2014 Toyota Rav4 Xle on 2040-cars

Auto blog

Unintended acceleration settlement hits Toyota's Q4 bottom line

Depending on how you want to look at things, the US Attorney's Office $1.2-billion dollar settlement with Toyota in March over its unintended acceleration recall was either a big blow to the company or completely inconsequential. From January to March, net income fell five percent to 297 billion yen ($2.89 billion), compared to 313.9 billion yen ($3.05 billion) a year ago. However, the automaker still posted record full-year profits worldwide.
Operating profit also fell in the US by 9 percent to $498.1 million for the quarter, but sales were up by 6 percent to 581,261 vehicles. According to Automotive News, global revenue was still up from January to March by about 13 percent and vehicle sales were up 6 percent to 2.58 million units.
However, the payment to the feds did little to hold the company back last year. For the fiscal year ending March 31, 2014, Toyota had net income of 1.82 trillion yen ($17.7 billion), compared to 962.1 billion yen ($9.5 billion) in the last fiscal year. Total vehicle sales were also up.

GT Academy returns, and why Gran Turismo 6 demands a pedal/wheel setup

The path to become a racing driver is a difficult one. It requires starting early, with karts, and then building up through the years and if you're really, really good (and really, really lucky), a team will notice you and sign you up. Or, you know, you could just become really good at Gran Turismo, and beat out other like-minded fanatics for a seat in the GT Academy.
The racing school, which culls its students from the ranks of Gran Turismo players has already pumped out successful racers, most notably, Lucas Ordoñez, who has a second and third-place finish under his belt at the 24 Hours of Le Mans. With the 2014 GT Academy kicking off April 21 and running through June 16, you could have a chance to be the next Ordoñez.
That won't be easy, though. We recently had a playthrough on GT6 the proper way - with a racing seat, pedals and a steering wheel, complete with column-mounted paddles. (Our setup looked just like the one you see above, though that image is from E3.) In other words, it was as close to driving an actual car as most console games can get.

Toyota Me.We concept is a multifunction Tupperware car [w/video]

Not to be outdone by the Renault Twin'Z concept penned by Welsh designer Ross Lovegrove, Toyota has partnered up with French designer Jean-Marie Massaud to create the 2013 Toyota Me.We Concept. Unveiled at Le Rendez-vous Toyota in Paris, the Me.We Concept is an attempt to imagine a car that can be appreciated by owners across a wide variety of lifestyles while being courteous to the environment, too.
From a "Me" perspective, the concept is highly customizable with removable body panels, and even though it might look like just a small hatchback from the outside, Toyota claims it can also be used as a pickup (with an extendable rear panel), a convertible (with a neoprene roof panel) and even an off-road vehicle. As for the "We" part of the car, it's a fully electric vehicle with individual in-wheel motors and a battery pack mounted under the load floor. The concept has a weight of around 1,600 pounds kept low thanks to an aluminum chassis, but it also features renewable bamboo wood for the floor in addition to the fully recyclable polypropylene exterior body panels. Scroll down to see more in an official video and to check out Toyota's official press release.