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Jim Lentz exposes more details behind Toyota's move to Texas
Fri, 02 May 2014Toyota's North American CEO Jim Lentz has already given us a rough idea of what prompted the company's surprise move to the Dallas suburb of Plano, TX from its longstanding headquarters in Torrance, CA. A new story from The Los Angeles Times, though, delivers even more detail from Lentz on the reasoning for the move, what other cities were considered and why the company's current host city wasn't even in the running.
Of course, one of the more popular reasons being bandied about includes the $40 million Texas was set to give the company for the move, as well as the state's generous tax rates. According to Lentz, though, the reason Toyota chose Plano over a group of finalists made up of Atlanta, Charlotte and Denver, was far simpler than that - it was about consolidating its marketing, sales, engineering and production teams in a region that's closer to the company's seat of manufacturing in the south.
"It doesn't make sense to have oversight of manufacturing 2,000 miles away from where the cars were made," Lentz told The Times. "Geography is the reason not to have our headquarters in California."
Oh, Kei Go: Toyota set to enter JDM minicar market?
Fri, 01 Oct 2010Toyota is looking to get bigger... by going smaller. The Japanese automaker is looking to enter the kei car market, a popular segment in its homeland. Kei cars are small vehicles with restrictions on length (11.15 feet), width (4.86 feet), engine size (660 cubic centimeters) and power output (63 horsepower). Currently, Toyota is the only Japanese automaker not producing vehicles for this segment, but that is set to change, according to a report from The Wall Street Journal.
Thanks to its relationship with Daihatsu, Toyota can jump right into the kei car game. Daihatsu is one of the largest producer of kei vehicles and it is currently owned by Toyota.
Although kei cars are restricted in terms of size and power, they are not restricted by technology. Automakers utilize different drive configurations, powertrains and amenities to keep their cars fresh. Daihatsu and Toyota plan to work together to produce Toyota-branded kei cars. The two companies will utilize Toyota's knowledge of electric and hybrid systems to produce efficient little vehicles for the Japanese market.
Hyundai Ioniq 6 review and the BMW XM Label Red | Autoblog Podcast #776
Fri, Apr 14 2023In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Senior Editor, Green, John Beltz Snyder. We start by discussing the reveal of the incredible BMW XM Label Red, as well as the latest EPA emissions proposal. We review the 2023 Hyundai Ioniq 6, our long term Toyota Sienna, the Toyota 4Runner 40th Anniversary Edition and the Infiniti QX60. Finally, we take to the mailbag to help a listener spend money on a fun Cars & Coffee/date night car with a manual transmission and rear-wheel drive. Send us your questions for the Mailbag and Spend My Money at: Podcast@Autoblog.com. Autoblog Podcast # 776 Get The Podcast Apple Podcasts – Subscribe to the Autoblog Podcast in iTunes Spotify – Subscribe to the Autoblog Podcast on Spotify RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown 2024 BMW XM Label Red is the most powerful street-legal BMW ever EPA reveals urgent plan to slash vehicle emissions, with EVs dominating sales in a decade Cars we're driving: 2023 Hyundai Ioniq 6 2023 Toyota Sienna long-termer 2023 Toyota 4Runner 40th Anniversary Edition 2023 Infiniti QX60 Spend My Money: Stick shift and rear-wheel drive Feedback Email – Podcast@Autoblog.com Review the show on Apple Podcasts Autoblog is now live on your smart speakers and voice assistants with the audio Autoblog Daily Digest. Say “Hey Google, play the news from Autoblog” or "Alexa, open Autoblog" to get your favorite car website in audio form every day. A narrator will take you through the biggest stories or break down one of our comprehensive test drives. Related video: Government/Legal Green Podcasts BMW Hyundai Infiniti Toyota Electric Hybrid Luxury Performance
