Latest news with #A80
Scottish Sun
3 days ago
- Automotive
- Scottish Sun
Iconic carmaker discontinues fastest EVER model branded ‘agile & smooth'.. but firm's boss is already teasing its return
END OF ROAD Iconic carmaker discontinues fastest EVER model branded 'agile & smooth'.. but firm's boss is already teasing its return Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) AN ICONIC carmaker is set to discontinue production of its beloved fastest-ever model. Toyota has confirmed it will cease making its "agile and smooth" Supra early next year, although one of the carmaker's bosses has already hinted at the iconic car's successor. 4 Toyota has announced its GR Supra will cease production in Spring 2026 Credit: Supplied 4 The current version has been in production since 2019 Credit: Toyota GB 4 Toyota's GR Supra is the fifth generation of the vehicle since its introduction in 1978 Credit: Handout The Supra has a rich history among car enthusiasts, with five generations of the sports car having been produced since its introduction in 1978. Toyota's fifth-generation Supra entered production in March 2019, a staggering 17 years after production ended on the fourth-generation A80 cars. Described as a "handsome" vehicle, the Supra is powered by a 3-litre six-cylinder turbo engine, which packs a whopping 340hp with 500Nm of torque - helping it to sprint from 0 to 62mph in just 4.3 seconds. However, the iconic motors, which are produced at a Magna plant in Austria, will cease being made from Spring 2026, reports Motortrend. A Toyota boss explained it was "not cost-effective" to give the low-volume car the upgrades needed to meet new and pending global regulations. However, not all hope is lost for Supra enthusiasts, as there have been hints of a next-gen Supra entering the market, although it is unclear when this will be. Senior Vice President of Product Planning and Strategy for Toyota Motor North America Cooper Ericksen said: "It would be logical that we would have a next-gen Supra - but when and how is still TBD." He confirmed that there would "definitely" be a gap between the end of the current GR Supra's production and the start of the next motor's manufacturing. However, he said the company aims to have a gap that is "significantly less" than the 17 years seen previously between the A80 and GR Supra. It is also unclear whether Toyota will continue to keep its partnership with BMW to develop the next Supra, having collaborated with the German carmaker for the current GR motor. Inside Toyota's UK production plant as it builds five MILLIONTH motor since first Carina E rolled off the line in 1992 General Manager of the Toyota Division for Toyota Motor North America David Christ said the company would "love to build a next generation Supra", but the company has not officially announced plans to do so. Toyota is at a busy stage currently, having just introduced the 2026 RAV4, which includes a number of new technologies which will eventually be rolled out to countless of its other models. Explaining the end of the Supra's production, Ericksen said: "A product like Supra, it's made it to a point where now we have a Final Edition and the reason is it's just not cost effective with all the new regulations and investment we have to make." In a review for The Sun last year, the Supra was described as a "chunky beast" that "packs a punch". It retails for £58,580 and can reach a top speed of 155mph, albeit with a fuel economy of 34mpg and CO2 emissions of 183g/km. TOYOTA TO INVEST £40 MILLION IN UK PLANT This comes as Toyota is reportedly planning to invest a whopping £40 million to build a new vehicle assembly line in the UK. The Toyota plant at Burnaston could be in line for a major investment, as the company weighs moving production for the US market from Japan to Derbyshire. The car maker plans to invest around £41 million to set up a new production line dedicated to making GR Corollas, according to Reuters. Toyota has denied that Trump tariffs are behind the potential shift, despite taxes on Britain being 10 per cent compared to Japan's 25 per cent. In light of the potential move, Japanese automaker Toyota revealed that new cars could be added to the European market. Currently, the GR Corolla is only available in Japan and is exported to North America and select other markets. Burnaston plant currently produces the Corolla hatchback and estate for the UK and European markets, but production rates could significantly improve with the proposed investment. A new production line could be operational within 12 months, with reports suggesting that Japanese engineers may temporarily relocate to Derbyshire to assist with the transition.
