latest news

You are here

Feb. 01&;THE NATIONAL ECONOMY REMAINS SLUGGISH &; but don&;t tell the auto industry.

Toyota said net profit came to ¥99.9 billion, or $1.1 billion, in the three months through December, a 23.5 percent increase from a year earlier, when the effects of Japan’s tsunami disaster still weighed on its business.
Sales for the quarter climbed 26 percent from a year earlier to ¥16.2 trillion, helped by an almost 50 percent surge in sales of the company’s fuel-efficient vehicles in the United States. Meanwhile, cost reductions at an automaker already known for its lean production saved the company ¥320.0 billion during the quarter, Toyota said in a statement.

MONTREAL ? Four cylinders have replaced six in the new Land Rover Range Rover LR2 sport-utility vehicle.
That might seem a mistake in anything wearing a Land Rover badge. “Land Rover,” after all, is just another way of saying tough, rugged, go-anywhere. “Four-cylinder” usually translates to pavement wimp.
But times are changing, even for Land Rover, which is also perhaps the most luxury-oriented of SUV manufacturers. The turnabout is caused by government regulation and the profitable application of science.

Feb. 01&;Toyota, Ford and Honda ranked highest in a consumer survey of brand perception by Consumer Reports, and Tesla &; the Palo Alto-based maker of electric cars &; made the Top 10.



Global Automakers represents the unique interests of international motor vehicle manufacturers and original equipment suppliers in the United States. We work with industry leaders, legislators, regulators, and other stakeholders to create public policy that improves motor vehicle safety, encourages technological innovation and protects our planet.