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    • By William Maley
      Toyota North America Reports February 2017 Sales
      TMS posts best-ever February light truck Toyota division posts best-ever February light truck, SUV sales Toyota division posts best-ever February in RAV4, 4Runner, Highlander L/Certified by Lexus achieves best-ever February sales Plano, Texas (March 1, 2017) – Toyota Motor North America (TMNA), Inc., today reported its US February 2017 sales of 174,339 vehicles, a decrease of 7.2 percent from February 2016 on a volume basis. With the same number of selling days in February 2017 compared to February 2016, sales were down 7.2 percent on a daily selling rate (DSR) basis.
       
      Toyota division posted February sales of 156,001 units, down 5.4 percent on a volume basis and DSR basis.
       
      “Industry sales in February topped a 17 million unit pace for the eighth straight month,” said Bill Fay, group vice president and general manager of the Toyota division. “Led by best-ever February sales of RAV4, 4Runner, and Highlander the Toyota division also set a new light truck record for the month.”
       
      Lexus posted February sales of 18,338 vehicles, down 20.6 percent on a volume basis and DSR basis.
       
      “February saw continued demand for utility vehicles, and as we move into March, our healthy luxury utility vehicle inventory puts us in an excellent position to kick off our Command Performance Sales Event,” said Jeff Bracken, group vice president and general manager of the Lexus division. “In addition, February was a bright spot for L/Certified, with our dealers seeing another best-ever month in sales. This marks the 15th consecutive month of L/Certified record sales and growth.”
       
      February 2017 Highlights
      Camry posts January sales of 27,498 units Toyota division SUV posts best-ever February with sales of 54,623, up 14.3 percent Highlander posts best-ever February, up 27.8 percent RAV4 posts best-ever February with sales of 26,351 units, up 3.2 percent 4Runner posts best-ever February, up 28.7 percent Sequoia records 23.6 percent increase RX posts sales of 6,676 L/Certified by Lexus posts best-ever February sales of 7,762 *Note: Unless otherwise stated, all figures reflect unadjusted raw sales volume

    • By William Maley
      Back in November, we first learned about Mercedes-AMG's next standalone model possibly known as the GT4, a four-door coupe. The new model would be previewed by a concept before going on sale in 2019. We now have some new details on this model.
      Autocar reports the GT4 concept will be shown next month at the Geneva Motor Show to celebrate the 50th anniversary of AMG. A production model will soon follow a year later for European markets.
      The GT4 will serve as the replacement for the CLS Shooting Brake and use a modified version of Mercedes' modular rear architecture (MRA). According to sources at AMG, the GT4's variant of MRA will come with 'unique' wheelbase and track width measurements. The GT4 will also utilize aluminum and hot-formed high-strength steel in an effort to help cut weight.
      Power will come from a 4.0L V8 biturbo engine that will be offered in two states of tune - the highest one offering 600-plus horsepower. A performance-oriented version of Mercedes' 4Matic all-wheel drive will come standard. There is also talk about adding integrated starter generator (ISG) that would add a brief boost of power along with improving fuel economy.
      A 3.0L turbocharged V6 is possibly in the cards as well.
      Source: Autocar

      View full article
    • By William Maley
      Back in November, we first learned about Mercedes-AMG's next standalone model possibly known as the GT4, a four-door coupe. The new model would be previewed by a concept before going on sale in 2019. We now have some new details on this model.
      Autocar reports the GT4 concept will be shown next month at the Geneva Motor Show to celebrate the 50th anniversary of AMG. A production model will soon follow a year later for European markets.
      The GT4 will serve as the replacement for the CLS Shooting Brake and use a modified version of Mercedes' modular rear architecture (MRA). According to sources at AMG, the GT4's variant of MRA will come with 'unique' wheelbase and track width measurements. The GT4 will also utilize aluminum and hot-formed high-strength steel in an effort to help cut weight.
      Power will come from a 4.0L V8 biturbo engine that will be offered in two states of tune - the highest one offering 600-plus horsepower. A performance-oriented version of Mercedes' 4Matic all-wheel drive will come standard. There is also talk about adding integrated starter generator (ISG) that would add a brief boost of power along with improving fuel economy.
      A 3.0L turbocharged V6 is possibly in the cards as well.
      Source: Autocar
    • By William Maley
      How much is Opel worth? According to Bloomberg, the valuation being discussed by General Motors and PSA Group puts it around $2 billion dollars. According to sources, the total comprises about $1 billion in cash and about $1 billion in liabilities. The amount could change as two are still assessing a number of items such as the value of brand rights and savings potential.
      The sources also the framework for PSA to buy Opel could be finished by Thursday. This would be the same day when PSA Group reports full-year earnings. The sources go on to caution this could be pushed back because of the complex nature of the deal such us finding ways to reduce costs while keeping workers and the various unions happy.
      Source: Bloomberg

      View full article
    • By William Maley
      How much is Opel worth? According to Bloomberg, the valuation being discussed by General Motors and PSA Group puts it around $2 billion dollars. According to sources, the total comprises about $1 billion in cash and about $1 billion in liabilities. The amount could change as two are still assessing a number of items such as the value of brand rights and savings potential.
      The sources also the framework for PSA to buy Opel could be finished by Thursday. This would be the same day when PSA Group reports full-year earnings. The sources go on to caution this could be pushed back because of the complex nature of the deal such us finding ways to reduce costs while keeping workers and the various unions happy.
      Source: Bloomberg
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    • Drew Dowdell

      So help me.... One of these days these Miami drivers are going to make me test the loss damage waiver on my rental car. Worst drivers in the US.
      · 1 reply
    • Drew Dowdell

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