The Irish Sun
3 days ago
- Automotive
- The Irish Sun
Iconic carmaker discontinues fastest EVER model branded ‘agile & smooth'.. but firm's boss is already teasing its return
AN ICONIC carmaker is set to discontinue production of its beloved fastest-ever model. Toyota has confirmed it will cease making its next year, although one of the carmaker's bosses has already hinted at the iconic car's successor. 4 Toyota has announced its GR Supra will cease production in Spring 2026 Credit: Supplied 4 The current version has been in production since 2019 Credit: Toyota GB 4 Toyota's GR Supra is the fifth generation of the vehicle since its introduction in 1978 Credit: Handout The Supra has a rich history among car enthusiasts, with five generations of the sports car having been produced since its introduction in 1978. Toyota's fifth-generation Supra entered production in March 2019, a staggering 17 years after production ended on the fourth-generation A80 cars. Described as a "handsome" vehicle, the Supra is powered by a 3-litre six-cylinder turbo engine, which packs a whopping 340hp with 500Nm of torque - helping it to sprint from 0 to 62mph in just 4.3 seconds. However, the iconic motors, which are produced at a Magna plant in Austria, will cease being made from Spring 2026, reports Read More on Motors News A Toyota boss explained it was "not cost-effective" to give the low-volume car the upgrades needed to meet new and pending global regulations. However, not all hope is lost for Supra enthusiasts, as there have been hints of a next-gen Supra entering the market, although it is unclear when this will be. Senior Vice President of Product Planning and Strategy for Toyota Motor North America Cooper Ericksen said: "It would be logical that we would have a next-gen Supra - but when and how is still TBD." He confirmed that there would "definitely" be a gap between the end of the current GR Supra's production and the start of the next motor's manufacturing. Most read in Motors However, he said the company aims to have a gap that is "significantly less" than the 17 years seen previously between the A80 and GR Supra. It is also unclear whether Toyota will continue to keep its partnership with BMW to develop the next Supra, having collaborated with the German carmaker for the current GR motor. Inside Toyota's UK production plant as it builds five MILLIONTH motor since first Carina E rolled off the line in 1992 General Manager of the Toyota Division for Toyota Motor North America David Christ said the company would "love to build a next generation Supra", but the company has not officially announced plans to do so. Toyota is at a busy stage currently, having just introduced the 2026 RAV4, which includes a number of new technologies which will eventually be rolled out to countless of its other models . Explaining the end of the Supra's production, Ericksen said: "A product like Supra, it's made it to a point where now we have a Final Edition and the reason is it's just not cost effective with all the new regulations and investment we have to make." In a review for The Sun last year, the Supra was described as a "chunky beast" that "packs a punch". It retails for £58,580 and can reach a top speed of 155mph, albeit with a fuel economy of 34mpg and CO2 emissions of 183g/km. TOYOTA TO INVEST £40 MILLION IN UK PLANT This comes as Toyota is reportedly planning to The Toyota plant at could be in line for a major investment, as the company weighs moving production for the US market from Japan to . The car maker plans to invest around £41 million to set up a new production line dedicated to making GR Corollas, according to Reuters. Toyota has denied that Trump tariffs are behind the potential shift, despite taxes on Britain being 10 per cent compared to Japan's 25 per cent. In light of the potential move, Japanese automaker Toyota revealed that new cars could be added to the European market. Currently, the GR Corolla is only available in Japan and is exported to North America and select other markets . Burnaston plant currently produces the Corolla hatchback and estate for the UK and European markets, but production rates could significantly improve with the proposed investment. A new production line could be operational within 12 months, with reports suggesting that Japanese engineers may temporarily relocate to Derbyshire to assist with the transition. 4 Toyota bosses have hinted that a next-generation Supra will be on the way eventually Credit: Getty
The Advertiser
09-05-2025
