The Toyota Corolla set a new February sales record in Canada, bucking a nationwide trend of consumers fleeing from cars to smaller utility vehicles and pickup trucks.
Overseas automakers have less exposure to changes in NAFTA than the Detroit Three. Honda and Toyota's big concern is the so-called border adjustment tax of 20 per cent that's a key pillar of a Republican tax overhaul plan being considered in the U.S. Congress.
Days before a group of Republican lawmakers were due to discuss their party's controversial proposal to tax all imports, Toyota sent an urgent message to its U.S. dealers -- tell the politicians the tax would seriously hurt car buyers.
Toyota lost its title as the world's best-selling automaker to VW Group, ending the Japanese company's four-year reign, as demand for its flagship Camry sedan waned in the United States and sales in China expanded at a slower pace than the overall market.
Toyota Canada President Larry Hutchinson remains optimistic in the face of mounting pressure on the North American Free Trade Agreement under United States President Donald Trump.
As the industry edges closer to zero-emission vehicles, Toyota Canada is looking to hydrogen-fuel-cell technology as the answer to one day achieving that goal, says CEO Larry Hutchinson.
Most of the latest recalls by 13 manufacturers are for Honda, Toyota and Ford vehicles equipped with potentially lethal airbag inflators.
Toyota, BMW, Daimler, Honda and Hyundai are joining oil and gas giants including Royal Dutch Shell and Total with plans to invest a combined $14 billion in hydrogen-related products within five years.
Ford and Toyota have formed a consortium with automakers including PSA and Mazda to speed development of auto-industry standards for in-vehicle apps, a step toward preventing Apple and Google from controlling how drivers connect smartphones to their cars and trucks.
Toyota plans to open up its powertrain technology to rivals, hoping this will boost sales and speed up the industry's shift to lower-emission vehicles.
Toyota expects its global vehicle sales to rise one per cent to 10.2 million next year as growth in North America, Europe and China prompts a recovery from a one per cent slide in deliveries this year.
Toyota was late to the subcompact crossover party, but it wants to take a big bite out of the segment with the bold design and driving dynamics of its in-your-face C-HR.