Toyota is world’s top-selling automaker for second year in a row

Toyota is world’s top-selling automaker for second year in a row

January 26, 2014 by · Leave a Comment 

Filed under: GM , Toyota , Volkswagen , Earnings/Financials Toyota is the top-selling automaker in the world. Again. Still. With total reported sales, including those from subsidiaries, of 9.98 million in 2013, Toyota’s performance was enough to outpace rival General Motors by around 270,000 vehicles. That’s a 2.4-percent gain over 2012, and it makes Toyota the top-seller two years in a row. Still, the gap between the top three is shrinking – Toyota held a 460,000-unit lead in 2012. GM sold 9.71 million vehicles last year, a four-percent increase, coming in second place ahead of Volkswagen , which sold around 9.5 million. According to Bloomberg , Toyota CEO Akio Toyoda said his company managed to win the sales race while also remaining more profitable than GM or VW. It’s going to be another interesting year in 2014 as the three behemoth automakers vie for the title of World’s Largest. Toyota has predicted that it will increase sales in 2014 to 10.32 million – which would make Toyota the first automaker ever to surpass 10 million global sales – though General Motors and VW are expected to again fight for the lead in the massive Chinese market.

Toyota readying TMG performance sub-brand?

Toyota readying TMG performance sub-brand?

September 14, 2013 by · Leave a Comment 

Filed under: Performance , Lexus , Scion , Toyota , Luxury It has been said before, but this time we hope we’re joining Toyota in saying it again: the brand should build proper performance cars like it did over a decade ago. Apparently, at least one person at the Japanese automaker agrees. Auto Express recently spoke with Toyota Europe Executive Vice President Karl Schlicht, who said: “We are currently discussing sport lines for Toyota models. There is an appetite for Toyota to do credible performance cars.” And there’s evidence that the Japanese automaker is taking performance seriously. First there’s the excellent Scion FR-S (known as the Toyota GT86 overseas), a joint-development with Subaru . And then there are other less-subtle projects and concepts like the Lexus LS Sports 650 shown above, a 650-horsepower super-sedan developed by Toyota Motorsport GmbH , and the more recent Toyota Yaris Hybrid-R , a 420-hp super capacitor-equipped hybrid hatchback, which also was developed by TMG. All of this leads us to ask two questions: is TMG gearing up to be Toyota’s next official performance brand? Will it have a hand in the development of a successor to the revered but long-dead Supra? We’re not sure, but let’s assume Toyota rules out another established sub-brand to produce performance cars, Toyota Racing Development. TRD has produced performance parts and accessories for awhile, and has even produced sport-oriented vehicles in some markets, but there’s little evidence it will be part of a serious performance initiative at Toyota.

Toyota readying TMG performance sub-brand?

Toyota readying TMG performance sub-brand?

September 14, 2013 by · Leave a Comment 

Filed under: Performance , Lexus , Scion , Toyota , Luxury It has been said before, but this time we hope we’re joining Toyota in saying it again: the brand should build proper performance cars like it did over a decade ago. Apparently, at least one person at the Japanese automaker agrees. Auto Express recently spoke with Toyota Europe Executive Vice President Karl Schlicht, who said: “We are currently discussing sport lines for Toyota models. There is an appetite for Toyota to do credible performance cars.” And there’s evidence that the Japanese automaker is taking performance seriously. First there’s the excellent Scion FR-S (known as the Toyota GT86 overseas), a joint-development with Subaru . And then there are other less-subtle projects and concepts like the Lexus LS Sports 650 shown above, a 650-horsepower super-sedan developed by Toyota Motorsport GmbH , and the more recent Toyota Yaris Hybrid-R , a 420-hp super capacitor-equipped hybrid hatchback, which also was developed by TMG. All of this leads us to ask two questions: is TMG gearing up to be Toyota’s next official performance brand? Will it have a hand in the development of a successor to the revered but long-dead Supra? We’re not sure, but let’s assume Toyota rules out another established sub-brand to produce performance cars, Toyota Racing Development. TRD has produced performance parts and accessories for awhile, and has even produced sport-oriented vehicles in some markets, but there’s little evidence it will be part of a serious performance initiative at Toyota.

Hyundai Sonata caused Nissan to reassess 2013 Altima development

Hyundai Sonata caused Nissan to reassess 2013 Altima development

April 28, 2012 by · Leave a Comment 

Filed under: Sedan , Marketing/Advertising , Hyundai , Nissan , Toyota , Design/Style When Hyundai rolled out their outrageously styled Sonata three years ago, car buyers took notice. It’s eye-catching exterior styling, well-appointed interior and affordable price was just what a lot of family sedan buyers wanted. Few will admit it, but carmakers sat up and paid attention, too. However, Andy Palmer, Nissan executive vice president for global planning, doesn’t mind telling the world that his company certainly saw the significance of the midsize Korean sedan. So much so that they briefly halted design work on the 2013 Altima . “We even delayed development by a short amount just to check that the (new Altima’s) proportions were right, the (package) was right (and that) the product overall was right,” Palmer tells Ward’s Auto. “I’d say they (Hyundai) are our major point of reference.” But with the Altima as the second-best selling car in its segment, Nissan is focusing not on the Sonata, but on Toyota and the No. 1 best seller: Camry . “If you keep coming with better cars and better communications, telling better stories, over a period of time,” Palmer says. “I guarantee you’ll be talking about Toyota and Nissan.” Hyundai Sonata caused Nissan to reassess 2013 Altima development originally appeared on Autoblog on Fri, 27 Apr 2012 14:44:00 EST.

Will Lexus make California its global headquarters?

Will Lexus make California its global headquarters?

December 7, 2011 by · Leave a Comment 

Filed under: Japan , Lexus , Toyota , Luxury Automotive News reports Lexus may uproot its global headquarters and relocate to California. The move would pull the Toyota luxury brand out of Japan for the first time in the nameplate’s history. Toyota has already shifted Lexus’ global marketing functions to the company’s campus in Torrance, California in what is being seen as the first step in a larger move. Automotive News quotes Executive Vice President Yukitoshi Funo as saying the shift is part of an effort to make Lexus less of a Japanese brand and more of a “transnational” one. Lexus isn’t the only Japanese luxury brand shifting its operations around. Nissan announced plans to move the global headquarters for Infiniti from Japan to Hong Kong just last month. The new office handles everything from global marketing to sales and communications. Engineering, however, remains in Japan. Toyota says that the company hasn’t completely decided where Lexus’ global headquarters will land and that there are still plenty of other options on the table. Will Lexus make California its global headquarters?

North American Toyota Production Returns to 100 Percent

September 14, 2011 by · Leave a Comment 

TORRANCE, CA (September 13, 2011) – Addressing the Los Angeles Motor Press Guild at the Toyota U.S.A. Automobile Museum, Toyota Motor Engineering & Manufacturing Executive Vice President Steve St. Angelo…

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