Toyota’s rebound from negative recall ramifications appears to be gaining more steam thanks to the results of the spring 2011 Perceived Quality Study from ALG. The study showed Toyota’s perceived quality score rose 4 percent during the last six months and Lexus once again captured the luxury category’s highest perceived quality rating in 2011. On […] [Read More]

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]

Spokespersons for both General Motors and Chrysler confirmed to Auto Remarketing this week that the two companies have both separately sued Allied Systems Holdings for allegedly withholding property of the respective automakers against their wills. In Detroit, GM filed a suit Monday against Allied Systems in federal court. Meanwhile, Chrysler filed its suit Tuesday in […] [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]

ADESA revealed Thursday that one of its facilities recently was honored with three top awards from VW Credit. The company noted that the three awards that ADESA Golden Gate was presented were: —2010 Top Performing Pre-Qualification Center for Audi Financial Services —2010 Overall Pre-Qualification Center of the Year for VW Credit, Inc. —2010 Top Performing […] [Read More]

With a projected ratio of two used-vehicle sales for every one new-unit sale this month, TrueCar.com indicated Thursday that March’s used-vehicle sales total is likely to be 2,459,891 — a figure that includes transactions by franchise and independent dealerships as well as private-party sales. If that estimate holds, the site calculated the total would represent […] [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]

The Barrett-Jackson Auction Co. is kicking off its Collector Car Auction Week in Palm Beach, Fla., on Saturday with its the Second Annual Barrett-Jackson Palm Beach Road Rally. The week concludes April 7-9 at the South Florida Fairgrounds for the main event that will include hundreds of cars for sale. The route of the Road Rally […] [Read More]

Canada-based Quorum Information Technologies has formed a partnership with the Carfolks.com auto retail marketing platform. The partnership can help dealers more effectively keep tabs on their online reputations, correct issues when needed and spread the word about favorable reviews from consumers, officials indicated. The site contends it is the “only automotive retailer and sales professional […] [Read More]

Used-vehicle prices in Canada are on the cusp of a hike, according to the Automobile Protection Agency, which said in its Annual Review of the Auto Industry this week that the cause of these impending increases will be the fact that supplies are limited. “Ford, GM and Chrysler virtually stopped leasing new vehicles three years […] [Read More]