Subaru has been successful even through the recession because they understand who buys their cars, and they are aggressively reaching out to new potential buyers they feel would fit well with the brand.
The estimated, future residual values of Ford Motor Company and General Motors Company vehicles have created an opportunity for the Detroit automakers to be more competitive with their leasing options.
A federal judge in Santa Ana, California has give Toyota Motor Corporation 30 days to surrender the majority of the documents being requested by attorneys representing plaintiffs in a class-action suit.
Manufacturing operations for two of the largest domestic automakers are getting revitalized and reworked to handle production of new models. Old facilities badly in need of modernization will be getting facelifts, chiefly to become ready for production of greener, cleaner vehicles more in line with new U.S. fuel efficiency standards.
Mercury’s shutdown means that Ford Motor Company will be putting more effort into developing and marketing the Lincoln luxury line, but it also could mean that dealer consolidation will happen faster than expected. Some Mercury dealerships will lose their franchises in the process.
Despite recalls of over eight million vehicles, congressional hearings and hundreds of lawsuits arising from unintentional acceleration problems with its vehicles, Toyota Motor Corporation’s Camry still managed to make last month’s list of top-selling cars in the U.S.
A new U.S. government study indicates that new automotive technologies may boost mileage by as much as 50%, but could also add up to $9,000 to the cost of the new vehicles.