April 9, 1999 |
The nation's seemingly supercharged economy has been good to car makers and very good to their luxury-vehicle units. And it was especially good to Lexus, Toyota's high-end marque, in the first quarter of 1999. Coming off a year in which it posted a 60% U.S. sales increase, Torrance-based Lexus ended the first quarter with a 42.5% hike in sales. The gain was driven by the division's two hot-selling sport-utility models.
September 19, 1991 |
Toyota's U.S. television advertising for 1992 will include shots of workers inside the company's Georgetown, Ky., assembly plant to show the largest Japanese auto maker is a good U.S. citizen. The Toyota ad introduced Wednesday would be the first national television ad by a Japanese auto maker showing its U.S. workers. The spot is part of a campaign that also includes ads for Toyota's new cars and trucks, with a spotlight on an all-new Camry, the company's most popular car.
April 21, 1988 |
Charging that Toyota USA has failed to notify car owners of an alleged "brake pulsation" defect on its 1983-1986 Camry models, a Los Angeles public interest law firm announced Wednesday that it is suing the auto giant in a nationwide class-action lawsuit.
May 20, 1997 |
A Texas administrative law judge has denied Republic Industries' request to move ahead with its proposed purchase of a Houston Toyota dealership without a formal hearing on Toyota Motor Sales U.S.A.'s opposition to the deal. Torrance-based Toyota said the ruling, handed down late Friday, is a victory for its side. At Fort Lauderdale, Fla.-based Republic, executives said they were disappointed but not worried. No date has been set for the hearing.
August 26, 1997 |
Republic Industries Inc. and Toyota on Monday reached a tentative resolution in a dispute over a buying spree of car dealerships by billionaire H. Wayne Huizenga's company. Republic and Toyota issued a joint statement after a meeting in Dallas, saying they reached a deal that will help the companies avoid a court battle.
July 29, 1994 |
Proving that you don't need a car to take an unforgettable ride, the Toyota USA Foundation is funding a program to enable all fifth-graders in the Santa Ana Unified School District to cruise the heavens visually. The charitable arm of Torrance-based Toyota Motor Sales USA is paying to send each fifth-grader--8,800 of them next year and in the 1995-96 school term--through Starlab, Orange County's only portable planetarium.
October 14, 1995 |
The U.S. sales arm of Toyota Motor Corp. said Friday that customers who bought new vehicles from 1990 to 1994 would receive $1.28 billion worth of discount coupons under a tentative agreement to settle a class-action lawsuit that charged the company and its dealers with improperly inflating prices. An estimated 8.5 million customers who bought or leased the Toyota vehicles during the five-year period would receive coupons for $150 off the price of a new or used Toyota, according to J.