Home » NEWS » Toyota sales rise 40 pct in March on incentives

Toyota sales rise 40 pct in March on incentives

NEW YORK — A top Toyota executive says U.S. sales surged 40 percent in March, powered by some of its deepest discounts ever in the wake of millions of recalls.

Toyota Group Vice President Bob Carter says some of the incentives will continue past March, including an offer of free maintenance for return Toyota customers.

Carter made the remarks during an interview at the New York International Auto Show. The Japanese automaker is coping with recalls of more than 8 million vehicles worldwide – about 6 million in the U.S. – by offering incentives such as 0-percent financing on recalled models, low-priced leasing and free maintenance.

Carter says Toyota dealers have so far repaired about 2 million recalled vehicles in the U.S.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Megan Wright

One comment

  1. Oh oh oh oh what a feeling to driiiiiiiiiiiiiive TOYOTA!

Leave a Reply

Your email address will not be published. Required fields are marked *

*