Toyota Motor Engineering and Manufacturing North America, Inc. President and CEO Osamu ‘Simon’ Nagata speaks at the 2014 Center for Automotive Research (CAR) Management Briefing Seminar in Traverse City, Mich., on Wednesday, Aug. 6, 2014. full_image_path: D:inetpubtoyotamediahtdocsimages2014Aspen_Nagata_002_thumb.jpg feed_brand_code:
Toyota Commits $1 Million to Help the City of Detroit and Secure the Future of the Detroit Institute of Arts
DETROIT (August 6, 2014) — The Detroit Institute of Arts (DIA) announced today that Toyota Motor North America pledged $1 million toward the DIA’s commitment to raise $100 million as part of a “grand bargain” that will help the City of Detroit emerge from bankruptcy, support city pensioners and protect the museum’s art collection for the public. full_image_path: D:InetpubtoyotamediahtdocsimagesNagata_TEMA_Gov_Synder_8_6_2014_thumb.jpg feed_brand_code:
Led by strong sales in North America, cost reductions, favorable currency exchange rates and a gain due to valuation gains/losses from interest-rate swaps, Toyota’s global net income jumped 4.6 percent during the first quarter (April 1 – June 30, 2014) of the 2015 fiscal year. full_image_path: D:InetpubtoyotamediahtdocsimagesToyota_red_logo_thumb_2014080500524090.jpg feed_brand_code:
Filed under: Car Buying , Japan , Toyota Don’t you just hate when your neighbors’ mess becomes your problem? Toyota certainly has good reason to be upset, after an dirty mishap at a steel mill delayed thousands of vehicle exports from its nearby port in Nagoya, Japan, (pictured above) by as much as a month. The messy situation occurred on June 22 when the mill near the port lost power and had to burn off an excess buildup of coke oven gas – which isn’t exactly a situation friendly to living beings or the environment . According to Automotive News , it caused a massive amount of smoke to emit from the plant that fell as soot and tar on about 23,000 vehicles that were waiting to be shipped out. Getting the models properly cleaned off has been quite a task. A team of 5,000 workers were at the port until this week getting them gleaming again. Potential Toyota buyers in North America have no need to fret about getting a sullied car, though. A Toyota spokesperson told Automotive News that none of the vehicles were bound for this continent. The automaker is reportedly considering asking the mill’s owners for reimbursement for the cost of the weeks of cleanup. Paying for the mistake is, after all, the neighborly thing to do.
Filed under: SUV , Etc. , Lexus , Toyota , Australia , Diesel Australian consumers appear poised to get another diesel-burning luxury SUV in the near future, and word is it’s coming from Lexus , of all automakers. Sean Hanley, chief executive of the company’s branch in Oz, recently told Aussie website Drive that he’s “pretty confident” that the new engine for the LX is getting the green light. Like in the US, the LX in Australia is currently only offered with a 5.7-liter, gasoline-burning V8. However, sales of the big SUV are presently minuscule Down Under, with Drive reporting just 153 LX570s sold in all of Oz last year. Hanley is negotiating with Japan to get the new diesel in hopes of boosting flagging sales. If his efforts are successful, it would be the first diesel engine offered in a Lexus there. Hanley didn’t specify exactly which mill the SUV would get. However, given the LX’s close relationship with Toyota Land Cruiser , the diesel 4.5-liter twin-turbo V8 already available in the Toyota in markets outside of North America seems like a natural choice. Don’t expect the variant to be hopping across the Pacific, though.
Filed under: Recalls , Safety , Honda , Mazda , Nissan , Toyota UPDATE : Honda, Mazda and Nissan have all issued statements about the airbag issue, which you can now find below . Interestingly, only Honda is actually using the word “recall” in its statement, with Nissan calling it a “field action” (like Chrysler), and Mazda referring to it as a “special service program.” Honda has also added various Accord, Pilot and Ridgeline models to the list, as well as Acura MDX, TL and CL. Mazda, meanwhile, has added certain Mazdaspeed6 and MPV vehicles to its list. We expect a full list of Nissan vehicles later this week. Three million more vehicles can be added to the worldwide tally to be repaired for the faulty airbag inflators supplied by Takata . Honda , Nissan , and Mazda have all issued recalls to replace the bad part, including about 1.2 million of them in North America. NHTSA has been investigating all three companies, plus Chrysler and Toyota, for potentially affected vehicles. Honda is recalling roughly 1.02 million Civic , CR-V , Odyssey and Element models In North America, built between April 2000 and October 2002. Mazda needs to repair 14,794 units of the RX-8 and Mazda6 , and Nissan has 228,000 vehicles in North America to be fixed. Chrysler is also starting what it calls a “regional field action” to replace the inflators in the 2006 Dodge Charger , according to a company spokesperson.
ANN ARBOR, Mich. (June 20, 2014) –
Detroit, Mich (May 21, 2014) – Toyota Motor Engineering & Manufacturing North America, Inc. President and CEO Osamu “Simon” Nagata is the recipient of the 2014 Industry Leadership Award, which will be presented during the SAE Foundation Banquet on May 22 nd at the historic Masonic Temple in downtown Detroit.
Filed under: Etc. , Chrysler , Ford , GM , Honda , Toyota If you’re planning on buying a new car in the next month or so, you might want to pick from what’s on the lot, because there could be a long wait for new vehicles from the factory. Locomotives continue to be in short supply in North America, and that’s causing major delays for automakers trying to move assembled cars. According to The Detroit News , there are about 180,000 new vehicles waiting to be transported by rail in North America at the moment. In a normal year, it would be about 69,000. The complications have been industry-wide. Toyota , General Motors , Honda and Ford all reported experiencing some delays, and Chrysler recently had hundreds of minivans sitting on the Detroit waterfront waiting to be shipped out. The problem is twofold for automakers. First, the fracking boom in the Bakken oil field in the Plains and Canada is monopolizing many locomotives. Second, the long, harsh winter is still causing major delays in freight train travel.
Filed under: Budget , Hybrid , Europe , Japan , Videos , Hatchback , Toyota , Diesel Toyota first launched the Yaris in 1999, though that model was sold in the North America as the Echo . The second generation arrived in 2005, replaced by the third in 2011. Sometime next year, Toyota is expected to roll out a new Yaris for North America, to be built in Mexico on the same platform as the next Mazda2 . But before that comes to pass, Toyota has introduced a mild facelift for the Yaris in markets other than ours. With styling cues borrowed from the new Aygo and the Yaris Hybrid-R concept, the new Yaris (for Europe) and Vitz (for Japan) are distinguished by updated styling front and rear. Though the European model bears a more aggressive look than the JDM version, both feature the new X motif that seems to be the new look for the whole family – particularly for small hatchbacks. The back end has also been revised to incorporate new LED taillights and a (faux) diffuser in the bumper. The cabin, meanwhile, has been redesigned to feel roomier and quieter with upgraded equipment. The suspension has also been refined, and in Europe at least, Toyota will continue to offer the Yaris with a choice of 1.0- or 1.3-liter gasoline engines, 1.4-liter diesel or hybrid powertrains. We’d tell you more about the varied specifications, but Toyota, in all its worldwide wisdom, oddly released one photo and a press release for the EU-spec Yaris, a whole mess of photos but no press release for the JDM-spec Vitz, but videos for both.