TOKYO — Toyota Motor Corp. is projecting a 35-percent plunge in profit for the fiscal year through March 2017, as the perks of a favorable exchange rate fade, and it reported a 4-percent drop in profit for…
TOYOTA has launched the all-new Fortuner after 10 years of market domination by the first-generation model. The new Fortuner is no longer as revolutionary as its predecessor, and faces a much more competitive segment. …
DON’T fix it if it ain’t broke, says the old adage. And old as it is, automotive leviathan Toyota seems to have never heard of it. …
Toyota Motor Philippines has launched the all-new Innova MPV. Executive Chief Engineer Hiroki Nakajima calls the new Innova a “Multi-Performance Vehicle.” Its concept of toughness includes not just the traditional tough chassis, but also a comfortable ride even…
TOYOTA’S venerable IMV (Innovative International Multi-purpose Vehicle) lineup has served the premiere Japanese automotive company as well as the Philippine motoring public for a long time now, being No. 1 in the SUV, pickup or MPV/AUV segments…
WASHINGTON, United States—Embattled airbag maker Takata was told by an independent panel Tuesday to improve management oversight and automation as the faulty airbag scandal continues to rock the global auto industry. The panel, commissioned by the Japanese…
DETROIT— Toyota is recalling about 320,000 trucks and SUVs because the roof-mounted air bags can inflate without a crash. The recall covers the 2005 and 2006 Toyota Tundra and Sequoia, the 2003 through 2006 Land Cruiser, and…
Toyota will end the separate Scion brand, introduced in the United States as a way to attract younger buyers. The brand has met with mixed results. It also ended up diluting the Toyota brand itself, by keeping some…
THE PICKUP wars started last year, but will hit its peak in 2016, thanks to the late introduction of the all-new Toyota Hilux. This will be the Hilux’s first full year of sales, following Mitsubishi’s early launch…
Toyota Motor Philippines Corp. is initially investing more than 1 billion yen—equivalent to a little over P400 million, at the prevailing exchange rate—for its assembly facility in Laguna, as part of the company’s preparations to participate in…
