Toyota On Pace to Lose U.S. Sales Race
After toppling GM last year, carmaker may be bumped down after facing market woes common throughout the industry.
After toppling GM last year, carmaker may be bumped down after facing market woes common throughout the industry.
AAA study finds technology chokes at higher speeds, moving vehicles in its path at intersections.
A J.D. Power brand loyalty study finds most car buyers return to the same brand when trading in their used vehicles.
Ford Motor Co. saw U.S. sales rebound sharply in July for the second consecutive month while Toyota Motor Corp. and Honda Motor Co. saw sales dip for the 12th consecutive month.
As automakers report second quarter results, analysts say a market rebound may be on the way.
The automaker has dialed down its worldwide production schedule for July by 50,000 vehicles to 800,000.
Automakers have urged Congress to lift a cap on the $7,500 electric vehicle tax credit.
The seasonally adjusted, annualized rate of sales fell to 12.81 million in May, according to Motor Intelligence.
The 2022 Working Relations Index shows Toyota in first place, with Honda rapidly closing in.
The loss leader in this equation was Toyota Motor Corp., which saw April sales volume fall 23%.
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