‘When the Toyota 2000 GT was built, I was eleven years old – and I loved it. I said: “I want to drive something like this when I grow up”. My dream came true when I drove a 2000 GT in a vintage car rally. That was a really great experience.
I want young people to feel those same desires when they see a new Toyota sports car. I want to transfer the thrill of the race track to our vehicles, and make driving fun and exciting for our customers.’
TESLA MOTORS, INC. (Tesla) and TOYOTA MOTOR CORPORATION (TMC) today announced that they intend to cooperate on the development of electric vehicles, parts, and production system and engineering support.
The two companies intend to form a team of specialists to further those efforts. TMC has agreed to purchase $50 million of Tesla’s common stock issued in a private placement to close immediately subsequent to the closing of Tesla’s currently planned initial public offering.
“I sensed the great potential of Tesla’s technology and was impressed by its dedication to monozukuri (Toyota’s approach to manufacturing),” said TMC President Akio Toyoda. “Through this partnership, by working together with a venture business such as Tesla, Toyota would like to learn from the challenging spirit, quick decision-making, and flexibility that Tesla has. Decades ago, Toyota was also born as a venture business. By partnering with Tesla, my hope is that all Toyota employees will recall that ‘venture business spirit,’ and take on the challenges of the future.” Read the rest of this entry »
Toyota Motor Europe announced today the recall of 8 Toyota models in Europe, to solve a potential accelerator pedal issue. The involved models and production periods are as follows:
AYGO (Feb 2005 – Aug 2009)
iQ (Nov 2008 – Nov 2009)
Yaris (Nov 2005 – Sep 2009)
Auris (Oct 2006 – 5 Jan 2010)
Corolla (Oct 2006 – Dec 2009)
Verso (Feb 2009 – 5 Jan 2010)
Avensis (Nov 2008 – Dec 2009)
RAV4 (Nov 2005 – Nov 2009)
The precise number of involved units is still under investigation, but may reach up to 1.8 million vehicles. No Lexus models and no other Toyota models are affected.
“Toyota’s policy is to put its customers first, in all circumstances”, said Tadashi Arashima, President and CEO of Toyota Motor Europe. “We understand that the current situation is creating concerns, and we deeply regret it. We would also like to reassure customers: the potential accelerator pedal issue only occurs in very rare circumstances. The announced action is a preventive measure aimed to guarantee the highest safety standards to all customers.”
For subject vehicles, there is a possibility that certain accelerator pedal mechanisms may, in rare instances, mechanically stick in a partially depressed position or return slowly to the idle position. Read the rest of this entry »
With a heritage reaching back almost 60 years and with five million customers in 176 countries around the world, the Toyota Land Cruiser has become an icon of the 4WD market, its name synonymous with Toyota’s core values of quality, durability and reliability.
That peerless pedigree provides the platform for the debut of a new generation Land Cruiser at the Frankfurt motor show, a model that goes further than ever before to deliver true go-anywhere toughness and on-road driving poise. Read the rest of this entry »
Euro NCAP, the organisation that assesses the safety of new cars, today releases the results for eight new cars. Seven cars in this line-up received Euro NCAP’s maximum five star award, whilst one car, the Citroen C3, received a four star result. Two of this month’s top-scorers are amongst the car industry’s most fuelefficient vehicles: the Honda Insight and Toyota Prius 3.
The latest results for the Insight and the Prius 3 show that good fuel economy need not stand in the way of a high level of safety performance. Euro NCAP in particular commends these hybrid vehicles for their impressive pedestrian scores that not only fulfil Euro NCAP’s current five star requirements, but already meet the organisation’s challenging 2012 targets. Pedestrian protection is an area that has long been underprioritised by carmakers. Last year barely 25% of the cars tested achieved more than two stars for pedestrian protection. However with the introduction of a new regulation in Europe this year and a stronger focus maintained by Euro NCAP, the tide is quickly turning. Read the rest of this entry »
Aston Martin has developed a new luxury commuter concept; the ‘Cygnet’ which will offer customers a distinctive, intelligent and exclusive solution for urban travel in style and luxury.
The concept will offer Aston Martin trademark design in a commuter car package based on the critically acclaimed Toyota iQ with a Euro NCAP 5-star safety package.
The ‘Cygnet’ concept represents a creative, environmentally conscious solution, being small, yet with presence – and highly fuel efficient, now combined with the prestige of Aston Martin’s luxury brand ownership. Read the rest of this entry »
Toyota has developed a world first rear-seat centre airbag to help reduce the severity of passenger injuries in side-on collisions.
The new Supplemental Restraint System (SRS) airbag is fitted in a large, fixed, rear-seat centre console and will feature in particular Toyota models to be released in the near future. Read the rest of this entry »
The new Toyota Verso is a no-compromise choice for compact MPV customers. It is true to what the term MPV stands for – a multi-purpose vehicle – but doesn’t ask the motorist to make sacrifices where style, comfort, quality and driving pleasure are concerned. Combining practicality and safety with desirability, new Verso will appeal to customers who want and expect more than just a functional car. Read the rest of this entry »