Toyota Motor Corp.’s Lexus, dethroned by BMW and Mercedes as the U.S. luxury sales leader, aims to remake itself with models more like performance cars and less like family cars, leading to a new IS sport sedan intended to lure entry-level drivers who would otherwise buy German.
Chevrolet Dealer Gordon Stewart’s greatest challenge used to be competing against superior Japanese sedans. Now his biggest headache is getting General Motors Co. to build enough Chevy cars to satisfy growing demand.
After protests erupted across China last year over Japan’s nationalization of disputed islands, sales of Japanese-branded cars there plummeted. Nissan Motor Co.’s prescription for winning back Chinese drivers: a quieter ride and better gas mileage.
Toyota Motor Corp.’s revamped Camry, key to the carmaker’s U.S. sales revival, is likely to win a favorable review from Consumer Reports magazine, which has been critical of other Toyota and Honda Motor Co. models.
Once upon a time, trading in your reliable foreign car for an entry-level luxury ride was an obvious process. You drove a Toyota Camry? A Lexus ES was in your future. Die-hard Honda Civic types stepped up to an Acura.
Canadians are finally starting to heed central bank chief Mark Carney’s warnings about the perils of taking on too much housing debt. Yet when it comes to borrowing for a new Porsche or BMW, they aren’t holding back.