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Toyota Mobility Foundation sets up shop in Da Nang

You never know where the next cleaner mobility effort is going to take place. Toyota is looking around the world for places to make getting around a less dirty affair and the latest experiment is going to take place in Da Nang, Vietnam. Aside from the new location, though, there's nothing particularly special about the Da Nang project. The first two basic ideas are to set up a community bus service in the governmental, educational and commercial districts and a park-and-ride program. The project is the second from the Toyota Mobility Foundation, which says that these the enhancements to Da Nang's transportation system further TMF's, "philosophy of combining Toyota's knowledge with the expertise of partners to enable more people around the globe to move safely, efficiently and enjoyably." TMF will spend 2.9 million dollars over three years to set up the project in Da Nang. The first TMF project launched in Bangkok earlier this year. Toyota Mobility Foundation Launches Program in Da Nang, Vietnam The Foundation's Second Program Will Address Emerging Transportation Issues in Rapidly Growing Mid-sized City Tokyo, Japan June 9, 2015-Toyota Mobility Foundation (TMF) today announced its second program, which will launch in Da Nang, Vietnam to address emerging transportation issues in the rapidly growing mid-size city. The announcement follows news earlier in April, 2015 from TMF regarding the launch of its first pilot program in Bangkok, Thailand. Both programs reflect the Foundation's philosophy of combining Toyota's knowledge with the expertise of partners to enable more people around the globe to move safely, efficiently and enjoyably. "Toyota Mobility Foundation develops innovative solutions that address a full range of mobility challenges facing communities around the globe by sharing our knowledge," said Akio Toyoda, Chairman of the Board of TMF and President of Toyota Motor Corporation. "As Da Nang adapts to its rapid population and economic growth, we-together with our partners including Da Nang city government-aims to build a more joyful mobile society." TMF will partner with the local government in Da Nang to develop a sustainable transportation system that meets projected population growth estimates and mobility needs. In the early stages of motorization, Da Nang is considered an entrance to the Indochina East-West Economic Corridor, which links Vietnam, Laos, Thailand and Myanmar.

Toyota exec arrested in Japan for violation of drug laws

Julie Hamp (pictured above), Toyota Motor Corporation's recently promoted global chief communications officer and top female executive, has found herself behind bars after allegedly running afoul of Japan's strict prescription drug laws. Tokyo police claim that Oxycodone was sent to her from the US and discovered by Japanese customs. Hamp was arrested at her hotel on June 18. While it might look bad at first blush, the case currently appears to center on Hamp's misunderstanding of Japan's rules. According to Japanese police, she didn't think that there was anything wrong with importing the medication. NHK reported the package sent to her allegedly contained 57 pills, according to Automotive News. Even with a prescription, it's illegal to bring many drugs into Japan from the US. Some over-the-counter medications here, like allergy medications, are prohibited there, as well. Toyota is aware of Hamp's arrest, but has no other information to share. "We are confident, however, that once the investigation is complete, it will be revealed that there was no intention by Ms. Hamp to violate any law," the company said in a statement to Automotive News. Hamp became chief communications officer for all of Toyota in April. Before her promotion, she held that title at Toyota Motor North America. In the past, she has been included on Fortune's list of the most powerful women in the auto industry.

Toyota holds onto crown of World's Largest Automaker

Although there were hints and allegations that the Volkswagen Group might have taken the global sales crown for 2014, the final tally puts Toyota at the top with 10.23 million sales in 2014. We should really say it keeps Toyota at the top, since that makes three years in a row the Japanese company has been No. 1. Volkswagen Group came in second with 10.14 million units sold, General Motors in third with 9.92 million units sold. This the first time for both Toyota and Volkswagen to pass 10 million sales in a single year. Toyota, including its Hino and Daihatsu divisions, did it with a three-percent increase in company-wide sales on the back of strong demand in Japan and the US. Its strength in developed markets might be the reason it loses the title this year, though; Toyota forecasts a two-percent gain in sales outside of Japan, but a nine-percent drop in its home market because of a new consumption tax that encouraged buyers to purchase before the end of last year. On top of that, turmoil in Southeast Asian economies like Thailand and Indonesia depressed sales in 2014 and they're facing more headwinds. The company envisions 10.15 million sales in 2015. Volkswagen, on the other hand, "has a jet engine strapped to its back called 'China,'" where Toyota is out-of-sorts. Volkswagen Group sales fell 2.9 percent in the US last year, while Toyota gained 6.2 percent here. But Volkswagen roped in 3.7 million sales in China, a 12-percent increase. Toyota enjoyed a huge bump of 12.5 percent in China, but that only got it to 1.03 million units, missing its yearly target and leading to trouble with its Chinese dealers over unsold inventory. With Toyota on the Chinese sidelines while Volkswagen guns for No. 1 status and pledges more production capacity in China – sales there are expected to top 25 million units this year – it looks like this could be the year the VW Group takes over the lead. That would be three years ahead of its original target of 2018. An analyst in Japan said Toyota is more focused on "keeping profitability than chasing numbers" – profitability is an issue for VW right now – so Toyota might not be back at the top "for [the] coming years." News Source: Bloomberg, Automotive News - sub. req. Earnings/Financials GM Toyota Volkswagen Car Buying Daihatsu sales volkswagen group