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Toyota aims for a comeback, shuffles execs
Wed, 09 Mar 2011Toyota, unveiling a new business plan to double operating profit by 2015, will remove its head of North America from a downsized board and promote Canada chief Ray Tanguay to be its highest non-Japanese executive. Yoshi Inaba, 65, continues to lead Toyota North America and Toyota Motor Sales U.S.A. while becoming one of 18 directors to lose board seats.
Driving 'too pricey' for the young
Mon, 10 Mar 2014A THIRD of young people say driving is not too expensive and they will not bother to learn to drive or buy a car. A study of 17- to 25-year olds found a third (35%) had decided against driving or owning a car because of the expense involved. Many cited the cost of driving lessons as a disincentive and they also believe it is cheaper to use public transport than own a car themselves.
Peugeot tease new sports saloon concept for Beijing Motor Show
Tue, 28 Jan 2014Lurking under this cover is a new Peugeot Concept for the 2014 Beijing Motor Show Peugeot do good concepts, even if many don’t actually make it in to production. A case in point is the stunning Peugeot Onyx Concept we saw at the Paris Motor Show in 2012, which came with great styling, copper and carbon fibre bodywork, the use of unusual materials like crystal glass and compressed paper and a powertrain that used a 3.7 litre V8 at the back with an electric motor for added green credentials. Peugeot say their latest concept – which will debut at the Beijing Motor Show in April and is teased by the photo above – will use the same sort of innovative materials as the Onyx (which probably means it too will never see production) and preview the future of Peugeot’s styling.