Stefan GP has announced that its 2010 car is named S-01. It is believed the single seater is the one designed this year by Toyota, prior to the Cologne based team's carmaker parent deciding to quit formula one. Reports in recent days suggested that Stefan GP, a Serbian outfit, wants to race in 2010, but if not granted an official entry is ready to test the car.
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Toyota Motor Corp. expects a 17 percent increase in its 2010 global production, excluding units Daihatsu and Hino Motors, from this year to about 7.5 million units, Japanese media reported.
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Venezuela's President Hugo Chavez has threatened to expel Toyota Motor Corp. unless it produces an all-terrain model of 4x4 vehicles used for public transport in poor and rural areas.
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Toyota Motor Corp. expects a 17 percent increase in its 2010 global production, excluding units Daihatsu and Hino Motors, from this year to about 7.5 million units, Japanese media reported today.
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Venezuela's President Hugo Chavez has threatened to expel Toyota Motor Corp. unless it produces an all-terrain model of 4x4 vehicles used for public transport in poor and rural areas.
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Serbian businessman Zoran Stefanovic's interest in the Toyota formula one team stepped up a gear last week.
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Maruti Suzuki India is finally planning to enter the multi-purpose vehicle segment so far dominated by Mahindra and Mahindra's Scorpio, Toyota's Innova and General Motors' Tavera.
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Toyota will stop distributing Volkswagen cars in Japan at the end of 2010. The existing Volkswagen dealers under Toyota distributorship (called DUO) will move to a new direct dealer contract with VW Group of Japan (VGJ).
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New vehicle sales in Thailand rose by 23.8% to 57,031 units in November, from 46,068 units a year earlier, according to data released by Toyota Motor Thailand.
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Toyota Motor has notified affiliated parts manufacturers about its plan to cut procurement costs for auto parts by a combined 30% by 2013, sources close to the situation said on Tuesday.
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Toyota Motor Corp. plans to cut auto parts procurement costs by around 30 percent over three years to help it regain profitability, media reports said today.
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Toyota will start leasing 150 of its Prius plug-in hybrids in the United States this winter and plans retail sales of tens of thousands in two years.
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I don't know why, but every time I try out a Camry, I become a slow driver. Life passes by very, very slowly specifically when I'm behind the wheel of the Hybrid. I'm so bent on obtaining the lowest fuel economy average I can get, that I become an irritation for both surrounding traffic and my girlfriend.
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Nissan's Frontier exists to compete with small trucks like the Ford Ranger, Dodge Dakota, Toyota Tacoma and Chevrolet Colorado. Despite not being today's best-selling market segment by a long shot, Suzuki has recently been branding version of the Frontier called the Equator, too.
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