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October 25, 2017 - Industry News

KBB: New-Vehicle Sales Expected to Fall 2% in October

Despite the expected decline, October looks to be relatively strong on strong replacement demand in hurricane-impacted states and higher incentive spending. Kelley Blue Book analysts, however, believe these are indicators that new-vehicle demand is still contracting.

Tags: Fiat Chrysler, Honda, Kelley Blue Book, new-vehicle sales, Nissan, SAAR, Toyota, Volkswagen

September 27, 2017 - Industry News

KBB Puts September's SAAR at 17.5 Million

Kelley Blue Book said replacement demand driven by hurricanes Harvey and Sandy is already being felt in some areas. The firm predicts that will continue into October and potentially November as vehicle insurance payouts are received.

Tags: Hyundai-Kia, Kelley Blue Book, new-vehicle sales, SAAR, Toyota

September 20, 2017 - Industry News

Jumpstart: Interest in Luxury Sport, Coupe Segments Growing

Shoppers on Jumpstart Automotive Media’s portfolio of automotive publishers are gravitating toward the luxury sport, coupe, luxury sport sedan, and large SUV categories. But the two segments grabbing the most attention are alternative fuel vehicles and subcompact SUVs and CUVs.

Tags: BMW, Jaguar, Jumpstart Automotive, online shoppers, Toyota

September 6, 2017 - Industry News

AIADA: Harvey Takes a Bite Out of August Auto Sales

According to the American International Automobile Dealers Association, Hyundai and Nissan registered significant sales declines in August, while Subaru, Toyota, Volkswagen, and Volvo finished the month on a high note.

Tags: American International Automobile Dealers Associat, Hurricane Harvey, Hyundai, Nissan, Subaru, Toyota, Volkswagen, Volvo

September 5, 2017 - Industry News

Automakers Donate to Hurricane Harvey Relief

Ford, Toyota, Nissan, and other automakers have made cash donations and other contributions to help the victims of Hurricane Harvey in south Texas and other Gulf Coast areas.

Tags: disaster relief, Ford, Hurricane Harvey, Nissan, Subaru, Toyota, Volkswagen, Volvo

April 4, 2017 - Industry News

KBB: New-Car Prices Up 2% in March

Fiat Chrysler and Toyota showed the greatest year-over-year improvement as prices and incentives gained ground last month.

Tags: Average Transaction Price, Fiat Chrysler, Kelley Blue Book, Toyota

February 22, 2017 - Industry News

J.D. Power: Quality Not Exclusive to Highlines

The 2014 Toyota Prius topped J.D. Power’s latest dependability rankings in the compact car segment, one of 10 category wins for the mass-market OEM. Photo courtesy Toyota Motor Sales USA Inc.

J.D. Power’s annual dependability rankings include a strong showing from a number of mass-market manufacturers, including Toyota, General Motors and Hyundai.

Tags: Buick, Dodge, Ford, General Motors, J.D. Power, Land Rover, Lexus, Mercedes-Benz, Porsche, Toyota, Vehicle Dependability

February 15, 2017 - Industry News

No Sedans Among KBB’s Top 12 Family Cars

The 2017 Honda CR-V is the top seller among the two-row SUVs Kelley Blue Book included in its latest list of top family vehicles. Photo courtesy American Honda Motor Co. Inc.

Kelley Blue Book’s list of the best family vehicles for the 2017 model year includes eight SUVs, four minivans, and no sedans.

Tags: Chevrolet, Chrysler, Honda, Kelley Blue Book, Kia, Nissan, Subaru, Toyota

January 12, 2017 - Industry News

automotiveMastermind Adds Toyota to Its Platform

automotiveMastermind, a predictive analytics and marketing automation technology company for automotive dealerships, today announced that Toyota dealerships across the country will now be able to partner with it.

Tags: automotiveMastermind, Data, marketing, technology, Toyota

January 12, 2017 - Industry News

Autodata: December Sales Push 2016 New-Vehicle Sales Above 17.5 Million

The 3.1% year-over-year increase in new-vehicle sales in December was more than enough to push the industry’s annual sales tally above the 17.5 million-unit mark for 2016, according to Autodata Corp.

Tags: Audi, BMW, Chrysler, December, Ford, GM, Honda, Mazda, Mercedes-Benz, Mitsubishi, Nissan, Porsche, SAAR, Toyota, Vehicle Sales, Volkswagen

January 5, 2017 - Industry News

Toyota Developing Cloud-Based Telematics System

Toyota announced it is developing a cloud-connected telematics system that offers improved navigation features, in-vehicle Wi-Fi, and remote connectivity via a smartphone app.

Tags: Connected Vehicle, telematics, Toyota

January 5, 2017 - Industry News

Toyota, Ford Form Organization to Improve Phone-to-Car Connectivity

Ford Motor Co. and Toyota Motor Co. are forming a nonprofit organization that will manage an open source software platform with the goal of providing consumers access to smartphone apps using voice commands and in-vehicle displays.

