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Toyota Motor November Sales Up 7% as Inventories Build
Toyota Motor has now returned near the sales levels it had in Q1 before the tragic Japan earthquake disrupted production for months. With the auto industry monthly sales running at the highest rates since August of 2009 when taxpayer subsidies boosted sales under the Cash for Clunkers program, Toyota seems ideally positioned top be back to full strength by early next year. As it is now Toyota has about a 14% market share in the U.S. even though year-to-date total sales are off a whopping 20%, at 1,384,558 vehicles. Continue reading
