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Feb/12 - Toyota recalling 1 million U.S. cars, including Prius, over software problems
Toyota is voluntarily recalling 1.9 million Prius vehicles worldwide due to a software problem that could cause the vehicle to shut down or lose other functions. In the U.S., this includes 711,000 Prius vehicles for the 2010-14 model years. "This would definitely be considered a big recall," said AutoPacific's Ed Kim. "They're recalling pretty much every Prius built since 2010." Ed doesn't believe this will have a major impact on Toyota's reputation with consumers, however.
Feb/11 - Luxury Automakers Find Bigger is Better Again
Despite an increasing focus on fuel economy, by both automakers and buyers, massive luxury SUVs like the Lincoln Navigator still have a solid customer base. So solid that Lincoln just debuted its 2015 Navigator and Cadillac has a 2015 redesign of the Escalade. AutoPacific's Dave Sullivan says, "There's a loyal following that just keeps coming back." He believes this trend will continue as long as fuel remains relatively cheap.
Feb/05 - Fiat Chrysler aimed to beat Ford Fusion with new 200
The new Chrysler 200 is a head-turner and is out to beat the Ford Fusion. AutoPacific's Dave Sullivan shares his comments on the redesigned vehicle, unveiled at the Detroit auto show last month. "It's more of a design statement than Toyota, Honda or Nissan. It has more of a personality," says Sullivan.
Jan/21 - AutoPacific U.S. Light Vehicle Sales Forecast Shows Relaxed Growth in 2014 as Market Stabilizes
AutoPacific today officially announced its forecast for 2014 U.S. light vehicle sales. Predicting greater than a 550,000 unit increase over 2013, AutoPacific forecasts a 2014 year-end total of 16.1M units. With forecast accuracy of 97.4% in 2013, AutoPacific achieves a 10-year average accuracy of 95%.
Jan/13 - Toyota's Sports Coupe Concept Signals Performance Push
Toyota showed its FT-1 front-engine, rear-wheel-drive coupe at the North American International Auto Show in Detroit, signaling a desire to get back into sports cars. "The reason for any brand to have a sports car is to provide a halo," said AutoPacific's Ed Kim. "Bringing back the Supra or adding a muscle car to the Toyota brand is more about generating buzz than big sales."