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From Kelley Blue Book:
Transaction prices on new vehicle sales continue to rise, posting a gain of 1.4 percent or an average of $458 in October. The average new vehicle transaction price according to Kelley Blue Book data now stands at $34,023, which also represents a $223 increase over the September figure.

"Transaction prices continue to rise with several segments besting the industry average in terms of growth, including full-size SUVs, high performance…

Toyota officials have unveiled a planned partnership with a Kentucky landfill that will generate plant electricity from the landfill's gas.  The plan is expected to begin later this month.  Electricity generated by the project will be enough to produce about 10,000 vehicles per year at the Georgetown, Kentucky manufacturing plant. 

Having a Landfill operator working directly with a manufacturer on this type of project has never before been accomplished in the United States…

From Financial Times
FT.com
Toyota has unveiled plans to set up a separate robotics unit in Silicon Valley, as the world’s biggest carmaker seeks to fight back against incursions into the sector by Californian tech groups Tesla, Google and Apple.

The Japanese company said it would hire 200 employees and invest $1bn to set up the Toyota Research Institute, which will focus on developing artificial intelligence and robotics.

Carmakers have been moving into…

October turned out to be quite the month for Toyota. The automaker reported sales of more than 200,000 units, representing an increase of 13 percent. October 2015 had one more selling day than October 2014, causing daily selling rate (DSR) increase if nine percent.

“October was a huge month for the industry, smashing expectations and continuing its hot streak,” said Bill Fay, group vice president and general manager for the Toyota Division. “Toyota Division posted best-ever sales for the month led by October record-breaking sales of Highlander and RAV4.”

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Agence France-Presse
Thu, 2015-10-29 12:44

TOKYO — Toyota’s top executive has offered some advice to German rival Volkswagen as it wrestles with a huge emissions scandal: Don’t focus on being No. 1.

Akio Toyoda’s comments at the Tokyo Motor Show come as the automakers are locked in a neck-and-neck race for the title of world’s biggest automaker this year, with the Japanese giant running slightly ahead.

But Toyota has said it…

TOKYO (Bloomberg) -- Toyota Motor Corp.'s second-biggest supplier said the carmaker's goal to almost eliminate conventional combustion engines by 2050 is a wake-up call for parts makers to transform their businesses.

Yasumori Ihara, who ran Toyota's emerging markets operations before becoming Aisin Seiki Co.'s president in June, said the automaker's objective means components makers need to prepare to supply for cars that will be predominantly hybrids or fuel-cell vehicles.

"We need…

From Cars.com

Toyota and its Lexus luxury division topped Consumer Reports' 2015 annual reliability study (subscription required), but Audi climbed to a best-ever third place among the 28 brands ranked. The German luxury brand, a subsidiary of the Volkswagen Group, had its best showing ever in CR's annual study, which the magazine claims to draw from a subscriber base with more than 740,000 vehicles.

Related: Toyota, GM Top J.D. Power Dependability…

A $360 million investment, paired with the dedication of 1.5 million training hours has proven to Toyota Motor Manufacturing that producing the popular Lexus ES 350 model at the Georgetown, KY plant will be possible -- a first for any US plant.