Jon Lancaster Toyota

Automakers based out of Japan are having trouble with the current rise of Yen, Japan's currency. Toyota is one of the world's largest auto makers, but since many of their vehicles are exported to the US, they could lose billions as their home town dollar increases.

The situation has gotten so bad that Toyota has asked their government to step in. Toyota is using its role as huge industry player to threaten a move out of Japan if things don't get better for their financial situation. However, late last week Toyota reported 8.7 billion yen ($1…

Toyota recently partnered up with the electric car maker, Tesla, and produced an updated version of a car that has been around for years. The vehicle is actually one they've actually produced on and off since the 90's.. The RAV4 EV is coming in an all new way.

Toyota and Tesla are keeping quiet on exact specs, but you can probably expect a version of the motor found in Tesla's Model S electric saloon. It will probably also feature the Model S batteries, which provide 160, 230 or 300 miles of driving range.

The RAV4 is a…