News By Topic: Lexus

Lexus Powers Ganassi Teammates Into Series Points Lead at Grand American Six Hours of Watkins Glen

Jun 13, 2005

TORRANCE, Calif., June 13 -- Heavy rain, changing conditions and a major shunt couldn't keep Scott Pruett and Luis Diaz (#01 CompUSA Lexus- Riley) from their fourth consecutive Rolex Sports Car Series podium finish with a third in Sunday's Sahlen's 6 Hours of the Glen to carry the duo into a tie for the Rolex Sports Ca ... Continue reading

Transplant Automakers Ramping Up Production of Niche Models in the U.S.

Jun 13, 2005

Washington DC June 13, 2005; The AIADA newsletter reported that the surge in transplant automobile manufacturing facilities in the U.S. has contributed to a change in the dynamics of the U.S. auto industry, reports Automotive News. “... While the New American Manufacturers still rely heavily on high-volume vehicl ... Continue reading

USTA and Lexus Sign Landmark Worldwide Partnership for US Open

Jun 13, 2005

Lexus Becomes 'Official Vehicle of the US Open' and 'Presenting Sponsor of Men's Singles Championship' First Time Men's Singles Champion Earns New Lexus Vehicle WHITE PLAINS, N.Y. and TORRANCE, Calif., June 13 -- The USTA and Lexus today announced a new worldwide marketing partnership that designates Lexus as the "Pres ... Continue reading

IntelliChoice Announces New Car Best Deals for June 2005

Jun 9, 2005

CAMPBELL, Calif.--June 9, 2005--PRIMEDIA's IntelliChoice, the leading source for automotive ownership cost and value analysis, today announced its "Best Deals of the Month" selections for June, identifying the vehicles with the best ownership cost value in 29 respective classes. IntelliChoice's "Best Deals of the Month ... Continue reading

Report Says Toyota May Raise U.S. Auto Prices to Support Struggling U.S. Carmakers

Jun 8, 2005

OSAKA June 8, 2005; The AP reported that Kyodo News said the chairman of Toyota Motor Corp. Wednesday repeated his statement that the auto maker is likely to raise its vehicle prices in the United States to support struggling U.S. carmakers. If the U.S. auto industry collapses, it may adversely affect Japan-U.S. relati ... Continue reading

Toyota Fears Backlash If U.S. Carmakers Fail

Jun 8, 2005

OSAKA, Japan Jun 8, 2005; Reuters reported that the outspoken chairman of Toyota Motor Corp. said on Wednesday he feared the possibility that U.S. policy could turn against Japanese auto makers if local giants such as GM and Ford were to collapse. "Many people say the car industry wouldn't revisit the kind of trade fri ... Continue reading

NHTSA Looks Into Possible Prius Software Glitch

Jun 3, 2005

Washingrton DC June 3, 2005; The AIADA newsletter reported that the National Highway Traffic Safety Administration (NHTSA) said Wednesday it looking into reports of a possible software glitch that would force Toyota’s popular Prius hybrid sedan to stall when traveling at highway speeds, reports The Detroit News. ... Continue reading

Sales of Hybrids Continue to Climb in May, But Not At April Pace

Jun 2, 2005

washington DC June 2, 2005; The AIADA newsletter reported that Hybrid sales in the U.S. increased 2.3 times in May, up from 7,275 units last year to 16,887 units, but results for all automakers were down from the pace in April, reports Green Car Congress. Results for the month were as follows: “Sales of the marke ... Continue reading

Top Ten Fastest "Turning" Vehicles are International Nameplates

Jun 1, 2005

Washington DC June 1, 2005; AIADA's newsletter reported that the ten vehicles that spent the least amount of time on dealer lots in April were all International nameplates, according to the Power Information Network (PIN). The measurement, known in the industry as days to turn, is a measure not only of model popularity ... Continue reading

Toyota Reports Strong May 2005 Sales Up 7.8%

Jun 1, 2005

TORRANCE, Calif., June 1 -- Toyota Motor Sales (TMS), U.S.A., Inc., today reported May sales of 201,493 vehicles, an increase of 7.8 percent over May 2004. It marks the third consecutive month and sixth time Toyota has recorded at least 200,000 sales in a single month. Calendar-year-to-date (CYTD) sales total 919,195 u ... Continue reading

Most Hybrid Vehicles Not as Cost-Effective as They Seem, Reports Edmunds.com

Jun 1, 2005

SANTA MONICA, Calif., June 1 -- Consumers seeking shelter from high gas prices might not find the relief they expect by turning to hybrids, announced Edmunds.com, the premier online resource for automotive information. (Logo: http://www.newscom.com/cgi-bin/prnh/20031009/LATH011ALOGO) "The combination of increasingly hi ... Continue reading

Toyota's Port Newark Expansion Adds 90 New Jobs

May 31, 2005

Port Authority praises company's environmental concern NEWARK, N.J., May 31 -- Toyota Logistics Services (TLS) has re-dedicated its Port Newark, N.J. Vehicle Distribution Center after a $20-million dollar expansion. The 83-acre property can process more than 220,000 imported Toyota, Lexus and Scion vehicles a year, bef ... Continue reading

The End of an Era? Traditional SUVs Losing Traction

May 31, 2005

WESTLAKE VILLAGE, Calif.: 31 May 2005 — Traditional truck-based SUVs captured just 12.1 percent of U.S. new-vehicle retail sales in April, their lowest market share since May 1996, according to Power Information Network, a division of J.D. Power and Associates. In contrast, more fuel-efficient car-based crossover ... Continue reading

Lexus and Paul McCartney Partner for Upcoming Paul McCartney 'US' Tour

May 31, 2005

Sold Out Concert Tour Begins September 16 TORRANCE, Calif., May 31 -- Lexus and Paul McCartney have announced a groundbreaking partnership that names Lexus as presenting sponsor of the Paul McCartney 'US' Tour this fall. The Lexus tour sponsorship, which will include multiple marketing extension opportunities through M ... Continue reading

Lexus In Europe, Not as Easy as Lexus in U.S.

May 20, 2005

FRANKFURT, May 20, 2005; Christiaan Hetzner writinfg for Reuters reported that Frank Winter probably has one of the most thankless jobs in the German car industry. Faced with the fiercest of competition, the head of Lexus Germany is not kidding himself that Toyota Motor Corp.'s (7203.T: Quote, Profile, Research) premiu ... Continue reading