Lexus

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US Cars Catch Foreign Makers in Dependability

(Newser) - Buick and Jaguar are the most dependable all-around car brands this year, the Detroit News reports. A study by JD Power and Associates looked at the average number of problems that crop up in 2006 models to make its estimation, which could be more influential as the recession has drivers...

Toyota's Losses Will Triple
Toyota's Losses Will Triple  

Toyota's Losses Will Triple

First loss in seven decades multiplies as market deteriorates

(Newser) - Toyota now expects its full-year operating loss to be three times larger than the $1.6 billion it forecast in December, the New York Times reports. The company expects to lose $5 billion for the fiscal year through March 31 as world automobile demand deteriorates. Toyota, which last year overtook...

Luxury Car Sales Hit the Skids
Luxury Car Sales
Hit the Skids

Luxury Car Sales Hit the Skids

Shine wears off top end of auto market as downturn bites

(Newser) - Sales of luxury cars are dropping as fast as their downmarket counterparts, the Wall Street Journal reports. Sales of top-end vehicles plunged 30% last month, spelling major trouble for carmakers who had been relying on fat profit margins on luxury cars to offset falling demand for mass-markets vehicles. Analysts...

Top 10 Priciest Cars to Own
 Top 10 Priciest Cars to Own

Top 10 Priciest Cars to Own

Mercedes takes top four spots on Forbes list

(Newser) - Gas prices may be sinking, but the owners of luxury and high-performance vehicles wouldn't know it. Factoring in $4-plus premium gas, depreciation, insurance, fees, and sales tax, some top cars cost double over a 5-year stretch what owners first paid. Forbes wheels out the priciest (including 5-year pricetag):

Lexus Most Reliable, Again
 Lexus Most Reliable, Again 

Lexus Most Reliable, Again

(Newser) - A new study by JD Power and Associates places Lexus on top for dependability for the 14th straight year, AutoWeek reports. Filling out the rest of the top five most dependable brands, with reported problems per hundred vehicles sold:
  • 2. Mercury (151)
  • 3. Cadillac (155)
  • 4. Toyota (159)
  • 5. Acura
...

Against the Odds, Maserati Sales Jump

12-MPG, $115K sports car sees 20% US growth so far in '08

(Newser) - Buoyed by wealthy, middle-aged men who can afford to defy high gas prices and a plummeting economy, sales of Maserati luxury cars are up in the US this year, Bloomberg reports. Common brands like Lexus and BMW have seen sales fall, but the very rich don't skimp when they see...

Lawmakers Give Up Guzzlers—Grudgingly

Energy bill amendment forces House reps to ditch taxpayer-funded gas-guzzlers

(Newser) - Last year's energy bill requiring House members to drive eco-friendly vehicles—if taxpayers are footing the bill—has some reps turning green at the thought of giving up their gas guzzlers, reports the Los Angeles Times. "I guarantee you my district is not upset that I'm driving a Chevy...

Lexus Reaches for Luxury Cachet
Lexus Reaches for Luxury Cachet

Lexus Reaches for Luxury Cachet

Wealthy suburbanites' car of choice gets high-end makeover

(Newser) - Stodgy luxury standby Lexus is trying to trade up to the hot "prestige luxury" market with a new line of $70,000 and up automobiles.  Along with the new models comes a massive rebranding effort that aims, says a  marketing manager, to get "Louis Vuitton, Prada, Gucci...

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