Lexus Is 350 Loaded on 2040-cars

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Buyers resent low inventories, prices over MSRP, study says

Vehicle inventory low, vehicle transaction prices high, customers fretting … welcome, J.D. Power, to the era of supply and demand. In a recently published survey from one of the auto industryÂ’s top analytical firms, findings show that customers' satisfaction with vehicle purchases in the United States this year has dipped for the first time in 10 years. The 2022 U.S. Sales Satisfaction Index (SSI) Study found that overall sales satisfaction has dropped to 786 (on a 1,000-point scale) from 789 in 2021. In that year, higher than expected trade-in values softened the effect of new vehicle price increases. But in 2022, on top of trade-in prices shrinking, many dealers elected to charge more than the ManufacturerÂ’s Suggested Retail Price, a factor that did not sit well with buyers. “When dealers charge more than MSRP, particularly with long-term loyal customers, they risk a potential long-term negative effect on customer advocacy and service business," said Chris Sutton, vice president of automotive retail at J.D. Power. Satisfaction among buyers who paid more than sticker price is 757, while satisfaction among those who paid the sticker price or less is 850, the Power report said. The lack of dealership inventory was also a customer irritant, J.D. Power found, a point that automakers and their dealers may want to consider. Many have maintained, or considered maintaining, a smaller inventory in the wake of the pandemic, keeping costs down and driving more customers toward factory orders. Regarding those consumers shopping for electric vehicles, the survey said that more than a third of them “failed to get instruction on EV charging before they left the dealership, which notably affects satisfaction.” Said Sutton, “Salespeople donÂ’t need to show gas-powered vehicle buyers how to fill their tank, but they do need to show EV buyers how to charge their vehicle.” There are positives to the Power conclusions, however, especially for Alfa Romeo dealers. The Italian brand ranked highest in customer satisfaction among premium brands with a score of 833, with Porsche a very close second (831) and Lexus (819) third. Alfa is on something of a roll these days, with its compact Tonale crossover due for release in the spring, and a new sports car in the works. Meanwhile, in PowerÂ’s “mainstream brand”” segment, Buick ranked first with a score of 825, followed by Dodge (816) and Subaru (804), all performing higher than the industry average.

Lexus and Fender build a gleaming blue Stratocaster guitar

Car-themed guitars are nothing new, but they can sometimes be a little corny. They can look odd, having been shaped to be reminiscent of the car they're related to, or just have too much branding. But this Lexus LC Fender Stratocaster uses its automotive inspiration to its advantage and is a stylish instrument, regardless of whether you care about cars. Right off the bat, the guitar is refreshingly free of Lexus branding, save for the plaque on the back that also bears the instrument's serial number. But most every part of the guitar is based on the Lexus LC. Most prominent is the blue paint, which is the same Structural Blue that was offered on the LC. It gets its name from the fact that there are no blue pigments in the paint, but the materials used reflect blue light, giving it its hue. It's used on the body as well as the head of the guitar. The body also features a carbon fiber pick guard with a weave that matches the carbon fiber used on an LC spoiler. Even the knobs were machined to look like those used on the LC's sound system. It all comes in a case wrapped in carbon-fiber-patterned vinyl with leather ends. There are other elements that aren't specifically automotive. The neck is a light-stained flame maple with a dark blue fret board Fender used to complement the colors of the guitar. The fret board also features cool white inlays that glow blue in the dark. Only 100 of these LC Stratocasters will be made. Each is priced at $6,000. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Apple self-driving cars are real — one was just in an accident

An Apple self-driving car was involved in an accident in California, the technology company said in a filing to the state's Department of Motor Vehicles that confirmed speculation that it has begun testing such vehicles on the road. The accident happened last week when the test vehicle, a Lexus SUV, was rear-ended by a 2016 Nissan Leaf, according to the filing on the DMV website. Apple was not immediately available for comment. Apple has kept tight wraps on its ambitions for self-driving cars, declining to publicly acknowledge them until it wrote a letter to U.S. transportation regulators in late 2016 urging them not to restrict testing of the vehicles. Last year, Apple secured a permit to test autonomous vehicles in California. Related: Why this could be the perfect time for Apple to make a car play Related Video: Image Credit: Getty Auto News Green Lexus Technology Emerging Technologies Autonomous Vehicles