Toyota Posts Profit In April-to-june Quarter

Toyota posts profit in April-to-June quarter

Toyota Motor has managed to weather the global financial downturn of the coronavirus pandemic, posting a profit in the latest quarter.

The automaker's earnings report shows the group stayed in the black for the April-to-June period, despite recording a 40-percent decline in sales from a year earlier in yen terms.

Lightweight Lexus Rc F Drifter Rocks A Toyota 2jz Engine With 1,200 Hp!

Lightweight Lexus RC F Drifter Rocks A Toyota 2JZ Engine With 1,200 HP!

Delayed by the coronavirus pandemic, the development of the new Lexus RC F drift car has now been completed. The impressive machine has little in common with the street-legal RC F and is the work of Al-Futtaim Lexus, the official distributor in the United Arab Emirates, and drift star Ahmad Daham.

Toyota Announces Recall Of Over 700,000 Prius Vehicles Over Software Flaw

Toyota Announces Recall Of Over 700,000 Prius Vehicles Over Software Flaw

Unfortunately, the inclusion of technology means that there are more issues to deal with, so much so that Toyota has announced that they have begun to recall over 700,000 Prius and Prius V vehicles around the world due to a software flaw. This includes 267,000 vehicles in the US alone.

According to Toyota, “The involved vehicles were designed to enter a failsafe driving mode in response to certain hybrid system faults. Toyota has found that in rare situations, the vehicle may not enter a failsafe driving mode as intended. If this occurs, the vehicle could lose power and stall.  While power steering and braking would remain operational, a vehicle stall while driving at higher speeds could increase the risk of a crash.”

Toyota 4runner Vs Toyota Land Cruiser Vs Toyota Rav4 Trd Off-road Suspension Flex Test

Toyota 4Runner vs Toyota Land Cruiser vs Toyota RAV4 TRD Off-Road Suspension Flex Test

As I sit down to write this, it's dawning on me that I have owned all three of these vehicles at one point or another. The Toyota 4Runner TRD Off-Road is the one that currently shades my driveway. You've seen it before. Twice.

But I actually brought my wife and newborn daughter home from the hospital in a 1996 Toyota RAV4, a four-door model with a manual transmission, lockable center differential and a Torsen rear differential. It may have looked like a hiking boot, but it handled like a rally car on my dirt road commute, which was so utterly deserted I could fully exploit the route's numerous corners and float over its perfectly-shaped jump.

Toyota Yaris, The U.s. Mazda-based Version, Is Being Killed Off

Toyota Yaris, the U.S. Mazda-based version, is being killed off

The outlet Tire Meets Road spotted a leaked document from Toyota on Reddit, sent to the automaker's dealers and general managers in the Southwest region. According to the memo from Toyota's western comms manager, "The Yaris sedan and Yaris Hatchback will not be available for model year 2021. Model year 2020 will be the last year for Yaris. June 2020 will be the last month of production for the Yaris sedan and Yaris Hatchback for the US." Reddit deleted the document, but when AutoWise reached out to Toyota, the same comms manager confirmed the information to the site. And just for good measure, when CarBuzz reached out to Toyota, the response was, "The Yaris sedan and Yaris Hatchback will not be available for model year 2021. Model year 2020 will be the last year for Yaris in the U.S."

So ends a 15-year run in the U.S. of what has, at times, been one of America's spunkiest hatchbacks. In our review of the 2019 Mazda2-based sedan, we called it slow but "pretty entertaining to drive," one of the "better-looking cars in this diminutive class," and were surprised "at how grown up it feels." Such accolades haven't been enough to convince the buying public; since 2008, when shoppers took home 102,328 Yaris models, the Yaris has posted steep declines in all but three years. A burst of sales in 2017, after Toyota absorbed Scion and turned the Mazda2-based Scion iA into the Yaris iA, fell back into substantial declines in 2018 and 2019. Last year, the Yaris hatch and sedan sold a combined 21,916 units. The Honda Fit did 35,414 sales, the Hyundai Accent 25,628. 

Toyota Has A Stake In Uber, Among Other Companies

Toyota has a stake in Uber, among other companies

TOKYO — Toyota holds a $293 million stake in Uber, as it partners with the ride-hailing company to further expand into new mobility services, Toyota's latest corporate governance report released on Wednesday showed.

The Japanese automaker has also unloaded shares in some of its suppliers, adjusting its portfolio to reflect partnerships with rival automakers and technology firms as it transforms into a mobility services company, the report showed.