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Toyoda says company is ‘grasping for salvation', fears big sales loss
Fri, 02 Oct 2009Toyota Motor Corp. President Akio Toyoda said his money-losing automaker is “grasping for salvation” as it struggles to return to profit. The world's largest car company was once targeting annual sales of 10 million vehicles but now expects sales of 7.3 million this year, down from 8.97 million in 2008, Toyoda said today at a news conference.
Lotus Evora – first customer car delivered
Wed, 02 Sep 2009The keys are handed over for the first Lotus Evora customer car But it would appear that Lotus have little to worry about. Evoras are now running down the production line and will be up to full production levels by November. Lotus has an order book that fills the next five months already, and they’ve taken on 150 extra workers to cope with demand.
Toyota GT86 TRD Griffon makes its debut at Goodwood (video)
Mon, 15 Jul 2013The Toyota GT86 TRD Griffon 9Pictured) made its debut at Goodwood this weekend We’re still waiting for Toyota to make a more powerful version of the GT86 (and Subaru the BRZ), but we are starting to get more focused versions. We’ve already seen the GT86 TRD – developed by Toyota Racing development – as a road car limited edition, and last month we learnt that Toyota were going to debut a track version – the GT86 TRD Griffon – and that it would arrive at Goodwood. Now the Griffon has arrived looking immensely purposeful with its wings and diffuser and carbon fibre for the roof, doors, bonnet and boot and some severe fettling of the oily stuff with upgraded brakes, new alloys, mechanical limited slip diff and stiffer suspension.