Toyota Cuts Annual Profit Forecast By 54 Percent

Toyota Cuts Annual Profit Forecast By 54 Percent
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  This year has been a  tough one for Toyota thanks to Mother Nature and her natural disasters. As if the tragic earthquake and tsunami in Japan wasn’t bad enough, Thailand experienced its worst floods in almost 70 years, disrupting Toyota’s production of their popular Camry and Prius models. As a result, Toyota has had… Continue Reading...

Automakers Shut Down Plants As Typhoon Hits Japan

Automakers Shut Down Plants As Typhoon Hits Japan
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As Japan is now in the midst of Typhoon season, there will likely be others making landfall before all’s said and done, with the potential to wreak further havoc on the country’s citizens and infrastructure, making local automakers nervous. Continue Reading...

Toyota North American Line-Up Production Returns To 100 Percent

Toyota North American Line-Up Production Returns To 100 Percent
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It’s only been a mere six months since Japan was devastated by earthquake and tsunami, but on September 13, 2011, Toyota Motor Engineering & Manufacturing Executive Vice President Steve St. Angelo proudly announced that all Toyota models in the North American line-up have finally returned to 100 percent production. Just weeks after the quake hit… Continue Reading...

Honda’s Asimo to Assist Workers at Fukushima; Not so Fast

Honda’s Asimo to Assist Workers at Fukushima; Not so Fast
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It sounds like the plot to a bad science fiction movie. ASIMO, Honda‘s humanoid robot, is sent into the crippled Fukushima Daiichi nuclear power plan in Japan to help out where human’s can’t, only to be transformed by Plutonium into a killing machine. But don’t worry says Honda, it’s not going to happen. Despite a… Continue Reading...

Toyota Won’t See US Sales Increase Until September

Toyota Won’t See US Sales Increase Until September
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Still plagued by the effects of the March 11th earthquake, Toyota won’t be able to turn a profit Stateside until September. Sales of Toyotas have been plummeting since May: 33% then and 21% in June, and a projected 21-33% for the month of July. This comes on a total 4% slide from the first quarter,… Continue Reading...

Google Street View Vehicles Lending A Hand For Japan Disaster Relief

Google Street View Vehicles Lending A Hand For Japan Disaster Relief
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If you live in America, it’s hard to imagine what it’s like to still favor Yahoo over Google. Over the recent years, Google has evolved from a search engine service to providing free email, navigation, maps, operating systems, image hosting, social networks…you get the picture. The technology that Google has created is, for the most… Continue Reading...

Despite Earthquake, Toyota Anticipates 2011 Prius Sales To Best 2010

Despite Earthquake, Toyota Anticipates 2011 Prius Sales To Best 2010
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Sales of the Prius in 2011 are expected to surpass even the number sold in 2010 says Toyota, despite the disastrous earthquake in Japan that limited production of the popular hybrid. Toyota has been shifting all its resources to ensure production of its hybrid model is top priority after hitting a 61-percent drop in June… Continue Reading...

Watch Japan’s Earthquake And Tsunami From A Car’s Point Of View [Video]

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Yu Muroga was driving along peacefully in Japan when the earthquake and tsunami hit. We’re not quite sure why he had a HD camera running on the dashboard, but we’re certainly amazed by the footage it captured. Even though the earthquake and subsequent tsunami that hit Japan needs no real introduction, very few videos have… Continue Reading...

Honda Dealers Can Take Orders For Fit And Insight Models

Honda Dealers Can Take Orders For Fit And Insight Models
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The news is welcome relief for dealers, whose supply of smaller cars was running desperately low in some cases, nevertheless, Mendel re-iterated that dealers still needed to be aggressive on the sales and marketing front to move metal, even if stockpiles are returning to normal levels. Continue Reading...

Hyundai-Kia Will Overtake Honda and Toyota In May

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Hyundai-Kia Will Overtake Honda and Toyota In May
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Hyundai–Kia will outsell Toyota and Honda in May sales, according to TrueCar. TrueCar expects Hyundai-Kia to sell 115,434 units in May. This number represents an increase of 43.4 percent over May 2010 making the Korean group a 10.9 percent market share putting it number three behind Ford and GM. Hyundai-Kia has gathered a momentum caused… Continue Reading...

