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Toyota brings TRD Griffon GT86 to Goodwood [w/video]

In the midst of the 2013 Goodwood Festival of Speed, there's a particularly special Toyota running up the hill. This special entry is a GT86 (the cousin to our Scion FR-S and Subaru BRZ) that's been poked, prodded, and tweaked by the minds at Toyota Racing Development. The result of TRD's fettling is a nearly race-ready car.
Starting with the body, the hood, doors, trunk lid, and wings are all made of carbon fiber. The lightweight treatment doesn't end there, though. The bumpers, fenders, and diffuser all feature carbon-fiber-reinforced plastic, while the windows are now made of polycarbonate plastic.
Under the hood sits the same 2.0-liter boxer engine found in the standard GT86, but its six-speed manual gearbox features a shorter final drive ratio for improved acceleration. The coilover suspension has been firmed up, and a TRD mechanical limited-slip differential replaces the Torsen unit. The TRD Griffon rides on TWS 18-inch wheels and Yokohama Advan tires. To bring proceedings to a stop, TRD has fitted its own mono-block caliper kit, complete with more robust racing pads.

Toyota reports huge quarterly profit increase, raises forecast for the year

Toyota isn't just the world's largest automaker - so far its the biggest winner for quarterly profits. With an enormous $5.5 billion take during Q2, Toyota took advantage of the weak Japanese yen and strong US demand to record a 94-percent improvement in profit over the same period from last year. So far, Toyota brought in larger profits than Ford and General Motors combined.
Toyota is showing no signs of slowing down either, as it has bumped up its forecast for full-year global production, going from 9.94 million to 10.12 million vehicles, on the back of a 13-percent drop in the buying power of the Japanese yen versus the US dollar. That strong exchange rate is largely responsible for Toyota's big jump in profits, although it also managed to shift 1.3 million vehicles in the US market this year. Strong Camry sales have also helped. But while Toyota is raking in the cash, it actually saw a small drop in market share, down 0.1 percent to 14.3 percent of the US market.
As is the case with most automakers, Toyota seems flummoxed by Europe, where it recorded less than one percent of its revenue. Still, as Automotive News points out, Toyota only maintains a 4.5-percent market share in Europe and is far less dependent on the continent than other manufacturers. Toyota also struggled at home, much like Honda. With 525,777 units sold, JDM sales were down almost 51,000 units, although Toyota still saw its operating profit jump from $3.5 billion to $4.6 billion.

Mazda3 sales off to rocky start despite massive critical acclaim

Like just about every other auto publication we've seen, we loved the way the Mazda3 drove when we reviewed it a few months ago, but those glowing reviews apparently aren't helping its sales. The new compact may be falling victim to a sales war between the Toyota Corolla and Honda Civic, with the newcomer getting squeezed out by those with more established names and bigger marketing budgets.
According to Automotive News, Mazda3 sales have fallen every month since last August, and its sales are down 27 percent in the first two months of 2014. It certainly isn't helping that the entire compact segment is down five percent this year as well.
The biggest problem for the new model seems to be its price compared to rivals. Mazda is not offering the incentives that are on the hood of competitors. With the previous generation, the company offered more than $2,700 on the hood to move them out, but the current model only carries about $1,233 in markdowns, according to AN.