Retail
THE TOYOTA RECALL CRISIS
Toyota readies Prius ‘solution,' speeds delivery of pedal parts
12:01 am U.S. ET | Feb. 8
Toyota Motor Sales U.S.A. Inc. told dealers that it is preparing to resolve brake concerns on the Prius hybrid while speeding up the delivery of parts to prevent gas pedals from sticking on eight recalled vehicles.... Read More » Comments [0] | Recommendations [0]
Advertising
Behind the scenes of Bridgestone's Super Bowl spots
9:18 am U.S. ET | Feb. 8
While huge marketers such as PepsiCo dropped out and legacy ones such as General Motors didn't come back, Bridgestone returned to the big game in 2010 -- the final year in a three-year, estimated $10 million deal its ad agency, Dallas-based Richards Group, persuaded it to ink as a means to goose...... Read More »
Trauma at Toyota: Sales, image skid
12:01 am U.S. ET | Feb. 8
Toyota's meltdown has led thousands of car buyers to cross the brand off their shopping lists and has sent the company's vaunted image into free fall. Toyota Motor Sales U.S.A. says it expects to lose 80,000 sales this year because of its escalating safety crisis.... Read More »
- Reinstatement may pit dealer against dealer | Feb. 8, 12:01 am U.S. ET
Sales
With Toyota on the rocks, Detroit 3 surge
12:01 am U.S. ET | Feb. 8
The Detroit 3 gained a chunk of U.S. market share on their competitors from Japan in January, taking 45.1 percent of January sales compared with 38.1 percent for the Japanese. Indeed, it was the eighth month in the past 12 months in which the domestics gained ground on the Japanese.... Read More »
Dealers
Finance & Insurance
With deal done, Saab focuses on financing
12:01 am U.S. ET | Feb. 1
Victor Muller, CEO of Spyker Cars NV and Saab's new owner, has no plans to reduce Saab's dealer network immediately and hopes to forge a long-term deal with GMAC Financial Services to be the Swedish brand's primary lender.... Read More »
Marketing
No more push: How Detroit stopped overproducing
12:01 am U.S. ET | Feb. 8
Mike Jackson saw it coming, the tsunami that would wash over the Detroit 3 thanks to their push production system -- a system that would spawn multibillion-dollar losses even in big sales years.... Read More »
Remarketing
REMARKETING
ADESA ties growth goals to dealer services
12:01 am U.S. ET | Feb. 8
Jim Hallett is betting that an understanding of what dealers want when buying and selling used vehicles at auction can power his company’s growth as a public company. Hallett is CEO of KAR Auction Services, which owns auction company ADESA Inc.... Read More »
Service & Parts
THE TOYOTA RECALL CRISIS
Toyota to recall Prius in Japan to fix brakes
10:59 pm U.S. ET | Feb. 8
Toyota Motor Corp. plans to recall its popular Prius hybrid in Japan on Tuesday, on its way to similar safety campaigns in the United States and other countries. Details of the planned recall were not immediately available.... Read More »
NADA
NADA PREVIEW
Tonkin: 2010 is a time to heal wounds
12:01 am U.S. ET | Feb. 8
Ed Tonkin takes over as chairman of the National Automobile Dealers Association after a year fraught with problems for dealers and the industry. More than 1,700 dealerships closed last year, most because of financial problems or rejections by Chrysler Group and General Motors Co.... Read More »
Automotive News TV
» Today's newscast
• Prius recall in works?
• Toyota fights for image
• Best Super Bowl ads
Mon., February 8
• Prius recall in works?
• Toyota fights for image
• Best Super Bowl ads
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