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Toyota's Q1 profit drops 39% Toyota is not used to seeing its profit margins drop, as the Japanese auto giant has enjoyed increased profit for nine straight years. Expect that run to end this year, though, as Toyota is discovering that it is not immune to the downturn of the American auto market. For the year, Toyota has revised its sales forecast from 9.06 million units to an estimated 8.74 million. For the first quarter of the year that ended in June, Toyota has also announced that its operating profit took a 39% plunge from... Article added: 2008-08-08 07:30:01 Article Views Rating: 191
Toyota’s Cars Get More Expensive Since the Toyota hybrids got so popular and the sales on them rise each day, the auto maker decided to hike the prices starting with the 2009 models. Most of the hybrids went about $500 higher than the previous year cars. The biggest seller, Toyota Prius will be sold for $22,720. This price includes the $720 destination charge. The sales of 2009 model start on August, 1. 2009 Toyota Camry hybrid will go for $26,870 in U.S. The car will go to the dealerships on August, 25. The price hiked on 2009... Article added: 2008-08-08 07:29:58 Article Views Rating: 221
Toyota profits plunge 28 percent Buffeted by the worst U.S. auto market in more than a decade, Toyota Motor Corp. on Thursday reported a second consecutive drop in its quarterly earnings. The Japanese automaker said weaker U.S. and European sales, rising raw materials costs and unfavorable currency trends contributed to a 28 percent decline in net profit to $3.2 billion for the three months to June 30. "The financial results for this quarter were severe, due to our rapidly changing business environment, including exchange rate... Article added: 2008-08-08 07:29:56 Article Views Rating: 180
Toyota’s TRD supercharges the Tundra and Sequoia Not widely recognized as a performance parts leader, but rapidly becoming one, TRD Toyota Racing Development has revealed a supercharger system for its Tundra and Sequoia pickup and SUV. Featuring the same basic Eaton four-lobe system found in the Cadillac CTS-V and Corvette ZR-1, the new supercharger boosts the company’s 5.7L V8 to 504hp 376kW and 550lb-ft of torque 742Nm maximum output. The supercharger, which Toyota calls the TRD 5.7L 3UR Supercharger System, is a Roots-type unit that can... Article added: 2008-08-08 07:29:30 Article Views Rating: 178
Toyota Builds a New Plant in Brazil The gas prices grow everywhere and the compact car manufacturers are enjoying their success. The high cost fuel problem hit South America too and due to the big demand on fuel efficient vehicles, Toyota is making arrangements to build a new assembly plant in Brazil. The economy of the country is quickly growing as well as personal income. These factors help to increase vehicle sales even more. The people want to purchase new cars and Toyota is ready to give them this opportunity. The car manufacturer... Article added: 2008-07-21 08:44:32 Article Views Rating: 176
Toyota Urban Cruiser Toyota showed the Urban Cruiser concept at Geneva in 2006, but that time the car was clearly an SUV crossover. The new production Urban Cruiser debuting in Geneva this week has hints of SUV in its DNA, but is essentially a slightly tall and boxy small hatchback. This is because it is very closely based on the recently-announced Ist for the Japanese-market, a car identical to the US-market Scion Xd. The differences appear to be only in the front and rear bumpers which are black at their bases to... Article added: 2008-07-11 06:47:13 Article Views Rating: 508
Toyota presents sports hatch concept Toyota will present a one-off sports concept based on its Aygo hatch at next month’s London Motor Show, which has been designed from the onset as a pure driver’s car. As such, the car is devoid of all electronic handling aids and has no power steering or ABS and is more akin to a go-kart with doors and a roof.Power comes from Toyota’s 1.8L VVT-i engine from the previous Celica and MR2 sports cars but has been mounted to the rear axle for RWD.[source] Article added: 2008-06-14 06:16:33 Article Views Rating: 206
Toyota UK reveals Aygo ‘Crazy’ concept Toyota will present a one-off sports concept based on its Aygo hatch at next month’s London Motor Show, which has been designed from the onset as a pure driver’s car. As such, the car is devoid of all electronic handling aids and has no power steering or ABS and is more akin to a go-kart with doors and a roof. Power comes from Toyota’s 1.8L VVT-i engine from the previous Celica and MR2 sports cars but has been mounted to the rear axle for RWD. The addition of a Toyota Motorsport turbo conversion... Article added: 2008-06-14 06:15:55 Article Views Rating: 192
Toyota IQ As a prelude to jumping into the urban-car market, Toyota showed the IQ concept, its take on a future competitor to the smart. The IQ has similar proportions to the smart — a short wheelbase, virtually no front or rear overhands and a tall profile relative to its stubby overall length of less than 118 in. Although the silhouette is similar to the smart's, the surface detailing is much edgier, with sharp angles, bold character lines and repeating triangular shapes that seem to be inspired by the... Article added: 2008-06-11 08:15:36 Article Views Rating: 214
Toyota may build more Camrys at truck plant Automotive times are a-changin, as fuel-efficient cars are now outselling trucks by a wide margin. Toyota's flexible manufacturing capabilities allow it to adjust to these crazy times, and the Japanese automaker is discussing a plan to build still more Camrys at its Indiana truck plant. The Princeton plant is only running two shifts right now, and its trucks and SUVs are suffering just as much as similar offerings coming out of Detroit. That makes the plant a great fit for the Camry, which sold an... Article added: 2008-06-09 04:44:15 Article Views Rating: 214 |
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