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April 20, 2010

Industry Mirrors Economy's Recovery, Says JATO Dynamics

U.S. new-vehicle sales for the first quarter 2010 were 15.7 percent higher than the year-ago period, but the market continues to be on a long road to recovery, according to the latest figures from JATO Dynamics, a provider of automotive data.

April 6, 2010

Incentives Drive 24.3 Percent Surge in March Sales

Fueled by attractive incentives, U.S. automakers sold 1.07 million units in March – the best month since the federal government’s Cash for Clunkers program sent sales skyrocketing last August.

April 6, 2010

Toyota Faces $16.3 Million Fine From NHTSA

U.S. Transportation Secretary Ray LaHood announced yesterday that the National Highway Traffic Safety Administration (NHTSA) is seeking the maximum civil penalty of $16.375 million against Toyota Motor Corporation for failing to notify the auto safety agency of the dangerous “sticky pedal” defect for at least four months.

March 23, 2010

Toyota’s Perceived Quality Drops, Honda Leads Mainstream Brands

Toyota suffered a sharp drop from 1st to 6th place among mainstream brands in ALG Inc.'s Spring 2010 Automotive Consumer Attitudes Survey, leaving Honda with a commanding lead over all other mainstream brands.

March 16, 2010

Hyundai Replaces Toyota as No. 1 in Owner Loyalty

Brand loyalty for Hyundai recently surpassed that of Honda and Toyota, allowing Hyundai's brand loyalty to take the No. 1 spot among car shoppers on Kelley Blue Book's kbb.com, according to Kelley Blue Book Market Intelligence data.

March 5, 2010

Toyota Purchase Intent Soars Nearly 40 Percent After Incentives Announcement

Toyota’s announcement of zero-percent financing and special lease deals generated nearly a 40 percent spike in purchase intent by visitors to Edmunds.com.

March 3, 2010

Toyota February Sales Down 9 Percent, Offers Zero Percent Financing

Toyota Motor Corp.’s monthly sales were down 9 percent in February, and the automaker has launched a nationwide zero percent financing campaign in an effort to reverse the trend.

February 3, 2010

Toyota Already Recovering from Recall, Edmunds.com Says

Edmunds.com has noticed that Toyota purchase intent has risen dramatically since the company announced a fix for its recall.

January 27, 2010

Toyota Temporarily Suspends Sales of Selected Vehicles

Toyota Motor Sales (TMS) U.S.A. Inc. announced yesterday that it is instructing Toyota dealers to temporarily suspend sales of eight models involved in the recall for sticking accelerator pedal.

July 28, 2009

Toyota Offers Special Lease Rates for CARS Participants

Toyota is offering regional lease rates to consumers participating in the government’s Car Allowance Rebate System (CARS).