- Business
- The Advertiser
NATO calls for 3.5% of GDP on defence budgets: Dutch PM
Dutch Prime Minister Dick Schoof says the NATO's chief wants the 32 member countries to agree to start spending at least 3.5 per cent of gross domestic product on their defence budgets at a summit in the Netherlands next month. In 2023, as Russia's full-scale invasion of Ukraine entered its second year, NATO leaders agreed that all allies should spend at least two per cent of GDP. They are expected to set a new goal at a meeting in The Hague on June 25. President Donald Trump insists that US allies should commit to spending at least five per cent, but that would require investment at an unprecedented scale. Still, Trump has cast doubt over whether the United States would defend allies that spend too little. Schoof told reporters that NATO Secretary-General Mark Rutte has written to the member nations to tell them that "he expects the NATO summit to aim for 3.5 per cent hard military spending by 2032". Rutte also wrote that he expects a commitment to "1.5 per cent related spending such as infrastructure, cybersecurity and things like that. Also achievable by 2032," Schoof said. While the two figures do add up to five per cent, factoring in infrastructure and cybersecurity would change the basis on which NATO calculates defence spending. The seven-year time frame is also short by the alliance's usual standards. Asked at NATO's Brussels headquarters about his demand, Rutte said: "I'm not going to confirm the figures". He said that "there are many rumors floating around" as NATO envoys discuss the new spending goal. NATO foreign ministers are likely to debate the numbers again at a meeting in Antalya, Turkey next Wednesday and Thursday. Rutte reaffirmed his public position that: "if we stick at the two per cent, we cannot defend ourselves. So we have to really increase defense spending". Standing alongside Rutte, Chancellor Friedrich Merz said that for Germany currently, each one per cent of GDP represents around 45 billion euros ($A80 billion). Germany was estimated to have spent 2.1 per cent on its military budget last year, according to NATO figures. But Merz said that NATO allies "also need to discuss infrastructure as well," including civilian infrastructure – roads, bridges, air and seaports – so that armies can move more quickly around Europe, and not just pure military spending. It remains difficult to see how many allies might reach even 3.5 per cent. NATO's most recent estimates show that 22 allies would reach the two per cent goal last year, compared to a previous forecast of 23. Belgium, Canada, Croatia, Italy, Luxembourg, Montenegro, Portugal, Slovenia and Spain would not, although Spain does expect to reach the two per cent goal in 2025, a year too late. Even the United States was estimated to have spent 3.19 per cent of GDP in 2024, down from 3.68 per cent a decade ago when all members vowed to increase spending after Russia annexed Ukraine's Crimean Peninsula. It's the only ally whose spending has dropped. Dutch Prime Minister Dick Schoof says the NATO's chief wants the 32 member countries to agree to start spending at least 3.5 per cent of gross domestic product on their defence budgets at a summit in the Netherlands next month. In 2023, as Russia's full-scale invasion of Ukraine entered its second year, NATO leaders agreed that all allies should spend at least two per cent of GDP. They are expected to set a new goal at a meeting in The Hague on June 25. President Donald Trump insists that US allies should commit to spending at least five per cent, but that would require investment at an unprecedented scale. Still, Trump has cast doubt over whether the United States would defend allies that spend too little. Schoof told reporters that NATO Secretary-General Mark Rutte has written to the member nations to tell them that "he expects the NATO summit to aim for 3.5 per cent hard military spending by 2032". Rutte also wrote that he expects a commitment to "1.5 per cent related spending such as infrastructure, cybersecurity and things like that. Also achievable by 2032," Schoof said. While the two figures do add up to five per cent, factoring in infrastructure and cybersecurity would change the basis on which NATO calculates defence spending. The seven-year time frame is also short by the alliance's usual standards. Asked at NATO's Brussels headquarters about his demand, Rutte said: "I'm not going to confirm the figures". He said that "there are many rumors