Lexus' 552-hp V-10 halo car, the LFA sports coupe, drives into the sunset at an awkward time for the luxury brand. As Lexus struggles to reinvent itself as an emotional, pulse-pumping brand, the lineup loses the head-turning speed demon that spurred the image makeover in the first place.
Light vehicle sales growth in the United States is projected to slow in 2013, though for the first time since 2007, most forecasts say dealers will sell more than 15 million new cars and trucks. By late next year the monthly selling rate could even approach 16 million.
More than a decade ago the no-dicker sticker was quite the fashion. It came, it conquered, and it quietly disappeared. Now the no-dicker sticker is back in vogue Keith Crain is editor-in-chief of Automotive News.
WMW Inc.'s Honda Carland in Roswell, Ga., argued that since the new point was within eight miles of its service-only operation in Alpharetta, Ga., the new point infringed on its relevant market area. But the Georgia Supreme Court ruled that that wasn't a good-enough basis for a protest.
It shouldn't take this many wake-up calls for Toyota officials to understand that the National Highway Traffic Safety Administration is serious about reporting vehicle safety defects in a timely manner.
Used-vehicle prices in the first quarter are predicted to range from "strong" to down 1 to 2 percent from the year-earlier quarter. That's the consensus of analysts, who also predict that about 240,000 to 400,000 more off-lease vehicles will re-enter the market in 2013 than in 2012.
Industrywide certified used-vehicle sales totaled 147,872 units in November, up 7 percent over November 2011, and totaled 1,678,410 units in the first 11 months of the year, up 6 percent over the same period in 2011, according to data compiled by the Automotive News Data Center and Autodata Corp.
Toyota was the first automaker to bring a compact crossover to the United States. But since 1995, Toyota's dominance of the segment has eroded. It now resides in fourth place in the segment sales race. Toyota hopes its 2013 RAV4 redesign will return the brand to the thick of the chase.
Toyota Motor Corp.’s ongoing battle with unintended acceleration allegations continued last week when it was stung with a record $17.35 million fine by U.S. regulators for delaying the reporting of a similar safety defect.