Thursday, May 21st, 2009
Even though the automobile industry might be struggling now, that hasn't throttled Fuji's plans to enter the emerging hybrid vehicle market.
Fuji Heavy Industries recently announced they hoped to have their own hybrid vehicle available in 2012. Toyota will be providing technology support for the car.
Ikuo Mori, president and chief ...
Posted in Hybrid Vehicles | No Comments »
Tuesday, March 24th, 2009
In news that should come as no surprise to anyone, Honda and Toyota have both announced that the global financial crisis has put a big dent in their sales figures, causing them to cut output. Toyota announced that their global output has now hit the lowest level in 23 ...
Posted in Auto Industry News | No Comments »
Thursday, March 19th, 2009
Toyota will hire less than half the usual number of college graduates next year, due to the global downturn. Toyota is heading towards a huge loss for the year and is seeking to minimize expense where it can.
Next year Toyota plans to hire 1,400 grads, down from this year's ...
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Wednesday, March 18th, 2009
Auto workers for the remaining 3 American car makers will soon be paid about the same as Toyota workers in the United States do. The wage parity is a result of the re-negotiated UAW contracts that were required as part of the government bailout of the domestic auto industry. ...
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Saturday, March 14th, 2009
Toyota has announced they plan on constructing a cheaper hybrid to compete with the new Honda Insight, which will debut in June with a street price of $20,800. The Toyota Prius is $4,000 more expensive, so Toyota is foreseeing a problem.
Honda has already released the Insight in Japan and ...
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Friday, March 13th, 2009
Toyota hybrid vehicles have been catching on with consumers, as indicated by Toyota's recent announcement that they've sold one million of the fuel efficient vehicles in the United States.
The huge success has been built mostly due to the popular of the Toyota Prius, which remains the world's best-selling ...
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Thursday, March 12th, 2009
The price was between Toyota and Honda on their hybrid models the Prius and Insight might be getting underway.
According to an article in Asahi Shimbun, Toyota plans on releasing a cheaper Prius in late 2009. They know they have to compete with the Insight, and plan on ...
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Wednesday, February 11th, 2009
People want better gas mileage, and Toyota is prepared to deliver it to them with their 2010 Prius. The Prius has been the top-selling and award winning Hybrid Electrical Vehicle (HEV) since it's introduction. The car has always offered consumers a comfortable ride and high fuel efficiency for ...
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Monday, December 22nd, 2008
Toyota has announced they're expecting a loss when they reporting earnings in April. The company is facing a global downturn in demand that has crushed margins. This is the first time the company has reported a loss from operations since 1950.
Japanese exports have suffered because of currency exchange ...
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Monday, September 29th, 2008
The slowdown for auto makers is global now. Toyota has announced they're slowing down production in China as sales cool. China had been a bright spot for international auto makers, but that appears to be changing rapidly.
The Nikkei economic daily reported that Toyota plans a 10-percent cut in ...
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