Canada is a vast nation of opportunity and prosperity; it would seem that Toyota has finally figured that out. Later this month, Toyota will be launching its Scion division in Canada. As in the US, Scion will stand on its own, independent of its Toyota parent.
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Toyota Motor Corp. settled a suit with relatives of four people killed in a San Diego accident that prompted the Japanese automaker to recall vehicles on concern they might suddenly accelerate.
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Lotus commemorated their successful relationship with Toyota today (17th September) at a celebration at the British Embassy in Tokyo where Lotus CEO Dany Bahar presented Toyota Motor Corporation President Akio Toyoda with a specially equipped Lotus Elise powered by the last ever Toyota 2ZZ-GE VVTL-i engine. The occasion marked the end of an era and the start of an even stronger relationship between the two companies.
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Fiat has appointed former Toyota Europe sales chief Andrea Formica as CEO of its passenger-car brand.
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Lotus CEO Dany Bahar presented Toyota president Akio Toyoda with a Lotus Elise this week at the British Embassy in Tokyo, celebrating the companies' long partnership.
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A senior Toyota Motor executive has said the automaker wants to actively consider marketing electric vehicles in China but provided no details.
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Toyota Motor is reported to be in talking with Daimler about supplying parts and technology for hybrid vehicles.
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Fiat, Ford and Toyota led a fifth-consecutive monthly drop in European car sales as the end of government incentives hit demand. Audi gained market share. Registrations fell 12 percent to 731,503 vehicles in August from a year earlier.
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Tuesday, Toyota USA announced on its Twitter page that the next generation of RAV EVs will be unveiled at the Los Angeles show, set to begin on Novemver 19.
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Toyota expects its redesigned Scion tC coupe to double sales and breathe new life into the struggling youth-focused brand, Scion's vice president said today.
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Denso Corp., the Toyota-affiliated parts supplier, plans to invest $35.5 million to build its first technical center in India to tailor products to the country's booming market.
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Ford Motor Co. expects its sales in China to outpace growth in Chinese car market this year as it expands its dealer network, the company's local sales chief said today. Ford, which competes with Toyota Motor Corp.
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The Nikkei stock average today jumped 2.3 percent to a one-month closing high after Japan intervened to weaken the yen, boosting shares of Toyota, Honda, Nissan and other exporters.
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Preliminary evidence shows that Toyota Motor Corp. hired a lawyer to destroy or hide incriminating safety documents from vehicle owners who sued the company over rollovers, an arbitrator has ruled.
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A top Toyota executive says the crash data boxes in its vehicles are reliable but a bug in the software that reads the information can provide inaccurate vehicle speeds.
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A top Toyota executive says the crash data boxes in its vehicles are reliable but a bug in the software that reads the information can provide inaccurate vehicle speeds.
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Toyota plans to sell about 20,000 plug-in Prius hybrids in the US from mid-2012 and will show a battery-powered RAV4 developed with new EV partner Tesla at the Los Angeles motor show in November.
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Toyota Motor Corp. will offer a plug-in version of its Prius positioned to be the cheapest green car of its kind by 2012 and could have two electric cars in the U.S. market by that time, executives said on Monday.
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