- Reuters•9 hours ago
Toyota has decided to drop diesel engines from its new C-HR compact in the wake of Volkswagen's (VOWG_p.DE) emissions scandal and will probably do the same for future model renewals, the carmaker's second-ranking global executive said on Thursday. The Japanese automaker decided "within the last six to 12 months" not to offer a diesel version of the car, unveiled at the Paris auto show, because demand for the powertrain technology is falling sharply, Executive Vice President Didier Leroy told Reuters in an interview. If faced with a renewal decision today for other models up to and including the larger Auris compact, a Toyota staple, "we would probably do the same thing", Leroy added.
- American City Business Journals•9 hours ago
Toyota, which is perhaps best known as the maker of the Camry and Corolla, admits it faces a challenge. Toyota is on pace for an all-time large trucks sales record for 2016, according to Bill Fay, group vice president and general manager Toyota Division. Under the hood, the 2017 Highlander has a new Direct Shift 8-speed automatic transmission that buyers can choose to pair with a new 3.5-liter V6 Direct Injection Engine, which Toyota is predicting will result in better fuel economy (EPA estimates are not yet available).
Toyota Motor Corporation (TM)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||111.13 x 1100|
|Ask||118.43 x 100|
|Day's Range||115.76 - 116.85|
|52wk Range||97.80 - 127.28|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||8.31|
|Avg Vol (3m)||384,548|
|Dividend & Yield||3.64 (3.08%)|