Toyota says sales will stop slumping by October 2011

Toyota has had it rough this year after the earthquake that crippled Japan brought the country to a complete standstill. As a result, sales for the Japanese auto giant have slipped and since April, Toyota has yet to see a gain in sales.

But recently, Toyota was able to bring all of their U.S. plants back to full operation and they’re planning overtime for workers to catch up on the demand.

“You’ll start seeing us show year-over-year retail increases starting in October,” said Bob Carter, vice president of Toyota U.S.

In order to compensate for the lack of sales, Toyota also halted sales to corporate and rental fleets to ensure that their cars get into the hands of customers first.

– By: Chris Chin

Source: USAToday

Chris Chin

Chris Chin is the Editor-In-Chief of egmCarTech and is a regular contributor to Automobile Magazine.

admin has 4428 posts and counting.See all posts by admin