Tundra Put On Ice. Again.
Automotive News is reporting that Toyota has frozen development of a heavy-duty version of its Tundra pickup, again.
In September 2006, Automotive News first reported that Toyota's HD program had been unofficially shelved, likely due to deteriorating market conditions for full-size trucks.
Just over a year later, the hopes of Toyota truck enthusiasts were raised at the 2007 SEMA Show, when the company teased with its diesel-powered Tundra heavy-duty "project vehicle." Toyota spokespersons said the giant dual rear wheel show truck was not an indication that the company wanted to enter the three-quarter-ton and one-ton segments.
Hopes grew higher this past June, following a report from Edmunds that said a powerful 7.0-liter V-8 diesel engine was being readied for all-new heavy-duty Toyota Tundra models, expected by 2012.
The high price of diesel fuel and a crash in resale values of diesel-powered pickups appear to be the cause for Toyota's latest heavy-duty program suspension.
Automotive News is also reporting that a new 4.6-liter V-8 gas engine will replace the current base 4.7-liter V-8 in the light-duty Toyota Tundra by 2010. The 4.6-liter V-8 is said to deliver an additional 30-horsepower and 2 mpg over the 4.7-liter V-8, currently rated at 276-horsepower and 313 pounds-feet of torque and 14/17 mpg city/highway in 4x2 regular cab configuration and 13/16 mpg city/highway in 4x4 regular cab configuration.