Toyota’s future plans in the US
Automotive market numbers are showing a slow recovery being underway overall from the massive recession that started back in 2008 – at least in the US. Automakers there have reported sales of about 14.5 million vehicles, which means a 13 percent increase from 2011 and the highest annual total since 2007.
Read MoreToyota is re-taking the top seller spot
Toyota has started to reclaim the title of world’s largest automotive manufacturer by edging past its major competitors, General Motors and Volkswagen in 2012’s third quarter.
Read More9 and 10 speed transmissions coming from joint Ford and GM agreement
Ford and General Motors have been rivals for pretty much their entire history, however there are reports now stating that the two Detroit-based automotive rivals will join forces in order to develop next-generation nine- and ten-speed automatic transmissions.
Read More