Lexus

Automakers’ Record Number of EV Demos At Electrify Expo Indicates EV Demand is Hot

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月曜日, 3月 18, 2024

Rivian’s all-new R2 SUV was a major draw for attendees as the vehicle made its East Coast debut.

Key Points: 
  • Rivian’s all-new R2 SUV was a major draw for attendees as the vehicle made its East Coast debut.
  • In addition, Kia and Volvo returned to the festival with some of their much anticipated EVs including Kia’s EV9 and Volvo’s EX30.
  • Ford returned to the Thrill Zone offering festival goers the opportunity to take a hot lap in the Mustang Mach-E® GT with a professional driver.
  • “The turnout in Orlando was massive and it's evidence that EV demand is growing fast,” said BJ Birtwell, CEO and founder of Electrify Expo.

First partial driving automation safeguard ratings show industry has work to do

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火曜日, 3月 12, 2024

“We evaluated partial automation systems from BMW, Ford, General Motors, Genesis, Lexus, Mercedes-Benz, Nissan, Tesla and Volvo,” IIHS President David Harkey said.

Key Points: 
  • “We evaluated partial automation systems from BMW, Ford, General Motors, Genesis, Lexus, Mercedes-Benz, Nissan, Tesla and Volvo,” IIHS President David Harkey said.
  • The GMC Sierra and Nissan Ariya are both available with partial automation systems that earn marginal ratings.
  • “Some drivers may feel that partial automation makes long drives easier, but there is little evidence it makes driving safer,” Harkey said.
  • “These results are worrying, considering how quickly vehicles with these partial automation systems are hitting our roadways,” Harkey said.

The Presidio Group Q4 Report: Dealer Profit Erosion, Falling Store Valuations

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水曜日, 3月 27, 2024

The Q4 2023 edition of “Presidio Perspectives: A Quarterly Outlook on Auto Retail and M&A Trends” sums up the industry’s performance in 2023 and provides an outlook on trends happening in 2024.

Key Points: 
  • The Q4 2023 edition of “Presidio Perspectives: A Quarterly Outlook on Auto Retail and M&A Trends” sums up the industry’s performance in 2023 and provides an outlook on trends happening in 2024.
  • Presidio’s newest report details how macroeconomic, OEM and consumer trends are impacting the outlook for the retail automotive industry.
  • “This year will be choppier and will likely trend down overall,” said George Karolis, president of The Presidio Group.
  • The report also contains the results of the second quarterly Presidio Dealer Direction Survey.

Mobil 1 Marks 50th Anniversary with Celebratory Racing Liveries Throughout 2024 Motorsports Season

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金曜日, 3月 15, 2024

To celebrate the 50th anniversary of Mobil 1™ motor oil, this year the brand will showcase more than 40 iconic, specially-designed liveries and paint schemes on the track throughout the 2024 motorsports season.

Key Points: 
  • To celebrate the 50th anniversary of Mobil 1™ motor oil, this year the brand will showcase more than 40 iconic, specially-designed liveries and paint schemes on the track throughout the 2024 motorsports season.
  • Mobil 1 motor oils have long been the choice for preeminent race teams competing in the most demanding and popular motorsports series around the globe.
  • “These liveries exemplify our collaborations in lubricant innovation in the world of motorsports.
  • For coverage of Mobil 1 Twelve Hours of Sebring Presented by Cadillac as well as upcoming gold liveries and paint schemes, visit @mobil1racing on Instagram and X all year-long.

Kelley Blue Book Announces Winners of 2024 Consumer Choice Awards

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水曜日, 3月 27, 2024

ATLANTA, March 27, 2024 /PRNewswire/ -- After several years of car-buying challenges due to production complications from the pandemic, 2024 is finally a great time for consumers to buy a new car, with supply evening out and more deals becoming available. Yet while some of the challenges have eased up, buying a new car is still a huge purchase decision where shoppers devote hours to researching which brand and model is best for them, and consumer perception weighs heavily into this process. Recognizing automakers' outstanding achievements in creating and maintaining brand attributes that earn the attention and enthusiasm of new-car buyers, Kelley Blue Book, a Cox Automotive company, today announces the winners of the 2024 Consumer Choice Awards. These awards – formerly known as the Brand Image Awards – are based on annual new-car shopper perception study data. Award categories are calculated among in-market luxury and non-luxury, including truck and electric vehicle (EV)/hybrid shoppers who plan to purchase within the next 12 months.

Key Points: 
  • Honda is the big champion in consumer perception for 2024, sweeping all but one of the non-luxury category awards.
  • Mercedes-Benz brings home two 2024 Consumer Choice Awards for Most Refined Luxury Brand and Best Car Styling Luxury Brand.
  • The 2024 Kelley Blue Book Consumer Choice Awards – formerly known as the Brand Image Awards – are based on consumer automotive perception data from Kelley Blue Book's Brand Watch study.
  • For more information about the 2024 Kelley Blue Book Consumer Choice Awards, visit https://www.kbb.com/awards/consumer-choice-awards/ .