floating around" as NATO envoys discuss the new spending goal. NATO foreign ministers are likely to debate the numbers again at a meeting in Antalya, Turkey next Wednesday and Thursday. Rutte reaffirmed his public position that: "if we stick at the two per cent, we cannot defend ourselves. So we have to really increase defense spending". Standing alongside Rutte, Chancellor Friedrich Merz said that for Germany currently, each one per cent of GDP represents around 45 billion euros ($A80 billion). Germany was estimated to have spent 2.1 per cent on its military budget last year, according to NATO figures. But Merz said that NATO allies "also need to discuss infrastructure as well," including civilian infrastructure – roads, bridges, air and seaports – so that armies can move more quickly around Europe, and not just pure military spending. It remains difficult to see how many allies might reach even 3.5 per cent. NATO's most recent estimates show that 22 allies would reach the two per cent goal last year, compared to a previous forecast of 23. Belgium, Canada, Croatia, Italy, Luxembourg, Montenegro, Portugal, Slovenia and Spain would not, although Spain does expect to reach the two per cent goal in 2025, a year too late. Even the United States was estimated to have spent 3.19 per cent of GDP in 2024, down from 3.68 per cent a decade ago when all members vowed to increase spending after Russia annexed Ukraine's Crimean Peninsula. It's the only ally whose spending has dropped. Dutch Prime Minister Dick Schoof says the NATO's chief wants the 32 member countries to agree to start spending at least 3.5 per cent of gross domestic product on their defence budgets at a summit in the Netherlands next month. In 2023, as Russia's full-scale invasion of Ukraine entered its second year, NATO leaders agreed that all allies should spend at least two per cent of GDP. They are expected to set a new goal at a meeting in The Hague on June 25. President Donald Trump insists that US allies should commit to spending at least five per cent, but that would require investment at an unprecedented scale. Still, Trump has cast doubt over whether the United States would defend allies that spend too little. Schoof told reporters that NATO Secretary-General Mark Rutte has written to the member nations to tell them that "he expects the NATO summit to aim for 3.5 per cent hard military spending by 2032". Rutte also wrote that he expects a commitment to "1.5 per cent related spending such as infrastructure, cybersecurity and things like that. Also achievable by 2032," Schoof said. While the two figures do add up to five per cent, factoring in infrastructure and cybersecurity would change the basis on which NATO calculates defence spending. The seven-year time frame is also short by the alliance's usual standards. Asked at NATO's Brussels headquarters about his demand, Rutte said: "I'm not going to confirm the figures". He said that "there are many rumors floating around" as NATO envoys discuss the new spending goal. NATO foreign ministers are likely to debate the numbers again at a meeting in Antalya, Turkey next Wednesday and Thursday. Rutte reaffirmed his public position that: "if we stick at the two per cent, we cannot defend ourselves. So we have to really increase defense spending". Standing alongside Rutte, Chancellor Friedrich Merz said that for Germany currently, each one per cent of GDP represents around 45 billion euros ($A80 billion). Germany was estimated to have spent 2.1 per cent on its military budget last year, according to NATO figures. But Merz said that NATO allies "also need to discuss infrastructure as well," including civilian infrastructure – roads, bridges, air and seaports – so that armies can move more quickly around Europe, and not just pure military spending. It remains difficult to see how many allies might reach even 3.5 per cent. NATO's most recent estimates show that 22 allies would reach the two per cent goal last year, compared to a previous forecast of 23. Belgium, Canada, Croatia, Italy, Luxembourg, Montenegro, Portugal, Slovenia and Spain would not, although Spain does expect to reach the two per cent goal in 2025, a year too late. Even the United States was estimated to have spent 3.19 per cent of GDP in 2024, down from 3.68 per cent a decade ago when all members vowed to increase spending after Russia annexed Ukraine's Crimean Peninsula. It's the only ally whose spending has dropped. Dutch Prime Minister Dick Schoof says the NATO's chief wants