Alongside the EV concept from GAC-Toyota, FAW-Toyota put on display in Shanghai its first Ranz model, an all-electric sedan derived from the ninth-gen Corolla. The production version of the Ranz EV is to be launched in 2014. As no spec sheet is given and its interior is invisible, the car remains largely a mystery. The … Read more
Toyota Ranz EV: Shanghai Motor Show in Pics
April 25th, 2013 | Posted in Auto Shows | Electric Car | FAW | ToyotaGAC-Toyota Unveiled New Logo and EV Concept
April 25th, 2013 | Posted in Auto Shows | Electric Car | GAC | ToyotaFollowing other joint ventures GAC-Toyota plans to launch a new auto brand focusing on the Chinese market. At the 2013 Shanghai auto show, the logo of that brand was revealed without, oddly enough, being named. The logo, said to represent the letter "I," was exposed on an EV concept. GAC-Toyota provided no details about either … Read more
Photos: Lexus LFA in Million-Dollar Crash
April 10th, 2013 | Posted in ToyotaAmong the 500 Lexus LFAs produced, only two were reportedly owned by Chinese (although the Japanese automaker originally planned to sell 20 in the world’s largest auto market). And one of them was crashed in Beijing. The front and right side of the supercar, which had a price tag of 5.988 million Yuan (US$965,810), were … Read more
The joint venture of First Auto Works (FAW) and Toyota unveiled today "Ranz," a new brand for low-cost as well as alternative-fuel vehicles targeting specifically the local market. At next month’s Shanghai auto show, the first Ranz model, a pure electric, will be launched. Responding to the government’s call to strengthen local R&D and productive … Read more
Toyota Motor said on Wednesday that it sold 38,500 new vehicles in China last month, 35% less than a year earlier, as parts shortage crippled local assembly lines. In the first five months, sales fell 2.1% on year to 294,900 units. Toyota’s vehicle factories in China began to make cutbacks about one month after the … Read more
Toyota’s China Sales Rose 37.4% to 84,000 in March, Q1 Sales up 17%
April 2nd, 2011 | Posted in Sales | ToyotaToyota announced on Friday that it delivered 84,000 new vehicles to Chinese consumers last month, 37.4% more than a year ago. For the first three months, sales increased 17% on year to 208,000 units, of which 80,000 were from January (up 10.4%), 44,000 from February (down 2.8%). The tally includes both imports and locally made … Read more
Toyota China to Cut Production, Prices of Lexus Raised by over $3,000
March 23rd, 2011 | Posted in GAC | ToyotaSome dealers in Beijing say they have received notice from Toyota China on upcoming production cut and potential supply shortage. As shipments of assembly parts have been affected by the March 11 earthquake, Toyota’s vehicle output in China is likely to drop by 20-30% starting next month. Toyota has two Chinese ventures, GAC (Guangzhou Auto) … Read more
Upcoming Releases: E’Z (Verso) “FUV” from GAC-Toyota
January 18th, 2011 | Posted in GAC | New Cars | ToyotaTo cash in on China’s MPV market, which expanded over 86% last year from 2009, GAC-Toyota, the joint venture of Toyota and Guangzhou Automobile Group Co. (GAC), plans to release the Verso small wagon in mid-2011, which will be called "E’Z" in English and "Yizhi" in Chinese for local consumers. The Verso is currently available … Read more
Toyota’s China Sales Rose 19% to 846,000 Units in 2010
January 5th, 2011 | Posted in FAW | Sales | ToyotaToyota Motor reports today a 19% increase in its 2010 new vehicle sales in China, with total deliveries reaching 846,000 units. The company set a conservative goal of selling 800,000 units for the year. FAW-Toyota, one of Toyota’s two main Chinese joint ventures, said its sales topped 500,000 units, helped by a 50% surge in … Read more
Toyota to Invest $700 Million in R&D Center in Changshu
November 21st, 2010 | Posted in ToyotaThe Japanese automaker announced on 17 Nov. that Toyota Motor Engineering & Manufacturing (China) Co. Ltd. (TMEC) will be built in Changshu, a city 80km from Shanghai, with $698 million total investment. TMEC will be Toyota’s sixth R&D center, the other five in Japan, the US, Thailand, Australia, and Belgium. Fully owned by Toyota, it … Read more
Toyota Partners with CATARC on Prius PHEV Trials in China
October 31st, 2010 | Posted in Electric Car | ToyotaToyota signed an agreement with China Automotive Technology and Research Center (CATARC) on October 28 on jointly carrying out field trials of the Prius plug-in hybrid electric vehicle (PHEV) in China. To prepare for the 2012 release of the plug-in Prius, Toyota has been testing pre-production models in its major markets including Japan, the US, … Read more
FAW-Toyota Adds CVT and 2.0L Trim Level to 2011 Corolla
September 26th, 2010 | Posted in FAW | New Cars | ToyotaThe facelifted 2011 Corolla released today by FAW-Toyota gets a new engine option: the 3ZR-FE 2.0L that puts out 106kW/6200rpm and 187Nm/3600rpm; it is mated to either a 6-speed MT or a CVT. On the 1.8L models, the more fuel-efficient CVT replaced the old 4-speed AT, which continues to serve the 1.6L trim level, and … Read more
Toyota Delays Production of Third Generation Prius in China
September 24th, 2010 | Posted in Electric Car | FAW | Regulations | ToyotaAccording to sources within FAW-Toyota, the joint venture is still in the stage of assessing production and marketing challenges and has no timetable set for introducing the third generation Prius, abandoning a previous plan to begin production this year. From 2005 to 2009, FAW-Toyota had built the second generation Prius in Changchun of Northeast China. … Read more
Toyota Motor Finance (China) was fined today by the Industrial and Commercial Bureau of Hangzhou, Zhejiang, for bribing dealers in the region, according to Xinhua. This is the first time for Toyota to face charges of corporate bribery in China. According to the Bureau, between August 2008 and April 2010, Toyota’s auto finance company paid … Read more
Small cars are popular in China, but Yaris has been a flop since its initial release by GAC Toyota in July 2008. The cause of it, GAC claimed, was that the car looked "stingy" to Chinese consumers. So in the past one year Toyota has been giving the subcompact a quick makeover, developing a 2011 … Read more
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