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Ford isn’t the only automaker to display a surprisingly strong performance recently. Toyota Motor Corporation posted a surprise profit this week, and said it would be able to cut its predicted losses for the remainder of... more
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Toyota Withdraws from Formula 1
It seems Honda isn’t the only Japanese automaker to leave Formula One. After eight years in the sport, Toyota announced it would officially bow out of F1 at the end of the year.
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Convertible Toyota FT-86 in the Works?
Toyota unveiled its FT-86 rear-wheel-drive sports coupe a few weeks back at the 2009 Tokyo motor show, but the Japanese automaker is reportedly already toying with a convertible version of the two-door.
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Toyota Prius Production Slowed by Parts Shortages
Toyota’s third-generation Prius was released earlier this year and there is substantial demand for the car, including 150,000 backlogged orders because of battery pack and inverter shortages from supplier Panasonic EV Energy.
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