ElectricToyota Says Business Reform Coming With EV-First Mindset
During a press conference in Japan on Monday, Toyota ’s next CEO, Koji Sato, said the automaker will be undergoing a transformation driven by electrification, intelligence and diversification. More importantly, it will adopt an EV-first mindset. This clashes with the old way of doing things under outgoing CEO Akio Toyoda, …
NewsThese Are the Most Dependable Car Brands in 2023, J.D. Power Says
J.D. Power’s 2023 Vehicle Dependability Study was released today, highlighting the most reliable car brands and models after three years of ownership based on the number of problems per 100 vehicles. More specifically, it examines how 2020 model-year vehicles are currently performing in terms of quality, component replacement and appeal.
NewsToyota Retains Global Sales Crown, Has 3 Models in Top 5
Toyota managed to hold on to its global sales crown in 2022 with nearly 10.45 million vehicles sold around the world. This includes luxury brand Lexus , as well as Toyota subsidiaries Daihatsu and Hino. The Japanese juggernaut easily trumped runner-up Volkswagen AG , whose 8.3 million units sold in …
Electric2023 Lexus RZ 450e Priced From $64,950 in Canada
Lexus has announced pricing and equipment details for its first fully electric vehicle in Canada, the 2023 RZ 450e , which goes on sale later this winter. The all-new crossover shares its platform and many components with the Toyota bZ4X , but offers standard AWD and obviously more power and …
NewsAJAC Names Best Vehicles in Canada for 2023
The Automobile Journalists Association of Canada (AJAC) today announced the vehicles its members selected as the best in Canada for 2023 in each of 12 categories More than 250 vehicles were initially considered for this year's awards. Those newly designed, recently refreshed and carried over from the previous year were …
NewsToyota to Halt Production of Several Models in December
Parts shortages are catching up with Toyota big time. The Japanese automaker will halt production for a number of Toyota and Lexus models in December as supply chain disruptions continue to hit the auto industry. According to a report by Automotive News , the cuts will affect the Toyota RAV4 …
NewsToyota to Substantially Raise Prices to Offset Financial Losses
Toyota had some bad news for car shoppers this week when it discussed its Q3 results, which included an operating loss in the North American region. New-vehicle prices are going to increase substantially in the near future, on both sides of the Atlantic, in order to make up for declining …
NewsToyota, Lexus Extend Connected Services Trials to 10 Years
Connected services in cars and via mobile apps are rapidly spreading across the auto industry. Many customers love them—until the free trials end and they have to start paying monthly fees to keep using these services. Good news if you plan to buy a new Toyota or Lexus : the …