Toyota exec resigns after drug arrest

Toyota’s top female executive resigns after arrest in Japan TOKYO — Julie Hamp, Toyota’s most senior female executive, has resigned following her arrest in Japan on suspicion of drug law violations, the automaker said Wednesday. Hamp tendered her resignation through her attorneys on Tuesday, and Toyota Motor Corp. accepted it because of “the concerns and […]

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  • Lexus reveals hoverboard

    You can’t be Marty McFly just yet. Lexus revealed on Tuesday a Lexus hoverboard teaser that included a real-life functional hoverboard very similar to the one that Marty McFly used in 1989’s “Back to the Future Part II.” But Lexus has since made clear that it is not planning to make or market a hoverboard. […]

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  • US auto sales in June hit 7-year high

    Sales of new automobiles in the United States in June hit a 7-year high for the month. Research firm Autodata said on Tuesday that the sales stood at 1.43 million units, up 1.2 percent from a year before, amid the country’s continued economic recovery. The latest figure offset concerns that a series of recalls by […]

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  • Toyota recalls 520 thousand vehicles

    Japanese auto firm Toyota has recalled about 520-thousand vehicles mainly sold in North America. Toyota officials announced on Thursday that those vehicles include Sienna minivans sold between the 2004 and 2011 model years. The officials say corrosion could cause the spare tire carrier to break and the tire to detach. They also say faulty seat […]

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  • Toyota sold over 10-mill. units in FY 2013

    Toyota Motor’s global sales hit a record high, topping 10-million units in the fiscal year that ended in March. Toyota executives say the group, including Daihatsu Motor and Hino Motors, moved 10.13-million vehicles. That’s up 4-and-a-half percent from the previous fiscal year. A surge in domestic purchases before the consumption tax hike on April 1st […]

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  • How Google’s Self-Driving Car Transforms Travel

    No driver, no brakes, no problem? Not so fast. Google’s fully autonomous self-driving car could be sharing the road with human drivers in California within the next couple of years, according to a post on the company’s blog. However, California’s Department of Motor Vehicles must first write the rules of the road for driverless cars. […]

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  • Toyota Turkey increases exports by 116%

    Toyota Motor Manufacturing Turkey exported 116 percent more road vehicles in the first half of the year compared to the same period in 2013, the Turkish Automotive Manufacturers’ Association said on Monday. The company exported more than 61,000 vehicles from its Turkey-based factory during the first half of the year, which made Toyota the third […]

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  • Toyota to sell fuel-cell cars at about $70,000

    Toyota officials want to take the lead in the market for eco-friendly vehicles. They plan to start selling fuel-cell cars at about 70-thousand dollars each by next March. Fuel-cell cars run on electricity produced by the chemical reaction of hydrogen and oxygen. That means they do not produce carbon dioxide. Toyota started leasing such cars […]

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  • Japan automakers to co-develop clean engines

    Japanese carmakers are joining hands to develop basic technology for eco-friendly engines so they can better compete with foreign rivals. Officials from 8 automakers, including Toyota and Nissan, and a research institute established by the auto industry launched a joint research group on Monday. They aim to boost the fuel efficiency of gasoline engines and […]

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