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Increased Showroom Activity Points to Strong March Sales for Toyota
TORRANCE, Calif. (March 25, 2014) – Toyota Motor Sales (TMS), USA, Inc. recorded its best non-holiday sales weekend of the year with sales of nearly 20,000 units. This is a 12 percent volume increase when compared to the same weekend last year (March 22-23, 2013). Additionally, this weekend outsold the three-day Martin Luther King, Jr. holiday weekend in January.
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Landfill Gas to Build Cars and a Greener Community
GEORGETOWN, Ky. (MARCH, 24 2014) – Can a car company be a vehicle for change? Toyota thinks so. The Kentucky plant that manufactures some of the greenest cars on the road, including two hybrid models, will soon be powered in part by green electricity.
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Toyota Financial Services (TFS) Issues Auto Industry’s First-Ever Asset-Backed Green Bond
TORRANCE, Calif., (March 24, 2014) – Toyota Financial Services (TFS) issued the auto industry’s first-ever Asset-Backed Green Bond in the amount of $1.75 billion. The offering was upsized from $1.25 billion to accommodate demand as institutional investors demonstrated strong interest in this inaugural clean transportation investment opportunity. The Green Bond is the newest component of TFS’ broad-ranging funding program and serves to enhance Toyota’s already extensive green commitment.
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Consumers to Test Ultra-compact ‘i-Road’ EV in Tokyo
Tokyo, Japan, March 20, 2014 --Toyota Motor Corporation announces the start of consumer trials of the “i-Road” personal mobility vehicle in the Greater Tokyo Area. The limited trials, which aim to gauge the effectiveness of the electric vehicle in everyday situations in urban areas, will run from March 24 through early June.
Read MoreToyota Enters Agreement with U.S. Attorney’s Office Related to 2009-2010 Recalls
NEW YORK, NY, March 19, 2014 – Today, Toyota announced that it reached an agreement with the U.S. Attorney’s Office for the Southern District of New York to resolve its investigation initiated in February 2010 into the communications and decision-making processes related to the company’s 2009-2010 recalls to address potential “sticking” accelerator pedals and floor mat entrapment. As part of the agreement, Toyota will make a payment totaling $1.2 billion.
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