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Subaru Indiana plant to stop building Toyota Camry

Subaru may be set to end production of the Toyota Camry at its Lafayette, IN facility by 2017, according to a report from the Louisville Journal-Courier and a CBS affiliate in Columbia, South Carolina. Speaking to the plant's Executive Vice President Tom Easterday, the whole affair sounds like a done deal.
"Based on changes in Toyota's production plans, they have decided that the award-winning Camry production contract will not be renewed," Easterday said. Easterday was quick to emphasize that just because Camry production would end, doesn't mean jobs will be lost. "There will be no loss of jobs at SIA as a result of this," he said, before adding that the loss of Camry production will have no impact Subaru's $400 million investment to ready the plant for Impreza production in 2016. That said, adding a promised 900 jobs may take longer than originally planned, as Camry production staff are set to be retrained on Subaru production.
SIA currently has the capacity to produce 100,000 Camrys per year, and began production of the family sedan in 2007 alongside production of the Subaru Outback, Legacy and eventually, the soon-to-be-discontinued Tribeca.

Toyota Tacoma X-Runner dead

A report from last week indicated that Toyota will begin trimming models from its Tacoma lineup starting with the Regular Cab in 2015, but the popular pickup will lose its first variant even sooner than that. For 2014, the Tacoma X-Runner has been dropped, though the company's SR Package could fill the need of those looking for a sporty pickup.
The X-Runner has been around since 2005 with its lowered stance, aftermarket-look body kit and bright paint colors, all of which are offered available only on V6-powered, two-wheel-drive Access Cab Tacomas. The new SR Package sounds like it will offer a somewhat similar appearance, though, with a monotone exterior paint scheme in limited colors accented with smoked headlights, but it will only be offered on Pre-Runner and 4x4 models. Other changes being made to the 2014 Tacoma include a new wheel option with black finish, a wider variety of Entune multimedia features, and the option to have the backup camera display moved from the rearview mirror to the audio system head unit.

Toyota passes BMW as most valuable car brand

An annual market study of the strongest brands across various industries has seen Toyota leapfrog BMW as the world's most valuable automotive brand. Toyota's 2013 brand value rose to $24.5 billion, up 12 percent versus 2012 numbers according to market research company Millward Brown's BrandZ Top 100 Most Valuable Global Brands list. BMW's value fell slightly; down by 2 percent to a total of $24 billion.
Mercedes-Benz finished in third place in the automotive category, up 11 percent from 2012 for a valuation of $18 billion. Honda ($12.4 billion, down 2 percent) and Nissan ($10.2 billion, up 3 percent) rounded out the top five for the category. Volkswagen was the only other auto brand that finished in the top 100 overall, in 100th place. Audi made the greatest percentage gain over 2012, up 18 percent to $5.5 billion, but finished outside of the top 100.
Technology companies dominated the overall list, with Apple, Google and IBM ranking one through three. Couture brand Prada was 2013's biggest gainer, rising by 63 percent over 2012.