1971 Toyota Land Cruiser Base 3.9l on 2040-cars

Auto blog

VW targeting 10M sales in 2014

Volkswagen Group believes it can sell over 10 million vehicles in 2014, with hopes of overtaking Toyota as the world's largest automaker in the process. If VW can do it, it would meet that goal four years earlier than planned. Of course, Toyota isn't sitting still - it also hopes to top the 10 million-car threshold this year and has the advantage of already holding the top spot.
"With rising volume and new models, we will increasingly see positive earnings effects as well," said VW Group CEO Martin Winterkorn during its annual press conference, according to Automotive News. The company is spending huge amounts of money to propel it to the top, investing 84.2 billion euros ($117 billion) through 2018, and according to AN it plans to introduce over 100 new models worldwide among all of its brands by the end of next year.
The German automaker may get an extra boost as the European car industry shows signs of emerging from its yearlong stagnation and China continues to grow. In January, VW Group was up 8.5 percent in Europe and 15.5 percent in China, according to its own figures. However, the US has been slowing with Volkswagen brand sales down 19.04 percent in January and down 13.81 percent in February.

Toyota's $1.6B unintended acceleration settlement approved

Toyota is now one step closer to putting its unintended acceleration woes behind it as it has received approval from the US District Court for the Central District of California to settle loss-of-value claims to vehicles associated with the 2009-2010 recalls.
As we reported back in May, the Toyota settlement is worth $1.63 billion, which, according to Bloomberg, includes a payout of $757 million to affected owners, $227 million to attorneys and an additional $875 million for vehicle upgrades. (We did the math, too, and that totals $1.859 billion, but there is no justification for the discrepancy. Fuzzy math, eh?)
Based on the estimated 22.6 million vehicles said to be included in this suit, that would make the average payment about $33.49 per vehicle, but the article says that owners, lessees and even renters will receive varying amounts ranging from $9.74 up to as much as $10,000. This settlement does not affect suits filed for personal injury or wrongful death.

Toyota TRD Pro Chase Trucks are ready to hit the desert at SEMA

Toyota marks the 35th anniversary of its Toyota Racing Development performance arm this year, and the division is celebrating at this year's SEMA Show with a quartet of tuned off-roaders based on on the 4Runner, Tacoma and Tundra that look more than ready to go just about anywhere.
All four of them will take part in this year's Baja 1000 race, but only the Tundra (far left in the above photo) is actually competing. The other three will be there to act as support vehicles.
Inspired by the production TRD Pro Series trucks, the 4Runner, Tacoma and Tundra are prepared by off-road fabricator N-Fab with a mix of TRD and the company's own parts to be able to take whatever the grueling, 1,000-mile can throw at them. The trio is fettled with extra communications equipment, GPS, additional lights and all sorts of body and suspension modifications to help them survive the ordeal.