Lentz: Toyota sales up 30 percent in March; worst may be over
Perhaps seeing some light at the end of the tunnel, Toyota expects March sales to be up 30 to 35 percent over year-ago figures, outpacing industry gains, its top U.S. executive said today.
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Source: Lentz: Toyota sales up 30 percent in March; worst may be over
Quote from the article:
Jim Lentz, president of Toyota Motor Sales U.S.A., said the “biggest surprise has been the RAV4,” which saw sales surge to an expected 22,000 units in March, far above the crossover’s typical sales. Lentz theorized that perhaps RAV4 incentives were a bit high. While both car and truck sales have risen, “it’s really light trucks that are driving the business,” Lentz told journalists gathered outside the NADA/IHS Global Insight Forum here. Lentz said he thinks the worst may be over in the crisis surrounding claims of unintended acceleration of Toyota vehicles. |
Source: Lentz: Toyota sales up 30 percent in March; worst may be over
