Toyota sales to rise 30%?

Will consumers stick with the problematic Toyota? According to this report Toyota sales for March are forecasted to rise 30% compared to March 2009. Looks like the heavy incentives are doing the trick for now but time will tell how much damage Toyota will suffer from this mess.

From Automotive

DETROIT — New incentives are boosting Toyota’s U.S. sales big time in early March, and analysts forecast a 30 percent bounce for the full month.

After Toyota brand sales fell 10 percent in February as it struggled with safety recalls, on March 1 Toyota Motor Sales U.S.A. Inc. introduced 0 percent financing, subsidized leases and free maintenance incentives.

Toyota Senior Vice President Don Esmond told suppliers today that North American sales surged about 50 percent in the first eight days this month, The Associated Press reported.

Read the full article here.

Photo from fOTOGLIF


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