Toyota executive banks on hybrids without battery breakthrough for electric carsJune 4th, 2009 Toyota: hybrids best 'green' car for some timeTOYOTA, Japan — A Toyota executive overseeing research said Thursday a battery breakthrough is needed for electric vehicles to become mainstream, and hybrids will remain the best "green" car choice for some time. His comments came just hours after the Japan Automobile Dealers Association said Toyota's Prius hybrid was the No.
Toyota to start making hybrids in Great Britain in 2010 under green strategyJuly 17th, 2009 Toyota to start making hybrids in Great BritainTOKYO — Toyota, the world's biggest automaker, said Friday it will start making hybrid cars in Europe next year as part of a growth strategy that hinges on its strength in green technology. Toyota Motor Corp.
Toyota making hybrids in UK, Honda brings back overtime at Japan plantJuly 17th, 2009 Toyota making hybrids in UK, Honda sets overtimeTOKYO — Toyota said Friday it will start making hybrids in Europe next year, while its Japanese rival Honda is bringing back overtime to meet demand for small cars, underlining the potential of their green vehicle strategies to underpin recovery from the auto slump. As part of a growth strategy that hinges on its strength in hybrid technology, Toyota Motor Corp.
Toyota Prius tops monthly auto sales in Japan in May, passing up Honda's InsightJune 4th, 2009 Toyota Prius tops monthly auto sales in JapanTOKYO — Toyota's Prius was the No. 1 selling vehicle in Japan for May, clinching the top spot in the domestic market for the first time and overtaking Honda's new hybrid, the Insight, which fell to third.
Toyota rolls out first hybrid-only Lexus model with hopes green cars will boost lagging salesJuly 14th, 2009 Toyota rolls out first hybrid-only Lexus modelTOKYO — Toyota rolled out its first hybrid-only Lexus luxury model Tuesday, as the world's top automaker seeks to turn itself around by pushing the increasingly popular green technology. Toyota Motor Corp.
Toyota Prius sales booming in recession-struck Japan on tax-exempt green incentiveMay 30th, 2009 Toyota Prius sales boom in Japan despite slowdownTOKYO — Orders in Japan for Toyota's new Prius hybrid have topped a booming 110,000, a major dealership chain said Saturday, in what is turning out to be a rare bright spot in the gloomy auto market. The third-generation Prius officially rolled out in Japan just two weeks ago.
Toyota to show show 'green' sportscar with Subaru engine, futuristic electric car in TokyoOctober 6th, 2009 Toyota to show green sportscar with Subaru engineTOKYO — Besides showing off its well-known hybrids, Toyota will take a slightly different tack at the upcoming Tokyo Motor Show to display a green sportscar with a special kind of gasoline engine. The FT-86, inspired by a sporty Corolla model from the 1980s called AE86, has a Subaru engine from Toyota partner Fuji Heavy Industries, whose pistons are positioned horizontally, instead of vertically as in standard engines.
Report: Toyota, Mazda to form partnership on hybrid technologyJuly 16th, 2009 Report: Toyota, Mazda to form tie-up on hybridsTOKYO — Toyota is in talks with Mazda about providing its key hybrid technology in a tie-up, the nation's top business daily reported Thursday. Both automakers said no decision has been made.
Toyota new president promises to review product lineup for recovery, focus on regionsJune 25th, 2009 Toytoa president says product lineup under reviewTOKYO — Toyota's new president says that the company's entire product lineup will be reviewed to better focus its offerings to each global region. Akio Toyoda, grandson of the founder of Toyota Motor Corp., says Thursday he will put customers and the rank-and-file first to steer the automaker out of its worst crisis since it was founded.
Toyota racks up 180,000 Japan orders for new Prius hybrid despite hard timesJune 19th, 2009 Toyota gets 180,000 orders for new Prius hybridTOKYO — Toyota Motor Corp. got 180,000 orders for the new Prius hybrid in Japan in just a month, far surpassing its target of 10,000 vehicles in monthly sales, the automaker said Friday.
Toyota reports $819 million quarterly loss on plunging sales, strong yenAugust 4th, 2009 Toyota reports $819 million quarterly lossTOKYO — Booming sales of the Prius hybrid helped the world's No. 1 automaker Toyota deliver a smaller-than-expected 77.82 billion yen ($819 million) quarterly loss and narrow its forecast of red ink for the full year.
Honda executive denies Insight, Prius look alike in outlining design approachAugust 6th, 2009 Honda executive denies Insight is Prius lookalikeWAKO, Japan — A Honda design executive Thursday rejected claims his company's Insight was a copycat of Toyota's Prius, the world's best-selling hybrid car. "We don't think it looks like the Prius at all," said Nobuki Ebisawa, managing director at Honda R&D Co., Honda Motor Co.'s research unit.
Toyota plant churns out Prius to meet hot demand _ but plans to open US factory on holdJune 5th, 2009 Toyota plant on a roll with hit PriusTOYOTA, Japan — Toyota's Tsutsumi plant was abuzz with drills and other machinery Friday, with workers brought in from other, less busy plants to crank out the new Prius to keep up with bursting demand for the hybrid car. But the Toyota Motor Corp.
Toyota projects losses because of weak sales, strong yen as auto industry reelsMay 8th, 2009 Toyota projects losses on weak sales, strong yenTOKYO — Toyota Motor Corp., the world's top automaker, reports earnings for the fiscal fourth quarter on Friday. The following is a summary of key developments and analyst opinion related to the period.
Toyota cuts annual production goal by 28 percent to lowest in 7 yearsMay 13th, 2009 Toyota cuts annual production goal to 7-year lowTOKYO — Toyota Motor Corp. said Wednesday it will cut vehicle production 28 percent this year to its lowest level in seven years.