Filed under: GM , Toyota , Earnings/Financials Toyota has had some recent setbacks, what with last year’s natural disasters and its lengthy recall problems . But according to Bloomberg , the carmaker is back on track, and is expected to post its largest profit in five years. Toyota reports financial results for its fiscal year tomorrow, and is expected to have a $10 billion net income, which would put Toyota ahead of General Motors in earnings, according to the report. The Japanese automaker is expected to forecast a 12 percent sales growth for next year, which would make it the largest global carmaker by revenue, though Volkswagen is expected to lead in earnings. Bloomberg reports that Toyota’s 2012 calendar year sales are expected to increase 21 percent, to 9.58 million units, which would be a record for the automaker. Toyota shares on the Tokyo stock exchange are up 22 percent for the year. Toyota to best GM’s profit originally appeared on Autoblog on Tue, 08 May 2012 18:02:00 EST. Please see our terms for use of feeds . Permalink
Filed under: Aftermarket , Budget , Performance , Etc. , Japan , Videos , Hatchback , Scion , Toyota , Tokyo Auto Salon Here’s a surprise: Toyota has announced the company will produce the iQ Supercharger first unveiled at the 2011 Tokyo Auto Salon in limited quantities. The automaker has confirmed the development at the 2012 Tokyo Auto Salon . The vehicles will be built by partner Gazoo Racing and will feature a brawnier version of the same 1.3-liter four-cylinder engine found in the standard iQ . With a little forced induction on its side courtesy of a supercharger, the engine should be good for 130 horsepower and 133 pound-feet of torque. That’s an increase of 36 ponies and 44 lb-ft over the stock configuration. Like the concept, the production model will wear a not-so-subtle widebody kit, stiffer suspension and more aggressive brakes than its standard siblings. A six-speed manual transmission will be the only gearbox option. Indoors, buyers can expect to find custom seats and gauges that read all the way up to 124 mph. Toyota and Gazoo Racing only plan to produce 100 of the muscle-bound iQ Supercharger models, and there’s no indication its Scion cousin sold in the States will receive a similar treatment.
Filed under: Concept Cars , Tokyo Motor Show , Hatchback , Toyota , Electric Toyota unveiled a handful of production and concept Aqua models at the 2011 Tokyo Motor Show . As you may recall, the Aqua will serve as the Prius C here in the United States when it lands at the Detroit Auto Show in early 2012. The Yaris -sized hatchback will come equipped with a 1.5-liter Atkinson cycle four-cylinder engine and an electric motor, though Toyota hasn’t said what we can expect in terms of total output. We do know that the vehicle’s svelte curb weight and smaller engine will likely translate into Prius-besting fuel economy numbers, so buyers can look forward to over 50 mpg in the city. The brightly-colored Aqua Kiriri Version and Aqua Piriri Version joined the production Aqua under the lights in Tokyo, giving the world a better idea of what the model could offer in terms of dealer modification. The little hatch looks sharp, and the fuel economy figures are enough to make anyone grin. Toyota Aqua concepts hint at Prius C possibilities originally appeared on Autoblog on Thu, 01 Dec 2011 19:30:00 EST. Please see our terms for use of feeds . Permalink
Filed under: Concept Cars , Hybrid , Sedan , Japan , Tokyo Motor Show , Toyota Toyota is out to prove that the fuel cell vehicle isn’t as dead as we thought. Despite the fact that a hydrogen infrastructure is no closer to reality now than it was five years ago, the company unveiled its FCV-R Concept at the 2011 Tokyo Motor Show . Engineers snugged the fuel cell unit beneath the passenger cell to preserve passenger and cargo capacity. The FCV-R Concept boasts space for four and their gear, and Toyota claims that the vehicle has a range of around 435 miles. That works for us. Currently, the FCV-R is only a concept, though it’s interesting to see Toyota playing with hydrogen fuel cell technology once again. Will the tech eventually make its way to the road? Here’s hoping. Toyota has already made it clear the automaker wants to see the Prius range become its best-selling nameplate in the near future, and a fuel-cell version could be part of those plans. Hit the jump for the full press release.
