Posts Tagged ‘SpyPhotos’

BMW reports best-ever sales first half-year of 2008

Tuesday, July 8th, 2008
Demonstrating that there is good news still to be found in some sales departments, BMW Group announced their worldwide January through June 2008 sales for BMW, MINI and Rolls-Royce brands increased 4.7 percent compared to last year. The sales total of 764,874 automobiles marked the most successful h......

Prius sales top 1 million worldwide as demand increases

Thursday, May 15th, 2008
Click above for a high-res gallery of the Toyota PriusToyota announced today that worldwide cumulative sales of the Toyota Prius have passed the 1 million mark. While that milestone is impressive, more astounding is the fact that sales of the gasoline/electric hybrid continue to increase year-after......

Toyota delays U.S. crossover plant

Tuesday, May 13th, 2008
Sluggish market conditions in the United States are the reason Toyota Motor Corp. is slowing down the launch of its new Highlander crossover plant in Tupelo, Mississippi. Originally scheduled to open in late 2009 with production at 150,000 vehicles per year, Toyota will instead begin production in M......

Lamborghini picks L.A. for new HQ location

Monday, May 12th, 2008
Some automakers might be concerned over California's fight for an EPA waver, but Lamborghini isn't one of them. Regardless of government-imposed regulations, the Italian exotic car maker knows that the luxury market will continue to demand high-powered vehicles available in every color found in a Sk......

Get ‘em while they’re not hot! Dodge Rams going for $13k below MSRP

Monday, May 5th, 2008
A tight credit market, slumping construction, an economy on bed rest, an end-of-model year, and high gas prices mean one thing for pickup trucks: lots of brand new trucks waiting for buyers. Dealers trying to shift their 2008 Dodge Rams before the 2009s arrive are taking as much as $13,000 off the b......

Ferrari and Maserati report record quarter

Friday, April 25th, 2008
The auto industry may be mired in tough times at the moment, but the sales downturn here in the States doesn't seem to be bothering Ferrari and Maserati. Ferrari sales were up 4% year over year to 1,654 units, due in part to outstanding sales of its 612 Scaglietti and 599 GTB Fiorano. Brisk sales of......

Nissan cutting production in Mexico to compensate for low U.S. demand

Thursday, March 27th, 2008
It's been easy to forget about Nissan's small car offerings with the recent introduction of the redesigned Maxima in New York and the impending arrival of the GT-R for the first time on U.S. shores. But some of Nissan's more compact vehicles remain the bread and butter of the brand and fill the tran......

Toyota opens new shopping mall in Japan

Wednesday, March 26th, 2008
Kids in the U.S. want computers in their cars, but kids in Japan want computers instead of cars. Add that craziness to Japan's dwindling population and popular mass-transit options and you'll understand why the Japanese car market dropped to just 5.3 million vehicles, a 27-year low. Toyota, Japan's ......

U.S. smart fortwo sales so strong, Penske wants 15,000 more

Tuesday, March 25th, 2008
Click above for a high-res gallery of the smart fortwo.Roger Penske, the CEO of the company's namesake and the sole importer of the smart brand into the U.S., says that with demand at its current level, dealers could offload 40,000 fortwos to customers this year. The only problem: the U.S. market is......

Lexus brand isn’t flying in Toyota’s home market

Sunday, March 23rd, 2008
In trying to establish a Japanese-market foothold for Lexus, Toyota has seemingly fallen prey to the same tactic that made the Cadillac Cimmaron such a maroon. When trying to launch a brand, especially an upscale brand, it's not advisable to rebadge existing models and crank up the price. It doesn't......