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US-built Corollas will soon be exported to Latin America, Caribbean

Toyota has announced plans to export the American-made Corolla south, to 18 countries in Latin America and the Caribbean by 2014. The move follows statements made to The Wall Street Journal by Toyota's South American leader, Steve St. Angelo, that spoke to Toyota's resolve in emerging American markets.
Toyota is expected to begin export production in April, with initial production of 7,500 Corollas in the first year, courtesy of its Tupelo, Mississippi assembly plant. Years of unpredictable swings in the value of the Japanese yen has seen Toyota push its manufacturing operations in other countries, particularly the US, where its builds ten different models.
Scroll down to read the full press release from Toyota.

New Toyota Supra may get a twin-turbo Lexus V6

We've heard endless rumors that a successor to the much loved and much missed Toyota Supra is in the works. Toyota hasn't done much to deny these conversations. On the contrary, the FT-1 concept from two years ago and the partnership with BMW have only fueled the fire. Now, talk of a new Lexus engine has led to speculation about the supposed Supra's powertrain. To be clear, this is mostly heresay. Few things have actually been confirmed, but based on what we know a few conclusions can be drawn. We know that BMW and Toyota are working on a joint product. We've seen mules testing out in the wild. In BMW guise, the possibly Austrian-built car will more than likely powered by turbocharged inline four and six-cylinder engines. Unless Toyota wants to use Bimmer power, they'll need to shoehorn one of their own under the hood. That leads us to this rumor of a twin-turbocharged V6 that will presumably power the new Lexus GS and LS. Japanese automotive publication Mag-X first reported on this engine. It was then picked up by YouWheel and Car Keys. Mag-X cites Toyota insiders and even gives an engine code, 943F. This engine allegedly will make more than 400 horsepower and more than 300 lb-ft of torque. While unconfirmed, this makes sense for Lexus. Nearly every luxury competitor has a six-cylinder engine with forced induction. While Toyota has previously had turbocharged inline-sixes, they've never produced a factory turbo V6. Every automaker is downsizing engines in an effort to meet fuel economy and emissions regulations. Toyota and Lexus will follow suit. Taking that V6 and tuning it for a performance application is a solid, if unverified, possibility. Related Video:

Toyota takes i-Road tests to the streets of Tokyo

OK, here's where we think those road tests will start to get a little scary. Those super-narrow all-electric three-wheeled Toyota i-Road vehicles may have looked great sashaying through the towns of the French Riviera. But now? They're being tested in Tokyo. Hoo boy. The Japanese automaker says it'll start testing the i-Roads in the country's largest city on March 24 and will do so through early June. And while there will be some industry experts among the 20 participants, there will also be some regular folks who we hope won't find out the hard way how well those 660-pound, one-yard-wide vehicles perform in crash tests. In the meantime, we'll cross our fingers. The cool thing is that the i-Road now comes in five colors: blue, green, white, yellow and what looks like a magenta-fuchsia-type hue. Earlier this month, Toyota said it started testing the vehicles in Toyota City, Japan, as part of a broader program called "Ha:mo" where people link shared vehicles with public transportation systems (it stands for "Harmonious Mobility Network"). The three-wheeler was unveiled at the Geneva Motor Show early last year before getting the star treatment in a French Riviera-locale video. Check out Toyota's press release below and read our impressions of driving the i-Road here.