Toyota to Build Brand Excellence with New Sports Cars

President of Toyota Motor Corporation, Akio Toyoda, is a huge fan of racing and believes this may be one solid way to improve the reputation of the automaker, still suffering lowered consumer confidence levels due to massive global recalls during the past year.

Posted in In the News

Prices for Used SUVs and Crossovers Up 30% Year-to-Year in July

According to a new report from Edmunds.com, used sports utility vehicles and crossovers are selling for 30% more at retail than they did in 2009. While prices for used vehicles of all types remain high, they retreated again last month from the record high levels they reached last spring.

Posted in In the News

Scion xD Missing the Mark with Consumers

Despite its strong record for reliability and a recommendation from Consumer Reports, the Scion xD can’t seem to get any traction with U.S. motorists.

Posted in In the News

Coda Automotive to Launch All-Electric Model this Year

Santa Monica-based CODA Automotive plans to launch its self-titled plug-in electric car by the end of the year. The launch date will coincide roughly with the much higher profile launches of Nissan’s Leaf AEV and Chevrolet’s Volt plug-in electric car.

Posted in In the News

Know Your Rights When Buying an “As Is” Used Vehicle

As the U.S. economy stumbles toward recovery, used vehicles are an attractive option for many consumers. Unfortunately, the word “used” is a fairly broad term that can apply to a variety of conditions.

Posted in In the News

Obama Touts Economic Benefits of Clean-Energy Technology during Columbus Visit

Speaking to a crowd during a whistle-stop in Columbus, Ohio on Wednesday, President Barack Obama held up Toledo as an example of how America’s manufacturing hubs are reinventing themselves.

Posted in In the News

Volkswagen Phaeton Sedan to Make U.S. Comeback

After a complete redesign, Volkswagen AG will be re-launching its Phaeton sedan in the U.S., where it proved to be less than popular just a few years ago.

Posted in In the News

GM Files for IPO

Papers have now been filed for General Motors Company’s initial public offering. GM plans to list shares on the New York Stock Exchange and the Toronto Stock Exchange after the IPO.

Posted in In the News

Kia Soul Steering Malfunction Prompts Investigation

An incident involving a driver losing steering ability in a two-month old Kia Soul has Kia Motors America and its suppliers investigating their manufacturing processes in an attempt to figure out what went wrong with the almost-new vehicle.

Posted in In the News

Volvo’s New CEO Sees Opportunity in Chinese Market

During a press conference on Wednesday, Volvo’s new CEO Stefan Jacoby said the company may seek partnerships with rival automaker to gain economies of scale in order to be competitive.

Posted in In the News

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