Don’t be surprised if you start seeing some new advertisements from Toyota Motors. If you do, this is perhaps the advertising mediums aimed at enticing people to avail of the “Cash for Clunkers” program. Under the Toyota wing, there are 25 models that are said to qualify for rebates ranging from $3,500 to $4,500.

The program will start today until November 1 or until they last. All Toyota and Scion passenger cars and most Toyota trucks, vans and SUVs are eligible for government incentives under the program. In addition, some Lexus models also qualify.

For the interested parties, you can check out the Toyota website to see the complete list of qualifying models. You can also make the necessary computations for what car you are trading in versus the Toyota model you plan on buying or leasing.

(Source) Press

Tags: advertisements, advertising mediums, complete list, computations, government incentives, interested parties, leasing source, Lexus, lexus models, november 1, passenger cars, rebates, Scion, suvs, Toyota, toyota motors, toyota website, vans

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Toyota Motors Europe plans to start manufacturing its first European built hybrid Auris in the United Kingdom by the middle of this year. This further solidifies Toyota’s continued commitment to low-emission hybrid vehicles following their success with the famed Toyota Prius.

The Toyota Auris actually came out to the European Market in 2007 and has been decently selling to the market. However under the new plan, the new Toyota Auris will now come equipped with a 1.33-litre dual VVT-i engine and Toyota’s Start&Stop technology, reducing CO2 emissions by 17% (135 g/km) and improving fuel consumption by 19%.

‘With today’s announcement, Toyota has taken a significant step forward in ensuring that full hybrids become more accessible to a wider range of customers. Such efforts are crucial if we are to see more low-carbon vehicles on European roads,’ said Tadashi Arashima, CEO and President, TME.

(Source) Press

Tags: european roads, fuel consumption, hybrid vehicles, hybrids, motors europe, new toyota auris, reducing co2 emissions, stop technology, tadashi, tme, Toyota, toyota motors, toyota prius, united kingdom, vvt

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Toyota Motors USA has given $1 Million worth of scholarships to chosen students, a move that is pretty much welcome particularly for the ones who cannot afford college today. This help is quite a big boost for students who are aspiring and aching to get a good education yet find an obstacle as far as financial support to do so due to a lot of factors.

“In these tough economic times, it is particularly rewarding to see these students having such a tremendous impact in their communities,” said Michael Rouse, TMS vice president of philanthropy and community affairs. “They are stellar examples of service and commitment and remind us all what’s really important.”

88 students were chosen from a pool of over 8,000 students who were nominated by their school for eligibility for this award. The criteria was based on students who were proven leaders both in the classroom and in their communities.

(Source) Press

Tags: 1 million, community affairs, economic times, good education, obstacle, philanthropy, scholarships, Toyota, toyota motors

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If you think the Honda Insight is the only thing that is making Honda hot these days, check the studies and records. It seems that Honda has scored another feather to its cap by being the preferred Supplier Working Relations.

Since 2002, Toyota has been lording it over as the best in the automaker circle. But apparently, Honda has been busy working on all aspects of its operation, including supplier working relations which is probably the reason for overtaking Toyota Motors this time around.

“Toyota supplier relations have lost significant ground in the last two years and it has slipped out of first place in our Study – a position it held since we started measuring the supplier working relations of the six automakers in 2002 with our Working Relations Index. Suppliers suggest a potential reason for this drop is a younger, less experienced staff in Toyota’s purchasing group for whom the ‘Toyota Way’ is not yet the way of doing things.”

Is Toyota slipping or are they just playing it safe? Remember, Toyota reported a first ever loss earlier this year and it seems that their fortunes are falling one after another. What could possibly be next?

(Source) Press

Tags: automakers, fortunes, Honda, honda insight, preferred supplier, purchasing group, Toyota, toyota motors, toyota way

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Toyota Motors continues its nosedive sales reports and is expecting worst thing to come. With dozens of factories unused, the global downturn is making life easier for the Japan-based car manufacturer, comparing profitable years with a large loss of $6.9 billion in the final quarter.

The world’s biggest automaker reported a January-March operating loss of 682.5 billion yen ($6.9 billion), versus a 396.7 billion yen profit a year earlier but in line with a consensus estimate for a loss of 689 billion yen in a survey of 21 analysts polled by Thomson Reuters.

The global economic downturn that has battered demand for cars and pushed U.S. rival Chrysler [CBS.UL] into bankruptcy has hit Toyota badly as it went from rapid expansion to overcapacity almost overnight.

Toyota posted its first-ever consolidated operating loss last year after a record profit the year before.

(Source) Reuters

Tags: automaker, Bankruptcy, car manufacturer, cbs, Chrysler, consensus estimate, dozens, economic downturn, factories, global downturn, Japan, overcapacity, rapid expansion, record profit, reuters, thomson, Toyota, toyota motors, yen

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After the successful debut of the Toyota Prius, it looks like Toyota Motors is taking it to the next level as it is reportedly planning the car of the future using bioplastic materials made from seaweed.

Named the 1/X (pronounced 1-x’th) after the fraction of its carbon footprint compared to other vehicles, the hybrid is greener than others not only because of it gas mileage: Compared to standard petroleum-based plastic, bioplastic allegedly produces up to 60 percent less carbon dioxide and uses about 30 percent less energy as well.

Toyota plans on presenting their 1/X concept car at the Melbourne Motor Show on Feb. 28, even though it could be another 15 years until this seaweed car actually makes it to production.

(Source) Wired

Tags: bioplastic, carbon dioxide, concept car, gas mileage, hybrid, melbourne motor show, petroleum, seaweed, Toyota, toyota motors, toyota prius

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