Toyota has unveiled the new Toyota New Global Architecture (TNGA), which will improve core vehicle performance, product appeal by using lighter and more compact components and lower centre of gravity. In addition it will reduce the the cost of introducing new models.
By 2020, Toyota expects that approximately half of its vehicles sold worldwide are based on the new architecture.
“Sudden and drastic changes in the business environment mean that conventional ways of thinking and doing business can no longer help us grow sustainably. We are at a crossroads where we must now build a new business model.”
– Toyota President Akio Toyoda
Toyota will launch the first midsize front-wheel drive vehicle using the new platform later this year, followed by other new platforms for other compact and larger vehicles with both front-wheel and rear-wheel drive.
In addition Toyota will also introduce new motors for the TNGA, offering improved fuel efficiency by approximately 25 percent and increased overall power output by more than 15 percent.
New hybrid vehicle systems are also expected to improve fuel economy by more than 15 percent.