are available. Toyota will offer the S trim with a six-speed manual as part of the Plus package, and the Premium pack adds Softex synthetic leather seats. All in, a fully loaded Corolla comes in just under $24,000. Not bad, at all.
Filed under: Budget , Wagon , Toyota , Rumormill The hopes of car enthusiasts are often vain little things; bordering on irrational desires for technologies and form factors that the market has declined to buy in volume, at least in North America. Manual transmissions, diesel engines (although slightly more mainstream these days), compact pickup trucks and, of course, station wagons, are all variations on the well-worn theme here. And so, when we come across a rumor that one or more of these items from our wish list might be upcoming, and a surprise at that, we tend to get fairly amped. Use that as background when you’re considering just how many grains of salt to swallow with this latest Toyota Corolla rumor, which stems from a leaked schematic on the dealership level, and portends a wagon bodystyle for the new car. One enthusiastic Autoblog reader and Toyota dealership employee recently stumbled upon the interior lighting schematic drawing you see inset here, which clearly identifies both the “4D” four-door sedan version of the 2014 Corolla, but also a long-roof “5D” car that is unimpeachably a station wagon (click to expand the image). The real question is, is it a Corolla? What’s possible, albeit disheartening, is that we’re looking at a diagram for the European Auris Touring Sports model (pictured above), a car that debuted at the Geneva Motor Show this past March. However, at least from the diagrams above, the D-Pillar doesn’t look correct, and the nose doesn’t seem quite “pointy” enough, for lack of a better word. It also doesn’t explain why a US dealer would receive such information. Just this week, we drove the 2014 Corolla (look for the review very soon), and at that launch event, Toyota spokespeople told us that there were no further bodystyles planned “at this time.” That kind of language leaves the door open just a crack for a North American wagon.
Filed under: Spy Photos , Budget , Europe , Hatchback , Toyota The five-door version of the next-generation Toyota Aygo , a Euro offering cloned by the Peugeot 107 and Citro
Filed under: Budget , Sedan , Truck , Plants/Manufacturing , Toyota After months of leaked photos and speculative reports, Toyota finally unveiled its 2014 Corolla to the world in early July at a star-studded California party . The confetti has been swept up and the champagne flutes washed and stored, and now the real work can begin: production. Toyota has announced that its new C-segment player has begun rolling off the lines at its plants in Mississippi and Ontario, Canada this week ahead of the planned start of sales in September. What’s more, the refreshed 2014 Tundra pickup has also segued into production in San Antonio, Texas. Corolla production in Mississippi is still a relatively recent phenomenon, with the plant having begun assembly of the outgoing model in the fourth quarter of 2011, while Toyota’s Cambridge, Ontario plant has been churning out the compact volume king since 1988. Conversely, the Tundra has been in production at the Texas facility since 2006, and Toyota projects that the plant will build its milestone one-millionth new vehicle in September, right around the time the reworked fullsize pickup goes on sale. Continue reading 2014 Toyota Corolla and Tundra production underway 2014 Toyota Corolla and Tundra production underway originally appeared on Autoblog on Fri, 02 Aug 2013 15:30:00 EST. Please see our terms for use of feeds . Permalink
Toyota Motor Sales Senior Vice President Bob Carter speaks at the NCLR Conference about Latina contributions to the economy and the community on July 21, 2013.
Filed under: Budget , Recalls , Safety , Hatchback , Toyota Toyota has announced it is recalling a total of 185,000 vehicles worldwide for a power steering issue. Yaris and (overseas) Vitz models built between November 2010 and March 2012 could suffer a short circuit in their power steering control module if water gets inside. Should that happen, the power steering could fail, increasing effort when turning. The recall also includes the Verso-S and Ractis built from August 2010 to August 2011. The recall covers 130,000 vehicles in Japan and around 22,450 in Europe. Only 74 units are being recalled in the United States. Toyota says if the fault occurs, the vehicle will display the Electronic Power Steering warning light on the dash and a buzzer will sound. The automaker will alert owners by mail and dealers will replace the power steering control module free of charge. You can read the quick press release on the recall below for more information. Continue reading Toyota to recall 185k cars globally, including Yaris Toyota to recall 185k cars globally, including Yaris originally appeared on Autoblog on Thu, 04 Jul 2013 08:02:00 EST.