Lexus

Toyota and Lexus Offer Lower Emissions EV Charging Program

Retrieved on: 
Wednesday, January 11, 2023

PLANO, Texas, Jan. 11, 2023 /PRNewswire/ -- Aligning with its goals to provide energy solutions for customers while working toward making cleaner energy sustainable and resilient for all, Toyota Motor North America (Toyota) has recently entered into an agreement with WattTime to provide certain health and environmental impact data to Toyota and Lexus customers with eligible vehicles to enable them to find ideal charging times to reduce emissions when charging at home. By using this data to make more informed decisions on charging times, customers are empowered to do their part to help reduce power plant emissions that impact human health and climate change.

Key Points: 
  • Leveraging the power of the Remote Connect feature within the Toyota and Lexus apps, Toyota and Lexus BEV and PHEV customers will be able to manage their home charging experience, via the ECO Charging feature, to select the most efficient times to charge their vehicles.
  • "The Toyota and Lexus apps offer a seamless and simple solution for our customers, and we're confident this will enhance their electrified vehicle ownership experience."
  • The Toyota and Lexus apps will take the electricity forecast data from WattTime and combine it with the customer's own charging and mobility requirements to propose a charging schedule through the ECO Charging feature.
  • The ECO Charging feature is available now on the Toyota and Lexus apps, both of which are available for download for iPhone® or Android™ smartphones.

Two Toyota Leaders Recognized by MotorTrend as 'Software-Defined Vehicle' Innovators

Retrieved on: 
Monday, January 9, 2023

Toyota today announced that MotorTrend has named two executive leaders within Toyota Motor North America (TMNA) Connected Technologies and Toyota Connected North America (TCNA) as part of its first class of software-defined vehicle innovators.

Key Points: 
  • Toyota today announced that MotorTrend has named two executive leaders within Toyota Motor North America (TMNA) Connected Technologies and Toyota Connected North America (TCNA) as part of its first class of software-defined vehicle innovators.
  • Tsai helped bring safety and telematics systems in-house under Toyota engineers, contributing toward saving hundreds of millions of dollars and increasing up time.
  • Basra and Tsai were among the earliest members of TCNA in 2016 after Toyota Motor Company President Akio Toyoda announced the formation of Toyota Connected mobility and data services companies.
  • MotorTrend introduced its first class of Software-Defined Vehicle Innovators during the 2023 Consumer Electronics Show in Las Vegas.

TOYOTA GAZOO Racing and Lexus to Exhibit at Tokyo Auto Salon 2023

Retrieved on: 
Friday, January 6, 2023

TOKYO, Jan 6, 2023 - (JCN Newswire) - TOYOTA GAZOO Racing (TGR) and Lexus are planning to exhibit at the three-day Tokyo Auto Salon 2023(1) to be held at Makuhari Messe (in Chiba, Japan) from January 13 to 15, 2023.

Key Points: 
  • TOKYO, Jan 6, 2023 - (JCN Newswire) - TOYOTA GAZOO Racing (TGR) and Lexus are planning to exhibit at the three-day Tokyo Auto Salon 2023(1) to be held at Makuhari Messe (in Chiba, Japan) from January 13 to 15, 2023.
  • Also, Lexus and Toyota are planning to exhibit at the concurrent Tokyo Outdoor Show(2) at the same venue.
  • At Tokyo Auto Salon 2023, TGR will unveil a product that commemorates its WRC drivers' title win.
  • Furthermore, Lexus and Toyota will exhibit for the first time at the Tokyo Outdoor Show.

Global Automotive Fuse Market Report 2022 to 2027: Electric/Hybrid Vehicles is Anticipated to Grow at Major Rate - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 3, 2023

As a result, the trend toward vehicle electrification is expected to boost sales of car components such as automotive fuse boxes in the coming years.

Key Points: 
  • As a result, the trend toward vehicle electrification is expected to boost sales of car components such as automotive fuse boxes in the coming years.
  • The significantly growing electric vehicle market, alongside the integration of fuses in the operational models, is set to accelerate the demand for the automotive fuse market during the forecast period.
  • However, before committing to local manufacture, the company might bring its first EV, the Enyaq, to market as a CBU.
  • In December 2021, Hyundai announced plans to invest USD 530.25 million in R&D in India, to launch six electric vehicles by 2028.

LEXUS ELECTRIFIED: INSPIRED BY PEOPLE

Retrieved on: 
Wednesday, January 4, 2023

PLANO, Texas, Jan. 4, 2023 /PRNewswire/ -- What will define the electrified future? Lexus believes that the future of electric vehicles will be versatile, anticipatory and centered on elevating the consumer's driving and ownership experience. A new marketing campaign, called "Lexus Electrified," shows how people are the inspiration behind the versatility of the Lexus electrified line of vehicles. The broadcast spot, "Like Attracts Like," debuts today.

