Toyota is taking Honda’s Insight threat seriously… very seriously. In fact, the world’s largest automaker will price the new (third-generation) Prius directly in competition with the Honda’s Insight in the Japanese market. Set to go on sale on May 18th, the new Prius will cost just $20,750 (2.05 million yen). The number isn’t official from...
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Toyota has just announced that it is currently developing a hybrid version of the sub-compact Yaris (known at the Vitz in Japan) to take on Honda in the increasingly diminutive hybrid war. Honda’s launch of the Insight Hybrid was the catalyst in this hybrid war, undercutting the Prius in both size and cost. Honda recently...
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Photos: Beyond-Form.com Toyota is planning to bring back the MR2 – this according to AutoExpress. Toyota VP Masatami Takimoto told staff at the U.K. magazine that, “We are aware of the fondness with which the MR2 is held in the UK and Europe, and are developing a small hybrid sportscar.” “We have set a tough...
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According to Japan’s daily Nikkei daily business paper, Toyota will not sit back and watch Honda succeed with its Insight. Nor will Toyota let Honda hold on to the claim of selling the most affordable hybrid in the U.S. for long. A yet-unnamed sub-compact model from Toyota is scheduled to go into production and be...
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Earlier this year Toyota launched the iQ micro-car in Europe and now the Japanese automaker has unveiled a more “performance-oriented” version of the cute and trendy iQ. The new engine is a 99hp VVT-i 1.33-liter four-cylinder that makes 92 ft-lbs of torque at 4400 rpm. It comes standard with Toyota’s six-speed manual transmission, which features...
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The Lexus LS460, Rated the Best Overall Car by Consumer Reports for 2008 Consumer Reports has just released its list of the best cars in each class and the Japanese are dominating with 8 vehicles (out of 10) in the top spots. CR says it bases its results on three variables: Road Tests, Reliability and...
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Yesterday General Motors announced its worldwide sales figures for 2008, and in doing so made it official that the U.S. automaker is no longer the highest volume seller in the world. That title now belongs to Toyota. The two companies have traded places several times over the past two years on who has sold more...
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Amidst all the excitement about the new Toyota Prius at the North American International Auto Show, no one at Toyota mentioned (and no one else seemed to notice) that for 2010 the Camry will receive all sorts of updates. The most significant change is the use of a slightly larger 4-cylinder engine – 2.5-liters, up...
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With 700,000 Toyota Prius models currently on the road in the United States, Toyota today launched the third generation of the car that started it all. The 2010 Prius will get better fuel economy and more power. Incredibly, Toyota has raised the mpg rating from 46 mpg in the current model to 50 mpg in...
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Toyota Motor Corp stock decline over the past 12 months. Source www.BigCharts.com According to Bloomberg news, Toyota will soon announce a possible dividend cut or profit loss. Following the announcement by Toyota Motor Corp. President Katsuaki Watanabe, stocks dropped (just 0.2 percent) but still remained strong. Bloomberg sources the Nikkei English News, which doesn’t give...
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Welcome to the AutoGuide.com News Blog, your comprehensive source for breaking automotive news. Our staff of writers and contributors will keep you updated on all aspects of the auto industry, from vehicle unveilings, to concept cars, to news from auto shows, the aftermarket and the world of motorsports. The AutoGuide.com News Blog complements...
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