New Toyota Supra Engine and Exhaust Sound

New Toyota Supra Engine and Exhaust Sound

Hear What the 2020 Toyota Supra Sounds Like Before It Finally Debuts in January The long wait for Toyota’s revived sports car is almost over. Toyota says the first production 2020 Supra will be auctioned off January 19, 2019, at the Barrett-Jackson auctions in Arizona to benefit the American Heart Association and the Bob Woodruff Foundation. Its VIN will be #20201 and it will feature a special paint scheme (teased below) including matte gray exterior paint, matte black wheels, red mirror caps, and a red leather interior featuring a carbon-fiber plaque denoting it as the first 2020 Supra. The new Toyota Supra sports car is almost here—and we mean it this time. Toyota has finally given an official release date for the highly anticipated return of the Supra nameplate: It will make its debut in January 2019 at the Detroit auto show. After that, production for the 2020 Toyota Supra will begin […]

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luxury Car Santa's Gift

Luxury Car Santa’s Gift

When Santa Brings a Car, They’ll Need a Bigger Tree Every December, the holiday classics return to television, mainstay tales like “Frosty the Snowman” and “How the Grinch Stole Christmas.” And don’t forget those commercials where someone wakes up to a luxury car in the driveway on Christmas morning. Except those ads aren’t just Yuletide fantasies. Yes, there are people who give a car worth $60,000, $80,000 or more to someone special during the holidays, even rushing into a dealership on Christmas Eve. So many people give costly cars as presents that gift sales can make up 10 percent or more of December sales for luxury auto dealers, brand representatives and dealers say. Also, yes: Those gigantic car bows are real (picture below), and they’re a crucial factor in making the sale. “Gift cars are about 15 percent of our December business,” Chris Brunner, general manager of Park Place Lexus […]

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Sagent Manheim Market Report Pricing Tool

Sagent Manheim Market Report Pricing Tool

KING OF PRUSSIA, Pa. — Sagent Lending Technologies has announced the integration of Manheim Market Report into its suite of Business Process Outsourcing solutions for its remarketing operations. With this integration, Sagent can now leverage MMR as a key input into its proprietary pricing algorithms, enabling it to more accurately and competitively price vehicles, executives said. “While our resale values were already above industry averages, this integration to MMR allows us to further improve our performance, ensuring that lenders are getting increasingly greater resale results from their inventory,” said Stephen Bissett, Sagent’s vice president of client services. “Continual and meaningful data integrations are something that our clients have come to expect from Sagent over the years, and those integrations are something that we’re more than happy to deliver upon.” The Manheim Market Report is a pricing tool designed to utilize recent, actual sales transactions to allows users to find the […]

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More Sales With Less Marketing Expense

More Sales With Less Marketing Expense

Unlock More Sales Without More Marketing Expense For most dealerships, selling more typically means spending more on marketing. This usually involves purchasing more leads for prospects and investing in more sales training to close deals. But what if there was a better way to turn up sales, hold down expenses, and boost the bottom line, all with greater predictability? Just shifting your marketing focus slightly can significantly impact your dealership’s sales and profits. The secret lies in knowing how to manipulate the two main components of the sales formula: leads and closing ratio. In short, leads multiplied by closing ratio equals sales. So 1,000 leads at a 30% closing ratio results in 300 closed deals. Raising your closing ratio means squeezing out extra sales — and more profit — from the same number of leads. Remarkably, however, most dealers appear to be unknowingly doing the exact opposite of what’s needed […]

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Self-Driving Cars Without Brakes and Steering Wheels

Self-Driving Cars Without Brakes and Steering Wheels

The Evolution of Automated Safety Technologies. Driver assistance technologies in today’s motor vehicles are already helping to save lives and prevent injuries. A number of today’s new motor vehicles have technology that helps drivers avoid drifting into adjacent lanes or making unsafe lane changes, or that warns drivers of other vehicles behind them when they are backing up, or that brakes automatically if a vehicle ahead of them stops or slows suddenly, among other things. These and other safety technologies use a combination of hardware (sensors, cameras, and radar) and software to help vehicles identify certain safety risks so they can warn the driver to act to avoid a crash. The continuing evolution of automotive technology aims to deliver even greater safety benefits and – one day – deliver Automated Driving Systems (ADS) that can handle the whole task of driving when we don’t want to or can’t do it ourselves. U.S. […]

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The Most-Liked Brand by Auto Dealers

