Toyota to Offer Rebates on Lexus Models to Boost Sales

by | Oct 6, 2010 | Towing

Seeking to boost sales of Lexus brand vehicles, Toyota plans to offer rebates of up to $3,000, as well as subsidized financing on certain models, company executives told a gathering of Lexus dealers from across the country this…

Daimler Denies Offer for Fiat Industrial Unit

by | Sep 22, 2010 | Towing

Daimler AG (DDAIF) denied that is in talks with Fiat SpA (FIATY) about taking over the Italian carmaker’s industrial operations.

“There are no talks on this with Fiat,” Daimler spokesman Florian Martens told Bloomberg News. “In our industry at this t…