toyota motor corp (TOYOF) Key Developments
Toyota Motor Corporation Launches its 2015 Avensis in the United Kingdom in June
May 18 15
Toyota Motor Corporation is launching its 2015 Avensis in the United Kingdom in June. The model is available to order now and will be priced from GBP 17,765. It is available in Active, Business Edition, Business Edition+ and Excel. The vehicle features a front end with new LED headlights, front bumper and bonnet and a chrome bar running across the front and rear with new LED headlights. It is available with a choice of two diesel engines, a new 1.6-litre D-4D and a 2.0-litre D-4D - both sourced from BMW.
Toyota Provides Legal Suit Update on High-Speed Crash in St. Paul
May 15 15
Hilliard Munoz Gonzales LLP announced that five years after a lawsuit was filed and 2 months after a Minnesota jury determined that Toyota must pay $10.9 million in damages for a high-speed crash in St. Paul that cost the lives of three people and sent a man to prison, Toyota is now attempting to argue for the first time that the trial court lacked jurisdiction over the matter. In a recent filing with the Court, Toyota argues that Mr. Lee and his family members who were in the vehicle with him on the day of the crash are not entitled to sue Toyota in federal court because they were not Minnesota citizens at the time their lawsuit was filed. The Lees were Hmong refugees who came to the United States in 2005 after feeling from political persecution. Each of the Lees applied for and became naturalized United States citizens.
Toyota Motor Corporation and Mazda Motor Corporation Enter an Agreement to Build a Mutually Beneficial Long Term Partnership
May 13 15
Toyota Motor Corporation and Mazda Motor Corporation entered an agreement to build a mutually beneficial long term partnership. By leveraging the resources of both companies to complement and enhance each other's products and technologies, the partnership will result in more appealing cars that meet the diverse needs and tastes of customers all over the world. A joint committee will now be set up to evaluate how best to utilize each company's respective strengths. The committee will encourage broad and meaningful collaboration across a range of fields, including environmental and advanced safety technologies.
Toyota Motor Corporation Introduces New Camry in Australia
May 11 15
Toyota Motor Corporation has introduced its new Camry in Australia. The model is priced from AUD 26,400. It is available in four trim levels, Altise, Atara S, Atara SL and the Atara SX. The vehicle is equipped with a 2.5-litre four-cylinder petrol engine that delivers 133kW in Altise, 135kW in Atara, and a 2.5-litre four-cylinder petrol-electric hybrid engine that generates 151Kw.
Toyota Motor Corporation Launches New Diesel Engines at 36th International Vienna Motor Symposium
May 11 15
Toyota Motor Corporation has launched its all-new diesel engines at the 36th International Vienna Motor Symposium in Austria. The four-cylinder engines will be available in two sizes, 2.8-litre and 2.4-litre, codenamed 1GD-FTV and 2GD-FTV respectively. The new GD range of engines will replace the existing engines called 1KD-FTV in 3.0-litre and 2KD-FTV is 2.5-litre engine. It features common-rail fuel injection, variable geometry turbo and intercooler. The 1GD 2.8-litre engine delivers 177bhp, while the 1KD 3.0-litre generates 171bhp and 360Nm. Both engines will be equipped in the eighth-generation Hilux pickup.