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Wednesday, May 23, 2012

Auto Industry Topics Archive

Consumer Reports Still Ranking Prius Top Eco-Friendly Car?

Two weeks after Toyota recalled nearly half a million Prius cars due to brake problems, Consumer Reports is still ranking the hybrid as it’s top pick for an eco-friendly car. The Prius has owned ‘green’ car rankings in the magazine for seven years running. But with the Toyota recalls now at 8 million plus vehicles [...]

Lenders Extending More Credit: Can You Get Financing?

A sign that the automotive crisis is on the rebound, lenders are extending loans to more buyers, even those with poor credit. According to a recent article the average consumer can find financing again. Dealerships throughout the country are seeing easier financing standards from the majority of lenders. What has changed? Credit markets are opening [...]

GM’s Special Offer to Toyota & Lexus Owners

General Motors is currently working to capitalize on the recent recall problems plaguing Toyota. According to GM, this move is in response to numerous emails and phone calls from Toyota owners asking for help. For February only they will be offering special incentives to current Toyota and Lexus owners. Lexus and Toyota owners are offered [...]

The Toyota Recall – What Owners & Buyers Need to Know

Toyota originally began recalling models due to accelerator problems back in October of 2009. This week’s recall and suspension of sales was much more extensive, covering eight Toyota models. Toyota says that the likelihood of the accelerator sticking is "extraordinarily rare" and that unless drivers have experienced problems they can continue driving their vehicles. If [...]

Woman Learns Deal to Good to be True

How do you know if a good deal is too good to be true? According to a recent Star Tribune report, Tammie Townsend didn’t know until her car salesman called with a surprising request. Two weeks after purchasing a used vehicle from Wasler Chrysler in Hopkins, MN she was to redo her contract and pay [...]

10 Best & Worst Car Makers in Brand Perception

This month, Consumer Reports released their 2010 Car Brand Perception Survey. Chevrolet, Ford, and Subaru saw 30-point increase in overall perception scores, while Toyota held on to the number one spot. The survey is comprised of consumer’s brand perceptions based seven categories: Safety, quality, value, performance, design/style, technology/innovation, and environmentally friendly/green. The scores do not [...]