Along with updates by Honda, Nissan and Mazda, Toyota shared its plans to bring more production plants back to action after the earthquake and tsunami that rocked Japan two weeks ago. Toyota said Thursday it will resume Japanese production Monday of Prius along with the Lexus CT 250h and HS 250h. Officials indicated the Prius […] [Read More]

Even though fuel costs have skyrocketed and inventory levels are dipping, the industry’s new-vehicle retail sales don’t seem to have gone off course, according to J.D. Power and Associates. Interestingly enough, the firm found that inventory “uncertainty” may actually be pushing consumer demand. [Read More]

Late Wednesday, Subaru of America revealed who will take the place of Yoshio Hasunuma as chairman, president and chief executive officer effective April 1. Being promoted into the role is Takeshi Tachimori, who currently serves as corporate senior vice president and chief general manager of the Subaru product and portfolio planning division at Fuji Heavy […] [Read More]

Conference organizers recently highlighted that this year’s Auto Remarketing Canada: Canada’s Used-Car Conference will feature a special event for hockey lovers. All AR Canada 2011 attendees are invited for an evening of fun and games at the Hockey Hall of Fame on April 13 following the conference reception. This unique event, sponsored by ADESA, Auto […] [Read More]

The Hertz Corp. and its car rental units revealed expansion plans earlier this week for their franchise network, as the company aims to bolster its footprint in the airport and off-airport car rental segments. “Hertz is expanding its franchisee network to accelerate growth in certain key U.S. car rental markets, which, we believe, can happen […] [Read More]

In less than one month, the CarMark Certified Pre-Owned program has added four new dealerships and one three-location dealer group to the growing list of dealerships offering CarMark vehicles. The seven new locations are: —Belle Mead Garage in Belle Mead, N.J. —Bert Ogden Edinburg Mazda in Edinburg, Texas —Davis Automotive Group in Solon, Ohio —BMW […] [Read More]

Mercedes-Benz USA unveiled a few shifts in its leadership on Wednesday, as it appointed five general manager positions spread throughout corporate headquarters and its Northeast region. Beginning with the new general manager of the Northeast region, filling this role is Andrew Gillman, whose most recent post with Mercedes-Benz was as general manager of vehicle logistics […] [Read More]

Dollar Thrifty Automotive Group offered a revised guidance for full-year Corporate Adjusted EBITDA and fleet costs projections on Tuesday, while also giving its preliminary expectations for its first quarter 2011 performance. More specifically, Dollar Thrifty believes that its Corporate Adjusted EBITDA will come in between $235 million and $260 million, when merger-related costs are taken […] [Read More]

An automotive group based out of the Southwest has expanded upon its footprint in Arizona, bringing Five Star Ford dealership in Scottsdale, Ariz., into its network. With the latest addition, Chapman Automotive Group, based out of Chandler, Ariz., now includes 19 dealerships in Arizona along with its pair of stores in Nevada. Chapman chief executive […] [Read More]

Hyundai is recalling a multitude of Elantra models for two separate issues related to sensors for air bag deployment in the vehicle’s front seats. According to the National Highway Traffic Safety Administration’s website, the recall includes 188,697 Elantra units from 2007 through to 2009 to fix an air bag condition on the passenger side. Meanwhile, […] [Read More]