Filed under: Sedan , Technology , Toyota Toyota has finally unveiled its FCV hydrogen fuel cell sedan and its Japanese price. We won’t have to wait too long to see the first of these revolutionary vehicles on the roads. It will go on sale in Japan in April 2015 and will come to the US and Europe later that summer. In Japan, the FCV will be priced at roughly 7 million yen before taxes ($68,810 at current exchange rates). However, Toyota makes it clear in the press release that we shouldn’t try to extrapolate US MSRP from that figure, saying that official pricing for the US and Europe has not yet been determined. As will be the case in the US, sales in Japan will be limited to parts of the country that already have a hydrogen refueling infrastructure (that means you, California). The production version of the FCV looks almost identical to the concept from last year’s Tokyo Motor Show . There is a new vertical strip of LEDs at each corner of the front air intake and real sideview windows, instead of the nubs on the prototype. The weird squiggles from the rear trim are also gone in favor of a more production-ready look, but the taillights survive the changes mostly intact. The automaker is keeping most of the specs about the FCV a secret for now as well, but it is confirmed a few key details.
Filed under: Concept Cars , Convertible , Japan , Videos , Toyota , Toys/Games It’s been two years since Toyota first revealed its Camatte show car at the Tokyo Toy Show. Though sadly never destined for production, Toyota brought the concept back the following year as the Camatte 57s roadster, and is now returning to the same show with yet another take on the kid-friendly, configurable 1+2 with interchangeable body panels – this time with a slew of features that are fresh not only to the concept itself, but to the industry altogether. This year the Camatte is being showcased in two forms: a bare chassis in the Tech Lab that lets kids see the inner workings of a modern automobile, and another in the Design Lab that lets kids draw their own motif for the concept that is then displayed on an LED hood. The overall approach reminds us of the way Toyota’s budget brand Daihatsu unveiled the Kopen roadster concept at the Tokyo Motor Show late last year, only even more kid-focused and decidedly more light-hearted than you might otherwise expect from one of the largest industrial giants in the world, and could only have been made for a toy exposition. In Japan. Which would explain the ridiculously upbeat videos below , where you’ll also find the brief press release. Continue reading Camatte concept puts the Toy back in Toyota [w/videos] Camatte concept puts the Toy back in Toyota [w/videos] originally appeared on Autoblog on Mon, 16 Jun 2014 10:01:00 EST. Please see our terms for use of feeds . Permalink
Filed under: Toyota , Earnings/Financials Depending on how you want to look at things, the US Attorney’s Office $1.2-billion dollar settlement with Toyota in March over its unintended acceleration recall was either a big blow to the company or completely inconsequential. From January to March, net income fell five percent to 297 billion yen ($2.89 billion), compared to 313.9 billion yen ($3.05 billion) a year ago. However, the automaker still posted record full-year profits worldwide. Operating profit also fell in the US by 9 percent to $498.1 million for the quarter, but sales were up by 6 percent to 581,261 vehicles. According to Automotive News , global revenue was still up from January to March by about 13 percent and vehicle sales were up 6 percent to 2.58 million units. However, the payment to the feds did little to hold the company back last year. For the fiscal year ending March 31, 2014, Toyota had net income of 1.82 trillion yen ($17.7 billion), compared to 962.1 billion yen ($9.5 billion) in the last fiscal year. Total vehicle sales were also up. The settlement certainly seemed to stagger Toyota for the quarter, especially in the US. But it didn’t do much overall.
Filed under: Japan , Plants/Manufacturing , Toyota , Earnings/Financials Toyota is on track for record profits, and in return, its Japanese workers are receiving their first increase in base wages since 2008, plus higher pay based on seniority and a larger bonus for 2014. The Japanese automaker predicts the average laborer will net a 2.9 percent income gain. The average Toyota employee will earn 2,700 yen ($26.28) more each month, a 0.8 percent increase from last year. Workers will also receive about 7,300 yen ($71.09) more monthly based on seniority and promotions. Finally, the company’s union pushed through a median bonus of 2.44 million yen ($23,768) for 2014, the highest in 6 years. The pay boost comes as Toyota forecasts a record 1.9-trillion yen ($18.5 billion) profit for the fiscal year ending on March 31, according to Bloomberg . It has been helped by the Japanese government’s efforts to weaken the yen on international markets and expand inflation. Prime Minister Shinzo Abe has been asking businesses to increase compensation to end years of deflation and offset upcoming higher sales taxes. Honda and Nissan have also raised their wages there in recent months. Toyota raises Japanese base wages for first time since 2008 originally appeared on Autoblog on Fri, 14 Mar 2014 11:29:00 EST.