Toyota Claims 90% of Production Capacity By This Month, 100% In August

Toyota Claims 90% of Production Capacity By This Month, 100% In August
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Toyota’s plans to resume full production capacity have been reported pretty frequently, but they are moving on track faster than those reports suggest: the world’s largest automaker believes that it can bring Japanese production back to 90% of pre-earthquake levels, by next month. Toyota also believes that given until August, production will be right where… Continue Reading...

European Carmakers Adjust Parts Strategy Amid Japanese Crisis

European Carmakers Adjust Parts Strategy Amid Japanese Crisis
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The Earthquake disaster in Japan may prompt European car makers to seek suppliers closer to them, the chief of Europe’s automobile association said. Ivan Hodac, secretary general of the European Automobile Manufacturers Association, said that some car makers are still being affected by the disaster that caused several Japanese auto manufacturers to suspend operations. Hodac also… Continue Reading...

Toyota Prius Sales Soar As Price Of Gasoline Officially Reaches $4 Per Gallon

Toyota Prius Sales Soar As Price Of Gasoline Officially Reaches $4 Per Gallon
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Toyota Prius sales have drastically risen as the price of gasoline officially reached $4 per gallon in the US. Car buyers are flocking towards high-mileage vehicles and because of Japan’s earthquake and the subsequent disruption of hybrid production, prices have spiked accordingly. According to Toyota spokesman Mike Michels, as gas prices climbed past $4 a… Continue Reading...

Toyota Prius V Still On Track for Fall U.S. Delivery

Toyota Prius V Still On Track for Fall U.S. Delivery
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Reports of the Toyota Prius V’s delay have been greatly exaggerated. According to the company, the Prius V is on track for a U.S. fall debut, after all. The Prius V had been previously reported to be delayed across all markets, due to the Japanese earthquake. But a brief note from Toyota USA’s Torrance, California… Continue Reading...

Spoon Sports Acura RSX Race Car an Automotive Casualty of Japan Tsunami

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Spoon Sports Acura RSX Race Car an Automotive Casualty of Japan Tsunami
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JDM fanboys and Honda lovers everywhere are sure to wince at the above photo, showing yet another side to the devastating Japanese tsunami. Were it not for info provided by Ichishima-san of Spoon Sports, we might not be able to guess that this blue and yellow liveried heap was once an RSX Type R race… Continue Reading...

Aston Martin CEO To Auction His Personal Rapide For Japan Relief Efforts

Aston Martin CEO To Auction His Personal Rapide For Japan Relief Efforts
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To help Japan recover from the recent earthquake and tsunami many foreign companies have donated to relief charities. Aston Martin is the latest to contribute. It’s Chief Executive Officer, Dr. Ulrich Bez is giving up his personal Rapide super-sedan at the Bonhams Auction at Newport Pagnell, with all proceeds going to Japan. He said; “Nobody… Continue Reading...

Honda to Suspend Orders for Made-in-Japan Models

Honda to Suspend Orders for Made-in-Japan Models
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Nearly two months after the devastating earthquake in Japan, Honda is still reeling from the effects—and forcing to juggle production schedules in America and back home. Honda is suspending orders of its vehicles built in Japan for the months of June and July. Production of the CR-Z, Civic Hybrid, Fit, and Acuras TSX and RL are being suspended… Continue Reading...

Supply Issues and Rising Gas Costs Pushing Up Car Prices

Supply Issues and Rising Gas Costs Pushing Up Car Prices
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However, this current set of circumstances might provide an opportunity, particularly for Detroit car makers, who’ve been struggling in recent years. Continue Reading...

Toyota Unsure About Production For May To July

Toyota Unsure About Production For May To July
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Labeled as perhaps the worst natural disaster to ever hit a nation, the earthquake and tsunami that devastated the nation of Japan last month, is still causing an effect on its people and industry. Many car companies have suffered and Toyota, the largest car company in Japan is no exception. Their production delays will have… Continue Reading...

Mazda Race Teams To Help Raise Funds For Japan Earthquake Relief

Mazda Race Teams To Help Raise Funds For Japan Earthquake Relief
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The world of racing is often only focused on getting to the podium, but at the this weekend’s Grand Am series race at Barber Motorsports Park in Birmingham, Ala., three Mazda race teams will be doing their part to help raise funds for American Red Cross for Japan relief. The teams in question are Dempsey… Continue Reading...
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