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News By Topic: Automobile Dealers

August 2019 Toyota Lexus North America Sales Report

August 2019 Toyota Lexus North America Sales Report

Toyota Motor North America (TMNA) today reported August 2019 sales of 248,334 vehicles, an increase of 11.3 percent on a volume basis and up 7.4 percent on daily selling rate (DSR) basis versus August 2018. Toyota division achieved a best-ever August, posting sales of 218,403 units, up 12.3 percent on a volume basis an ... Continue reading

An Open Letter to Barry Ritholtz and Bloomberg About Ethanol - with responses and additional replies

An Open Letter to Barry Ritholtz and Bloomberg About Ethanol - with responses and additional replies

I want you to know that regardless of how much criticism you receive about the article and the information you presented that you are not the biggest knucklehead disseminating lies and incorrect information about ethanol, you are merely the latest knucklehead to do so. It appears that about the only thing you got right ... Continue reading

Arrivederci Fiat 500 and 500e In North America

Arrivederci Fiat 500 and 500e In North America

FIAT will discontinue production of the current-generation Fiat 500 and 500e in North America. ... Continue reading

Good-Bye Human Car Salesmen? - GM Testing Technology To Bypass People And Buy Cars Through An AI Chat Bot

Good-Bye Human Car Salesmen? - GM Testing Technology To Bypass People And Buy Cars Through An AI Chat Bot

SAN FRANCISCO--Changes in consumer habits require innovative sales strategies, and the automobile industry is no exception. For General Motors, one of the world’s largest and most innovative automobile companies, providing AI-powered customer support and selling cars through chat is now a reality. ... Continue reading

GM President Talks Cadillac

GM President Talks Cadillac

From Mark Reuss President General Motors ... Continue reading

Happy Labor Day - THE ROUGE Ford’s Legendary Automotive Factory Readies Its Next Act at 100th Anniversary +VIDEO

Happy Labor Day - THE ROUGE Ford’s Legendary Automotive Factory Readies Its Next Act at 100th Anniversary +VIDEO

Ford’s Rouge complex has survived world wars and recessions to produce millions of vehicles over the past century as well as supplies for the military. After making more than 28 vehicle models, including the innovative aluminum-bodied F-150, the Rouge’s Dearborn Truck Plan will soon make electrified F-150 models. T ... Continue reading

2019 Lexus RC F 2-DR Coupe Review by David Colman - It's E15 Approved

2019 Lexus RC F 2-DR Coupe Review by David Colman - It's E15 Approved

10 out of 10 stars...It just doesn't get any better than this! Ten years ago, Lexus tentatively introduced their F Line of performance enhancements. The first recipients of these improvements were comfy Lexus family sedans and coupes that benefited more from an image makeover (with racy spoilers and wheels) than a real ... Continue reading

AUTO LAB TALK RADIO LIVE FROM NYC, Saturday August 31, 2019, WNYM Radio AM 970 7-9 AM

AUTO LAB TALK RADIO LIVE FROM NYC, Saturday August 31, 2019, WNYM Radio AM 970 7-9 AM

Auto Lab Talk Radio on New York City's WNYM Radio AM 970 Is Streamed Worldwide On TheAutoChannel.Com Car Question or Concern? Automotive Career Opportunity, Call Toll Free 888-692-7234 To Speak With An Auto Lab Expert Auto Lab is a 28 year old interactive automotive-focused New York area radio call-in show hosted by Pr ... Continue reading

Terminator 3: Rise of the Machines

Terminator 3: Rise of the Machines

According to some, disruption – that is currently unfolding. One might even argue that it harks back to the end of the 19th century and the birth of the automobile itself, and Henry Ford’s creation of the first moving assembly line that enabled mass production of cars in 1913. ... Continue reading

Experian: Millennial Auto Loan Debt Saw Most Growth in 7 Years

Experian: Millennial Auto Loan Debt Saw Most Growth in 7 Years

Millennials (people between the ages of 23-38) have an average auto loan balance of $18,201 according to Experian data from Q2 of 2019. ... Continue reading

2019 Lexus LS 500 Review by David Colman - It's E15 Approved

2019 Lexus LS 500 Review by David Colman - It's E15 Approved

How do you turn a $75,000 Lexus into a $111,000 Lexus? You add the most expensive single option package I have ever encountered. If you tick the box for the "Executive Package with Kiriko Glass," you will add $23,100 to the bottom line in one fell stroke. ... Continue reading

Westlake Partners with MobilityWorks to Finance Wheelchair Accessible Vehicles

Westlake Partners with MobilityWorks to Finance Wheelchair Accessible Vehicles

Westlake Financial Services announces partnership with MobilityWorks, a national wheelchair accessible van provider, to offer financing to customers looking for wheelchair accessible vehicles. MobilityWorks will offer Westlake loans through their 84 dealership locations in 24 states. ... Continue reading

KARMA REVEALS FINAL FOUR CUSTOMIZED 2019 REVERO CARS AHEAD OF NEW 2020 REVERO GT PRODUCTION

KARMA REVEALS FINAL FOUR CUSTOMIZED 2019 REVERO CARS AHEAD OF NEW 2020 REVERO GT PRODUCTION

Southern California-based automaker and high-tech incubator Karma Automotive has created four custom cars to commemorate final production of its 2019 Revero. ... Continue reading

VUHL ACCELERATES INTO THE US

VUHL ACCELERATES INTO THE US

Lightest, most powerful VUHL – 05RR – breaks cover in California at Pebble Beach Concours d’Elegance VUHL cars are available for the US market for the first time Significant sales of VUHL cars across US territories All VUHL models are street legal “race cars for the road” (Pebble Beach, California) 28 August, ... Continue reading

Entrepreneurs Driving Boom in America’s Van Business

Entrepreneurs Driving Boom in America’s Van Business

Ford is seeing an additional increase in sales of its Transit van – already America’s top seller – as small business owners rethink traditional models of operation with the rise of an on-demand economy Transit has seen a 5.3 percent uptick in sales for fleets ranging in size from one to five vans; added connectiv ... Continue reading

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