GENEVA – March 4, 2014 – When the Lexus LF-NX concept was introduced last year at the Frankfurt and Tokyo Motor Shows last year, customer feedback was positive. Customers who liked the LF-NX will be happy to know the production version, NX, derived from the concept will be revealed at the 2014 Beijing International Auto Show next month.
Filed under: Aftermarket , Concept Cars , Toyota , Tokyo Auto Salon The Tokyo Auto Salon kicked off this weekend, filling the slot in the Japanese car scene that SEMA does in North America or Essen does in Germany with tuned and modified versions of domestic automobiles. Of course, Toyota wouldn’t miss out on the opportunity to show just how far its JDM models can be taken, and to that end brought no fewer than 34 customized vehicles to the Makuhari Messe in Chiba City. Among the highlights is the Harrier G Sports Concept, a modified version of the new crossover that debuted just a couple of months ago at the more mainstream Tokyo Motor Show , with a blacked-out snout that makes it look like a Lexus RX with a bloody nose. There was also a similarly modified Vitz RS G Sports Concept, fitting sports seats and a firmer suspension to the hatchback better known on this side of the Pacific as the Yaris . Toyota’s Japanese in-house tuning division GRMN modified the domestic Mark X sport sedan, replete with 3.5-liter V6 and six-speed manual, with an optimized suspension, brakes and Torsen limited-slip differential. It was joined by the GRMN 86 Concept that brings Gazoo Racing’s experience on the N
TOKYO (Nov. 20, 2013) — Lexus unveiled its striking new production-ready RC coupe, scheduled for launch in 2014, at the 2013 Tokyo Motor Show. The RC raises Lexus’ profile with a broader audience, injecting emotional appeal into the Lexus DNA which has become well known for building quality, refinement and reliability.
Filed under: Sedan , Japan , Videos , Tokyo Motor Show , Toyota , Electric When Toyota first conceptualized a gasoline-electric hybrid vehicle for mainstream Americans to drive, the initial response was pretty skeptical. Still, through relentless engineering and solid product after solid product, Toyota has built the Prius brand into the dominant force in the hybrid car market. Something like that plan of attack is what the Japanese company is preparing for hydrogen fuel cell vehicles, as well, and that attack is seeing a critical salvo fired today with the debut of this FCV Concept at the Tokyo Motor Show . Though there’s nothing substantive to be said about rumors of a 300-mile range or a sticker price around $50,000 , the FCV concept does offer a few technical details. The sharp-beaked concept makes use of two high-pressure hydrogen tanks and boasts a power output density of three kilowatts per liter. Right now, the expectation is that Toyota will have a real-world version of this technology sometime in 2015. Continue reading Toyota FCV Concept comes one step closer to reality [w/video] Toyota FCV Concept comes one step closer to reality [w/video] originally appeared on Autoblog on Wed, 20 Nov 2013 08:15:00 EST. Please see our terms for use of feeds . Permalink
Filed under: Concept Cars , Japan , Tokyo Motor Show , Hatchback , Toyota , Specialty , Design/Style As far as beasts of burden go, New York City’s new – and much maligned – Nissan NV200 ” Taxi of Tomorrow ” isn’t a bad one. It’s space efficient, reasonably economical, and its simple construction should mean it’s pretty robust over the long haul, too. But it lacks panache and a sense of occasion – let alone a sense of humor – three things this this Toyota JPN Taxi Concept we found at the Tokyo Motor Show has in spades. Unfortunately, that’s about all the information we have on this cheeky London-taxi-inspired showcar. Toyota hasn’t provided much in the way of details, other than to proclaim that the five-seat JPN was “created with Japanese hospitality in mind” and it “aims to enliven city streets.” Japan’s livery landscape has long been occupied by traditional three-box sedans – models like the Toyota Crown and Nissan Cedric. The JPN Taxi at just over 171 inches would appear to offer both a tighter footprint and added whimsy, both of which are in the automaker’s favor; we hear it hopes this concept will one day become the country’s own version of America’s yellow Crown Vic cab. Toyota isn’t providing powertrain specifications, but we like the airy feeling of the interior (Japanese cabs typically don’t have cumbersome partitions between cabbie and passengers), the minimalist driver area with three screens, and the widescreen overhead video system for passengers that bookends the panoramic moonroof. Check it out in our gallery of live shots and let us know what you think in Comments. Continue reading Toyota JPN Taxi Concept is a Japanese riff on an English classic Toyota JPN Taxi Concept is a Japanese riff on an English classic originally appeared on Autoblog on Wed, 20 Nov 2013 11:02:00 EST. Please see our terms for use of feeds .