Key Points: 
  • Lexus believes that the future of electric vehicles will be versatile, anticipatory and centered on elevating the consumer's driving and ownership experience.
  • A new marketing campaign, called "Lexus Electrified," shows how people are the inspiration behind the versatility of the Lexus electrified line of vehicles.
  • Under its "Lexus Electrified" vision, Lexus aims to work toward carbon neutrality in a way that is accessible for every guest through a variety of powertrains that cater to their individual needs.
  • The spot showcases four electrified Lexus vehicles – the RZ 450e, RX 500h, NX 450h+ and the Electrified Sport Concept.

Toyota Financial Services Offers Payment Relief to Customers Affected by New York Area Storm

Retrieved on: 
Tuesday, December 27, 2022

PLANO, Texas, Dec. 27, 2022 /PRNewswire/ -- Toyota Financial Services (TFS) announced it is offering payment relief options to its customers affected by the recent winter storm in the New York area.

Key Points: 
  • PLANO, Texas, Dec. 27, 2022 /PRNewswire/ -- Toyota Financial Services (TFS) announced it is offering payment relief options to its customers affected by the recent winter storm in the New York area.
  • This broad outreach includes any Toyota Financial Services (TFS) or Lexus Financial Services (LFS) customers in the designated disaster areas.
  • Toyota Financial Services cares about the safety and well-being of its customers and wants to help those suffering from this natural disaster.
  • It is part of a worldwide network of comprehensive financial services offered by Toyota Financial Services Corporation, a wholly-owned subsidiary of Toyota Motor Corporation.

Standard Motor Products Closes the Year with 214 New Part Numbers

Retrieved on: 
Thursday, December 22, 2022

NEW YORK, Dec. 22, 2022 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) has introduced 214 new part numbers in its December new number announcement.

Key Points: 
  • NEW YORK, Dec. 22, 2022 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) has introduced 214 new part numbers in its December new number announcement.
  • Included in the release is new coverage for 88 product categories, and 84 part numbers for 2021, 2022, and 2023 model-year vehicles.
  • Standard Motor Products is grateful for the unwavering support and loyalty of our distribution partners and service providers, and we look forward to strengthening these partnerships in the new year."
  • Standard® has fuel injection covered, adding an array of new products to support its growing offering.

The automotive relay market is projected to grow from USD 12.2 billion in 2022 to USD 15.5 billion by 2027, at a CAGR of 5.0%

Retrieved on: 
Thursday, December 22, 2022

Key Points: 
  • The automotive relay market is projected to grow from USD 12.2 billion in 2022 to USD 15.5 billion by 2027, at a CAGR of 5.0% for the same period.
  • Additionally, the demand for premium vehicles in European and North American countries contributes to the demand for automotive relays.
  • The report also helps stakeholders understand the market’s pulse and provides information on key market drivers, restraints, challenges, and opportunities.
  • Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

S&P Global Mobility: December auto sales wrap up year on a familiar note

Retrieved on: 
Wednesday, December 21, 2022

SOUTHFIELD, Mich., Dec. 21, 2022 /PRNewswire/ -- With volume for the month projected at 1.19 million units, December U.S. auto sales are estimated to translate to an estimated sales pace of below 13.0 million units (seasonally adjusted annual rate: SAAR).  The SAAR reading would be the weakest monthly result since May 2022, and the underlying daily selling rate metric would be a slight step back from the trend of the preceding three months.

Key Points: 
  • Auto consumers are plagued by an uncertain economic environment, high vehicle prices, higher interest rates, and low inventory levels."
  • The S&P Global Mobility auto outlook for next year carries a countercyclical narrative: Expected production levels will continue to increase, even as economic conditions are expected to deteriorate through the early stages of next year.
  • "We project calendar-year 2023 sales volume of 14.8 million units in the U.S., a 7% increase from the estimated 2022 tally.
  • S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets.

Iconic Moments Take Center Stage as Hollywood Gathers to Honor Asian Luminaries at 20th Annual Unforgettable Gala, UNFO Celebrates Successes of APIs in Entertainment, Arts and Culture

Retrieved on: 
Tuesday, December 20, 2022

BEVERLY HILLS, Calif., Dec. 20, 2022 /PRNewswire/ -- The nation's largest and longest-running Asian and Pacific Islander awards show, Unforgettable Gala, also known as UNFO, delivered major moments of surprise and delight at its annual celebration of API excellence and representation in entertainment, arts and culture. Character Media marked the gala's 20th anniversary by honoring luminaries from the API community and presenting awards to the year's biggest successes in film, television, music and more.

Key Points: 
  • Character Media marked the gala's 20th anniversary by honoring luminaries from the API community and presenting awards to the year's biggest successes in film, television, music and more.
  • This year's luminaries participated by performing or presenting awards at the gala, passing the baton to the next generation of talent.
  • "It really wasn't until Michelle Phan—all I ever really saw in the beauty industry was really pioneered by an Asian woman.
  • Closing out the gala, "Turning Red"'s animated boy band 4*Town was brought to life and introduced to the stage by Simu Liu and Rosalie Chiang.