Shares of Toyota Motor Corp. plunged Wednesday following a major business daily report that Toyota may have trouble meeting global vehicle sales targets.
But Toyota declined to comment on the report, while Senior Managing Director Yoichiro Ichimaru said his company was sticking with its targets for now, including this year’s global vehicle sales goals.
Toyota Motor Corp.’s unprecedented offer of zero-percent financing on nearly a dozen models is trying to make the point that tight credit is no excuse for buyers — in fact, it’s literally giving credit away for free.
A senior board member at Japanese carmaker Toyota Motor Corp (7203.T: Quote, Profile, Research, Stock Buzz) said the current global financial crisis could cause another review of Toyota’s global sales target.
Mitsuo Kinoshita said at the Paris auto show on Wednesday that Toyota had global sales targets of 9.5 million units in 2008 and 9.7 million in 2009.
The owner of Luscious Garage is wondering whether the electric wall outlet will be the “gas tank” of the future.
A Toyota Prius hybrid, owned by Luscious Garage, has been converted to run on electricity.
Drivers of gas-sipping hybrid vehicles are increasingly interested in converting their vehicles from gasoline powered to electric, according to garage owner and lead technician Carolyn Coquillette.
A low-riding luxury sedan weighing more than two tons would probably not be your first pick for a high-speed performance rally over some of Newfoundland’s most twisty, bumpy, potholed and nasty roads. For the people at Lexus Canada, it was at once the first, best and only choice.
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Toyota Motor Sales, U.S.A. Inc. on Wednesday said it will provided four electric vehicles for use in Portland as a shuttle from mass-transit stops.
The automaker, speaking at a Sustainable Mobility Seminar in Portland, said it would put four of its RAV4 electric vehicles into operation in Portland. Portland State University will develop a program to use the vehicles to shuttle people from transit terminals to downtown and suburban locations, Toyota said in a news release.
It’s all been very gentlemanly so far. No name calling. No punches thrown.
But a fight is brewing between heavyweights Toyota and General Motors over the way the government should support plug-in hybrid electric vehicles.
Kyle Busch made it eight victories this season in the NASCAR Nationwide Series, leading 157 laps and absolutely dominating Saturday in a green-white-checkered flag finish at Dover International Speedway.
“It was a pretty flawless day for us,” Busch said. “We made it look easy.”
Joe Gibbs Racing’s Kyle Busch led the opening practice for the Nationwide Series Friday morning at the Dover International Speedway. Driving the No. 18 Z-Line Designs Toyota, Busch ran a total of twenty-eight laps for a fast time of 23.489 seconds at 153.263 mph.
