Archive for July, 2009
Posted on July 15, 2009 with No Comments
Scion today declared its final restricted production vehicle for 2009, the xD Release Series 2.0 (xD RS 2.0), will be obtainable at dealer showrooms shortly this month.
The 2009 xD Release Series 2.0 can be obtained solely in Electric Wasabi green external paint. It also has introduced some unique interior alterations. The xD boasts of a touch screen Pioneer Audio Visual Navigation (AVN) top unit with spark memory. It also has a voice recognition, and Bluetooth facility.
Scion is to manufacture only 1,600 units of the xD RS 2.0. The manufacturer’s suggested retail price (MSRP) will be $1,270 over the foundation price of the xD. The base MSRP for the standard xD with a labour-intensive transmission is $14,650, while the standard xD with a mechanical transmission model is $15,450. The obtainable Electric Wasabi spoiler has a MSRP of $285 and this does not include installation.
Posted on July 14, 2009 with No Comments
Just in a short span of six months, Toyota Motor Corp. broke down from the world’s largest, most lucrative car company to the industry’s top periodical money loser.
The approximately $28 billion loss after a record operating profit was too fast, but the issues at the back of this had boiled for years.
Subsequent to its 50 years in the United States, Toyota still trades in 45% of the vehicle it markets there. A ten year long development drive furthered the automaker’s expenses. An urge to pace new models’ its quality has fallen leaving the door open for rivals.
Toyota ignored the packed in cars that had made it enormous in support of luxury models, large SUVs and pickups.
The outgoing president stated that the reason for this was that in each area, the firm has surpluses, waste and over expansion.
Posted on July 13, 2009 with No Comments
Toyota capitalists will not be able to see a rapid recovery stated Christian Takushi, who is a portfolio manager in Zurich for Swiss canto Asset Management AG. The Swiss canto Asset Management AG possesses more than 1.7 million Toyota shares.
Toyota accounted a net income of $17.7 billion for the financial year completed on March 31, 2008. The Corporation had a $22.2 billion plunge in its income for 2009. Toyota finished financial 2009 with a $4.5 billion net loss and the company has predicts that it is likely to lose $5.7 billion more in fiscal 2010.
Takushi further commented that the earnings of Toyota can not be revived for 3 years, even if sales bounce back, as Toyota is still compensating for its growth.
Takushi added that “Toyota has overdone itself with capital spending because they really wanted to be No. 1; they’re paying a high price.”
Posted on July 12, 2009 with No Comments
The price recommended by the MSRP (manufacturer suggested retail price) is $22,000 for the all new third-generation 2010 mid-size Toyota Prius II. This price is $1,806 less than the $23,806 median price of the mid-size sedan section. When the industry loan averages is used the Prius will have a monthly payment of $435.
The annual fuel costs based on the EPA-figured fuel economy ranking of 50 mpg for combined city and highway is $2.62 a gallon. The statistics is based on the national average as of 6/8/2009. The Prius is economical to the tune of around $172 per year or $14 a month.
So for a mere few extra dollars one can get a more spacious vehicle which is a full hybrid. It also gives better mileage ratings, improved performance, vehicle constancy control, driver’s knee airbag, belt less engine, rear disc brakes etc. Thus when hybrid affordability has to be considered then it has to be looked beyond MSRP.
Source: Press room Toyota
Posted on July 11, 2009 with No Comments
China’s auto market is on the path of recovering after the government launch of a slew of stimulant actions earlier this year.
To profit from the back up policies and gather the emergent market demand, FAW Toyota has determined to elevate its
sales goal of this year from 380,000 vehicles to 400,000 units.
Since the Chinese government halved the sales tax to 5% on small cars with 1.6 liters and less engines beginning from January 20, sales of FAW Toyota’s vehicles with these engines have increased. The sales of 1.6L Corolla, Corolla EX, and
Vios sedan models have also increased considerable. These makes may add 40% to the aimed sales of 400,000 units for this year.
FAW Toyota’s RAV4 SUV obtained 12,072 orders in 20 days from the time when it was launched on April 10 this year. In the first fourth month, the company had sold 50,746 Corolla cars and 13,195 Corolla EX cars.
