Aug 11, 2014

Lexus hints at return of $375,000 LFA supercar

Toyota Motor Corp.’s Lexus, which ended a two-year production run of the $375,000 LFA in 2012 after manufacturing 500 of them, may build a successor to the 552-horsepower car, according to Executive Vice President Mark Templin. The long-term plan has President Akio Toyoda’s backing, ...

Aug 2, 2014

Toyota rises to No. 2 automaker in July U.S. sales, outranks Ford

Rising consumer confidence in the United States drove Toyota Motor Corp. and Nissan Motor Co. to double-digit sales gains in July, with Toyota overtaking Ford Motor Co. to become the second-largest automaker in the market, data released by Autodata Corp. show. The robust figures, ...

Jul 15, 2014

Strike halts Toyota's S. Africa production

Toyota Motor Corp. and Ford Motor Co. are stopping production at South African plants as a strike in the manufacturing industry stems the supply of components. Toyota, the biggest carmaker by exports in Africa’s second-biggest economy, was to halt production of the Corolla, Hilux ...

Jul 3, 2014

Toyota to supply fuel cell vehicle parts to other automakers

Toyota Motor Corp. is planning to provide the major components of fuel cell vehicles to other automakers to promote their entry into the market, company officials said. Since the huge cost of developing the next-generation cars will be difficult for midsize companies to bear, ...

Suzuki Motor's CEO, 84, spurs succession fears

Jun 27, 2014

Suzuki Motor's CEO, 84, spurs succession fears

After almost three decades helming Suzuki Motor Corp., investors are becoming increasingly concerned at the lack of clarity over who will succeed the carmaker’s octogenarian chairman and president. At 84, Osamu Suzuki has already beaten the average life expectancy for men in Japan by ...

Jun 11, 2014

Toyota recalls 2.27 million vehicles globally over airbag

Toyota said Wednesday it’s recalling 2.27 million vehicles worldwide over an airbag system defect that could cause a fire. The world’s biggest automaker, which has now recalled about 9 million vehicles in the past two months, said the announcement covers about 20 models, including ...