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Hacienda Heights, California, US
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Lexus sales up but Toyota's profits tumble
Wed, 13 Aug 2008By Ben Whitworth Motor Industry 13 August 2008 13:25 With spiralling fuel prices, luxury off-roaders may be seen as the devil on wheels in the UK’s current cash-strapped economic climate – which would explain why last month saw a sharp drop in SUV sales at BMW, Audi and Mercedes. But not at Lexus. July 2008 sales of the company’s RX400h hybrid off-roader climbed 28 percent over the same period last year, rising from 223 to 285.
Will the new Ford Mondeo (2014) end up a re-badged U.S. Ford Fusion?
Fri, 26 Oct 2012With the 2013 Ford Mondeo now becoming the 2014 Mondeo with the closure of Ford’s Genk factory, will Europe now get a re-badged US Ford Fusion? The Genk Plant makes the Ford Mondeo and the Galaxy and S-Max (which are built on the Mondeo platform) and, at its peak, was building over 300,000 Mondeos and over 100,000 MPVs. But by last year the Mondeo production had dropped below 100,000 mark and MPV production had dropped to 80,000.
The Acura NSX at 25
Fri, 02 May 2014On Feb. 10, 1989, executives from Honda and a newly founded division known as Acura piled into a conference room in Chicago's historic Drake Hotel to rehearse the unveiling of an unbelievable new car -- a Technicolor vision for the future, something never before built by Honda or any Japanese automaker. As the public relations department went over its lines, Tadashi Kume, then-president of Honda and an instrumental figure in Honda's Formula One efforts, presided.