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0Report: Mercedes-Benz offering up to $5,000 discounts to VIPs 1351972860
In an effort to take the US luxury-sales crown from BMW, Mercedes-Benz is offering some sweet deals. The German carmaker has told its US dealers they can offer discounts up to $5,000 on the GL-Class SUV for "VIP customers," a distinction to be determined by general managers. The program ...
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Lexus boss Templin says brand to lose luxury sales crown over Japan quake 1303849200
Lexus has been the king of luxury car sales in the U.S. for over a decade, but Toyota's high-end brand will likely lose its crown in 2011, due at least in part to the March 11 earthquake in Japan. Certainly, Lexus was already facing a great deal of pressure from rivals like BMW and Buick, but ...
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Despite tough year, Toyota finishes 2010 with best-selling car, brand and luxury marque titles 1294245060
2010 Lexus GX460 – Click above for high-res image galleryBy most accounts, Toyota didn't have the rosiest of years in 2010. Hounded by safety recalls, lawsuits and government investigations, the automaker saw its once spotless reputation grow more sullied by the month. Still, it's ... -
REPORT: BMW threatening to oust Lexus as #1 luxury automaker in U.S. 1246383000
2010 BMW 5 Series Gran Turismo - Click above for high-res image galleryLife is hard at the top, whether that precipice happens to be at the zenith of the overall sales chart or of a specific market niche, such as Lexus' position as the best-selling luxury automaker in the United States. Toyota's ... -
As sales slump, Toyota cuts bonuses and vehicle production 1228262460
Management bonuses will be slashed 10 percent at Toyota as a result of the global economic slowdown. About 5,000 managers will take cuts as the Japanese automaker reels from falling global sales that are hitting its local market hard. Toyota vehicle sales in Japan dropped 27 percent in November ...

