Tuesday, May 15, 2007

Toyota Predicts Flat U.S. Sales

There seems to be higher gas prices, a housing slump and a slowing economy that have tempered consumer spending. This has affected Toyota production sales. Officials of Toyota said that auto sales would probably be flat this year in the key North american market due to this. They beat General Motors corp. in worldwide vehicle production and sales in the first quarter for the first time ever, 440.0 billion yen ($3.67 billion), up 9 percent from 404 billion yen for the same period in the previous year. that doesn't sound too bad too me, does it to you?

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