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Lexus

Lexus Sales Close Just Shy of Record Set in 2019

Global sales in 2021 were the second-highest annual result for Lexus. The brand’s all-time sales record of 765,330 units came in 2019 before the pandemic.

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Effects of Lockdown Keeps Vehicle Owners Locked in on Their Current Brand, J.D. Power Finds

Lexus and Subaru rank highest for third consecutive year.

Light Vehicle Sales Continue to Rebound as Microchip Shortage Squeezes Supply

Automakers reported impressive monthly results, showing increases that ranged from 40% to 70% compared to unit sales during the pandemic.

Kelley Blue Book Names Winners of 10th Annual 5-Year Cost to Own Awards

Honoring new-vehicle brands, models with lowest projected ownership costs to help shoppers save money.

Dealerware Selected to Support Lexus’ Leadership in Customer Service Experiences

Dealerware’s mobile-first connected car platform accelerates customer service, provides tools for automated cost recovery and is supported by the most comprehensive and responsive customer success team in the industry.

Autotrader Names Best Non-Luxury and Best Luxury Certified Pre-Owned Programs for 2020

Autotrader announced the 2020 Best Non-Luxury and Luxury Certified Pre-Owned Programs for 2020. Since today’s car shoppers are focused on value and affordability, CPO is a perfect option for a cheaper vehicle that has a manufacturer-backed warranty.

Frontier Leads Early Wave of Lease Price Drops

The latest report from Wantalease.com finds several factories already offering lease discounts ahead of the usual year-end rush.

Study: Tesla Drivers Have Highest Credit Scores

An analysis of more than 35,000 loans for pre-owned vehicles on the LendingTree platform finds Tesla, Porsche, and Lexus buyers had the highest average credit scores.

Toyota Recalls 1.67 Million Toyota, Lexus Cars

Japan’s Toyota Motor Corp said on Wednesday it would recall a total 1.67 million vehicles globally in a voluntary move to address three separate defects including a faulty brake master cylinder that could hinder the brake’s performance, Reuters. Toyota said in an email it was not aware of any crashes, injuries or deaths resulting from ... Read More »

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Dealership Buy/Sell Activity Jumps 60% in Q1

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