Toyota lifts Japan 2012 forecast on eco-subsidy

Toyota Motor Corp on Wednesday lifted its 2012 domestic sales forecast to 1.63 million vehicles, up 6.5 percent from its previous prediction and 36 percent higher than 2011, after the government last month decided to re-introduce subsidies for fuel-efficient cars.

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Toyota Launches Aqua – Smallest Fuel-Efficient Hybrid Car

Toyota launched its hybrid fuel-efficient small car model “Aqua” in Japan in the Tokyo Motor Show. The same model will be termed as “Prius C” in the United States where it will be launched in early 2012 at the Detroit Auto Show. This car has a higher fuel efficiency of 35.4 kilometer per liter as compared to Prius that has an average of 32 kilometer per liter, the highest offered efficiency by a car of this kind till now.
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Toyota Prices Scion iQ at $15,995

A version has been available in Japan since 2008 and Aston Martin enlisted one in its struggle to meet 2012 European Union fleet-efficiency standards, but the Toyota iQ is a late entry in the North American market.

The Japanese automaker announced Wednesday that sales of the microcar, which is branded for the United States as a Scion, will begin in October in select Western states, with a wider rollout to follow.
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Electric Vehicles Aid Relief Efforts in Japan

The tragedy unfolding in Japan since March 11 has been stunning, compelling and sad. But recovery efforts, which receive far less publicity, have been no less interesting.

I was privileged to witness both sides of the story during the five weeks I spent reporting for The New York Times in Japan. Though I spent much of my time writing about the efforts to contain the damaged nuclear power plants in Fukushima, my instincts as a business writer naturally gravitated to other topics, including the fate of the electric vehicles that Japanese carmakers have been trumpeting.
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Toyota iQ to Have Electric Variant in 2012

Toyota’s urban electric car, shown in various guises at auto shows, will be based on the diminutive iQ when it arrives in Europe, Japan and the United States in 2012, the company says. Journalists in Japan drove prototypes of the car recently at Mega Web, a showroom with a small test track run by the Toyota Motor Corporation in Tokyo.

The iQ will be sold as a Scion in the United States when it goes on sale early next year, but Toyota did not say whether the Car Hire France electric car would also wear the Scion badge.
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