TORRANCE, Calif. (April 24, 2012) – Toyota and the Wyland Foundation are proud to congratulate the winners of the 2012 Earth Month Heroes, a Southern California program created by the organizations to annually recognize 30 exemplary citizens who find ground-breaking ways to work toward sustaining a healthy planet.
Filed under: Car Buying , Toyota , Earnings/Financials Toyota can attribute much of its uptick in sales last month to fleets . While the automaker saw its sales leap by 7.5 percent compared to a year earlier, Newsday.com reports Toyota sold 47 percent more cars and trucks to fleet customers in the U.S. than in January 2011. Without the fleet sales, the improvement would have been less than one percent. All told, rental companies accounted for 93 percent of the automaker’s fleet sales in January, with the remainder going to other organizations. Toyota and other Japanese automakers have always been reticent to embrace fleet sales. Doing so is not only generally less profitable than individual consumer sales, but can also lead to degraded brand image and resale value. Last month, Ford was cited for having 45 percent of the company’s Focus going toward fleets. Toyota, meanwhile, says the news isn’t the start of a trend. When Toyota factories were hobbled by earthquake and tsunami activity in Japan last year, the automaker put a stop to fleet sales altogether to keep its dealerships fed.
Filed under: Car Buying , Coupe , Sedan , Performance , Crossover , Acura , Dodge , GMC , Hyundai , Toyota NADA Guides Car Buyers Market Study – Click above for high-res image gallery NADA Guides has released its Quarterly Car Buyers Market Report, and six models earned the organizations Top Recommended Buys designation. The 2011 Acura TL , Dodge Challenger R/T , GMC Terrain SLE-2 , Hyundai Azera Limited , Toyota Tacoma Double Cab V6 Manual and Toyota Venza I4 AWD all made the cut. While low first-year depreciation rates factor into which vehicles win out in the report, NADA Guides also evaluates vehicles based on criteria like whether or not a model is competitively priced, is available with incentives or rebates, and dealer inventory volumes. Surprisingly enough, the 2011 Dodge Challenger R/T carried the lowest first-year depreciation rate of all the vehicles on the list. With a rate of just 8 percent, the Mopar muscle car beat out the vehicle with the next-lowest rate – the Toyota Tacoma Double Cab V6 Manual – by two percentage points. Meanwhile, the Hyundai Azera limited packed the highest depreciation rate among the vehicles on the list at 21 percent, followed by the Acura TL at 19 percent. You can check out the full report after the break . Continue reading NADAguides reveals six top auto picks based on low depreciation NADAguides reveals six top auto picks based on low depreciation originally appeared on Autoblog on Mon, 27 Jun 2011 07:58:00 EST. Please see our terms for use of feeds . Permalink