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In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have high interest rates. [1]
Toyota Motor Sales, USA, Inc. (TMS, also known as Toyota USA) is the North American Toyota sales, marketing, and distribution subsidiary devoted to the United States market. Founded in 1957 in California, TMS currently employs more than 6,500 people. As of spring 2017 Toyota moved to a new campus in Plano, Texas.
The vehicle, called the RAV4 PHEV (RAV4 Prime in North America until model year 2025), is powered by a differently-tuned 2.5-litre A25A-FXS engine with the same power output as the standard hybrid version but with uprated torque to 228 N⋅m (168 lb⋅ft) at 2,800 rpm. It has a total power output of 225 kW (302 hp), which is 62 kW (83 hp ...
Toyota Motor North America (TMNA) is the operating subsidiary that oversees all operations of the Toyota Motor Corporation in Canada, Mexico, and the United States. Its operations include research and development, manufacturing, sales, marketing, after sales and corporate functions, which are controlled by TMNA but sometimes executed by other subsidiaries and holding companies.
By the end of 2006 there were about 15 hybrid vehicles from various car makers available in the U.S. [1] By May 2007 Toyota sold its first million hybrids and had sold a total of two million hybrids at the end of August 2009.
Southeast Toyota Distributors LLC, (SET) founded in 1968, is the top private distributor of Toyota vehicles in the world. [4] [5] [6] They are franchised by Toyota Motor Sales, USA to sell vehicles and parts to car dealerships in the five states of Alabama, Florida, Georgia, South Carolina and North Carolina. [7]
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