2002 Toyota 4runner on 2040-cars

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Toyota nears $40B cash reserve as calls grow for new investment, payouts

With the April 15 tax deadline just a few months away, our US readers will be faced with a decision should they get a refund: save or spend? It seems this issue is one many of us face whenever there's a windfall, trying to decide whether we should set the money aside in an account of some sort or use it as a down payment on a new car or a trip to the Apple store. Unsurprisingly, major corporations face a similar, albeit more complex, issue.
Take Toyota, for example. With President Akio Toyoda at the helm, the Japanese manufacturer has gracefully weathered recalls and natural disasters, all while turning beaucoup profits. Last quarter, profits quintupled to 434.4-billion yen ($4.3-billion USD), according to Bloomberg. Toyota also upped its forecast for the end of fiscal year 2013 (which ends on March 31 for Japan), to a record 1.9-trillion yen (about $18.8 billion). Now, the Japanese brand is reportedly sitting on a cash pile of nearly $40 billion, leaving Toyoda-san in an envious predicament - what should the company do with all that money?
Some think Toyota should be doing something, anything with that big stack of cash.

2014 Toyota Tundra to debut at Chicago Auto Show

The fullsize pickup market is dominated by trucks from Ford, General Motors and Ram, but this segment could get some hefty competition in coming years. We've already reported that Nissan is planning a redesign of its Titan truck for 2015, and now Toyota has announced that it will be revealing the 2014 Tundra next month at the Chicago Auto Show.
In the brief press release posted below, Toyota says that the 2014 Tundra will be "redesigned," but it's unclear as to whether this means we'll be seeing an all-new truck or just an extensive refresh. The current Tundra design has been around since 2007 and sales are hardly worrisome to the Big Three, so a new design would be a logical guess.
In any case, we only have to wait a couple more weeks for the new Tundra to debut on February 7, and we'll be on hand to bring you plenty of live coverage from the show.

2019 BMW Z5 shows off its soft top

BMW continues development work on the Z5, which will succeed the Z4 in its lineup for the 2019 model year. These latest spy shots again show off the Z5's classic sports-car proportions during testing on European roads. As expected, the roadster will switch to a cloth top instead of the retractable hardtop the Z4 uses. The much-anticipated Z5 will be based on a rear-wheel-drive platform that's jointly developed with Toyota. Rumors persist Toyota's version will mark the return of the Supra name, though the Japanese automaker has been silent on the matter. Reports say the cars could be assembled by Magna Steyr in Austria. We expect the Z5 will run four- and six-cylinder engines, and the soft top will help the roadster reduce weight and likely improve performance. It's also possible BMW will build a fixed-roof Z5. We predict the Z5 will appear on the auto show circuit within the next year. The long-running Z4 launched for 2009. Related Video: Featured Gallery 2019 BMW Z5 View 10 Photos Image Credit: CarPix Design/Style Spy Photos BMW Toyota Convertible Performance bmw z5