The Most-Liked Brand by Auto Dealers

Lexus remains dealers’ most-liked brand, NADA survey finds After spending a year out of the top spot, Lexus once again is the most-liked automaker by dealers who responded to the most recent National Automobile Dealers Association Dealer Attitude Survey. The luxury brand finished ahead of its mainstream sibling, Toyota, in the winter 2018 survey, the results of which were released Monday. Lexus had been runner-up to Toyota in the previous two surveys, conducted in winter and summer of 2017. Prior to the 2017 surveys, Lexus spent several years atop the ranking. Lexus remained the most-liked brand by dealers in the latest ranking of the National Automobile Dealers Association Dealer Attitude Survey, while Porsche overtook Audi to land in the top five. Lexus sibling Toyota retained the second spot, followed by Subaru repeating at third and Honda remaining in the No. 4 position in NADA’s summer 2018 survey. NADA released the […]

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Porsche 919 Hybrid Record-Breaking

Porsche 919 Hybrid Record-Breaking

How the Porsche 919 Hybrid Evo Made Its Record-Breaking Nürburgring Lap Time Porsche gives its Le Mans program a blistering send-off. Quick at Germany’s legendary 12.9-mile, 73-turn Nürburgring Nordschleife is 7:16.04 in a 2018 Chevrolet Camaro ZL1 1LE. Quicker is the 2018 Lamborghini Aventador SVJ that busted up the place with a 6:44.97 run, the production-car record. But awesome? Awesome is driver Timo Bernard’s 5:19.55 in the Porsche 919 Hybrid Evo. It’s the quickest lap any car has ever turned around the Nordschleife, slaughtering the 6:11.13 record that stood for a lifetime, set during qualifying in 1983 by the late Stefan Bellof in that pathetic ox cart, the Porsche 956C. Of course, Bellof was restrained by the burden of having rules to follow. Bernard, in the Evo, wasn’t. The Evo was born as a tribute to Porsche’s three-time Le Mans–winning 919 Hybrid after Porsche quit the World Endurance Championship’s LMP1 class at the end […]

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Toyota Prius all-wheel-drive

Toyota Prius all-wheel-drive

In an automotive industry that offers American buyers hundreds of different options, few models have the immediate name recognition of the compact Toyota (7203.T-JP) Prius. When it debuted in Japan in 1997, it became the world’s first mass-market hybrid electric vehicle and demand exploded when it reached the U.S. three years later. The Prius delivered around 50 miles a gallon and had far more interior space than the typical fuel-saving minicar — all at an affordable price. That made it the best-selling car of any form in California, and the best-selling hybrid vehicle worldwide earlier this decade. But, as an updated 2019 version of the Prius gets ready to roll into U.S. showrooms, Toyota is facing a difficult situation. Sales of the Prius have been tumbling for several years and were down 23.2 percent for the first 11 months of 2018. The new version delivers updates Toyota hopes will revive the hybrid’s […]

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Forecasting the future of auto retailing 2019

Forecasting the future of auto retailing 2019

Toyota’s top U.S. executive says car sales nationwide have nearly bottomed out and his company will keep making them despite a dramatic shift to trucks and SUVs. Toyota’s U.S. car sales are down nearly 12 percent through October. DETROIT — Toyota’s top U.S. executive says car sales nationwide have nearly bottomed out and his company will keep making them despite a dramatic shift to trucks and SUVs. U.S. CEO Jim Lentz told the Detroit Economic Club on Wednesday that car sales fell below 30 percent of sales last month, and he thinks that’s close to the bottom. While Fiat Chrysler FCAU, -1.21 %, Ford F, +0.24%   and General Motors GM, -0.03%   are canceling many car models, Lentz doesn’t see that happening with Toyota TM, -0.56% 7203, -0.60 %. Consumers are still buying more than 4 million compact, midsize and near-luxury cars each year, he said. “There’s no way I’m going to walk away from that,” Lentz said. “We are always […]

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4 Important Car Salesman Training Tips

4 Important Car Salesman Training Tips

Learn to Listen and Listen to Learn, 4 Important Car Salesman Training Tips When we are different, it gets the cus­tomer’s attention. They listen more, talk more, and eventually buy more, and they are glad they did. One of the most important things I have learned about customer service is to always look at the person across from you as if they are a family member, then treat them accordingly. As F&I professionals, we sometimes lose sight of the simple fact that we are in the business of customer service. And the ultimate test of customer service is whether you are helping the customer make good buying decisions or just try­ing to sell something. They know the difference. In a competitive environment, the way we treat our customers and the ex­perience we provide during the buying process is essentially the only thing that can set us apart. F&I is typically the […]

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New-Vehicle Sales in 2019 Forecast