Filed under: Coupe , Performance , Tokyo Motor Show , Toyota Certainly for the moment, this is the biggest competition the Subaru BRZ has: its twin, the Toyota GT 86 . The volcanic orange coupe was unveiled in another corner of the Tokyo Motor Show , and frankly, it’s got a lot to recommend it. The frontal treatment is slightly different than on the BRZ, but the only digression out back is the lack of a spoiler, and the GT 86 looks pretty good without it. Inside, it’s a tale of two cabins. Clearly Toyota has brought a higher-spec cockpit to the party, and although you might not dig the red two-tone scheme, the iPhone cradle, toggle switches and white gauges are nifty. Of course, that niftyness will cost you a navigation screen, but these are exactly the kinds of choices the GT 86 vs BRZ crowd will need to make. Brush up on the specs in the release after the jump and take a walk around it in our high-res image gallery. Continue reading Toyota GT 86 makes a compelling case for itself Toyota GT 86 makes a compelling case for itself originally appeared on Autoblog on Wed, 30 Nov 2011 01:46:00 EST. Please see our terms for use of feeds . Permalink
Filed under: Concept Cars , Coupe , Tokyo Motor Show , Hatchback , Toyota , Electric The Tokyo Motor Show wackiness has officially begun, and the first far-out concept comes courtesy of Toyota and the Fun-Vii. Forget custom paint jobs and vinyl graphics, the Fun-Vii lets you change the exterior design “with the same ease as downloading an application,” allowing drivers to display everything from custom messages to flashy graphics through some manner of magical exterior display technology. The same goes for the interior, which Toyota claims can be customized to suit the mood of the driver, with a variety of themes and an augmented reality function taking place of the traditional navigation system. Less far-out is the incorporation of a “navigation concierge” that provides up-to-the-second driving and multimedia information through a virtual assistant. And naturally, the Fun-Vii interfaces with both your smartphone and other road users, adding both a safety and social element to the driving experience. We’ll be getting an eye-full of the Fun-Vii on Wednesday, but in the meantime, get the minimal details in the press release below the fold . Continue reading Toyota Fun-Vii is rolling, customizable weirdness Toyota Fun-Vii is rolling, customizable weirdness originally appeared on Autoblog on Mon, 28 Nov 2011 08:25:00 EST. Please see our terms for use of feeds . Permalink
Filed under: Concept Cars , Hybrid , Japan , Tokyo Motor Show , Hatchback , Toyota , Electric We’ve heard the argument before: Why get a big hybrid when a small hatchback can, in real-world conditions, post similar fuel economy figures. And to them, Toyota answers with the new Prius C . Smaller than the existing Prius , the Prius C will launch at the rapidly approaching Tokyo Motor Show and makes its U.S. debut shortly after at the Detroit Auto Show in January. The nimble Prius C is about the size of a Yaris but packs a hybrid drivetrain, coupling an as-yet undisclosed “high-output” electric motor with a 1.5-liter gasoline engine. Destined to be called the Aqua in the Japanese Domestic Market, the hybrid hatchback also boasts a low center of gravity for better handling and luggage space. Compared to the standard Prius, the lower weight and smaller, less powerful engine in the Prius c will result in better-than-Prius fuel economy. Toyota says it will achieve over 50 miles per gallon in the city, the highest city fuel economy for any non-plug-in vehicle. Of course the Prius C isn’t the only debut Toyota has in store for Tokyo, as the production FT-86 – also boasting a low center of gravity thanks to a Subaru -sourced boxer engine mounted low in the frame – is set to bow at the Japanese expo as well. But Toyota isn’t stopping there.
Filed under: Coupe , Performance , Tokyo Motor Show , Lexus , Toyota , Rumormill Toyota was once an automaker known for its two-door sportscars and coupes. There was the Celica . There was the Supra . There was the Lexus SC . But while those have all long since departed, the Japanese auto giant is clawing its way back to the territory it once owned. The Lexus LFA is one heck of a first salvo, and the FT-86 is around the corner. There’s a world of space between those models, though, and according to the latest reports, Toyota is planning to fill that space, too. Rumor has it that, while not officially sanctioned, a team of engineers is working on a rear-drive successor to the Supra , though where the project stands and what future it may have remain big question marks. A second front-drive luxury hybrid coupe is also tipped to be in the works from Lexus , adopting much of its underpinnings from the CT200h . Before those arrive, though, we look upwards to the LFA.
Filed under: Concept Cars , Frankfurt Motor Show , Coupe , Toyota , Design/Style Believe it or not, we’ve now seen the Toyota FT-86 in some form or another on five different occasions now – and it’s still a concept. The original car was unveiled at the 2009 Tokyo Motor Show , we saw the FT-86 II this year at the Geneva Motor Show , along with the chassis and powertrain of its Subaru counterpart , we then saw the Scion interpretation at the New York Auto Show , and finally, a slightly revised version of the car is on display here in Frankfurt . Can we please just drive the thing already? By the time it gets to market, it’s going to arrive with a mid-cycle refresh! Toyota says that the car on display here at the Frankfurt Messe is “lighter, faster and sportier” than the concept cars that came before it, but aside from the new orange paint job, the only noticeable difference we can see are a pair of red Brembo brake calipers behind those alloy wheels. Nifty. Still, we never turn down a chance to eyeball the FT-86, and we encourage you to do the same in our attached high-res image gallery. Toyota shows off FT-86 II concept… again originally appeared on Autoblog on Wed, 14 Sep 2011 11:00:00 EST. Please see our terms for use of feeds . Permalink