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Toyota investing $200M in Southern manufacturing

Over the past two years, Toyota has invested more than $2 billion at its North American production facilities, and it apparently doesn't plan on stopping there. To keep up with recent strong sales, Toyota is investing an additional $200 million at its engine plants in the Southern US to increase production capacity of its V6 engines.
The bulk of this money ($150 million) will go to expand Toyota's engine plant in Huntsville, AL, which is currently responsible for supplying engines - four-cylinder, V6 and V8 - to eight of Toyota's 12 domestically produced vehicles. That includes the best-selling Toyota Camry (shown above).
Toyota didn't say exactly what improvements are being made to the plant, but this follows last year's $80 million investment in the plant that is set to be completed by next year raising the engine capacity to 750,000 annual units including 362,000 V6s. The remaining $50 million will go to the casting plants of Toyota-owned Bodine Aluminum in Missouri and Tennessee, which supply engine blocks and cylinder heads to the Huntsville engine plant as well as others in Kentucky and West Virginia. Scroll down below for the official press release.

TMG Lexus LS Sports 650 destined for production after 2015?

There's little question that Lexus has succeeded in challenging its German rivals in the luxury marketplace. And with the LFA, it has proven that Japan can build a world-class supercar. What's left blank is the space in between.
Toyota Motorsport GmbH came up with a compelling answer in the form of the Sports 650 prototype, a Lexus LS with a 5.0-liter twin-turbo V8 producing 641 horsepower and other go-fast components to challenge the likes of the Mercedes-Benz S63 AMG and Audi S8. Toyota boss Akio Toyoda was reportedly so impressed with the project that he initially ordered TMG to build ten examples - one for him and each of his nine best friends. But since the model on which the project was based has since been replaced, questions remain over the project's fate.
Georg Kacher - European correspondent for Automobile and Car magazines - recently drove the prototype and reports that "the project will now likely be transferred to the new model out in 2015." That could come down purely to speculation, but Kacher tends to get the inside line on industry news, so this particular bowl of gossip soup might not requite the usual grain of salt we otherwise might add.

Lexus LC convertible possibly spied in production form

Following a concept reveal at the beginning of the year and confirmation of production a few months ago, we've finally got a glimpse of what may be the production Lexus LC convertible. The droptop was spied during a photo shoot in Los Angeles. It appears to be wearing the "Structural Blue" hue that made its debut at SEMA a couple years ago. While the concept shown at Detroit looked nearly production-ready, there are small differences between it and this photo car. Close examination shows that this version has a small wind blocker and differently shaped rear seat backs. These pieces match up with the prototype that appeared at the Goodwood Festival of Speed. The main difference between this car and the Goodwood example is that this photo car has more finished trim around the tonneau cover. Another difference from the Detroit concept is the fact the rear tonneau has a section finished in the same color upholstery as the interior. Though Lexus confirmed the LC convertible for production, it hasn't given any indication as to when it will go on sale. The fact that Lexus is doing photo shoots of the car has us thinking it will be revealed and put on sale in time for the next model year, making November's LA Auto Show a prime choice. It will undoubtedly be fitted with a choice of the 471-horsepower 5.0-liter V8 or the 354-horsepower V6 hybrid powertrain.