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Posts Tagged ‘toyota news’

Scion Moving iM Hatchback from Concept to Production

Brand kicking off sustained run of new products with new hatch.

by on Nov.20, 2014

Scion Vice President Doug Murtha confirmed the iM Concept will move quickly into reality as the production version hits showrooms next year.

After the reveal of the Scion iM Concept car in Los Angeles, executives confirmed a production version of the five-door compact will be coming to dealerships in 2015.

The iM “concept,” compact hatchback unveiled during the here will morph, with very few changes, into a new production at the New York Auto Show next spring. Nancy Hubbel, Scion spokeswoman, said the decision was made to go ahead and confirm the concept car is intended for production rather than duck the question.

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“The two models we’re debuting in New York next spring are just the beginning for Scion,” said Scion Vice President Doug Murtha. “We plan to bring three new products in three years to our showrooms, offering a variety of exciting options for current and new Scion customers.” (more…)

Scion Reveals iM Concept for LA Auto Show

A sign of a hatchback revival?

by on Nov.12, 2014

Scion's iM Concept is likely to reappear in production form in short order.

After teasing us with a shot of the new iM Concept a few weeks back, Scion has pulled the covers entirely off the new model it will be bringing to the Los Angeles Auto Show next week.

It may be a concept in name, but expect to see the Scion iM found a place in the maker’s line-up in the very near future, as part of a new product push designed to rebuild its once-formidable image among young trendsetters.

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And perhaps the most intriguing detail in the news release that accompanied this image is the fact that Scion isn’t trying to come up with a fancy euphemism. Toyota’s youth brand is calling the iM exactly what it is, a “hatchback.”

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SEMA Show Keeps America’s Love Affair with the Automobile Alive

Aftermarket business recovering after big recession hit.

by on Nov.10, 2014

Open wide: Toyota's "Sleeper Camry."

It looks like an ordinary, 2015 Toyota Camry, but lift the hood and you’re in for quite a surprise.

Actually, you have to raise the entire body of the “Sleeper Camry” sedan, which Toyota quietly transformed into an 850-horsepower drag racer. It’s just one of the wild, weird and wacky concept vehicles unveiled at the 2014 Specialty Equipment Marketers Association annual aftermarket convention, an event known to fans around the world as the SEMA Show.

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There’s been plenty written about the supposed death of the American love affair with the automobile. You’d have a hard time proving it at the Las Vegas convention center, which hosts what has become Sin City’s second-largest annual event, this year expected to draw as many as 140,000 attendees.

Scion Goes Heavy Metal at SEMA

Thrash band Slayer sets the tone for brand’s Tuner Challenge.

by on Nov.07, 2014

Slayer Guitarist Kerry King helps kick off the Scion Tuner Challenge at the Scion SEMA stand

It was a heavy metal scene at the Scion booth as Toyota’s sporty youth brand revealed the winners of its 10th annual Scion Tuner Challenge during the SEMA Show in Las Vegas.

The tone was actually more than a bit retro, members of the 1980s thrash band Slayer firing up the amps they built into their entry, the Slayer tC to get the audience worked up in anticipation. But it was the Speedhunters FR-S that took home the grand prize, a $10,000 check.

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“Speedhunters presented an FR-S that was not only creative and labor-intensive, but stood out to the judges as something fans would love to see at the SEMA show,” proclaimed Landy Joe, Scion auto shows and special events manager, as he revealed the winner. “Each team took the Scion FR-S Series 1.0 to new heights and proved that just about anything is possible when it comes to this vehicle.” (more…)

Toyota Beats Earnings Estimates on Strong Sales

Maker ups forecast for the rest of the fiscal year.

by on Nov.05, 2014

Toyota reports quarterly profits of $4.2 billion: an increase of 12.6%.

With its sales on track to remain number one in the industry, Toyota Motor Co. saw its worldwide net income jump 12.6% for the first half of the fiscal year, to $10.9 billion, while income for the July to September quarter rose to $4.2 billion, exceeding industry analysts’ expectations.

The maker credited several factors, including strong demand for its vehicles in most markets, though it did see some declines in the home Japanese market and some other parts of Asia. The weak yen also contributed to the maker’s performance during the second quarter of the year – as it did for Japanese rivals Nissan and Honda.

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Toyota said it now anticipates net income for the full fiscal year ending next March 31 to reach $19.2 billion, though sales dip slightly. (more…)

Toyota Delivers a SEMA Surprise

New Camry transformed into a dragster.

by on Nov.04, 2014

Not your average Camry...this 600 horsepower beast caught a few folks napping during the SEMA show.

