Toyota Issuing Industry’s First-Ever Asset-Backed Green Bond
24 Mar 2014, 16:26 UTC · By: Gabriel Brindusescu / Toyota Financial Services (TFS) just issued the automotive industry’s first-ever Asset-Backed Green Bond in the amount of $1.75 billion, which got upsized from $1.25 billion to accommodate dem...
New Interactive App Gives a Look at Toyota’s Past 75 Years
21 Mar 2014, 13:11 UTC · By: Gabriel Brindusescu / The Toyota company we know today started its activity back in 1933 as a division of Toyoda Automatic Loom Works under the direction of the founder’s son, Kiichiro Toyoda. The new automaker&rsq...
GM Announces New EcoTec Engine Lineup
19 Mar 2014, 14:57 UTC · By: Ciprian Florea / General Motors has announced a new generation of small displacement, EcoTec engines that will be powering its upcoming global vehicles. The new EcoTec lineup will consists of 11 engines and will ...
Toyota With Apple CarPlay - Yes Please, But When?
13 Mar 2014, 20:24 UTC · By: Gabriel Brindusescu / We are pleased to see Toyota recovering and creating cooler cars for the masses, but if there is some thing to complain about is their infotainment system. Yes, the Toyota Touch offers a lot of f...
Toledo Jeep Plant Hiring 1,000 Part-Time Workers
13 Mar 2014, 10:59 UTC · By: Ciprian Florea / Chrysler Group is looking to hire up to 1,000 part-time employees for its Toledo Assembly plant in Ohio. The new workers will keep Jeep Wrangler and Cherokee production moving, while regular employe...
US Public Transit Reaches Highest Rate in 57 Years
12 Mar 2014, 15:33 UTC · By: Ciprian Florea / Americans took a record 10.7 billion trips on public transportation last year, making 2013 the highest transit rideship in 57 years, the American Public Transportation Association announced earlier ...
Nurburgring Finally Sold, Goes to German Company
12 Mar 2014, 10:54 UTC · By: Andrei Tutu / Ladies and gentlemen racers, the Nurburgring has finally found a new owner. The German temple of laptimes has been acquired by Düsseldorf-based Capricorn Development, which managed to come with...
McLaren Pauses 12C Production to Start 650S Offensive
10 Mar 2014, 11:00 UTC · By: Andrei Tutu / When McLaren introduced the 650S at the Geneva Motor Show last week, it became obvious that the 12C will be somewhat left behind. Now we are having the first sign of that, with the British announcin...
Jaguar XK to Get the Axe this Summer
10 Mar 2014, 09:27 UTC · By: Andrei Tutu / When Jaguar introduced the F-Type last year, everybody wondered who would buy an XK anymore. It is now time for an obvious official answer from the British company, which recently announced it will ...
Bugatti's New American Boss Comes From Lotus, Ferrari
27 Feb 2014, 15:10 UTC · By: Andrei Tutu / Bugatti’s American arm has appointed Maurizio Parlato as its new Chief Operating Officer, with the manager having already taking up his new position of February 15. Parlato seems to know hi...
Tesla to Invest Up to $5 Billion into Gigafactory
27 Feb 2014, 10:55 UTC · By: Ciprian Florea / Tesla Motors will directly invest approximately $2 billion in its new Gigafactory, while its partners will pump another $2 to $3 billion into the project through 2020, the Palo Alto-based company re...
Toyota Design Chief Tokuo Fukuichi Named Lexus President
26 Feb 2014, 17:22 UTC · By: Gabriel Brindusescu / Since we talked about Toyota’s future design today, you should know that the man behind some of the automaker’s best designs is Tokuo Fukuichi, lead designer for Toyota, Lexus and Scion....
Lexus Crowned 2014 Top Car Brand by Consumer Reports
26 Feb 2014, 11:33 UTC · By: Gabriel Brindusescu / Consumer Reports released its annual Car Brand Report Cards and Lexus got crowned No.1 for the second year in a row now. Lexus achieved the same industry-topping score of 79 from last year, now b...
Toyota Opening More Jobs and Opportunities in Indonesia
25 Feb 2014, 15:29 UTC · By: Gabriel Brindusescu / Toyota Motor Corporation’s subsidiary in Indonesia, Toyota Motor Manufacturing Indonesia (TMMIN) announced today plans to open a new manufacturing learning center next to its new engine plant ...
Former GM Exec Bob Lutz Named Chairman at VIA Motors
21 Feb 2014, 15:43 UTC · By: Ciprian Florea / Bob Lutz, the former vice president of General Motors, has been named chairman of the board at VIA Motors, the company that’s been putting electric powertrains into Chevrolet trucks, van and S...
Toyota Helping Alabama Residents To Save Energy
20 Feb 2014, 16:58 UTC · By: Gabriel Brindusescu / Thanks to support from the local Toyota plant, Alabama residents can end up with lower energy bills by entering the AlabamaWISE project. Nexus Energy’s AlabamaWISE community energy program ...
Ferrari Sold Fewer Cars in 2013, Hit Record Profit
20 Feb 2014, 15:28 UTC · By: Andrei Tutu / Back in 2012, Ferrari posted record sales, subsequently explaining that it would limit its volume to 7,000 units per year to preserve its exclusivity factor. Well, it seems they’re sticking to...
Porsche CEO Talks Seventh Model, Probably Baby Panamera
20 Feb 2014, 14:49 UTC · By: Andrei Tutu / The rumors about Porsche developing a mid-size offer have been around for quite a while and now Porsche CEO Matthias Müller has admitted that the company is well into the plans for adding a sev...
Tesla Sales 6,892 EVs in 4th Quarter, Reports $74 Million loss in 2013
20 Feb 2014, 08:57 UTC · By: Ciprian Florea / Tesla Motors has delivered a total of 6,893 Model S all-electric sedan in the fourth quarter of 2013 for a GAAP net loss of $16 million. This means the Palo Alto-based manufacturer sold 22,477 vehic...
Ford Rumored to Relocate Fiesta Production from Germany to Romania
19 Feb 2014, 11:00 UTC · By: Andrei Tutu / As some of you know, Ford is experiencing financial difficulties regarding its European operations, with the carmaker’s production sites having to compete against each other for survival. T...