Business Tips

Toyota to follow its rivals Thursday, after posting sales in the United States is much weaker than expected in June which rose 6.8 percent from a year earlier, but down from a strong performance-driven incentive in May. Sales for the first half of this year rose 10.6 percent to 846 542 vehicles from 2009 depressed levels.

“Toyota’s performance both during the first half of this year, despite difficult economic environment,” said Jim Lentz, president and chief of operations for Toyota Motor Sales USA.

“Despite all the difficulties in the automotive industry in June because of weaker consumer confidence hit on sales, Toyota maintained its leadership position as the number one brand in the retail industry today.” (more…)