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Albany, New York, United States

Albany, New York, United States
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Auto Services in New York

Zuniga Upholstery ★★★★★

Automobile Parts & Supplies, Upholsterers, Automobile Seat Covers, Tops & Upholstery
Address: 31 Crown St, Brightwaters
Phone: (866) 595-6470

Westbury Nissan ★★★★★

New Car Dealers
Address: 15 Kinkel St, Locust-Valley
Phone: (516) 338-5600

Valvoline Instant Oil Change ★★★★★

Auto Repair & Service, Auto Oil & Lube, Automotive Tune Up Service
Address: 907 Old Country Rd, Old-Westbury
Phone: (516) 334-1442

Valvoline Instant Oil Change ★★★★★

Auto Repair & Service, Auto Oil & Lube, Automotive Tune Up Service
Address: 7374 Pittsford Palmyra Rd, Port-Gibson
Phone: (585) 223-1840

Value Auto Sales Inc ★★★★★

Auto Repair & Service
Address: 4854 Broadway, Wales-Center
Phone: (866) 595-6470

TM & T Tire ★★★★★

Auto Repair & Service, Automobile Body Repairing & Painting, Tire Dealers
Address: North-Salem
Phone: (718) 729-3500

Auto blog

Toyota reports huge quarterly profit increase, raises forecast for the year

Sun, 04 Aug 2013

Toyota isn't just the world's largest automaker - so far its the biggest winner for quarterly profits. With an enormous $5.5 billion take during Q2, Toyota took advantage of the weak Japanese yen and strong US demand to record a 94-percent improvement in profit over the same period from last year. So far, Toyota brought in larger profits than Ford and General Motors combined.
Toyota is showing no signs of slowing down either, as it has bumped up its forecast for full-year global production, going from 9.94 million to 10.12 million vehicles, on the back of a 13-percent drop in the buying power of the Japanese yen versus the US dollar. That strong exchange rate is largely responsible for Toyota's big jump in profits, although it also managed to shift 1.3 million vehicles in the US market this year. Strong Camry sales have also helped. But while Toyota is raking in the cash, it actually saw a small drop in market share, down 0.1 percent to 14.3 percent of the US market.
As is the case with most automakers, Toyota seems flummoxed by Europe, where it recorded less than one percent of its revenue. Still, as Automotive News points out, Toyota only maintains a 4.5-percent market share in Europe and is far less dependent on the continent than other manufacturers. Toyota also struggled at home, much like Honda. With 525,777 units sold, JDM sales were down almost 51,000 units, although Toyota still saw its operating profit jump from $3.5 billion to $4.6 billion.

10% of Toyota China dealers may drop due to losses

Thu, Jan 1 2015

News about the auto industry in China is usually positive thanks to booming sales and an ever-increasing number of factories across the country. But in some cases, it appears that the dealers with the job of actually selling all of those vehicles are having trouble finding buyers. The result is cars piling up on lots and showrooms resisting against automakers. Japanese automakers already face a tough road to success in China, but the FAW-Toyota joint venture is especially struggling this year. According to Bloomberg, as many as 10 percent of the dealers might have to close or stop selling the brand because they just can't make money selling the vehicles on their lots. Also, 95 percent of the showrooms are reportedly losing money. The issue facing FAW-Toyota sellers is mostly a case of supply and demand. Automakers in China mandate the number and types of vehicles that dealers sell. However, the inventory from all makes is at its highest level since August 2013, according to Bloomberg. The situation leaves dealers with packed lots, and cars often require discounts to move. Making matters harder is that showrooms have annual sales targets, which are linked to bonuses. This money can account for over half of the sellers' annual profits, according to Bloomberg. The FAW-Toyota dealers are pushing back by asking Toyota for 2.2 billion yuan ($355 million) to pay for costs associated with the extra inventory. It also lowered sales targets by six percent earlier this year and has requested no increase in the numbers for 2015. News Source: BloombergImage Credit: Nelson Ching / Bloomberg via Getty Images Earnings/Financials Toyota Car Buying Car Dealers

Toyota, Ford decide to end hybrid collaboration before it starts

Tue, 23 Jul 2013

Not all so-called Memorandum of Understanding pacts end in actual collaborations. For instance, after a two-year "feasibility study," Toyota and Ford have just announced that they will not be developing hybrid systems for use in light trucks and SUVs as previously planned, and the two automakers will instead continue to develop their own hybrid technology independently.
The would-be collaboration was first announced in August of 2011, and would have seen a rear-wheel-drive hybrid platform that would "improve the efficiency of trucks and SUVs while still allowing them to be driven in the way customers expect," according to our initial post on the topic.
Keep in mind that this announcement isn't to say we shouldn't expect hybrid pickups and SUVs from the two automakers, but that they probably aren't coming very soon - Ford says it will have a system "before the end of this decade" and we haven't heard much from Toyota on the hybrid truck front since the 2008 A-BAT Concept (pictured above) - and that they will not share any components between them (and they never have, for what it's worth).