GM Invests an Additional $1 Billion in Cruise Automation
General Motors recently announced it will halt production of some underperforming models at five of its North American facilities to shift investments and resources toward its developing electric vehicles and autonomous technologies. What exactly does that investment look like? According to GM’s earnings call for the third quarter, the automaker is spending approximately $1 billion on […]
Honda and GM to Invest $2.75 Billion in Self-Driving Tech
Honda announced on Wednesday it took a $750 million equity stake in Cruise, General Motors’ autonomous vehicle subsidiary. Over the next 12 years, two companies will together invest $2.75 billion in the development of self-driving vehicles. “This is the logical next step in General Motors and Honda’s relationship, given our joint work on electric vehicles, […]
The Green Car of the Year is the 2020 Toyota Corolla/Corolla Hybrid
A panel of 11 experts have named the all-new 2020 Toyota Corolla and its first-ever hybrid variant as the 2020 Green Car of the Year. It may surprise you to learn this is only the second time a Toyota model wins the award since 2007, when the Toyota Camry Hybrid had earned the honor (though […]
Toyota Up 4.3% in November, Continues to Defy Expectations
A few months ago, the sentiment in the industry was that automotive sales might have peaked. The reasoning was that while various automakers kept breaking their performance records, we would soon run out of customers who hadn’t yet replaced their pre-recession vehicle, and thus sales would begin to decline—at least a little—once again. Toyota was […]
Toyota SUVs Power Through Industry Sales Slump
Toyota continued to show strong sales performances in August, despite a general decline across the industry and reduced demand for the Prius brought about by low gas prices. According to The New York Times, manufacturers reported a 4% dip in overall sales in August, a larger decrease than predicted by analysts who believe that the […]
Best-Ever July for Toyota SUVs and Light Trucks
Toyota Motor Sales in the United States were down 1.4% last July compared to July 2015 on both a volume basis and daily selling rate basis. Lexus brought the brand down a small amount: the luxury sub-brand was down 6.5% for the month. Accounting for that, Toyota division sales were only down 0.5%, though there […]
Toyota Sales Down in May, But SUVs Continue Winning Streak
Toyota hasn’t had the best luck this year. Back in April, a magnitude 7.0 earthquake struck Kumamoto and Oita Prefectures in Japan, killing dozens and affecting a number of Toyota’s parts suppliers. As a result, the automaker was forced to halt production on numerous production lines until May 6th—a necessary decision which will likely have […]
Toyota Claims Title of Top Retail Brand in April 2016
Toyota and Volkswagen continue to compete for the title of world’s largest automaker, with the most global sales. Toyota has had a significant leg up on Volkswagen since the outbreak of the “Dieselgate” scandal, though Volkswagen has impressively been holding its own. Today, however, Toyota announced that it was the “no. 1 retail brand in […]
Toyota Sales Drop in March, But Trucks Are on the Rise
Overall, March was not a month that delivered bragging rights for Toyota Motor Corporation here in the US. At 219,842 units sold, sales were down 2.7% (volume) over March of 2015. Making the brand’s March sales even less impressive is the fact that March 2016 had two more selling days compared to March 2015. On […]
Hydrogen-Powered Toyota Mirai Claims 2016 World Green Title
The 22-mile all-electric range of the Toyota Prius Prime, unveiled last week at the New York International Auto Show, may have been a little underwhelming (given that its direct competition, the 2017 Chevrolet Volt, achieves an all-electric range of 53 miles), but the brand’s hydrogen fuel cell vehicle, the Toyota Mirai, more than made up […]
[PHOTOS] Toyota Introduces Prius Prime at New York Auto Show
![[PHOTOS] Toyota Introduces Prius Prime at New York Auto Show](https://thenewswheel.com/wp-content/themes/patterns/timthumb.php?src=https%3A%2F%2Fthenewswheel.com%2Fwp-content%2Fuploads%2F2016%2F03%2FPrius-Prime-NYIAS.jpg&q=90&w=760&h=400&zc=1 "[PHOTOS] Toyota Introduces Prius Prime at New York Auto Show")
The New York International Auto Show kicked off its first press day today, with automaker Toyota claiming the first press conference spot—a time when journalists were presumably still excited and satisfied from their free bagels and coffee. This spot is a tough one to fill unless you’re bringing something pretty awesome; but, luckily, Toyota had […]
Toyota Renames Three Scion Models Ahead of NY Auto Show
With Scion’s demise fast approaching, parent automaker Toyota is announcing some new changes to those Scion models moving over to its lineup. These three models, the Scion FR-S, Scion iM, and Scion iA will be renamed the Toyota 86, Toyota Corolla iM, and Toyota Yaris iA. Of these models, at least one (Toyota 86) will […]
Toyota February Sales Up Thanks to New RAV4
Last month was quite an eventful one for Toyota. In February, the Japanese automaker announced the shuttering of its youth-oriented brand, Scion; wowed attendees at the Chicago Auto Show with the debut of the new Tacoma TRD Pro pickup truck; and beat out the competition to win the Daytona 500 thanks to NASCAR driver Denny […]
Are We Getting a Toyota RAV4 TRD? Probably.
Last week during press days at the Chicago Auto Show, Toyota unveiled its all-new Tacoma TRD Pro Model. While the focus was most definitely on this badass truck, group vice president and Toyota division general manager Bill Fay did also hint at another TRD model: a Toyota RAV4 TRD. At the show, near the end […]
Toyota Reveals 2017 TRD Pro Tacoma at Chicago Auto Show
At last year’s Detroit Auto Show, Toyota unveiled the redesigned Tacoma truck for the world to see. Fast-forward just over a year, and the 2016 Tacoma has proven to be a top seller for the Japanese automaker. However, Toyota’s not satisfied with its current Tacoma lineup. In fact, Toyota group VP and general manager for […]
RAV4, Highlander Sales Push Toyota to Successful January
With the recent release of the refreshed 2016 Toyota RAV4 and the debut of the new RAV4 Hybrid, Toyota sales saw a slight increase in January, setting the Japanese automaker off to a good start for the New Year. Go Big or Go Home: The Toyota Highlander has room for the entire family In fact, […]
Toyota Corolla Wins at Diversity
On Sunday, the first annual Automotive Diversity Volume Leadership Awards were held by the National Association of Minority Automobile Dealers and HIS Automotive, Inc. The awards ceremony, which took place in Detroit ahead of the North American International Auto Show (NAIAS), recognized the Toyota Corolla for having the industry’s highest number of new vehicles registered […]
Corolla, RAV4, Highlander Help Toyota Win 2015 Sales Crown
For the fourth year running, Toyota has been named top automotive retail sales brand in 2015. This was thanks to a whopping 2,499,313 units sold across the automaker’s three retail brands—Toyota, Lexus, and Scion. Dare to Compare: See how the Toyota RAV4 measures up against the competition December itself saw sales of 238,350—a 2.9% increase […]