10% of Toyota China dealers may drop due to losses

January 2, 2015 by · Leave a Comment 

Filed under: Earnings/Financials , Toyota , Car Buying , Car Dealers , China The FAW-Toyota joint venture is struggling in China. Around 10 percent of dealers might have to shut their doors and 95 percent are reportedly operating at a loss this year. The sellers are complaining that their lots are packed with cars that can’t be sold, and they’re asking for money from Toyota to deal with the problem. Continue reading 10% of Toyota China dealers may drop due to losses 10% of Toyota China dealers may drop due to losses originally appeared on Autoblog on Thu, 01 Jan 2015 15:59:00 EST. Please see our terms for use of feeds . Permalink

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

Scion FR-S sprouts a wing at the ‘Ring

Scion FR-S sprouts a wing at the ‘Ring

May 19, 2011 by · Leave a Comment 

Filed under: Spy Photos , Coupe , Scion , Subaru , Toyota Scion FR-S spy shots – Click above for high-res image gallery A lot can change in two days. Remember that Scion FR-S prototype we spied heading to the N

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