Toyota production affected by steel shortage

January 31, 2016 0

Toyota may soon be forced to significantly slow the company’s vehicle production in Japan, a result of an explosion at one of its steel suppliers’ factories. The explosion took place at an Aichi Steel plant in central Japan January 8. Since then, steel supplying Toyota’s Japanese factories has been … read more

Driver watches porn, loses control in fatal crash

January 31, 2016 0

Pornography has been cited in the distracted-driving death of a Michigan resident involved in a single-car crash.
The 58-year-old was allegedly watching an adult film on his cellphone while attempting to simultaneously drive and masturbate, Michigan State Police told local news outlet Fox2.
Wearing … read more

Daihatsu becomes wholly-owned Toyota subsidiary

January 31, 2016 0

Toyota has fully acquired subsidiary Daihatsu, setting the stage for deeper collaboration between both companies.
Claimed to be Japan’s oldest automaker, Daihatsu is already majority owned by Toyota. The latter company will acquire the remaining minority stake in a share exchange, expected to be worth … read more

Toyota, crimped by steel shortage, may suspend Japan output

January 31, 2016 0

TOKYO (Reuters) — Toyota Motor Corp. said it may halt production at its plants in Japan early next month due to a steel shortage, following an explosion at a steel plant operated by one of its affiliates.
The blast at an Aichi Steel plant has curbed production of steel parts, which may impact output … read more

BLOG: Nissan claims win in Europe, but Toyota had more sales

January 31, 2016 0

Nissan claims it achieved its goal of becoming the No. 1 Asian automaker in Europe by outselling Toyota last year.
The problem is that Nissan says it sold 715,623 vehicles in Europe last year, which is well below the 810,085 vehicles Toyota says it sold in Europe.
So which automaker won? It depends … read more

Lexus Confirms RC F GT3 Racing Plans

January 31, 2016 0

The Lexus RC F GT3 is going racing in the IMSA WeatherTech SportsCar Championship.
The Japanese luxury automaker confirmed its plans to compete in the GT Daytona (GTD) class race series through the 2018 season.
In addition, the new F Performance Racing organization has its newest driver, Sage Karam. … read more

Poll: Lexus NX or Mercedes-Benz GLC?

January 31, 2016 0

Compact luxury-crossovers are BIG business these days and two of the movers and shakers in this fast-growing segment are the Lexus NX and Mercedes-Benz GLC.
But which of these machines would YOU rather own? Well, you can compare them directly right here, but here’s a quick breakdown of what they have … read more

Chevrolet Cruze facelift launched at Rs 14.68 lakh

January 31, 2016 0

Chevrolet has launched the Cruze facelift with prices starting at Rs 14.68 lakh (ex-showroom, Delhi) for the base LT variant. The facelifted model gets minor updates to styling and also added equipment. The facelifted Cruze gets a revised grille with horizontal chrome slats, a redesigned front bumper … read more

Toyota agrees to make Daihatsu a fully owned subsidiary

January 30, 2016 0

At a press conference today, Toyota has confirmed that it will purchasing the remaining portion of Daihatsu that it doesn’t already own.
Toyota will acquire the remainder of Daihatsu for around $4.6 billion in an all-stock transaction, with Toyota offering 0.26 of its shares for every share of Daihatsu.
If … read more

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