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    Toyota delays N.A. production restart a week to May 11

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    Toyota has hit the pause button on it plan to restart North American production next week, implementing a one-week delay to May 11 Toyota Motor North America said it was delaying for one week its planned Monday, May 4, return to production in North America, “based on an extensive review with our supplier and logistics […] More

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    April sales plunge 75% as pandemic drags on

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    TORONTO — New-vehicle sales dropped into “uncharted territory” in April with a 74.6-per-cent plunge from a year earlier, according to DesRosiers Automotive Consultants. Last month’s sales totalled an estimated 45,833 units compared with 180,616 last year as restrictions and economic uncertainty related to the COVID-19 outbreak affected the full month of sales. Few automakers report […] More

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    Toyota quarterly profit falls 28% on pandemic impact

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    Kon put the blame on the coronavirus pandemic. In Toyota’s fiscal fourth quarter, the virus outbreak chopped 160 billion yen (US$1.48 billion) off operating profit and 380 billion yen (US$3.52 billion) off revenue. He said April should be the bottom, as market conditions gradually improve in the U.S., Europe, China and another markets. But a […] More

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    Toyota revives Venza to pad crossover lineup

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    Inside the cabin, the 2021 Venza features an available centre-mounted 12.3-inch touch screen, a seven-inch display in the instrument cluster, a digital rearview mirror and a 10-inch colour head-up display for the driver. The Venza will have an available fixed panoramic glass roof capable of electronically reducing direct sunlight while increasing light in the cabin, […] More

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    Minivan sales are levelling off, analysts say

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    As well, the restyling of the 2021 Pacifica, which includes a new grille and increased ride height, makes it look “more like a crossover,” Capo said adding that FCA remains committed to the minivan, “There’s really four players in the market, and we all have a piece of the pie and FCA has the most.”  Bill Johnston, whose family has owned Johnston Chrysler in […] More

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    Toyota vows to remain profitable as pandemic hits auto industry

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    TOKYO — Toyota Motor Corp. will remain profitable during the coronavirus pandemic, using lessons it learned during the global financial crisis more than a decade ago, CEO Akio Toyoda told shareholders at the Japanese automaker’s annual meeting. As part of efforts to assist to cash-strapped customers, Toyota is relaxing auto-loan payment deadlines and offering used […] More

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    Re-engineered Lexus IS sedan refocuses on improved handling

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    The big investment in the re-engineered car is in its body structure and suspension. Engineers reinforced a number of points to improve body rigidity and revised the suspension layout and front pickup points to accommodate larger tires and wheels. They also focused on removing unsprung weight to enhance handling, employing lighter weight hub bolts, lighter […] More

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    Canadian Q2 sales down by 45% due to pandemic

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    Automakers on Thursday used words like “challenging” and “unprecedented” to describe the new-vehicle market and sales during the second quarter of the year, which was crippled by the COVID-19 pandemic. Sales were down 44.5 per cent to 316,769, according to the Automobile News | tomobile.org Data Center in Detroit. The Detroit Three automakers all posted […] More

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