Toyota car sales rise in the US as global growth continues

Toyota’s US sales rose 11.6% in April from a year earlier as the firm continues to grow it’s market share in the world’s biggest economy.Toyota car sales rise in the US as global growth continuesThe carmaker had seen its sales in the US dip after production was hit by last year’s quake and tsunami in Japan.

Fears of a slowdown in the US economy have also hurt car sales generally.

However, its production has returned to normal and there have also been signs of a pick up in the US economy.

Toyota’s fortunes in the US have been hit by a a number of factors in recent times.

Toyota’s reputation was also dented after a spate of safety issues saw it recall almost 12 million vehicles over the past two and a half years.

Dwindling sales saw the firm lose its billing at the world’s biggest carmaker to General Motors last year.

Analysts said that Toyota’s recovery from these setbacks had been faster than they had expected.

July 10, 2012  Tags: , , , , , , ,   Posted in: Business Growth, Business Sales, Business Win, Exporting Businesses, Growing Profits, Growing Sales, Uncategorized

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