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Lexus

Light Vehicle Sales Continue to Rebound as Microchip Shortage Squeezes Supply

Automakers reported impressive monthly results, showing increases that ranged from 40% to 70% compared to unit sales during the pandemic.

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Kelley Blue Book Names Winners of 10th Annual 5-Year Cost to Own Awards

Honoring new-vehicle brands, models with lowest projected ownership costs to help shoppers save money.

Dealerware Selected to Support Lexus’ Leadership in Customer Service Experiences

Dealerware’s mobile-first connected car platform accelerates customer service, provides tools for automated cost recovery and is supported by the most comprehensive and responsive customer success team in the industry.

Autotrader Names Best Non-Luxury and Best Luxury Certified Pre-Owned Programs for 2020

Autotrader announced the 2020 Best Non-Luxury and Luxury Certified Pre-Owned Programs for 2020. Since today’s car shoppers are focused on value and affordability, CPO is a perfect option for a cheaper vehicle that has a manufacturer-backed warranty.

Frontier Leads Early Wave of Lease Price Drops

The latest report from Wantalease.com finds several factories already offering lease discounts ahead of the usual year-end rush.

Lexus Dominates 2019 Resale Value Awards

J.D. Power unveiled its latest Resale Value Awards for mass-market and luxury vehicles, including six model-level awards for Lexus and four more for Toyota.

Dealer Sues Over Lexus Point Lost in 1989

Longtime Wichita, Kan., Toyota dealer Mike Steven has sued the factory’s luxury division, claiming more than $120 million in damages stemming from a 30-year-old dispute over an unawarded Lexus franchise.

JDP: Subaru, Lexus Lead Brand Loyalty Rankings

Subaru led all U.S.-sold marques in J.D. Power’s first-ever brand loyalty study, recapturing 61.5% of owners who completed a trade-in or purchase between June 2018 and May 2019.

Roadster to Drive Toyota, MBUSA Digital Retail Programs

U.S. Toyota and Mercedes-Benz dealers will have access to factory-branded versions of Roadster’s Express Storefront online-to-instore commerce platform starting this month.

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Study: Tesla Drivers Have Highest Credit Scores

An analysis of more than 35,000 loans for pre-owned vehicles on the LendingTree platform finds Tesla, Porsche, and Lexus buyers had the highest average credit scores.

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