Photo courtesy of Toyota. The domestic automakers finished lower on the list of 29 brands. Ford ranks the highest at 18, followed by Buick at Cadillac is the worst-rated domestic manufacturer at
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Toyota to launch 'subscription' car service in January New system allowing customers to try out various models will be Japan's first Nikkei staff writers November 01, JST With its new car sales declining, Toyota is exploring business opportunities that do not depend on its traditional business model of producing and selling automobiles. The new offering is part of the company's efforts to explore new business opportunities that do not depend on new car sales alone. Toyota will become the first Japanese automaker to launch such a "subscription" service, envisioning cases where customers could, for example, use its Lexus sedan for a certain period of time and then switch to an SUV. The company will consider introducing the scheme overseas as well, including in Asia. Toyota plans to launch the service at its affiliated dealerships in Tokyo as early as January, and then expand it to other regions.
Fifty-five years after Toyota became the first Asian automaker to sell cars in the U. In fact, Asian brands have surpassed the Big 3 in sales this year. It's a reflection of the resurgence by Japanese brands following last year's earthquake and tsunami. It also shows a new reality for Detroit where a trimmed down Big 3 with fewer brands is finding it tougher to win over American car buyers. While the increased supply of vehicles by the Japanese Big 3 Toyota , Honda and Nissan following last year's earthquake and tsunami has helped boost their sales, dealers think there is a more basic reason: Americans are more comfortable with the Asian brands.
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If implemented, the stimulus measures could boost the world's largest auto market, which recently suffered its first annual decline since Continued government support specifically for new-energy vehicles, which include electric cars, is also in the cards. But traditional automakers may be in for a disappointment as Chinese consumers show increased interest in local startups. Instead, Zhao said he would prefer one of the cars developed by NIO, a Chinese startup specializing in electric autonomous vehicles, which he believes would offer a unique driving experience in the new-energy age. John Li, a year-old man from the southern Chinese province of Hunan, agreed.
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