Posted by Dale Buss on August 29, 2013 06:22 PM
Toyota plans to keep pressing the advantages of its renewed mojo in the US market with sportier hybrids, a greater emphasis on customer care and the possible addition of more production in Mexico to supply American customers.
The company has seen its market share in the US slip from a peak of 17 percent in 2009 to around 14 percent this year through July, as it was afflicted by natural disasters, its safety-recall fiasco, and intensified competition that took advantage of Toyota's weakness.
"Of course many customers still believe in Toyota, but some don't trust us," said Kazuo Ohara, CEO of Toyota's US Sales arm, according to Automotive News. "To recover our reputation, we should get back to basics.Continue reading...
Posted by Dale Buss on August 28, 2013 09:31 AM
Walmart plans to offer health benefits to same-sex domestic partners of US workers.
Nissan says it will have self-driving cars ready by 2020.
New York Times says it was hacked this time, and so was Twitter, HuffPost UK.
Apple sees judge planning to narrow scope of oversight in e-books case.
BlackBerry weighs spinoff of Messenger service.
Burger King plans burger topped with french fries.
Courtyard by Marriott caters to NFL fans.
Daimler wins French court ruling to resume vehicle sales in France.
Facebook to pay $20 million in class action lawsuit over sponsored stories.Continue reading...
Posted by Dale Buss on August 21, 2013 07:03 PM
One of the most hopeful signs for the long-term global automotive business is that car brands keep coming up with new ways to please wealthy buyers. These lures attain different levels depending on whether you're Ferrari, Tesla or Lexus, but each brand is demonstrating its bullishness with innovative ways of reaching their target demographics.
Ferrari, for example, plans to field more hybrid vehicles for the ultra-rich crowd in the wake of the success of its $1.3 million LaFerrari. The 963-horsepower hybrid, unveiled at the Geneva Auto Show in March, is already sold out under CEO Luca Cordero di Montezemolo's strategy of planned scarcity that boosts a product's cache—and profit margins.
"I don't believe in the electric cars, but I strongly believe in hybrids," Montezemolo told Bloomberg Television. Porsche and Land Rover also are easing into the hybrid business.Continue reading...
Posted by Dale Buss on August 7, 2013 10:23 AM
You can dispute the exact fuel, but there's no argument that fast food and late-night gnoshing can power the most successful entrepreneurial dreams. Domino's Pizza is tapping into that reality with a new promotion called "Powered by Pizza" that expands the brand's digital chops while also identifying it with business-building ambitions.
Domino's said in a press release that it "wants to inspire groups—often brainstorming over pizza—with the proper food for thought." So America's No. 2 pizza brand is going to offer gift cards to individuals on the fundraising site Indiegogo who pledge support toward select projects reflecting great and innovative ideas. And in a "Pizzavestments" aspect of the program, Domino's is awarding $500 gift cards to about 30 startup companies throughout the country.
"The reason this campaign works is that people already fundamentally get that it's true: Innovators and creative people and students and everyone around the world use pizza to kind of fuel their late-night productive sessions," Domino's CEO J. Patrick Doyle told brandchannel. "We're going to give pizza away to people who are generating those new ideas and funding those new ideas." In fact, Doyle himself will sign a letter and cerftificate accompanying the prizes.Continue reading...
Posted by Dale Buss on August 1, 2013 07:11 PM
Toyota in July outsold Ford in the United States for the first time in more than three years. That was just one reason the Japanese automaker was the biggest winner of the week in the global auto industry as US monthly sales results were revealed today.
In addition to its 17 percent US sales gain over a year ago, Toyota this week also was expected to report robust profitability and lay down bullish production plans that would make it the first global automaker ever to manufacture 10 million units in a year.
Overall, the industry remained strong, posting a seasonally adjusted annual rate of sales of about 15.7 million for July, the second-highest monthly mark in six years and an indicator that full-year US sales likely will total around 15.5 million, which would be a 50 percent increase from just four years ago. In July, every automaker posted a sales increase over a relatively weak July 2012.Continue reading...
Posted by Dale Buss on July 23, 2013 09:14 AM
Taco Bell eliminates kids' meals.
JCPenney names former Kraft marketing exec Debra Berman as VP brand strategy.
Netflix sees subscriber growth fall short of expectations.
Al-Jazeera taps ABC veteran to run editorial operations in US.
Bentley invests heavily to boost UK car industry.
Chevrolet aims new Silverado ad at women, who buy 15 percent of pickups.
Cisco to buy cybersecurity firm Sourcefire for $2.7 billion.
Dell founder presses shareholders on his proposed buyout.Continue reading...
Posted by Dale Buss on July 12, 2013 09:12 AM
P&G changes Tide Pods packaging to look less like candy.
Chobani lures Kellogg exec to run day-to-day operations.
Walt Disney says transactional wristbands raise sales at Disney World.
ABC sees The View retain vital role in daytime TV.
AT&T pitches Mariano Rivera promo to Yankees fans.
BP blanches at bill for Gulf cleanup.
DDB Chicago CEO heads to Chobani for chief marketing role.
Dell eyes more R&D as key to revival while Carl Icahn says he'll sweeten his offer for company.
GM seen not adding to ownership in Peugeot.Continue reading...
Posted by Dale Buss on June 5, 2013 09:03 AM
Apple faces a limited ban on product sales in wake of court victory by Samsung.
Toyota recalls nearly a quarter-million Prius and Lexus hybrids.
Allegiant Air emerges as most profitable airline in America.
Amazon plans major expansion of grocery delivery, report says, while it is attacked by French culture minister as "destroyer of bookshops" and reaches deal with Viacom to stream kids' shows.
Bloomberg begins fund to invest in startups.
Carl's Jr and Hardee's go after McDonald's disaffected Angus customers.
Chrysler challenge of federal recall effort on Jeeps is unusual.
Delta plans to reduce operations at Memphis hub.Continue reading...