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Toyota Motor Posts $9.7 Billion Profit for Year
This was the largest annual return in five years for the world’s largest automaker, and a clear indication that the recalls of ten million vehicles during 2009-2010 and the product shortages from natural disasters in 2011 are now behind it. Continue reading
Posted in auto news, financial results
Tagged autoinformed, autoinformed.com, corolla, Ken Zino, lexus is, toyota motor
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New Lexus IS Debuts at NAIAS but U.S. Won’t Get Hybrid Versions
The revised Lexus IS compact sport sedan will make its world debut at the North American International Auto Show in Detroit next week with the new Lexus snout grille. The latest versions of the rear-drive IS model range – BMW wanna be’s – will include IS 250, IS 350, and the first IS hybrid, the 300h, which will be available in Europe, Japan and other international markets, but not the U.S where the $33,000 and higher CT220h – a hatchback derived econobox – is available. Continue reading
Posted in auto news, new vehicle
Tagged auto informed, autoinformed.com, automotive news, Ken Zino, lexus ct 200h, lexus is
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