Retail
Honda Issues Recall for 167,000 Acura TSX Models
Auto Remarketing
TORRANCE, Calif. — Honda executives late last week announced they're recalling approximately 167,000 Acura TSX vehicles to replace a power steering hose. The automaker indicated that affected TSX vehicles are from the 2004 through 2008 model years sold in the United States. Each recalled unit is equipped with the 2.4-liter inline 4-cylinder engine. Brand officials explained […] [Read More]
Toyota Adds Quality Design Division, Shuffles Execs
Auto Remarketing
TOYOTA CITY, Japan — Toyota Motor Corp. announced late last week that it has initiated organizational and executive responsibility changes to shore up its quality issues stemming from ongoing recall turmoil. The automaker has created a new design quality innovation division, which will reside under the technical innovation group. Toyota indicated that its decision alters its […] [Read More]
Marchionne Addresses Dealer Reinstatements at NADA/IHS Insight Forum
Auto Group Editor Jennifer Reed
NEW YORK — As Sergio Marchionne, chief executive officer of Chrysler, took to the stage on Wednesday for the NADA/IHS Global Insight Automotive Forum in New York, he said the important role that dealers play in his company's reconstruction cannot be overstated. "The development of a quality distribution network was a key element in the turnaround […] [Read More]
Toyota Announces Game Plan After First Global Quality Meeting
Auto Group Editor Jennifer Reed
TOKYO — This week, Toyota laid out some plans detailing how the automaker intends to ensure quality and safety levels for its vehicles across the globe. For instance, as a part of Toyota's first meeting of its Special Committee for Global Quality, the automaker announced it has decided to increase the number of technology offices in North America […] [Read More]
AOL Autos: Leasing Deals Abundant in March
Auto Remarketing
DETROIT — The highlights of the best leasing offers during March were the attractive rates offered in the "hotly contested" family and compact segments, according to the Best March Lease Deals report from AOL Autos. Among some of the deals AOL Autos shared, the Nissan Sentra compact car was leasing for as low as $149 per month […] [Read More]
Nissan Pinpoints Purchase, Lease Prices for 2011 LEAF
Auto Remarketing
FRANKLIN, Tenn. — Nissan North America this week revealed U.S. pricing for the 2011 LEAF. This electric vehicle becomes available for purchase or lease at Nissan dealers in select markets this December and nationwide next year. The vehicle is fully eligible for a $7,500 federal tax credit, pushing the MSRP of $32,780 down to $25,280. The […] [Read More]
Suzuki to Launch Free Gas Promotion
Auto Remarketing
BREA, Calif. — To help its dealer body drum up sales, Suzuki is rolling out an incentive program that offers consumers three months of free gas during a period when finding ways to save on fuel can be crucial: summer. Starting Saturday and going through Aug. 31, Suzuki is offering its "Free Gas for Summer" promotion, […] [Read More]
Used, New Sales Help Push Asbury to Strong 1Q Growth
Auto Remarketing
DULUTH, Ga. — A "blowout March" spurred by pent-up demand and hefty automaker incentives helped Asbury Automotive Group increase its first-quarter income from continuing operations by more than $6 million from the year-ago period, the auto retailer announced Thursday. Specifically, Asbury earned $8.9 million from continuing operations, up from income from continuing operations of $2.6 million in […] [Read More]
Nissan Taps New Communications Director
Auto Remarketing
NASHVILLE, Tenn. — Nissan North America this week named a new director of corporate communications to replace Fred Standish, who retired on April 1 after 18 years with the company. Assuming the position as of May 10 will be David Reuter. The automaker is asking Reuter to be responsible for all corporate communications activities including manufacturing […] [Read More]
Lexus Store Reaches Out to Recognize Top Students
Auto Remarketing
RICHMOND, Va. — As part of its commitment to education and the community, Lexus of Richmond is running its 15th Annual Pursuit of Perfection Leadership Award that will award an outstanding high school senior scholar-athlete in the area with a $10,000 scholarship. Here is how the program is designed to work. School principals, guidance counselors and […] [Read More]
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