Toyota, Honda, Hyundai and Kia Sales Plummet in April
The loss leader in this equation was Toyota Motor Corp., which saw April sales volume fall 23%.
May 3, 2022
The loss leader in this equation was Toyota Motor Corp., which saw April sales volume fall 23%.
May 3, 2022
Toyota Motor Corp. is getting closer to using up a key U.S. tax credit for hybrid and electric vehicles, a situation company leaders say will raise its costs and hinder the adoption of climate-friendly cars.
May 3, 2022
The U.S. auto industry has no shortage of buyers currently, but it lacks the inventory to satisfy them.
April 6, 2022
Experts predict the Russian invasion of Ukraine could slash global production of new cars and trucks by millions of units in 2022.
March 9, 2022
Tight supply and lower production helps the companies sell vehicles with fewer financial incentives than they traditionally offer.
February 11, 2022
Short supplies of new vehicles drove a dip in consumer loyalty of over 3 percentage points, according to Experian.
December 21, 2021
The automaker’s acceptance of parts it would have thrown away in the past marks a notable change for a company renowned for stringent quality control.
December 9, 2021
Toyota and Lexus franchise dealers can now leverage Tekion’s Automotive Retail Cloud to provide best-in-class, seamless experiences for sales and service consumers.
September 9, 2021
Japanese automaker Toyota plans to spend U$13.5bn to develop electric vehicle battery technology and supply system by 2030.
September 8, 2021
Independent dealers are securing sought-after vehicles despite tight inventory.
August 10, 2021
Toyota saw sales rise to 840,303 units in May, led by swiftly recovering demand in North America.
June 30, 2021
The automaker bases this assessment on a belief that electric vehicles will not catch up to gasoline-powered vehicles in terms of cost and convenience by 2030.
May 14, 2021
Honoring new-vehicle brands, models with lowest projected ownership costs to help shoppers save money.
April 28, 2021
A study by CarGurus Inc. released this week finds Americans may need less encouragement than originally believed to make the switch to electric cars and trucks.
April 16, 2021
At a time when it was sink or swim for many dealerships, Brian Kramer rose to the challenge and turned lost time into a digital transformation.
December 29, 2020
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