NEW YORK — Although Toyota has had a “fantastic reputation for value and quality,” a self-critical assessment has driven the automaker to work on “bringing the passion” out of its vehicles to appeal to a new generation of buyers, Bob Carter, the executive responsible for the automaker’s operations in North America, which include the U.S. mainland, Puerto Rico and Canada, said.
Business magazine “Fast Company” included Toyota on its list of the 50 most innovative companies in the world, based mainly on the launch of the Toyota Mirai, the first fuel cell vehicle to be manufactured on a mass-market basis.
The Puerto Rico Senate passed legislation Thursday that exempts electric-powered vehicles from excise taxes as established by Senate Bill 884, which proposes the "Act for the Promotion of Vehicles Powered Mostly by Electricity.”