Toyota's Gloomy New Forecast Cuts Annual Profits by More than Half

After sacrificing the top position as the greatest car maker, Toyota is now halving its revenue prediction due to a number of aspects, the most important of which are the disorder due to the quake and tsunami in Asia in Goal and the latest fulfills in Thailand, as well as the powerful yen.

Toyota said that it needs to generate a net revenue of 180 billion Yen [US$2.3 billion] for the economical season conclusion March 31, 2012, down 53.8 % from the 390 thousand yen [US$5.04 billion] it forecasted in May.

The Western organization also cut its sales prediction from an previously treatment granted in May of 7.6 thousand to 7.32 thousand for the economical season.

Toyota said that the organization missing some 230,000 vehicles around the globe from July to Nov due to the Thailand fulfills, but it needs that generation will come back to typical by the end of December.

PHOTO GALLERY

Read More

Skoda Remembers the VisionD Concept

We're not sure why, but Skoda has published a new collection of images of its VisionD idea that we first installed face on at the Geneva Generator Display back in Goal 2011.

Perhaps it is because the Czech car maker would like to invigorate our memory place on the style of the VisionD, which according to the organization, provides a "clear indication" of the long run appearance route for all Skoda versions.

That or the VW Collection managed or operated organization wants to exhibit us how good the VisionD looks with a very lady...

The VisionD also symbolizes a new provide for a compact-size fastback with a slinky roofline and a long wheelbase with relatively short overhangs. Skoda says that the car dimension not only provide a more competitive position, but also allow for increased inside place.

We'll point out to you that at this year's Frankfurt Generator Display this previous October, the VW Collection organization revealed the MissionL, a idea for a lightweight automobile style that attracted its appearance creativity from the VisionD.

PHOTO GALLERY

Read More

BAC Mono Track Racer Coming in Limited Numbers to the USA, Priced at $130,000

Weekend track enthusiasts with a taste for exclusive sports cars and pockets deep enough to afford their hobby, will be happy to learn that the BAC Mono single-seater racecar has arrived in the States.

Sector111 LLC, a California based company that specializes in aftermarket performance parts and service for the Lotus Elise and Exige and the Ariel Atom, has been named the exclusive U.S. importer of the British model.

"USA is a hugely important market and represents a significant percentage of our export volume," said BAC Director, Neill Briggs. "With their experience and extensive knowledge of the low volume sports car market, we are delighted to announce that Mono will be available through our partner Sector111," he added.

Sector111 said that it would be responsible for sales and service of the BAC Mono in the States, with plans to import around 12 cars for 2012, with pricing set at $130,000 a piece.

The Mono is powered by a mid-mounted naturally aspirated 2.3-liter Cosworth engine pushing out 280-horsepower to the rear wheels through a six-speed sequential transmission and a limited-slip differential. The single-seater model features a carbon-fiber body and weighs in at just 540 kg (1,190 lbs).

According to the British company, the Mono passes the 0 to 60mph [96km/h] yardstick just 2.8 seconds after takeoff, and the 100 mph (160km/h) mark after 6.7 seconds, while its top speed is 170 mph (274 km/h).

PHOTO GALLERY

Read More