2025 LEXUS NX ADDS COLOR, CONVENIENCE AND CONNECTIVITY

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水曜日, 3月 20, 2024

Under the "Lexus Electrified" vision, the NX line provides customers with a diverse mix of powertrains, including two hybrid electric models.

Key Points: 
  • Under the "Lexus Electrified" vision, the NX line provides customers with a diverse mix of powertrains, including two hybrid electric models.
  • The lower center of gravity and enhancements in vehicle dynamics combine for the increased performance of the 2.4L turbo on the NX 350.
  • The 2025 NX blends a sporty, sophisticated design with a low center of gravity that forges a striking impression from every angle.
  • For 2025, the NX comes standard with Lexus Safety System+ 3.0, which brings a suite of key active safety and convenience features to the vehicle.

TLF Performance Parts Proudly Presents Their Recent Inventory Expansion

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火曜日, 3月 19, 2024

ELDORADO, Ill., March 19, 2024 /PRNewswire/ -- TLF Performance Parts is thrilled to announce the latest additions to their product lineup!

Key Points: 
  • ELDORADO, Ill., March 19, 2024 /PRNewswire/ -- TLF Performance Parts is thrilled to announce the latest additions to their product lineup!
  • These high-quality parts are designed to enhance the performance and reliability of these popular vehicle models.
  • TLF Performance Parts offers a wide range of GDI fuel injectors, from stock OEM to high performance for high flow.
  • What sets TLF Performance Parts apart from their competitors is that they are the only company in the USA manufacturing high-performance fuel injectors for high-flow applications.

UNCLE NEAREST CEO FAWN WEAVER'S "LOVE & WHISKEY" SHATTERS PRE-PUBLICATION SALES EXPECTATIONS, ECLIPSING NATIONAL BESTSELLERS FOUR MONTHS AHEAD OF RELEASE

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火曜日, 3月 12, 2024

NEW YORK, March 12, 2024 /PRNewswire/ -- Melcher Media, the distinguished book producer and publisher of over 30 New York Times bestselling books known for its bespoke and exquisitely crafted titles for the world's most renowned celebrities and brands—including Oprah Winfrey, Kobe Bryant, J.J. Abrams, Lexus, Nike, and Microsoft—announced today that its newest title by New York Times bestselling author and Uncle Nearest founder and CEO, Fawn Weaver, Love & Whiskey: The Remarkable True Story of Jack Daniel, His Master Distiller Nearest Green, and the Improbable Rise of Uncle Nearest, appears destined for national bestseller status four months prior to release.

Key Points: 
  • The book cover, which Weaver unveiled for the first time alongside actor Jeffrey Wright on CBS' "The Talk" on February 22, generated significant buzz online.
  • Wright first shared the story of Jack Daniel and Nearest Green in a 2017 short film titled " The Story of Nearest Green " and the producers of The Talk confirmed the aligned booking was purely serendipitous.
  • This milestone event marked an exciting moment in the book's journey toward publication, set for June 18, 2024.
  • And for the first time, I was being forced to see it in another light," Weaver began in describing what made her write this book.

New-Vehicle Average Transaction Prices Retreat for Second Straight Month, According to Latest Kelley Blue Book Estimates

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月曜日, 3月 11, 2024

ATLANTA, March 11, 2024 /PRNewswire/ -- New-vehicle transaction prices (ATP) in February 2024 held mostly steady, according to an analysis by Kelley Blue Book, falling less than one-tenth of 1% from the revised January ATP.

Key Points: 
  • ATLANTA, March 11, 2024 /PRNewswire/ -- New-vehicle transaction prices (ATP) in February 2024 held mostly steady, according to an analysis by Kelley Blue Book, falling less than one-tenth of 1% from the revised January ATP.
  • Incentive packages continue to be highest with Infiniti, Audi, Mini, and Polestar, all over 10% of average transaction price, according to Kelley Blue Book estimates.
  • Incentives at Land Rover averaged only 2.0% of ATP, according to the Kelley Blue Book estimates.
  • Model 3 transaction prices last month, at $43,614, were lower year over year by 12% and near the lowest level on record.

BlackBerry Named Frost & Sullivan Company of the Year in the Global Automotive Embedded OS Industry

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月曜日, 3月 11, 2024

WATERLOO, ON, March 11, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) is proud to receive the Frost & Sullivan Best Practices Award for Company of the Year in the global automotive embedded operating system (OS) industry.

Key Points: 
  • WATERLOO, ON, March 11, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) is proud to receive the Frost & Sullivan Best Practices Award for Company of the Year in the global automotive embedded operating system (OS) industry.
  • In its Best Practices Recognition evaluation, Frost & Sullivan highlights the technology, innovation, and customer support leadership delivered by the comprehensive BlackBerry® QNX® portfolio and team across automotive and wider embedded markets, including industry, medical, and robotics.
  • The company has earned a reputation for offering the best solutions in the automotive embedded OS market.
  • With its strong overall performance, BlackBerry is well deserving of this Frost & Sullivan Global Company of the Year Award."