Nissan, Toyota offering payment deferments to people affected by government shutdown

Nissan, Toyota offering payment deferments to people affected by government shutdown

October 16, 2013 by · Leave a Comment 

Filed under: Government/Legal , Nissan , Toyota Two weeks into the budget-related government shutdown and it sounds like some progress is finally being made, but that doesn’t really help furloughed government employees pay their bills. To help out a little, Nissan and Toyota are joining Hyundai with offering payment deferments to current owners and lessees. In a release, a Nissan spokesperson said the company is “sympathetic to any of our customers who find themselves in difficult financial circumstances – many times outside of their control.” Both Japanese automakers are allowing payment extensions of up to 90 days without penalties or fees. Unlike the Hyundai Assurance Plan , though, it doesn’t seem like the Nissan or Toyota assistance will be extended to those who are still in the buying process. Scroll down for press releases from both companies about their respective payment deferment programs. Continue reading Nissan, Toyota offering payment deferments to people affected by government shutdown Nissan, Toyota offering payment deferments to people affected by government shutdown originally appeared on Autoblog on Tue, 15 Oct 2013 17:30:00 EST. Please see our terms for use of feeds . Permalink

Toyota GT86 convertible on ‘indefinite hold’

Toyota GT86 convertible on ‘indefinite hold’

October 5, 2013 by · Leave a Comment 

Filed under: Car Buying , Concept Cars , Convertible , Scion , Subaru , Toyota Bad news, sportscar fans. According to a new report from What Car? , Toyota has cancelled plans to produce a GT86 convertible, a model based on the FT-86 Open Concept that debuted at the 2013 Geneva Motor Show . In truth, Toyota never actually confirmed it would produce the budget-friendly droptop in the first place, but rumors have been flying since last year and Toyota reportedly showed its embattled Scion dealers a FR-S version of the convertible in August . Presumably, this means that a lidless variant of the Subaru BRZ is not in the cards, either. The reason for the move is unknown, though What Car? reports “one possible cause is weight; Toyota did say that further work would be required on rigidity before the convertible could be launched, and that could have added extra bulk that conflict with the regular GT86′s ethos of light weight and agile handling.” It doesn’t look like that work will happen anytime soon, as “sources now say that the car has now been delayed indefinitely, with no place in Toyota’s product plan in either 2014 or 2015.” Still holding out hope? What Car? says the project could be “fast-tracked” if management decides it wants to reboot the program down the road. one possible cause is weight; Toyota did say that further work would be required on rigidity before the convertible could be launched, and that could have added extra bulk that conflict with the regular GT86′s ethos of light weight and agile handling.

Tweeter button Facebook button Youtube button