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Japan is not bothered about the recall of Toyota in the US

Posted on February 1, 2010 with No Comments

The owners of Toyota in America are clearly alarmed about inflating call-backs over defective gas pedals and floor mats. Japan which is the auto manufacturers’ home market has had no such recalls and obliviously the reaction is hushed.

The same models of Toyota Motor Corp. which has been called back in the U.S., Europe and China are on the roads of Japan as well. But since they use different supplier of parts and hence they are out of trouble with reference to defective gas pedals.

Naeko Kawamata, a salesgirl at a Tokyo Toyota trader stated on Saturday that; “Some of our customers express sympathy about Toyota’s overseas problems. But we aren’t getting queries on recalls.”

Tokyo’s Waseda University business and economics professor Hideaki Miyajima said that, “Toyota appears to be trying to respond with care. Toyota has grown to where it is now by sticking to safety standards. If it can overcome this problem, it can even make the experience a plus for its future.”

Some of the Japanese experts are hopeful the effect from the U.S. sufferings will pass off in a few months. This will happen only till Toyota reacts comparatively speedily to mend the trouble. They also feel that this crisis has surfaced only because the auto manufacturer spread out too rapidly over the last number of years, making it hard to copy the “Toyota Way,” recognized for faultless quality checks, outside Japan.

Source: Examiner

Toyota alleges fresh gas pedals are on the way to dealers

Posted on February 1, 2010 with No Comments

Toyota stated that it has begun to ship gas pedal parts to its traders from Friday to fix the millions of cars and trucks which had to be recalled due to accelerators becoming stuck.

Brian Lyons the Company spokesman stated that he was not aware as to when the parts would reach or the duration it would take the car manufacturers to finish fixings on the 4.2 million vehicles universal out of which 2.3 million in the U.S. He alleged that Toyota did not yet decide whether to fix the accelerators or restore them altogether. He further stated that Toyota was to make public particulars sometime next week as to how it thinks to resolve the problem.

On Friday, Akio Toyoda the Toyota CEO stated publicly for the first time with regard to the recall. In Davos, Switzerland, at the World Economic Forum he stated to the Japanese broadcaster NHK: “I am very sorry that we are making our customers feel concerned.
“People can feel safe driving in the current situation,” he added. “Please trust that we are responding so it will be even safer.”

Jim Guest the president of Consumers Union stated that “Although incidents of sudden acceleration are rare, we are taking this action because the vehicles have been identified as potentially unsafe without a fix yet being available to consumers.”

Toyota blocked marketing 8 U.S. models, which includes the top-selling Camry, on Tuesday. It also declared that it will cease constructing them till the trouble is fixed.

Toyota in Europe calls back 8 models

Posted on February 1, 2010 with No Comments

In order to solve the highly-advertised throttle pedal trouble Toyota Motor Europe is recalling 8 models which are equal to 1.8m units possibly being affected.

The different models which are being recalled are: iQ (Nov 2008 – Nov 2009); Aygo (Feb 2005 – Aug 2009); Auris (Oct 2006 – 5 Jan 2010); Yaris (Nov 2005 – Sep 2009); Verso (Feb 2009 – 5 Jan 2010); Avensis (Nov 2008 – Dec 2009); Corolla (Oct 2006 – Dec 2009) and RAV4 (Nov 2005 – Nov 2009). No other Toyota models are involved.

Tadashi Arashima who is the Toyota Motor Europe president and CEO remarked in a statement that “Toyota’s policy is to put its customers first in all circumstances.” He further stated that; “We understand that the current situation is creating concerns and we deeply regret it. We would also like to reassure customers the potential accelerator pedal issue only occurs in very rare circumstances. The announced action is a preventive measure aimed to guarantee the highest safety standards to all customers.”

The recall was due to the European unit affirming that 26 happenings – and perhaps more were recorded after its throttle pedal mechanism clinging trouble had turned up.

Toyota announced that: “A running change in production using different parts has already been implemented model-by-model for the models on sale in Europe. Therefore there is no need or intention to stop production in Europe.” Toyota further stated that it did not get news of any accidents even though it notified owners with concerns to reach their adjacent dealer.

Toyota commences New Swappage Strategy

Posted on January 27, 2010 with No Comments

The Government-backed Scrap-page scheme is coming to a close in the month of February 2010. But it not yet the last chance for motorists’ to relish a big rebate when dealing in their old car for a new Toyota.

Under Toyota’s novel Swap-page strategy, customers can even now snap up a £2,000 saving on the value of a suitable new Toyota Auris, Toyota Yaris or Toyota Avensis. In contrast to the Scrap-page scheme, the Swap-page scheme is accessible to owners who own vehicle between 7 and 10 years old. This means that those who registered between 1st March 2000 and 28th February 2003 are eligible for this scheme. Also since it is a Swap-page scheme implying the vehicles traded will not inevitably be transported for end-of-life reprocessing.

Richard Balshaw, Toyota Sales Director stated that, “The famous quality, reliability and keen cost-of-ownership of our models have made them a hugely popular choice for motorists taking advantage of Scrap-page. With Swap-page we are committed to giving even more people the chance to acquire a new Toyota at a genuine bargain price.”

The new system is accessible on new cars bought up to 31st March and registered up to 31st July 2010. DVLA registration is a must for the trade-in vehicles. They have to be insured and have an existing MoT certificate. The individual who wants to purchase must be the registered keeper of the vehicle that is being traded, at least for the last 12 successive calendar months.

Toyota calls back 2.3M US Fomites to fix Gas Pedals

Posted on January 27, 2010 with No Comments

Toyota announced that on Thursday it would be recalling 2.3 million vehicles in the U.S. to fix throttle pedals which can become stuck. This is the latest in a series of quality troubles that have befuddled the Japanese automaker.

The vehicles for the recall includes the 2005-2010 Avalon, the 2008-2010 Sequoia, the 2007-2010 Camry and the 2007-2010 Tundra, the 2009-2010 RAV4, the 2010 Highlander, the 2009-2010 Corolla and the 2009-2010 Matrix.

Toyota alleged that the recall of Thursday is due to possible problems with the real gas pedal mechanics, inducing the accelerator to cling no matter even if the vehicle comprises of a floor mat. Toyota said in some remote cases, the gas pedal mechanics wears down, inducing the throttle to become more difficult to press, duller to return or, in certain cases, stuck. In a letter to federal safety officials dated Thursday, Toyota said the problem looked to be linked to the possible build-up of condensation on slipping surfaces in the accelerator arrangement that assists drivers push down or discharge the gas pedal.

Toyota representative John Hanson stated that “the automaker does not yet have a solution to the latest problem but is working to develop one”. He further stated that “the company is unaware of any accidents or injuries due to the gas pedal problems associated with Thursday’s recall, but could not rule it out for sure. In reality the recall came together very quickly.”

Scion declares Prices for xD Release Series

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.
scion xd rs 2.0 final edition 2009
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 xd rs 2.0 final edition 2009
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.

scion xd rs 2.0 final edition 2009

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Category: Scion xD 2.0

Outgoing Toyota Chief Mourns About Waste and Drift from the Roots

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.

Toyota
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.

How Many Times Toyota Imitates GM Failures

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.

Toyota
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.”

The Cost Analysis of Hybrid

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

Category: Toyota factory

FAW Toyota Proposes to Market 400,000 Cars in 2009

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.

Toyota Prius

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.