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Tour of quake zone shows Akio Toyoda 'the depth of destruction'
Tue, 29 Mar 2011Toyota Motor Corp. President Akio Toyoda toured Japan's earthquake disaster zone, including the damaged assembly plant opened there in January, as the world's largest automaker struggles to get a grip on the supplier crisis and resume production. Toyoda's trip on Sunday and Monday took him to Miyagi prefecture, near the epicenter of the killer March 11 quake and an area being positioned by Toyota as its domestic center for small car production.
Subaru BRZ sales brisk in Japan
Wed, 28 Mar 2012Subaru's new BRZ sports coupe is off to a brisk start in Japan, selling at a monthly rate quadruple its initial forecast. Since the car debuted Feb. 3, Subaru parent Fuji Heavy Industries Ltd.
Tesla rolls out Model S hatchback, plans late 2011 start
Fri, 27 Mar 2009Amidst thumping techno and inside his own rocket factory, Tesla founder and CEO Elon Musk pulled the cover off his much-anticipated second car onThursday. The Model S five-door hatchback will go into production in late 2011 at a rate of 20,000 per year. Prices will start at $49,900 for the base model, a price that assumes the $7,500 current Federal tax credit available.