the 32 member countries to agree to start spending at least 3.5 per cent of gross domestic product on their defence budgets at a summit in the Netherlands next month. In 2023, as Russia's full-scale invasion of Ukraine entered its second year, NATO leaders agreed that all allies should spend at least two per cent of GDP. They are expected to set a new goal at a meeting in The Hague on June 25. President Donald Trump insists that US allies should commit to spending at least five per cent, but that would require investment at an unprecedented scale. Still, Trump has cast doubt over whether the United States would defend allies that spend too little. Schoof told reporters that NATO Secretary-General Mark Rutte has written to the member nations to tell them that "he expects the NATO summit to aim for 3.5 per cent hard military spending by 2032". Rutte also wrote that he expects a commitment to "1.5 per cent related spending such as infrastructure, cybersecurity and things like that. Also achievable by 2032," Schoof said. While the two figures do add up to five per cent, factoring in infrastructure and cybersecurity would change the basis on which NATO calculates defence spending. The seven-year time frame is also short by the alliance's usual standards. Asked at NATO's Brussels headquarters about his demand, Rutte said: "I'm not going to confirm the figures". He said that "there are many rumors floating around" as NATO envoys discuss the new spending goal. NATO foreign ministers are likely to debate the numbers again at a meeting in Antalya, Turkey next Wednesday and Thursday. Rutte reaffirmed his public position that: "if we stick at the two per cent, we cannot defend ourselves. So we have to really increase defense spending". Standing alongside Rutte, Chancellor Friedrich Merz said that for Germany currently, each one per cent of GDP represents around 45 billion euros ($A80 billion). Germany was estimated to have spent 2.1 per cent on its military budget last year, according to NATO figures. But Merz said that NATO allies "also need to discuss infrastructure as well," including civilian infrastructure – roads, bridges, air and seaports – so that armies can move more quickly around Europe, and not just pure military spending. It remains difficult to see how many allies might reach even 3.5 per cent. NATO's most recent estimates show that 22 allies would reach the two per cent goal last year, compared to a previous forecast of 23. Belgium, Canada, Croatia, Italy, Luxembourg, Montenegro, Portugal, Slovenia and Spain would not, although Spain does expect to reach the two per cent goal in 2025, a year too late. Even the United States was estimated to have spent 3.19 per cent of GDP in 2024, down from 3.68 per cent a decade ago when all members vowed to increase spending after Russia annexed Ukraine's Crimean Peninsula. It's the only ally whose spending has dropped.
West Australian
09-05-2025
- Business
- West Australian
NATO calls for 3.5% of GDP on defence budgets: Dutch PM
Dutch Prime Minister Dick Schoof says the NATO's chief wants the 32 member countries to agree to start spending at least 3.5 per cent of gross domestic product on their defence budgets at a summit in the Netherlands next month. In 2023, as Russia's full-scale invasion of Ukraine entered its second year, NATO leaders agreed that all allies should spend at least two per cent of GDP. They are expected to set a new goal at a meeting in The Hague on June 25. President Donald Trump insists that US allies should commit to spending at least five per cent, but that would require investment at an unprecedented scale. Still, Trump has cast doubt over whether the United States would defend allies that spend too little. Schoof told reporters that NATO Secretary-General Mark Rutte has written to the member nations to tell them that "he expects the NATO summit to aim for 3.5 per cent hard military spending by 2032". Rutte also wrote that he expects a commitment to "1.5 per cent related spending such as infrastructure, cybersecurity and things like that. Also achievable by 2032," Schoof said. While the two figures do add up to five per cent, factoring in infrastructure and cybersecurity would change the basis on which NATO calculates defence spending. The seven-year time frame is also short by the alliance's usual standards. Asked at NATO's Brussels headquarters about his demand, Rutte said: "I'm not going to confirm the figures". He said that "there are many rumors floating around" as NATO envoys