Archive | Auto Industry News

Toyota Holds Rally with Workers, Dealers

TOYOTA, Japan - Toyota President Akio Toyoda urged thousands of his employees today to work toward a new start and win back customer trust following safety lapses that have battered the world's biggest carmaker, The Detroit News reported. "Let's go with high spirits, have fun ... Read More » Tags:

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Investigators Build Supplier Antitrust Case

It could take a year or more to conclude investigations into a group of automotive suppliers, some with Michigan offices, over allegations of antitrust activities, experts told The Detroit News. But coordinated efforts by investigators on three continents and the somewhat rare step of using ... Read More » Tags: , ,

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Toyota Owners File 60 Complaints After Recall Fixes

More than 60 owners have complained of unintended acceleration in their Toyota Motor Corp. vehicles after dealer repairs under the automaker’s recalls, Bloomberg reported. “We are determined to get to the bottom of this,” David Strickland, administrator of the National Highway Traffic Safety Administration, said ... Read More » Tags: ,

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GM Dismisses Cadillac Managers in Overhaul

DETROIT - General Motors Co. terminated three U.S. marketing executives as part of this week's management overhaul, Automotive News reported. Cadillac's Steve Shannon and John Howell were dismissed Monday, said eight sources familiar with the moves. Jay Spenchian, an executive director who worked on Cadillac ... Read More » Tags:

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Edmunds.com: Toyota's Generous Incentives Ignite Online Interest

SANTA MONICA, Calif. — Edmunds.com believes Toyota's announcements of zero-percent financing and special lease deals are being very well received because of a sharp rise in purchase intent by site visitors, Auto Remarketing reported. Officials indicated that the incentive offerings generated nearly a 40-percent spike in ... Read More » Tags: , ,

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Warrantech Recognizes Vehicles with Fewest Repairs in 2009

BEDFORD, Texas — Warrantech Corp.'s recent study of proprietary actuarial data identified reliability trends, which saves insurers, dealers and consumers significant repair expenses. Warrantech Automotive analyzed its paid claims records on the various vehicles driven by the company’s service contract customers during the past year and ... Read More » Tags:

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