New-Vehicle Sales in 2019 Forecast

NADA Forecasts 16.8 Million New-Vehicle Sales in 2019 TYSONS, Va. – The National Automobile Dealers Association, a trade group representing U.S. franchised new-car dealerships, today released its annual sales forecast for new light vehicles in 2019. “We’re forecasting sales of 16.8 million new cars and light trucks in 2019,” said Patrick Manzi, NADA senior economist, at an industry briefing. “This would represent a falloff in sales of about 1.1 percent compared to 2018.” Based on a strong November, new-vehicle sales are expected to reach 17 million units in 2018, which would mark the fourth straight year of U.S. auto sales above 17 million units. “This was unexpected. We were expecting sales to fall off a little more than they have this year, but then the new tax law was passed which put more money in the pockets of consumers and they certainly purchased new vehicles at dealer showrooms,” Manzi added. “The […]

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Top Auto Tech Trends in Next Year

Top Auto Tech Trends in Next Year

The Best New Automotive Technology & Auto Tech Trends to Watch in Next Year Automotive technology is advancing at an ever faster pace. Every new model year seemingly brings a new slew of high-tech features. Not every vehicle is available with all or even some of these features, but it’s important to know what’s out there and what you should expect to get for your money when it comes time to buying a new vehicle in 2019. Here we’ll take a look at some of the new tech you’ll likely come across in any search for a new vehicle in the coming model year. Vehicle Control Via an App What Is It? In our ever evolving connected world, automakers have begun to offer apps that allow us to interact with our vehicle from afar. This could be from across the parking lot or on the other side of the world. […]

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Pessimism in Automotive Business

Pessimism in Automotive Business

Pessimism in Automotive Business in the firm’s Dealer Sentiment Index can be tied to threats of higher tariffs, slower traffic, and declining profitability.

The index reading came in at 49, indicating dealers expecting conditions to be weak in the future outnumber those who think conditions will be strong. “The fourth quarter represented a notable negative turn in overall dealer sentiment and their outlook for the future,” said Cox Automotive Chief Economist Jonathan Smoke.

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Automobiles Reliability Rankings

Automobiles Reliability Rankings

Toyota was the brand least likely to need check engine repairs over the past year, edging out Acura and Hyundai, which rank No. 2 and No. 3 respectively. Mazda, which ranked second last year, is now the brand with the lowest average repair cost ($286), followed by Kia ($320), Dodge ($326) and Hyundai ($328). Honda and Toyota are the only two brands to rank in the top 10 on both lists. The 2016 Audi Q5 is least likely to need a check engine light-related repair. The 2017 Hyundai Tucson costs the least on average ($67) to repair when the light is on, with a loose gas cap or an improperly installed intake air duct the two most common reasons the Tucson’s check engine light illuminates. CarMD.com Corp. has released its 2018 CarMD Vehicle Health Index Make and Model Reliability Rankings.. Published annually since 2011, this Index analyzes check engine repairs and […]

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Chinese automakers to develop partnerships with dealers

Chinese automakers to develop partnerships with dealers

GAC Motor Chinese automaker looks to develop partnerships with dealers. With some 550 companies exhibiting at this year’s NADA Show expo, China’s GAC Motor defi nitely has an edge on getting attention: It’s looking to develop partnerships with dealers. At NADA, “we hope we can lay a solid foundation for the future sales network through seeking potential partners and hearing advice from friendly and effective communications with experienced dealers,” says GAC Motor president Yu Jun. Other automakers also are exhibiting at the NADA Show 2018, including Fiat Chrysler Automobiles (FCA), Ford, GM, Mitsubishi, Subaru and Toyota. But dealers are always particularly intrigued when a new automaker enters the fi eld, and GAC plans to start selling its vehicles in the U.S. market by the fourth quarter of 2019. Of course, what really piques dealers’ interest is product, which is why GAC plans to display three to fi ve premium models […]

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New-Vehicle Sales Forecast and the State of Auto Retailing

New-Vehicle Sales Forecast and the State of Auto Retailing

The National Automobile Dealers Association to Issue 2019 New-Vehicle Sales Forecast and Discuss the State of Auto Retailing at Briefing on Dec. 13 The National Automobile Dealers Association (NADA) will issue its 2019 sales forecast for U.S. new-cars and light trucks during a media/industry briefing via conference call at 2:30 p.m. ET on Thursday, Dec. 13, 2018. NADA Senior Economist Patrick Manzi will provide an outlook of the macroeconomic factors that will impact auto retailing next year, as well as highlight the key sales indicators and trends driving auto sales in 2018 and next year. NADA Chairman Wes Lutz, president of Extreme Dodge-Chrysler-Jeep-Ram in Jackson, Mich., will provide a dealer perspective on industry trends impacting auto sales from the view on Main Street, USA. The call-in number is 800.895.3361. The conference ID is NADA. A Q&A session with members of the media and industry will follow the briefing. Read the report […]

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The 1794 EDITION TOYOTA Most Luxurious Truck