discuss the new spending goal. NATO foreign ministers are likely to debate the numbers again at a meeting in Antalya, Turkey next Wednesday and Thursday. Rutte reaffirmed his public position that: "if we stick at the two per cent, we cannot defend ourselves. So we have to really increase defense spending". Standing alongside Rutte, Chancellor Friedrich Merz said that for Germany currently, each one per cent of GDP represents around 45 billion euros ($A80 billion). Germany was estimated to have spent 2.1 per cent on its military budget last year, according to NATO figures. But Merz said that NATO allies "also need to discuss infrastructure as well," including civilian infrastructure – roads, bridges, air and seaports – so that armies can move more quickly around Europe, and not just pure military spending. It remains difficult to see how many allies might reach even 3.5 per cent. NATO's most recent estimates show that 22 allies would reach the two per cent goal last year, compared to a previous forecast of 23. Belgium, Canada, Croatia, Italy, Luxembourg, Montenegro, Portugal, Slovenia and Spain would not, although Spain does expect to reach the two per cent goal in 2025, a year too late. Even the United States was estimated to have spent 3.19 per cent of GDP in 2024, down from 3.68 per cent a decade ago when all members vowed to increase spending after Russia annexed Ukraine's Crimean Peninsula. It's the only ally whose spending has dropped.
Perth Now
09-05-2025
- Business
- Perth Now
NATO calls for 3.5% of GDP on defence budgets: Dutch PM
Dutch Prime Minister Dick Schoof says the NATO's chief wants the 32 member countries to agree to start spending at least 3.5 per cent of gross domestic product on their defence budgets at a summit in the Netherlands next month. In 2023, as Russia's full-scale invasion of Ukraine entered its second year, NATO leaders agreed that all allies should spend at least two per cent of GDP. They are expected to set a new goal at a meeting in The Hague on June 25. President Donald Trump insists that US allies should commit to spending at least five per cent, but that would require investment at an unprecedented scale. Still, Trump has cast doubt over whether the United States would defend allies that spend too little. Schoof told reporters that NATO Secretary-General Mark Rutte has written to the member nations to tell them that "he expects the NATO summit to aim for 3.5 per cent hard military spending by 2032". Rutte also wrote that he expects a commitment to "1.5 per cent related spending such as infrastructure, cybersecurity and things like that. Also achievable by 2032," Schoof said. While the two figures do add up to five per cent, factoring in infrastructure and cybersecurity would change the basis on which NATO calculates defence spending. The seven-year time frame is also short by the alliance's usual standards. Asked at NATO's Brussels headquarters about his demand, Rutte said: "I'm not going to confirm the figures". He said that "there are many rumors floating around" as NATO envoys discuss the new spending goal. NATO foreign ministers are likely to debate the numbers again at a meeting in Antalya, Turkey next Wednesday and Thursday. Rutte reaffirmed his public position that: "if we stick at the two per cent, we cannot defend ourselves. So we have to really increase defense spending". Standing alongside Rutte, Chancellor Friedrich Merz said that for Germany currently, each one per cent of GDP represents around 45 billion euros ($A80 billion). Germany was estimated to have spent 2.1 per cent on its military budget last year, according to NATO figures. But Merz said that NATO allies "also need to discuss infrastructure as well," including civilian infrastructure – roads, bridges, air and seaports – so that armies can move more quickly around Europe, and not just pure military spending. It remains difficult to see how many allies might reach even 3.5 per cent. NATO's most recent estimates show that 22 allies would reach the two per cent goal last year, compared to a previous forecast of 23. Belgium, Canada, Croatia, Italy, Luxembourg, Montenegro, Portugal, Slovenia and Spain would not, although Spain does expect to reach the two per cent goal in 2025, a year too late. Even the United States was estimated to have spent 3.19 per cent of GDP in 2024, down from 3.68 per cent a decade ago when all members vowed to increase spending after Russia annexed Ukraine's Crimean Peninsula. It's the only ally whose spending has dropped.
