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China fines Toyota $12.5 million over Lexus price-fixing

BEIJING — China's market regulator on Friday has fined Japanese carmaker Toyota Motor 87.6 million yuan ($12.5 million) for price-fixing on its premium Lexus cars in eastern Jiangsu province, according to a document on its website. The decision comes as China steps up regulation over auto sales in the world's biggest vehicle market, where more than 28 million cars were sold last year. The anti-monopoly bureau of State Administration for Market Regulation said that between 2015 and 2018, the Japanese carmaker set a minimum sales and resale price for its cars in coastal Jiangsu province, which deprived dealers of pricing autonomy and harmed customers' rights. Lexus also fixed sales strategies in the region over the period, including offering customers discounts while asking them to purchase accessories at fixed prices, a sales tactic usual among individual auto dealers in China but frowned upon for carmakers. A spokesman at Toyota, Lexus' parent firm, told Reuters the firm acknowledged the penalty and respects the decision. He did not comment further. China's auto sales are declining, but Lexus' sales keep growing. It sold 180,200 vehicles in the first 11 months this year, a 21% jump from a year earlier. In June, China's market regulator imposed an 162.8 million yuan fine on Ford Motor Co's joint venture with Changan Automobile Group for violating anti-monopoly law. ($1 = 6.9927 Chinese yuan renminbi) Reporting by Yilei Sun and Norihiko Shirouzu. Related Video:

Toyota adds more than 1.1 million vehicles to previous fuel pump recall

A Toyota and Lexus recall that previously listed nearly 700,000 potentially affected vehicles has been amended to include more than 1.1 million new rides. Overall, more than 1.8 million cars, trucks, crossovers, and SUVs are part of a voluntary recall regarding fuel pumps that might stop working.    On January 13, 2020, Toyota announced a safety recall for 695,541 Lexus and Toyota models. It included the Toyota 4Runner, Camry, Highlander, Land Cruiser, Sequoia, Sienna, Tacoma, Avalon, Corolla, and Tundra, plus the Lexus LS 500, LC 500, RC 350, RC 300, GS 350, IS 300, ES 350, LX 570, GX 460, RX 350 NX 300, RX 350L, and GS 300. The Avalon, Corolla, NX 300, RX 350L, and GS 300 in the initial recall were specifically 2019 model years, while the rest were 2018-2019.  Today, March 4, 2020, Toyota stated it has expanded the recall to approximately 1.8 million vehicles total. Toyota did not provide a specific number, but here is the full list of potentially affected cars:  2013-2015 Lexus LS 460 2013-2014 Lexus GS 350 2014 Toyota FJ Cruiser, Lexus IS-F 2014-2015 Toyota 4Runner, Land Cruiser; Lexus GX 460, IS 350, LX 570 2015 Lexus NX 200t, RC 350 2017 Lexus IS 200t, RC 200t 2017-2019 Toyota Sienna; Lexus RX 350 2018 Lexus GS 300 2018-2019 Toyota Avalon, Camry, Corolla, Highlander, Sequoia, Tacoma, Tundra; Lexus ES 350, GS 350, IS 300, IS 350, LC 500, LC 500h, LS 500, LS 500h, RC 300, RC 350, RX 350L On these vehicles, a low-pressure fuel pump inside the fuel tank could fail. If this fuel pump fails while the vehicle is in use, the vehicle could sputter and stall. Without warning of the impending malfunction, other than some lights on the dashboard, this could present a dangerous situation for the driver.  For all affected vehicles, Toyota and Lexus will replace the faulty parts with "improved" fuel pumps. Notifications will start in May. Recalls Lexus Toyota

Lexus RZ electric SUV will be shown (with a yoke) on 4/20

Lexus will reveal its production RZ electric SUV on April 20, the company announced Tuesday, steering well clear of April Fool's Day with a teaser package that would be right at home in Elon Musk's Twitter feed. And yes, there's a yoke. If it weren't for the fact that we already knew about the Lexus RZ, coupled with confirmation from Toyota that the bZ4X's yoke is the real deal, we'd be highly suspicious of this early-April announcement from a traditionally conservative manufacturer. Welcome to 2022, when none of that really seems to matter anymore.  We already suspected that the RZ was based on Toyota's bZ4X, so the indication of an available yoke is not that surprising, really.  In the Toyota, it's paired to a variable-ratio, steer-by-wire system. Toyota says it also improves steering feel and ensures road and tire vibrations don't make their way to the driver. The latter seems obvious since there's no physical connection between the wheel and road, but whether that makes for an "improvement" in steering feel is not something with which we're inclined to automatically agree.  Lexus offered no further info apart from the reveal date and time (6 a.m. EDT April 20) and these new teaser photos. The psychedelic lighting job on the car seems a bit on-the-nose for something debuting on 4/20, but again, this isn't a Tesla, so clearly somebody just thought it would look cool. Fortunately, we have the bZ4X's spec sheet to go on. The 4,232-pound Toyota is powered by a single electric motor with 201 horsepower or a dual-motor setup with 214 horses (107 per motor). Clearly, getting all-wheel drive into the equation mattered more than performance, as Toyota says it'll still take 7.7 seconds for the bZ4X to hit 60.  Regardless of motor count, the bZ4X gets a 71.4-kilowatt-hour lithium-ion battery pack said to deliver about 310 miles of maximum driving range in the front-wheel-drive model and 285 miles in the all-wheel-drive version based on the Japanese testing cycle. It's not outrageous to think the RZ might get a more potent powertrain, but we'll just have to wait and see what Lexus has in store.  Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.