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Toyota Pulling the Plug on RAV4-EV
2014-05-19 00:34:08| AutomotiveDigest.com - Automotive Industry News
Toyota is pulling the plug on the RAV4-EV, the battery-electric version of the soft-roader it introduced two years ago with the help of electric vehicle start-up Tesla Motors. This years phase-out of the RAV4-EV comes as the Japanese giant gets ready to launch its new hydrogen-powered FCV, which made its debut at the Tokyo Motor Show last autumn. While it has been the most successful manufacturer of conventional hybrids, Toyota has repeatedly expressed its concerns about pure battery-electric vehicles relying on advanced lithium-ion batteries. The move also comes as Tesla gets ready to launch its own, first battery-electric SUV, the Model X due to market sometime in 2015. READ MORE The Article Toyota Pulling the Plug on RAV4-EV appeared first on Automotive Digest.
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Tesla hands California most auto jobs as Toyota plans exit
2014-05-18 08:10:31| Automakers - Topix.net
Tesla now employs more than 6,000 people in the state, the automaker said, offering the first public snapshot of its workforce this year.
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Toyota Selling Off-Lease Inventory to Independent Dealers through Online Auctions
2014-05-16 16:55:38| AutomotiveDigest.com - Automotive Industry News
Toyota Financial Services and Lexus Financial Services have been marketing off-lease inventory sales lately through ADESA DealerBlock. There should be a lot of used vehicles for dealers to choose from Toyota and Lexus new vehicle sales have been about 30% lease transactions lately. This Toyota program gives independent, non-franchised dealers access to off-lease Toyota and Lexus vehicles; these vehicles previously had only been available to franchised dealers... GET MORE DETAILS _________________________________________________________ The Article Toyota Selling Off-Lease Inventory to Independent Dealers through Online Auctions appeared first on Automotive Digest.
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Toyota Working with ADESA on Off-Lease Inventory for Dealers
2014-05-14 21:50:47| AutomotiveDigest.com - Automotive Industry News
Toyota Financial Services and Lexus Financial Services have been marketing off-lease inventory sales lately through ADESA DealerBlock. There should be a lot of used vehicles for dealers to choose from Toyota and Lexus new vehicle sales have been about 30% lease transactions lately. This Toyota program gives independent, non-franchised dealers access to off-lease Toyota […] The Article Toyota Working with ADESA on Off-Lease Inventory for Dealers appeared first on Automotive Digest.
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Toyota abandons Teslas EV tech, will push hydrogen fuel cell vehicles instead
2014-05-14 15:18:49| Extremetech
In the wake of the auto industry collapse in 2010, Toyota made a move that many industry watchers applauded. It partnered with electric vehicle maker Tesla to incorporate its battery technology into future Toyota cars and SUVs. Tesla was seeing success in a very niche market with its Tesla Roadster, so it seemed like a safe bet for the Japanese company to bring it to the mainstream. Four years and one spectacularly failed vehicle later, Toyota is throwing in the towel on pure electric vehicles in favor of hydrogen fuel cells.
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