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Main  >  Car Makers News  >  Toyota  > 
Auto slump slams Toyota | detnews.com | The Detroit News
Toyota Motor Corp. has earned money selling cars and trucks every year since 1950. So its stunning announcement Monday that it expected to report a $1.7 billion operating loss this year confirmed fears that the auto industry is grappling with the worst global downturn in decades. "We're facing an unprecedented emergency situation," President Katsuaki Watanabe said at a news conference in Nagoya, the largest city near the Japanese automaker's headquarters in Toyota City. "Unfortunately, we can't see the... Full article...

Article added: 2008-12-23 06:51:44   Article Views Rating: 183


Main  >  Car Makers News  >  Audi  > 
Audi, BMW and Mercedes-Benz. Which one?
I really want to ask the Autospies community about which is the best of the three main luxury brands in Germany - Audi, BMW and Mercedes-Benz. Now, before Michael Taylor comes around to say that some crap SC 430 is better than all of them, I must remind people that this is the 3 main GERMAN brands. Last time I checked, Lexus isn't German, so don't bring other brands into the question please.I think that Audi, BMW and Mercedes-Benz have the tightest rivalry in the auto industry. Mercedes-Benz are big on... Full article...

Article added: 2008-12-22 05:54:30   Article Views Rating: 171


Main  >  Car Makers News  >  Toyota  > 
Toyota's president cancels plan to attend Detroit show | detnews.com | The Detroit News
Toyota Motor Corp. President Katsuaki Watanabe has canceled plans to attend the North American International Auto Show next month, company sources said. Watanabe, a regular visitor to the show since becoming president and CEO of Toyota in 2005, had intended to come to the 2009 show, where Toyota will unveil the next Prius hybrid as well as a hybrid for the premium Lexus line. The company had no immediate comment on his change of plans. But the number of executives from foreign companies attending the... Full article...

Article added: 2008-12-22 05:54:27   Article Views Rating: 187


Main  >  Car Makers News  >  Honda  > 
BREAKING NEWS: Honda Kills The NSX For Financial Reasons Is The Lexus LF-A Next?
Honda has cancelled the new NSX as part of a radical restructuring of its car making business.The V10-engined supercar, which was a direct challenge to Ferrari and Porsche, would have been the most powerful production car that the company had ever produced.Honda CEO Takeo Fukui announced the move in his end of year speech, saying that all development of the car would be cancelled. The company has also withdrawn its plan to introduce the Acura brand to Japan in 2010.The Honda boss had previously... Full article...

Article added: 2008-12-18 08:04:04   Article Views Rating: 190


Main  >  Car Makers News  >  Honda  > 
BREAKING NEWS: Honda Kills The NSX For Financial Reasons Is The Lexus LF-A Next?
Honda has cancelled the new NSX as part of a radical restructuring of its car making business.The V10-engined supercar, which was a direct challenge to Ferrari and Porsche, would have been the most powerful production car that the company had ever produced.Honda CEO Takeo Fukui announced the move in his end of year speech, saying that all development of the car would be cancelled. The company has also withdrawn its plan to introduce the Acura brand to Japan in 2010.The Honda boss had previously... Full article...

Article added: 2008-12-18 08:03:26   Article Views Rating: 157


Main  >  Car Makers News  >  Other  > 
DETROIT AUTO SHOW: The Most Comprehensive List Of What Cars Are Coming in 09'. Which One Excites You Most?
It's hard to believe that the 2009 Detroit Auto Show is only weeks away, amidst all this end of the world bailout talk.Thank God, the wizards at one of our favorite print mags maybe even our favorite, CAR Magazine have compiled an exhaustive list of what they know is coming in 2009!Alfa Romeo MitoMini-rivalling premium hatch with supercar styling cuesAlfa Romeo 149147 moves upmarket to take on A3 and 1-seriesAlfa Romeo 169We're due to hear more on Alfa's 167 later next yearAlfa Romeo 8C SpiderStunning... Full article...

Article added: 2008-12-17 13:21:39   Article Views Rating: 267


Main  >  Car Makers News  >  Cadillac  > 
2010 Cadillac flagship
It's official. It's been confirmed: Cadillac is preparing a new V12 flagship. That's straight from the mouth of our favorite man in the business, Bob Lutz. On a recent trip across the pond, GM's venerated product guru confirmed in an interview to the British car magazine AutoWeek that they are indeed working on a twelve-cylinder engine, slated to power a new range-topping, import-beating "Cadillac of Cadillacs," a super-luxury-sedan to rival the likes of the Mercedes S-Class and Lexus LS in... Full article...

Article added: 2008-12-17 07:25:41   Article Views Rating: 534


Main  >  Car Makers News  >  Honda  > 
Study Shows Honda Overtaking Toyota In Customer Loyalty, Where Does Your Brand Rank?
Honda leads the automotive industry in retaining the highest percentage of new-vehicle purchasers, according to the J.D. Power and Associates 2008 Customer Retention StudySM released today.Now in its sixth year, the study measures the percentage of new-vehicle buyers and lessees who replace a previously purchased new vehicle with another from the same brand.Improving by nearly two percentage points from 2007, Honda leads the customer retention rankings 64.7%, followed by Toyota 63.2% and Lexus... Full article...

Article added: 2008-12-11 06:59:29   Article Views Rating: 131


Main  >  Car Makers News  >  Hyundai  > 
Can Hyundai Expand On The Success Of The Genesis To Create A New Image?
When I first saw the 2009 Hyundai Genesis, I thought it looked nice in a nondescript sort of way. There's no badge embossed on the grille, but its shoulders are wide and there's a sense of power to it. But when I parked on the street in Chicago, it seemed everyone walked by it, smiling, nodding in approval, stopping by to tell me how nice the car was. Honestly, I wasn't expecting that kind of reaction.Standing in the middle of Koreatown on the north side of the Windy City may have had something to do... Full article...

Article added: 2008-12-11 06:59:28   Article Views Rating: 188


Main  >  Car Makers News  >  Honda  > 
Study Shows Honda Overtaking Toyota In Customer Loyalty, Where Does Your Brand Rank?
Honda leads the automotive industry in retaining the highest percentage of new-vehicle purchasers, according to the J.D. Power and Associates 2008 Customer Retention StudySM released today.Now in its sixth year, the study measures the percentage of new-vehicle buyers and lessees who replace a previously purchased new vehicle with another from the same brand.Improving by nearly two percentage points from 2007, Honda leads the customer retention rankings 64.7%, followed by Toyota 63.2% and Lexus... Full article...

Article added: 2008-12-11 06:59:02   Article Views Rating: 121


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