2002 Toyota Corolla S Sedan 4-door 1.8l (not Running, For Parts) on 2040-cars

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Toyota's Texas move could boost state's economy by $7.2B in 10 years

They say everything is bigger in Texas, and apparently that includes the Toyota's effect on the economy. The giant Japanese automaker's new headquarters in Plano, TX, will add an estimated $7.2 billion to the state over the next 10 years, according to a new study commissioned by the city and cited by Bloomberg.
The benefits appear to be an absolute steal compared to the direct incentives that Plano and the state are giving Toyota. The report finds that by the time the automaker's campus is complete in 2018, it could have 3,650 full-time workers there at an average salary of $104,000. The city has prepared $6.75 million in grants, plus property tax discounts, according to Bloomberg. In addition to that, the state is offering the business $40 million in incentives from its Texas Enterprise Fund. This is still a fraction of what Toyota is estimated to bring in.
Toyota announced in April that it would move its US operations to Plano after being headquartered in California since 1957. The move affects thousands of employees from the sales and engineering divisions. The first workers will arrive there this fall, but Toyota will eventually have a whole campus in Plano by late 2017. The move is expected to save it huge amounts in taxation and offer employees a lower cost of living. Toyota North America CEO Jim Lentz also says that the Texas location puts the headquarters closer to more of the business' factories in the south. Texas certainly appears to be showing it some southern hospitality.

A Ferrari-swapped Toyota GT86 sounds menacing

Ryan Tuerck and Gumout's Ferrari-swapped Toyota GT86 has clearly been a grueling labor of love. And now, finally, the competition-only car is near enough to completion that the team could fire up for the first time. And the sound coming out of the custom machine is incredible. In addition to putting out a short clip of the engine's glorious sound, Tuerck gives a detailed walkthrough of the entire vehicle and explains some of the custom touches behind the car. The exhaust, which comes out of the front end, for instance, was done to maintain the Ferrari 458 system's length. The result is supposed to mimic the sound of a stock 458, but we think it sounds more brutal than Maranello intended. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. The Ferrari-powered machine also shoots flames. Massive, ridiculous, impressive balls of flame. The vehicle is on track to be completed this month, and we can't wait to see it shred some tires. Related Video: News Source: Donut Media, Donut Media / FacebookImage Credit: Donut Media / YouTube Aftermarket Ferrari Toyota Coupe Special and Limited Editions Performance Videos toyota gt86 toyota 86 engine swap

Toyota Aygo stars in 'invisible driver' prank

We love a good automotive-themed prank. Rémi Gaillard remains a favorite, although maybe we should take a closer look at MagicOfRahat, another online prankster. Rahat, who has developed a bit of a reputation for blending in with car seats, giving the impression that there's no one behind the wheel, has taken his talents to Europe, in a new video for Toyota.
Dressed to look like the seat of the new Toyota Aygo, Rahat goes about town freaking out tollbooth operators, valets, fast food servers and even receiving a bit of unwanted attention from the police. The result is, as is usually the case with this prank, pretty darn amusing. We were kind of hoping he'd pop up and give his victims a fright, as he did in his Halloween video, but alas, that wasn't to be.
Take a look below for the full video.