Sales
THE TOYOTA RECALL CRISIS

Toyota may extend discounts past March, Esmond says

4:00 pm U.S. ET | March 12
Toyota Motor Corp. may keep aggressive discounts available for U.S. consumers beyond this month after unprecedented incentives lifted U.S. sales in early March. Toyota's U.S.... Read More »
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Nissan work van hauls 'why-didn't we-think-of-that?' features

9:34 am U.S. ET | March 12
It may be one of the least sexy vehicles Nissan Motor Co. has ever unveiled: a big white commercial van with blank side panels and a bare interior. But the new NV2500 that Nissan executives presented to the public here Wednesday at the 2010 Work Truck Show represents a daring challenge to the U.S.... Read More »
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Honda CR-Z orders in Japan hit 7,000 units, half annual sales target

4:03 pm U.S. ET | March 12
Honda Motor Co. has racked up 7,000 orders in Japan for its new CR-Z sporty hybrid, which went on sale here Feb. 25. It will arrive in U.S. showrooms this summer. The tally is more than half Honda's annual sales target of 12,000 units in Japan.... Read More »
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Dealers

GM reinstatement offers deemed 'more than fair'

6:11 pm U.S. ET | March 12
General Motors Co. is imposing no onerous conditions on dealers who it is offering to reinstate, five lawyers said today. Most of the 661 eligible dealerships will agree to the conditions outlined in the letter of intent that GM started sending today, the lawyers and some dealers said.... Read More »
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Finance & Insurance

Congressional panel says GMAC has no business plan, suggests break up

4:30 pm U.S. ET | March 11
GMAC Inc. still has no business plan even after receiving a $17.2 billion investment from the government, and the Treasury Department has been lax in making sure that the bank repays taxpayers, a congressional panel said today.... Read More »
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Marketing

Nissan gets stamp of approval in Japan

2:31 pm U.S. ET | March 12
Nissan Motor Co. just got the Japanese government's official stamp of approval. Literally. Japan Post Network Co., the country's national postal service, has issued a limited-edition set of stamps to commemorate Nissan's popular Skyline sedan and its electric-car heritage.... Read More »
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Remarketing

SmartAuction will handle used-car disputes

12:01 am U.S. ET | March 8
GMAC Financial Services now will arbitrate disputes for dealers who find previously undisclosed problems with vehicles they bought through GMAC's SmartAuction online remarketing channel -- no matter the seller.... Read More »
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Service & Parts
THE TOYOTA RECALL CRISIS

Toyota Prius acceleration incident reported in New York

12:01 am U.S. ET | March 11
U.S. federal regulators said they were looking into a report of another runaway Toyota Prius, this one in Westchester County, N.Y., where police said a woman pulling out of a driveway zoomed across a busy street and into a stone wall.... Read More »
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NADA

Store profits up in '09; cost cuts help offset weak revenues

12:01 am U.S. ET | March 1
The average U.S. dealership's profits rose sharply last year despite lower overall revenues and fewer unit sales industrywide. The average dealership's net pretax profit margin rose to 1.5 percent in 2009 from 1.... Read More »
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