Jim Lentz News
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Ford Motor Co., seeking to challenge Toyota Motor Corp.’s dominance in gasoline-electric vehicles, said it will pass its full-year record for U.S. hybrid sales this month on demand for its Fusion and C-Max models.
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Honda Motor Co.’s Accord outsold Toyota Motor Corp.’s Camry, the perennial best-seller among cars in the U.S., last month as gains for resurgent U.S.-based automakers surpassed those of Japanese and South Korean brands.
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Toyota Motor Corp.’s Prius hybrid line, coming off record U.S. sales last year, may not reach a target for growth in 2013 as gasoline prices fall faster than the automaker expected, its top North American executive said.
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Toyota Motor Corp. plans to build Lexus ES 350 sedans at an existing Kentucky plant, the first U.S. production for its luxury brand, as Chief Executive Officer Akio Toyoda pushes to localize output in its biggest markets.
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Toyota Motor Corp. plans to build Lexus ES 350 sedans at an existing Kentucky plant, the first U.S. production for its luxury brand, as Chief Executive Officer Akio Toyoda pushes to localize output in its biggest markets.
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Toyota Motor Corp., the world’s biggest automaker, is being offered $146.5 million in tax incentives by Kentucky to expand a plant in the state that’s already the company’s largest in North America.
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Toyota Motor Corp., the world’s biggest maker of hybrid vehicles, boosted first-quarter sales of dual-powered autos as a jump in overseas demand outweighed a drop in Japan, where government subsidies expired last year.
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Toyota Motor Corp.’s Camry, the best-selling car in the U.S. for 11 straight years, will keep its lead in 2013 over competing midsize sedans from Honda Motor Co. and Ford Motor Co., Toyota’s U.S. sales chief said.
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Carlos Ghosn, chief executive officer of Nissan Motor Co., said the yen remains in “handicap territory” that creates challenges for Japan’s automakers even after the currency’s recent weakening.
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A commercial showing the new Ford Fusion being driven off a cliff led David Bowhall to visit a dealer last month for a test drive. The owner of four Mercedes- Benzes in the last five years said it wasn’t much of a leap.
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