You can always expect a few surprises at SEMA, and not always where you expect them. Take Toyota, which rolled out a dozen or so custom cars, trucks and concept vehicles for the annual automotive extravaganza known as the SEMA Show.

But the maker saved the best for last – though it didn’t seem that way initially, for under the tarp was what looked like just a stock 2015 Camry. But as the engine kicked over, it was clear this wasn’t quite the same XSE sedan you can find at your local Toyota showroom.

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That became even more apparent when the maker offered to raise the hood – and the entire body of rose up. Developed by TRD, Toyota’s racing arm, what’s been dubbed the “Sleeper Camry” will be making a menacing debut on the drag racing circuit next year. (more…)

Scion Teases New Concept for LA Auto Show

Youth-oriented brand looks to recapture lost audience.

by on Oct.22, 2014

Scion is bringing a new concept to the L.A. Auto Show next month and this is just a small peek at it.

Looking to rebuild its once formidable image among younger buyers, Scion is planning to roll out an assortment of new models over the next few years, and we’ll be getting a sense of what’s to come at next month’s Los Angeles Motor Show.

What exactly it has in store, Scion isn’t saying, but it’s giving a bit of a hint with two closely cropped teaser images of what apparently will be called the new iM Concept car.

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“The iM Concept car reflects the evolution of Scion as the needs and desires of its youthful customers also evolve,” says a terse statement from Scion. (more…)

Takata Airbag Problem Engulfs Toyota

Latest recall pushes maker’s total over 2 million vehicles.

by on Oct.20, 2014

Toyota recalled the 2003-2005 Sequoia as part of an action involving 247,000 vehicles using Takata airbags.

Takata’s defective airbags forced another automaker to recall additional vehicles today as Toyota announced it is recalling 247,000 vehicles with airbags that may rupture. The Japanese maker has already recalled more than 2.2 million vehicles for faulty Takata inflators.

This action follows a series of recalls by several automakers that used Takata’s airbags in their vehicles, including Chrysler, General Motors, Ford, Honda, BMW and others. In all, more than 16.5 million vehicles have been recalled since 2008 due to the faulty airbags, according to Bloomberg News.

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Toyota is recalling the 2002-05 Lexus SC, 2002-05 Toyota Sequoia, 2003-05 Toyota Tundra and 2003-05 Corolla and Corolla Matrix. (more…)

GM Slides to 3rd as VW Nabs 2nd Spot in Global Sales

Toyota firmly in the lead.

by on Oct.16, 2014

Vehicles like the new Golf "family" have helped Volkswagen grow sales worldwide.

For three-quarters of a century the world’s best-selling carmaker, General Motors has slipped another notch down the automotive ladder, Volkswagen AG pushing past to become number two in the industry pecking order.

With the first nine months of the year behind it, the German maker sold 7.4 million passenger vehicles compared to 7.37 million for GM. Though it hasn’t reported its numbers for the first three quarters yet, Japanese giant Toyota Motor Co. is expected to maintain its hold on the industry’s number one spot.

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Industry analysts say the real race, going forward, is likely to be between Toyota and VW, the German automaker laying out an aggressive expansion program it hopes will let it become king-of-the-automotive-hill before the end of the decade.

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First Drive: 2015 Toyota Camry

The midsize market’s 800-lb gorilla gets an unexpected thorough makeover.

by on Oct.15, 2014

The 2015 Toyota Camry is full of surprises, including the fact that it got a top-down makeover just three short years after the last generation's introduction.

We live in an era of individuality. Whether it’s cellphones or sedans, Americans want products that reflect their individual tastes and needs. That’s especially true in the auto industry where buyers can choose from hundreds of different offerings and even a luxury brand like Mercedes-Benz has promised to deliver 30 new models by the end of the decade.

Yet a few key products routinely defy this trend, none more effectively than the venerable Toyota Camry which in 2013 generated about 408,000 sales in the U.S. alone, with the Japanese maker expecting that to reach 415,000 this year. When you’re clear and away the industry’s best-seller, why change your formula?

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And for the past three decades, Camry has, indeed, changed relatively little – which is why Toyota delivered such a shock when it unveiled the updated 2015 Camry earlier this year. Introduced barely three years after the last full model update, we might have expected only the most modest revisions, perhaps a new fascia and some tweaks to the interior. Instead, Toyota has changed nearly every single body panel and heavily reworked the cabin. (more…)