Toyota has confirmed that it will be boosting production of its V6 engines at its Huntsville, Ala. engine facility. The move brings an approximate $80 million investment and will bring total plant investment to more than $700 million. Toyota said the move will add 125 new jobs, increasing employment nearly 10 percent to 1,150. “We [...]
Following the unveiling of the new 2012 Camry, Toyota has now announced that pricing for all popular Camry models will be kept lower or the same as 2011 models. “Despite all of the enhancements to the all-new Camry, prices for all popular models have been reduced with dramatic repositioning on SE, XLE and Hybrid models, [...]
In March, sales of the redesigned Toyota Camry reached a strong 42,567 units bringing the first-quarter total to 105,405 units. With that in mind, the mid-sized sedan is well ahead of the pack in the race for the best-selling U.S. car. According to Automotive News, the current sales pace could break the 400,000 unit mark [...]
Toyota will be increasing pricing on some 2012-2013 model year vehicles – the new prices will take effect in May. Prices on the 2012 Tacoma models will rise the most at $250; the Prius v Two, Three and Five hybrids will increase $150 (ranging from $27,310 to $30,900, including a $760 delivery fee); Camry increases will [...]
Kelley Blue Book is one of the oldest and leading provider of new car and used car information – so when they say something, it’s smart to listen. The publication has just announced its 10 Best Sedans Under $25,000. Kelley Blue Book makes a good point that the popular sedan segment is being bombarded with new [...]
According to data compiled by Edmunds.com for USA Today, the Hyundai Elantra now commands a higher price than its Japanese competitor’s compact sedans. The analysis shows that buyers in 2011 paid an average of $19,711 for the Hyundai Elantra sedan, which comes in $1,500 more than the Toyota Corolla and $300 more than the Honda [...]
NHTSA safety regulators have opened a preliminary investigation into complaints of driver side door fires in 2007 model year Toyota Camry and RAV4 models. The National Highway Traffic Safety Administration said an estimated 830,000 vehicles may be affected by the potential recall. The NHTSA said that 6 consumers have complained about the door fires. “Based [...]
After a difficult year last year with disaster in Japan, Toyota is planning to make up for lost time this year, as it was announced at the National Automobile Dealers Association convention that the automaker will be releasing 19 new models in November. Overall, Toyota has given reasonable growth targets to its dealers, along with [...]
Toyota will show a 2012 Camry commercial during the Super Bowl XLVI game on Feb. 5th. The company dropped the extended version for YouTube fans and will be showing a reduced 30 second version of the commercial during the big game. Called ‘Reinvented,’ the commercial gives viewers a humorous take on day-to-day experiences and items [...]
While many automakers in the industry are constantly fighting for the top spots, market domination, or even global domination, Ford Motor Co. is taking a surprisingly different approach with its Fusion model. FoMoCo CEO Alan Mulally may have recently hinted that the Ford is trying to outsell the ever-popular Toyota Camry, but executives say this [...]
