Tie For No.1 Among GM, F, And Toyota While Hyundai Falters
Hyundai has been the star of the domestic car industry for over a year, as it picked up market share with its slick new cars and relatively low prices. Its status was knocked down a…
Cars and Drivers
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Newest first · Page 307Incentivitis Hits The Car Industry
Most economists would reason that as demand for a product rises so should a producer’s opportunity to raise or at least hold price steady. The auto and airline industries have ignored that rule for…
GM To Pay US $1 Billion
The latest sign of the improbable recovery of GM is that it will pay the Treasury back $1 billion. According to The Wall Street Journal, it would be another step to bring down the…
Toyota Sales Incentives May Cost Firm Record Rebates
Research firm Trucar expects Toyota (TM) to spend $395 million on incentives this month. The company’s incentive per car will be 37% higher than in February and 47% higher than they was in March 2009. Auto…
Toyota Shareholders Sue Over Falling Stock Price
Toyota (TM) is already facing product liability suits over defects in its recalled cars. The settlement to people who claim injury could hit $5 billion according to several industry experts. But, liability suits are…
Car Sales To Have Huge Surge In March But At Big Cost To Firms
Edmunds reports that incentives have increased the public’s “intent to purchase” Toyota’s by 40% in March. That may help the Japanese car company some, but its competitors have rolled out incentives as well. Car sales…
Toyota (TM) Brands Dominate JP Power Dependability Survey, Discontinued GM Cars Do Well
Toyota (TM) dominated the 2010 JD Power Vehicle Dependability Survey. Granted, the poll looks back over a period of a year. Power describes the methodology as “original vehicle owners were asked to report the type and number of…
Signs Of The Apocalypse: Honda Recalls 410,000 Cars
Every car sold in America, and perhaps the rest of the world, is broken or dangerous to drive so it seems. Toyota (TM) has recalled more than eight million cars. Ford (F) says there are…
Toyota (TM) Plans To Regain All Of US Market Share
Toyota’s US sales are recovering in March, as improbable as that may seem. Industry research group Edmunds.com said the Japanese company’s zero percent incentive plan has brought Toyota’s market share in the US back up…
No Signs Of Intelligent Life At VW
Like GM and Toyota (TM) before it, VW aims to be the largest car company in the world within a few years with a huge lead over its competition. In the meantime, VW said that…
A $10 Billion Price Tag For Toyota (TM) Recalls
The price tag for Toyota’s (TM) massive recall of eight of its popular models plus the Prius hybrid and its Tundra truck is estimated as high as $5 billion according to experts surveyed by…
Now Prius Has Accelerator Problem
“What can go wrong, will go wrong”–Murphy’s law A California Highway Patrol officer had to help the driver of a runaway Prius stop his car after its hit 94 miles per hour. The Prius…
Toyota, Guilty As Sin, Tries To Muddy The Waters
Toyota (TM), clearly the builder of millions of cars with brake and accelerator problems, has tried to change the public’s focus away from its recalls, government investigations, and what will be multibillion liability suits. The Japanese car company says ABC News…
Toyota (TM) Owners Don’t Care About Recalls
The Toyota brand may be much more resilient than most experts would ever have imagined. That is bad new for its primary competitors in the US market–GM, Ford (F), Chrysler, Honda (HMC), and Nissan.
Prius Sales Accelerate In Japan
The market may have overestimated the effects that Toyota’s 8.5 million global vehicle recall would have on the company’s future sales. In the US, the Japanese car company only sold 10% fewer units in…