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Posts Tagged ‘Toyota Supra Detroit Auto Show’

Toyota’s U.S. Chief Says More Tariffs Will Hurt Auto Sales

Lentz has reservations about NAFTA replacement as well.

by Joseph Szczesny on Dec.06, 2018

Toyota's Jim Lentz expressed concern about the imposition of new tariffs and the impact they'll have on the auto industry.

The imposition of a new round of tariffs by the Trump administration could raises the price of new cars and trucks and cripple the U.S. auto industry, Toyota’s top executive in the United States said this week.

Jim Lentz, chief executive officer of Toyota North America, said during an appearance at the Detroit Economic Club, like at Ford and General Motors, Toyota operating costs for steel and aluminum have increased by because of the increase in tariffs on steel and aluminum.

Business News!

“We use American-made steel, but the cost has gone up 40%,” Lentz said. (more…)

Toyota Makes It Official: New Supra Bows at Detroit Auto Show

Sports car fans must wonder no longer.

by Michael Strong on Oct.30, 2018

With each passing day, the Toyota Supra inches closer to reality, including this heavily camouflaged model at Goodwood.

Toyota Supra fans can celebrate — finally.

We mean it this time. Truly.

News Now!

The company officially announced it plans to debut the long-awaited return of Toyota’s beloved sports car at the North American International Auto Show in Detroit in January. (more…)