2 February 2010

Toyotaand#8217;s late-January safety recall of 2.3 millions vehicles cost its retailers 20,000 sales for the month, Toyota Division General Manager Bob Carter said.

Toyotaand#8217;s late-January safety recall of 2.3 millions vehicles cost its retailers 20,000 sales for the month, Toyota Division General Manager Bob Carter said.

Several models chalked up big sales gains for Nissan Division en route to a 19 percent January advance.

Several models chalked up big sales gains for Nissan Division en route to a 19 percent January advance.

Alone among carmakers offering incentives to lure disgruntled Toyota customers, Chrysler Group failed to report a sales gain in January.

Optimistic that the housing market will strengthen, Ford Motor Co. is expecting sales of the F-series pickup to grow later this year. and#8220;The housing market is still stressed out,and#8221; said George Pipas, Ford’s senior sales analyst.

Seeking to capitalize on Toyota’s recall crisis last week, General Motors Co. offered rebates to Toyota and Lexus owners. But GM and other automakers lacked time to alter January sales much, GM analyst Mike DiGiovanni said today.

The U.S. Department of Transportation is looking into whether Toyota Motor Corp.’

Cadillac joined Lexus as the brand with the most-pleased customers this year, as Detroit makes held three of the top five posts in an annual University of Michigan study of customer satisfaction.
Originally posted 2009-08-18 08:20:00. Republished by Old Post Promoter

Automotive News TV for February 1, 2010