Toyota Motor Corp. was rebuked Wednesday by federal safety regulators for issuing and#8220;inaccurate and misleading informationand#8221; about a safety recall involving 3.8 million Toyota and Lexus vehicles.
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F1's governing body has expressed "concern" about Toyota's decision to quit the sport.
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Toyota's announcement on Wednesday that the recession had forced it to withdraw from Formula One included the statement that the company and#8220;intends to move forward in developing exciting production vehicles, such as the Lexus LFA supercar.
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Toyota Motor Corp. was rebuked today by federal safety regulators for issuing and#8220;inaccurate and misleading informationand#8221; about a safety recall involving 3.8 million Toyota and Lexus vehicles.
Full story...
In today's News Brake: Toyota puts the brakes on its Formula One program, GM says it will keep Opel, and the latest news from the SEMA show . . . But Wait, There's More!
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The US National Highway and Traffic Safety Agency (NHTSA) will not conduct an additional investigation of unwanted and unintended acceleration of model year 2007 Lexus ES350 vehicles and model years 2002-2003 Lexus ES300 after an extensive technical review of the issue, including interviews with consumers who had complained of unwanted acceleration.
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Toyota Motor Corp. pulled out of Formal One racing today, as it battles a second straight year of red ink and races to cut more than $9 billion in costs this year. Toyota follows Japanese rival Honda Motor Co. in quitting the sport.
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Toyota Motor Corp. withdrew from Formula One today, leaving Japan without a team in motorsport's premier series.
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Toyota has said its China sales surged 42% from a year earlier to 65,500 units in October.
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Toyota has pulled out of the Formula One world championship after eight fruitless seasons, joining BMW in the exodus. Honda quit at the end of last season. The companies cite the need to cut costs in the current tough business environment as the reason.
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Bosses at Toyota blame economic crisis for Formula One withdrawal.
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Toyota Motor Corp. said on Wednesday it will pull out of Formula One racing. Toyota, the world's largest carmaker, was the last Japanese team left in the sport following Honda Motor Co.'
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The Japanese car company Toyota revealed its decision in a news conference in Tokyo today following an earlier board meeting. The current economic situation had prompted its departure.
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Toyota Motor Corporation will announce on Wednesday its decision to pull out of formula one with immediate effect.
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Toyota Motor Sales USA general manager Bob Carter has said a proposal to expand the Prius nameplate into a marketing sub-brand for a broad family of low-emission, high-mileage hybrid vehicles was controversial within the company and that a final decision was over a year away.
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What is it? The 2010 Honda Accord Crosstour is the latest in an emerging segment we're calling fastback-utility crossovers, joining the likes of the Toyota Venza and the BMW 5-series GT in the race for buyers looking for something other than...
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Toyota Division's SEMA show offerings are truck heavy, which is good news for anyone whose eyes still hurt from that George Barris Prius Toyota showed a few years ago.
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Toyota Division's SEMA show offerings are truck heavy, which is good news for anyone whose eyes still hurt from that George Barris Prius Toyota showed a few years ago.
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2009 SEMA - Hard Kandy Yaris 002
The Toyota Yaris is known for offering its owners a stylish package, with an emphasis on value. Yaris buyers have creative spirits and when it comes to their vehicle, these owners value a balanced blend of style and feature content to reflect their own personalities. Toyota Motor Sales, USA, Inc.
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