Mark Templin News
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Toyota Motor Corp., after reporting slower growth in February, is boosting its U.S. auto market outlook on improving consumer confidence, a better economy and demand for Camry sedans and Prius hybrids.
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Toyota Motor Corp. President Akio Toyoda cleared out the remnants of top management inherited when he took the helm in 2009 in a revamp to restore the fortunes of the world’s biggest carmaker after years of turmoil.
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Toyota Motor Corp.’s small sedan revealed today in Detroit is the most important model the company will never sell. Called Furia, it gives a hint of what Akio Toyoda wants from a company not known for its style.
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Japanese car brands, led by Toyota Motor Corp.’s Lexus, took the top seven spots in Consumer Reports magazine’s annual quality rankings, as the top U.S. brand placed 14th out of 26 in the ratings.
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Toyota Motor Corp. expects to boost U.S. sales of its luxury Lexus model next year even though taxes on the wealthy may rise as a result of a federal budget deal, the brand’s global marketing chief said.
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Toyota Motor Corp. plans to restore Lexus RX production in Canada to full speed in September and have dealers stocked with RX sport-utility vehicles by December, said Mark Templin, the U.S. chief of Lexus.
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Toyota Motor Corp. is developing autonomous safety technologies to create a virtual “co-pilot” in vehicles that helps drivers avoid accidents rather than self- driving cars and trucks.
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Daimler AG’s Mercedes-Benz outsold Toyota Motor Corp. ’s Lexus in the U.S. in March, marking three straight months the Japanese brand has failed to come out on top after winning the annual luxury race for 11 years.
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Daimler AG’s Mercedes-Benz topped Toyota Motor Corp. ’s Lexus in the U.S. in March, marking a third straight month the Japanese brand has failed to come out on top after winning the annual luxury race for 11 years.
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Halloween of 2011 was so disturbing for Toyota Motor Corp. President Akio Toyoda that he warned Japanese carmakers might collapse. The yen hit a postwar high, crippling their ability to recover from natural disasters and compete against Hyundai Motor Co.
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