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At the magazine’s annual conference, finance executives reflected on the trends that defined 2011 and reaffirmed their commitment to the indirect lending channel in the year ahead.
Read More →Retail sales rose 11.4 percent in January, with the industry pacing at a 14.18 million seasonally adjusted annual sales rate — the highest rate since the government’s Cash for Clunkers program in August 2009, according to AutoData.
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The industry shifts its gaze to leasing as the segment realizes gains and prompts dealers to update their processes.
Read More →Kelley Blue Book announced that Toyota reclaimed the No. 1 spot for brand loyalty on the site in the fourth quarter, a position it last held in 2010
Read More →Southeast Toyota Distributors LLC announced the promotions of Kevin Fleeger to group vice president of operations and Wayne Crater to vice president of parts supply and distribution.
Read More →Toyota, Lexus and their respective finance divisions announced they are offering special APRs and rebates to qualified military personnel and inactive reserves looking to purchase a new car.
Read More →Autodata Corp. estimated that U.S. auto sales reached 12.8 million units last year, marking the best year for auto sales since 2008 if the stat holds. Big winners were General Motors, Ford and Chrysler, with GM reclaiming the top spot in world vehicle sales two years after it emerged from its U.S.-backed bankruptcy.
Read More →November proved to be another strong month for automakers, with light vehicle sales pacing at a 13.63 million SAAR — the highest rate this year, according to Autodata Corp.
Read More →Toyota improved its 60-month average residual value by 2 percentage points compared to its 2011 average, allowing the company to best Subaru, last years' winner.
Read More →ALG’s Fall 2011 Perceived Quality Study revealed that Toyota’s perceived quality score rose more than 2 percent over the last six months while Lexus once again came out on top among luxury brands.
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