Estimated automotive inventories have fallen for the second consecutive month as dealers continue to sell off existing stocks while automakers work through the end of their traditional summer production shutdowns and model-year changeovers.
Toyota and Lexus dealers from across the U.S. had their first in-depth look last week at a fundamentally different way to retail automobiles — one that may eventually allow customers to purchase, finance and schedule service all from the comfort of their own computer.
For the Japanese luxury brand, which bought the naming rights under a four-year agreement in late 2017, the Velodrome is a way to boost brand recognition along a busy corridor in the heart of Detroit.
The brand's $50 billion dollar electric makeover includes the ID4 crossover, planned for the U.S. in 2020.
The brand may be late to join the industry's move away from small cars toward light trucks, but its pace is accelerating.
VW's U.S. sales were up 6.1 percent through July. If the trend continues, the brand this year will top levels last seen before its emissions scandal.
Toyota Financial Services' expansion into the service of a competitor — in this case, Mazda Motor of America Inc. — might be more of a "first of many" rather than a "one and done."
Ferdinand Piech's accomplishments as an engineer and executive should be celebrated for their lasting impact on the industry. But those accomplishments are tarnished on balance by the knowledge of what else occurred under his ever watchful eye.
Toyota's luxury off-roader nameplate has been in the U.S for more than 60 years, but a journalist says the current generation may be the last in the market.
Customers can sign up now for the RS 6 Savant, which is coming to the U.S. market in 2020.