April 9, 1999 |
The nation's seemingly supercharged economy has been good to car makers and very good to their luxury-vehicle units. And it was especially good to Lexus, Toyota's high-end marque, in the first quarter of 1999. Coming off a year in which it posted a 60% U.S. sales increase, Torrance-based Lexus ended the first quarter with a 42.5% hike in sales. The gain was driven by the division's two hot-selling sport-utility models.
September 19, 1991 |
Toyota's U.S. television advertising for 1992 will include shots of workers inside the company's Georgetown, Ky., assembly plant to show the largest Japanese auto maker is a good U.S. citizen. The Toyota ad introduced Wednesday would be the first national television ad by a Japanese auto maker showing its U.S. workers. The spot is part of a campaign that also includes ads for Toyota's new cars and trucks, with a spotlight on an all-new Camry, the company's most popular car.
April 21, 1988 |
Charging that Toyota USA has failed to notify car owners of an alleged "brake pulsation" defect on its 1983-1986 Camry models, a Los Angeles public interest law firm announced Wednesday that it is suing the auto giant in a nationwide class-action lawsuit.
May 20, 1997 |
A Texas administrative law judge has denied Republic Industries' request to move ahead with its proposed purchase of a Houston Toyota dealership without a formal hearing on Toyota Motor Sales U.S.A.'s opposition to the deal. Torrance-based Toyota said the ruling, handed down late Friday, is a victory for its side. At Fort Lauderdale, Fla.-based Republic, executives said they were disappointed but not worried. No date has been set for the hearing.
August 26, 1997 |
Republic Industries Inc. and Toyota on Monday reached a tentative resolution in a dispute over a buying spree of car dealerships by billionaire H. Wayne Huizenga's company. Republic and Toyota issued a joint statement after a meeting in Dallas, saying they reached a deal that will help the companies avoid a court battle.