The 1794 EDITION TOYOTA Most Luxurious Truck

The 1794 EDITION TOYOTA Most Luxurious Truck in the Market. 1794 Edition Interior More than just muscle, the Toyota 1794 Edition CrewMax represents a leap forward in full-size truck luxury. This is everything you want in a premium truck, maybe more. Every part of the interior has been refined from the feel of the buttons, to the stitching, to the sweeping instrument panel. Interior Design   The optimal blend of functionality and comfort, Toyota Tundra’s spacious cabin gives you and your crew plenty of room to stretch out. Premium materials are used throughout for an upscale feel, and an intuitive control layout puts your tech right where you need it. BUILT TO TOW AND HAUL With features like staggered, outboard-mounted shocks, a heavy-duty TripleTechTM frame with integrated towing hitch receiver—plus a trailer hitch that utilizes 12 high-strength bolts integrated into the frame—Tundra’s i-FORCE 5.7L V8 has the available brawn to help you […]

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Toyota Unveils GR Supra Racing Concept

Toyota Unveils GR Supra Racing Concept

Toyota Unveils GR Supra Racing Concept, Next year will be good for cool cars. 2020 Toyota Supra It seems 2019 will be a year filled with revived nameplates. As you might’ve heard, Toyota is bringing back the Supra as part of a co-development program with BMW (which produced the new Z4), and it’s aiming to be a front-engine alternative to a Porsche Cayman. A turn behind the wheel of a prototype a few months ago indicates that the fifth-generation Supra will live up to the legendary name. As 2018 winds down, we reflect on what we enjoyed this year, but we’ve also got an eye on the future. This is The GR Supra Racing Concept we’re most excited for in 2019. It’s going to be a good year for cool cars. The Legend Returns With a one-two punch of cutting-edge technology and the same high-performance DNA that defined four generations of […]

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2019 Toyota Tacoma TRD Pro Northeast Ohio

2019 Toyota Tacoma TRD Pro Northeast Ohio

2019 Toyota Tacoma TRD Pro Leaves limits in its dust. Designed by the gurus at Toyota Racing Development (TRD), the 2019 Toyota Tacoma TRD Pro is built to take on the world’s gnarliest terrain. The stuff you want — like a TRD-tuned suspension with 2.5-in. FOX®42 Internal Bypass shocks, a ¼-in.-thick aluminum skid plate and Rigid Industries® fog lights — all come standard. A mandrel-bent TRD exhaust and available TRD Pro Desert Air Intake51 help optimize engine performance too. It’s the same proven capability that’s helped the TRD Pro Series deliver its unique brand of fun everywhere from the scorching desert to the Arctic Circle, and it’s ready for your next big adventure. Things are about to get a lot more epic. Let’s get dirty. What is TRD? Toyota Racing Development (TRD) is Toyota’s factory-backed racing division. While TRD USA has been building go-fast parts for Toyotas since 1979, our racing […]

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Introducing the Rezvani Tank

Introducing the Rezvani Tank

Introducing the Rezvani Tank, Models,Price, Designer, and the History THE BEGINNING As a young boy, founder Ferris Rezvani aspired to become a fighter pilot just like his father. In order to develop a thrill similar to flying an F-4 fighter jet, Mr. Rezvani set out to create an extreme sports car that gave drivers the opportunity to experience the same exhilaration and g-forces behind the wheel. This is represented in the Rezvani emblem, with wings representing his roots in aviation and steering wheel and racing stripes representing the brand’s dedication to driving. Rezvani Motors is an automotive designer and manufacturer of high-performance supercars based in Irvine, California. Rezvani Motors was founded by Iranian-American entrepreneur Ferris Rezvani, one of the designers of Vencer’s Sarthe supercar who formerly worked with Aston Martin, Ferrari, and DBC. The company’s main product is the Rezvani Beast, a self-funded project by Rezvani. Rezvani Motors released the […]

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Electric Vehicles to Double by 2021

Electric Vehicles to Double by 2021

Electric Vehicles to Double by 2021 / Number of EVs to Double by 2021 U.S. electric-vehicle sales forecasted by the Edison Electric Institute would require the presence of more than 9 million charging ports by 2030.   WASHINGTON — An association representing America’s privately held electric companies has released a report predicting the number of EVs on U.S. roads will double by 2021. In “Electric Vehicle Sales Forecast and the Charging Infrastructure Required Through 2030,” authors Adam Cooper and Kellen Schefter of the Edison Electric Institute predict the sales of 1 million EVs in the next three years, matching the number sold over the past eight.   “Automakers are responding to customer demand and are developing more EV models, including both plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs), that are increasingly cost-competitive with internal combustion engines,” the authors wrote, in part. “In addition, customers are purchasing EVs in […]

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