Tausi Insider

Toyota isn’t giving up on its iconic Prius nameplate, yet. An all-new and drastically different looking 2023 Prius hybrid and Prius Prime plug-in hybrid were unveiled at the City Market Social House in California on Wednesday night, ahead of the 2022 Los Angeles Auto Show. “We want to build as many hybrids as we can because the goal is carbon reduction,” said David Christ, group vice president and general manager of Toyota Motor Sales USA, in a one-on-one interview ahead of the unveilings. “Since we started with Prius 25 years ago, we’ve sold 5.5 million hybrids in the U.S. – 20 million globally and that has resulted in 82 million tons of CO2 emissions that have been reduced – that’s the equivalent of 5.5 million all-electric EVs.” David Christ, group vice president and general manager of the Toyota Division at Toyota Motor North America speaks as Japanese automaker Toyota unveils the newly redesigned 2023 Prius prior to the start of the Los Angeles Auto Show in Los Angeles, Californ...

Toyota Motor Corp TOYOF reported on Monday a 1.5% rise in November global vehicle output, reaching a new record of 833,104. Domestic production slid 3.3% to 266,174 vehicles, while overseas output rose 3.8% to an all-time high of 566,930 for the month. Global sales and production in November exceeded last year’s levels due to solid demand, particularly in North America, and a recovery in parts supplies that had been impacted by COVID-19 slowdowns, Toyota said. The automaker reported earlier this month it expected to produce 700,000 vehicles in January and held to a reduced goal of 9.2 million in the year through March. Toyota had previously expected to make 9.7 million autos this fiscal year, but was forced to lower the target in November as it struggles with rising materials costs and a shortage of semiconductors. That’s still ahead of last year’s production of about 8.6 million units. https://www.tausiinsider.com/toyotas-november-global-vehicle-production-rises-1-5-to-record-8...

"I don't want to leave any car lover behind," said Toyota CEO Akio Toyoda speaking at the Tokyo Auto Salon in Chiba, Japan on Friday. To that end, the Japanese automaker is proposing a plan to swap out the engines of existing cars with more environmentally-friendly alternatives — think fuel cells and electric motors. The goal is to speed up a global shift towards eco-friendly vehicles. Bloomberg | Getty Images Akio Toyoda, president of Toyota Motor Corp., left, speaks near an AE86 BEV Concept, center, and an AE86 H2 Concept at the Tokyo Auto Salon in Chiba, Japan, on Friday, Jan. 13, 2023. The Associated Press (AP) reports that Toyoda emphasized that Toyota still has the resources and expertise to remain a dominant player in the green vehicle market. Still, he did acknowledge that it would take a while for all vehicles to be completely emissions-free....