Tags: Connected Vehicle, Ford, telematics, Toyota

December 6, 2016 - Industry News

New-Vehicle Sales Rise 3.7% in November, Autodata Reports

The industry sold 1.38 million new units in November, a 3.7% increase from a year ago, according to Autodata Corp. November's seasonally adjusted annual rate was 17.87 million, which was slightly lower than last November’s SAAR of 18.25 million.

Tags: Audi, BMW, Chrysler, Ford, GM, Honda, Hyundai, Mazda, Mercedes-Benz, Mitsubishi, Nissan, Novemer, Porsche, Toyota, Vehicle Sales, Volkswagen

November 22, 2016 - Industry News

NADAUCG Releases Retention Rankings for One-Year-Old Models

Photo courtesy of Toyota. 

The NADA Used Car Guide issued a report that examines retention performance for 33 all-new or redesigned mainstream and luxury models. Leading the list were the 2016 Toyota Tacoma, Honda Pilot and Volvo XC90.

Tags: Honda, NADA, NADA Used Car Guide, Toyota, Volvo

November 15, 2016 - Industry News

KBB Announces 2017 Best Buy Awards

Kelley Blue Book announced the winners of its 2017 Best Buy Awards. The big winner was Honda. Not only did it take home four awards, its 2017 Honda Civic was named the Overall Best Buy of 2017.

Tags: Audi, Awards, Best Buy, Chevrolet, Chrysler, Ford, Honda, KBB, Kia, Mercedes-Benz, Porsche, Toyota

November 3, 2016 - Industry News

Sold Calif. Dealership Leaves Customers With Worthless Lifetime Service Package

Customers who bought cars from Hooman Toyota of Long Beach are angry after losing the perks of an offer they paid into following the dealership's change of ownership, NBC 4 News reports.

Tags: advertising, Dealership, Hooman Automotive Group, Toyota

October 19, 2016 - Industry News

Edmunds: Tacoma Truck Owners Are Most Loyal

According to Edmunds estimates, nearly 75% of Tacoma trade-ins this year have gone toward the purchase of another Tacoma. The popularity of Tacoma pickups, the study added, pushed Toyota’s overall truck loyalty rate to about 70%.

Tags: Study, Tacoma, Toyota, Trucks

September 15, 2016 - Industry News

RouteOne Adds Automated Booking to Toyota Financial's e-Contracting Tool

Dealers using both RouteOne and Toyota Financial Services (TFS) will now be able to book TFS electronic contracts through a completely automated process, according to a RouteOne announcement.

Tags: econtracting, RouteOne, Toyota, Toyota Financial Services

June 22, 2016 - Industry News

J.D. Power: Initial Quality Shows Largest Improvement in Seven Years

Kia ended the 27-year reign of premium brands by ranking highest among all nameplates in J.D. Power’s annual study. Overall, new-vehicle quality improved 6%, which was double last year’s 3% improvement.

Tags: General Motors, Hyundai, Initial Quality Study, J.D. Power, Kia, Toyota, Volkswagen

June 21, 2016 - Industry News

RouteOne Brings Econtracting to Southeast Toyota Finance Dealers

RouteOne announced this week that Southeast Toyota Finance, a provider of automotive financing for 176 dealers in the southeastern United States, will now include econtracting on its automotive finance platform.

Tags: econtracting, RouteOne, Southeast Toyota Finance, Toyota

June 14, 2016 - Industry News

Toyota Earns Top Spot in Customer Experience Study

After asking 10,000 U.S. consumers about their dealership experience, the Temkin Group found that the two manufacturers with the highest customer experience ratings were Toyota and Mercedes-Benz, according to Edmunds.com.

Tags: Customer Experience, Edmunds.com, Toyota, Volkswagen

June 8, 2016 - Industry News

Sun Toyota Names New Finance Director

Florida-based Sun Toyota announced today that it has promoted F&I Manager John Ancona to the director's role. He will be responsible for department staffing, training, and operations, as well as cultivating relationships with finance sources.

Tags: F&I, Promotion, Scion, Toyota

May 26, 2016 - Industry News

Toyota, Volkswagen Announce Partnerships With Ride-Hailing Services

Toyota announced a partnership with ride-hailing giant Uber, while Volkswagen forged a pack with lesser-known but reportedly fast-growing Gett. While both OEMs sought out relationships with ride-hailing services, their approach to the partnerships will differ slightly.

Tags: Gett, lease, Ride-Sharing, Toyota, Uber, Volkswagen

May 12, 2016 - Industry News

GM Replacing 88% of Lineup By 2020

General Motors should gain market share by replacing 88% of its light-duty lineup by 2020, while Volkswagen and Korean automakers are relying too heavily on cars with consumer demand shifting toward SUVs and trucks, a Bank of America Merrill Lynch analyst has said.

Tags: Bank of America, Chevrolet, Fiat Chrysler, Ford, General Motors, Hyundai, Kia, Merrill Lynch, Nissan, Toyota, Volkswagen

April 19, 2016 - Industry News

Quakes Shut Down Toyota, Hino Production

Toyota will shut down most of its production of Toyota, Lexus, and Hino vehicles over the coming week, after a pair of deadly earthquakes rocked Japan and caused parts shortages for the automaker.

Tags: Hino, Lexus, Production, Toyota

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