Toyota Motor Corp. will begin phasing in two safety features to its upcoming vehicles for the 2020 model year, one of which will help prevent them from rolling away when the driver has exited the vehicle.
The U.S. auto industry is heading toward a nearly 30% decrease in sales by 2022, a Bank of America Merrill Lynch analyst predicts. The Detroit News reports that softening vehicle sales since 2016 will continue as cyclical demand softens.
Debt-strapped millennials. Ride-sharing apps. Self-driving technology. The list continues to grow as evidence of "peak car" mounts. Now it's time to add a shift to used-car sales to the list, according to a recent report from CFRA Research.
Toyota kept its title as the world's most valuable car brand in a year in which only three automakers finished in the top 100 global brand list, down from five in 2018 and six in 2017, reports Automotive News.
According to data from the Q2 2019 Cox Automotive Dealer Sentiment Index (CADSI) released today, U.S. auto dealer sentiment is similar to the first quarter as the overall current market index remained in negative territory.
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