It says a lot when sales of Toyota’s (TM) are actually falling. In March, vehicle sales for the big Japanese company fell 10.3% in the US market to 217,730,
Total passenger car sales fell to 129,778 from 140,009 and light truck sales declined to 77,894 from 91,939. Toyota division sales fell 9.8% to 192,791 vehicles from 213,820, and Lexus division sales fell 14% to 24,939 units from 28,855.
At the same time Ford (F) was saying its Q2 sales could be worse than Q1.
Douglas A. McIntrye