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Archive for the ‘Autos’ Category

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DETROIT, MI – Ford posted a 43 percent jump in February U.S. auto sales and General Motors posted an 11.5 percent increase for February as compared to last year’s sales. At the same time, Toyota’s February sales fell 8.7 percent because of a massive safety recall. This is the first time in almost 12 years that Ford outsold General Motors. Industry analysts attribute this fact to Ford’s grabbing sales from struggling Toyota. At the same time, Chrysler posted a mere .47 percent gain from a year ago.

February was the first full month of sales since January 26, 2010 when Toyota decided to stop the sales of eight of its popular U.S. models due to safety concerns. Those cars went on sale again after dealers repaired them, but there seemed to be no way to avoid the plunge in sales for the month of February. ... Read Full Story

Toyota Motor Sales, U.S.A., Inc.

TORRANCE, CA – In the wake of the recent massive recall of Toyota vehicles, the Toyota Motor Corporation is facing an uphill climb to try to convince consumers that they should buy the beleaguered company’s cars. This is the case even as worries mount that more bad news may be ahead.

Now the world’s largest automobile maker has begun airing a television commercial aimed at restoring confidence in its vehicles.

The release of the recent TV spot comes at the end of a week of by-the-book crisis management that includes TV appearances by some of its top executives.

... Read Full Story