Posted on July 10, 2009 with No Comments
Toyota Motor Corp, the world’s major automaker, predicted an anticipated yearly loss of $8.6 billion as sales collapse. This has led to more than a dozens of its factories not used. Toyota recorded a $6.9 billion loss for the January-March fourth quarter and thereby reducing its yearly dividend for the first time since 1994.
The global depression has battered demand for cars and has hit Toyota very badly. This led to its fall from rapid expansion to overcapacity nearly overnight. The Japanese giant recorded its first-ever consolidated operational loss last year since it posted a record profit the year before. On a net base, Toyota has predicted an annual loss of 550 billion yen.
Toyota said it anticipated its global sales to decrease by approximately 145 to 6.5 billion yen in 2009/10. It estimated 830 billion yen in capital expenditure which is 1.3 trillion yen less than it was a year earlier.
Posted on July 9, 2009 with No Comments
The new Toyota Prius has brought back an hard to believe 2.64 litres/100km (107mpg) ranking in Japanese tests.
Toyota has stunned the driving world by declaring its new Prius formally averages out 2.64 litres/100km (107mpg) – an unprecedented high for new cars.
The new model will be on sale in some markets during the month of May. It has presently been qualified in Japan with the impressive fuel utilization figure. The intercrossed petrol-electric car gives out just 61g/km of CO2. The credit goes to the many inventions of its new 1.8 litre engine system.
The expelling figure is quiet below any other new car on sale and this includes the minute Smart ForTwo diesel, and Honda’s new Insight hybrid.
The consumptions figures for the European markets are yet to be established and if they are also as eye-opening as this, the rivalry is in for a challenge.
Posted on July 8, 2009 with No Comments
Toyota Motor Corporation has augmented its functioning hours at some plants to conform to the demand for its admired Prius hybrid cars. This was stated by a company official.
The Japanese auto goliath has previously cut factory employees’ working hours but now has broadened its functioning at the Tsutsumi Plant in Toyota, Aichi Prefecture. This is here that the latest model of hybrid Prius is produced.
Toyota has actually sold more than 100,000 new hybrid Prius cars in a week since its new model’s release on May 18. This includes orders of 80,000 units in advance of its release. The reason is the introduction of the government’s new “eco-car tax break” program from April 1.
Due to the global auto sales drop-off, Toyota had cut back factory workers’ night shifts and overtime since last autumn. It set aside operations at factories for 17 days between January and April so that its stocks could be decreased.
Posted on July 7, 2009 with No Comments
Toyota Motor Corporation is diagramming its future in the midst of 1,631 acres that is 660 hectares of rice paddies that has a date stamp of the 17th century and cedar forests. In the hamlet of Shimoyama the Toyota Corporation has planned to set up its research center with a minimum of 10 kilometers of road paths to modify its vehicles.
This has been taken up to bring in more of Toyota’s hybrids and fuel-efficient cars on the road. This comes at a time when Honda Motor Co. has also brought in its new Insight gasoline-electric model in February. Toyota has plans to sell its hybrid version in the financial year starting in April 2010.
Toyota will be conducting trials at the new venue to analyze safety and performance. The corporation is not likely to discuss the project. But it has been announced that the project is likely to break ground in April.
Posted on July 6, 2009 with No Comments
The Toyota Hiace is a chilly hope for 2009. It is newly outfitted as standard with air conditioning. The improvement is one of a variety of new characteristics for the new model this year.
The Toyota Hiace was introduced to enhance comfort on board besides new-design seats and a smart-but-strong cloth covering and textile embraced door panels. Apart from this it has an incorporated armrest and panel for the clout window controls.
Sound absorbing materials have been used throughout the Hiace’s cabin and so it is a quieter place to be in now. Noise, vibration and harshness has been considerably condensed. The glass in the windows has also been changed and now it keeps off UV glare.
The exterior styling has also undergone changes which include a new-look front grille, additional chrome detailing for the bonnet and at the rear. Newly designed wheel covers Eclipse Black Metallic has been supplemented to the array of outside colors.