Wednesday, May 29, 2013
Parts/Service Special: Brake Service Special
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Tuesday, May 28, 2013
Toyota to raise board compensation 28% as earnings increase
Toyota Motor Corp. plans to increase compensation and bonuses for board members as it forecasts profit and sales will climb to the highest level in six years.
Toyota plans to pay 1.1 billion yen ($10.8 million) in compensation and 428 million yen in bonuses to directors, as well as audit and supervisory board members, for the year ended March 2013, the company said in a notice sent to shareholders.
The total is 28 percent higher than a year earlier.
The Japanese carmaker, which retook its global sales crown from General Motors Co. and Volkswagen AG last year, projects net income to increase 42 percent to 1.37 trillion yen in the year ending March 2014. The company earlier this month reported its biggest annual profit in five years, and in March approved the biggest bonus for workers since 2008.
The amount to be paid to directors will be decided at Toyota’s June 14 shareholders’ meeting.
Courtesy of Auto News
Thursday, May 23, 2013
Toyota Time Sales Event
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Tuesday, May 21, 2013
Keep your cabin clean and pollutant free!
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Thursday, May 16, 2013
Keep Your Toyota A Toyota - The Obvious Choice - Housekeeper
You wouldn't use just any housekeeper, would you? Visit our certified service center and our skilled technicians will help keep your Toyota a Toyota.
Tuesday, May 14, 2013
No ordinary Camry: 1967 Toyota 2000GT sells for $1.16 million at auction
Would you pay nearly $1.2 million for a Toyota?
Someone at RM Auctions did, setting an auction sale record for a car from an Asian manufacturer. However, this wasn’t your grandmother’s Camry.
This pale yellow coupe is a 1967 2000GT, Toyota’s first sports car and the great-grandparent of the 560 horsepower, $388,475 Lexus LFA.
If a supercar from the company known for the dowdy Camry and Lexus RX seems like a stretch today, imagine what it was like in 1965, when Toyota unveiled the 2000GT at the Tokyo Motor Show, surrounded by cars that pretty much were toys in comparison.
Nothing like the 2000GT had ever come out of Japan, whose cars had the reputation Korean cars of the 1980s and 1990s had: basic, cheap and maybe a bit suspect.
Taking a quantum leap forward, Toyota married a sleek body (that bore more than a passing resemblance to the Jaguar E-Type) with a 150 hp, Yamaha-designed 2.0-liter straight six and then-innovative features like disc brakes and rack-and-pinion steering.
A roadster version also starred in the James Bond film You Only Live Twice.
The 2000GT had a reported top speed of over 135 mph (pretty good for the ‘60s) and, like any good supercar, it was as exclusive as it was fast.
Only 351 2000GTs were built, costing approximately $7,250 each. A period Jaguar E-Type stickered for $5,580.
On top of that, the 2000GT sold at RM was one of just 62 left-hand drive versions made. Rarity is a great way to drive up a collector car’s selling price, but this 2000GT’s selling price is still surprising.
There are many 1960s Japanese cars that can be called “collectable,” but they don’t usually attract the same insane bids as vintage contemporaries from the United States or Europe.
Courtesy of Digital Trends
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