Tag Archives: toyota

Two Denso Executives Plead Guilty to Price Fixing

The plea bargain entered appears to be just that, a bargain for the criminals. Continue reading

Share >
Posted in auto news | Tagged , , , , , , | Leave a comment

Global Sales of Toyota Motor Hybrid Vehicles Pass 5 Million

“We had to develop a hybrid system from scratch, making our task extremely difficult,” said TMC Vice Chairman Takeshi Uchiyamada, who was responsible for development of the first-generation Prius, the world’s first mass-produced hybrid passenger vehicle. Toyota had been excluded from participating in a multi-billion dollar U.S. Government program that subsidized the national labs and GM, Ford and Chrysler to develop 80 mpg cars. The so-called partnerships for a New Generation of Vehicles ended in failure with no cars other than a few prototypes produced. Continue reading

Share >
Posted in auto news, electric vehicles, milestones | Tagged , , , , , , , | Leave a comment

Nissan to Return to Le Mans in 2014 as Garage 56 Entry

In 2012, a number 0 Nissan Delta Wing ran at the world’s most famous endurance race from the same unclassified Garage 56 spot. The real Japanese racers that were closely watched at Le Mans last year were a pair of Toyota hybrids, which ran in the fastest LMP1 class but lost to Audi. Continue reading

Share >
Posted in auto news, concept, electric vehicles, racing | Tagged , , , , , , , , , , | Leave a comment

Breakthrough – as Toyota Promotes Japanese and American Executives – One to a Lead Job in Nagoya Headquarters in Unprecedented Move

A significant move is promoting Mark S. Templin, from group vice president and general manager – Lexus Division in the U.S. to managing officer and executive vice president of Lexus International, where he will lead Lexus global operations from Toyota City, Japan. Templin is the first non-Japanese executive to oversee a Toyota division within the company’s global headquarters in Japan. Continue reading

Share >
Posted in auto news, news analysis, people | Tagged , , , , , , , , , , , | Leave a comment

Toyota Quadruples Q3 Earnings despite Yen, China Woes. Raises Forecast

Toyota Motor posted strong Q3 results with a net profit of 99.9 billion yen – or $1.1 billion – for the three months of the Japanese fiscal year ending in December. This was a 23.5% increase from results a year earlier when Toyota was still recovering from natural disasters in Japan and Thailand.
Continue reading

Share >
Posted in auto news | Tagged , , , , | Leave a comment