Toyota News

It’s not only American carmakers seeing dwindling sales of pickup truck and SUV models. Industry leader Toyota is also seeing its inventories pile up and has responded by cutting production at its Princeton plant in Indiana. Inside sources have now revealed that Toyota could use the...

Despite conventional petrol-electric hybrid and newer plug-in hybrid vehicles getting all the media spotlight, carmakers like Toyota are still investigating the benefits and feasibility of hydrogen powered fuel cell vehicles. In fact, Toyota has just announced the development of a next-generation...

Toyota and Subaru only confirmed in April the joint-development of a new affordable sports car and now we have the first images of actual prototypes caught while testing in a secret location in the UK. The new car will be sold by both Toyota and Subaru, although several reports claim the Toyota...

The Japanese-market-only Toyota Crown Hybrid first debuted as a concept at the 2007 Tokyo Motor Show, and was revealed as a production model in April of this year. Now the luxury hybrid sedan is getting a cutting-edge pedestrian detection system for its Night View night vision computer. The...

The world's best-selling hybrid is currently built in Japan and China, but with demand for the efficient cars in the U.S. remaining high, Toyota is reportedly considering adding Prius production to its joint-venture facility operated with General Motors. The two companies already use the New United...

A convergence of factors is pointing Toyota toward a year of reduced growth in Europe. Weak sales in Germany, few new models and the lack of an incentive program for fleet sales mean the company's growth for 2008 will likely miss its 5% target. Refusal to fight a price war for fleet sales is one of...

The cost of the United States' new CAFE regulations has been widely speculated - and the figures are generally expected to be high - but the first real calculations of what impact the legislation will have on the industry are beginning to be developed. One analyst firm things the American Big Three...

Toyota is about to pass another major milestone in the race to build the next-generation of hybrid vehicles with the announcement today that it will construct a new $192 million plant in Japan solely to manufacture batteries. The plant is being developed jointly with Matsushita Electric – the...

Despite the current credit crisis and poor economic outlook for the American economy Toyota is ramping up to launch a new credit car through its Toyota Financial Services division. The card will have a points system that can be redeemed for future discounts on vehicle parts and maintenance, or...

Already known for its wide range of hybrids, Toyota has committed to producing 18 new or reworked models in an effort to decrease its fleet average carbon dioxide emissions. The move will help the company meet tighter regulations and reduce the amount of taxes its customers must pay on their cars...

The shift away from fuel heavy SUV and pickups is taking its toll on even America’s top selling Ford F-150 and Chevrolet Silverado, with dealers groups revealing the Toyota Camry – the nation’s best-selling passenger car – is poised to take the number one overall spot if the...

Toyota has managed to rack up one million sales of its petrol-electric hybrid since the car first went on sale in Japan back in December 1997. At the end of April, Toyota said it had sold 1,028,000 Prius models with 100,000 finding a home in anti-hybrid Europe. Only last year Toyota’s...

Despite its status as the world's biggest and most successful carmaker, Toyota is far from immune to the effects of the slowing American economy and rising fuel prices. In fact, the Japanese giant has forecasted a 27% slump in profits for this financial year and this pressure has led to the...

Toyota’s appeal for a case it lost last year against American technology company Paice LLC has been rejected by the U.S. Supreme Court, which means the Japanese giant will now have to pay Paice up to $4.3 million in damages. The case involved Toyota using a technology for its petrol-electric...

The price penalty for the added complexity of a hybrid drivetrain has always been a bit of a concern for those looking to not just save fuel, but to save money. In some calculations from a decade ago, popular hybrids would have taken as much as eight or ten years to repay in fuel savings the cost...

It appears even Toyota, the industry’s top-selling carmaker by volume, couldn't avoid the combined profit gouging effects of an economic downturn, rising material costs and a slowing global economy that have negatively affected most major carmakers. We’ve already seen GM post a $3.3...

The Toyota Prius hybrid was the highest-ranking model in the latest J.D. Power and Associates vehicle customer satisfaction survey conducted in the UK. The Prius earned a total of 901 points on a 1,000-point scale, with owners reporting particularly high satisfaction with the model’s quality...

Toyota will raise its prices in the U.S. due to high raw material prices and the weakening U.S. dollar increasing the cost of production significantly. The move comes during a global downturn for car sales and a time when Toyota is facing its first profit drop in almost a decade. Toyota’s...

Toyota announced this week that it would invest up to ¥10 billion ($96 million) to help fund development of Japan’s first ever commercial passenger jet. The new project is being set-up by Mitsubishi Heavy Industries, and along with Toyota is being funded by Japanese firms Mitsui and Sumitomo...

We’re used to reading stories about the Detroit 3 suffering from inventory problems but when unstoppable Toyota suffers a blowout you start realize just how badly the state of the economy and the car industry in general is doing. Inventory levels for Toyota and its Scion brand have risen to...