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Toyota Motor Corporation Message Board

  • humlebryg humlebryg Mar 11, 2010 5:10 PM Flag

    Toyota sales skyrocketing!

    Toyota sales are WAY up!

    * Edmunds, dealers say Toyota US sales surged in March

    * Industry-wide sales seen near 12.5 mln sales rate

    * Toyota dealer chief sees biggest boost post 'clunkers'
    Paul Atkinson, president of the Toyota national dealer's council and a Toyota dealer in Texas, said he expected that the March sales boost from incentives would mirror what the automaker saw during the 2009 "cash for clunkers" program.

    Toyota was the big winner from that U.S. government-funded scrappage program, which offered tax credits of up to $4,500 to swap out of older and less fuel-efficient vehicles.

    Toyota had a 19.4 percent share of vehicles sold under the "clunkers" program that ran from late July through the third week of August 2009. Toyota's share was the highest in the industry.

    "I truly believe that March could rival cash for clunkers," Atkinson said.

    Sales at his own dealership were running at three times the level of January and February in early March, he said. Customers shopping for the bargains do not appear concerned by Toyota's recalls, he said.

    "Honestly, I think the public has had enough," he said.

    Consumers are not fooled by the ongoing smear campaign.

    Instead they are moving fast during the new intensives to get the fuel efficient cars.
    Everyone knows the futures crude speculators will drive the price of gasoline through the roof for the summer driving season.

    Still time to get on board before this stock goes back to $90

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121.24+0.90(+0.75%)Aug 30 4:02 PMEDT