InfoAnda - Toyota Japan sales booming despite global recalls

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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Toyota Japan sales booming despite global recalls AP - Friday, April 2 Send IM Story Print TOKYO – Toyota sales are booming in Japan, up a hefty 50 percent last month, shrugging off any fallout from massive global recalls. Toyota Motor Corp. sales in Japan totaled 204,514 vehicles, up from 135,700 the same month last year, for the eighth straight month of on-year rise, the Japan Automobile Dealers Association said Thursday. Japan's auto sales have been recovering, with sales jumping 10 percent in the year ending in March from the same period a year earlier to 3.2 million vehicles, according to the group. It said that was the first year-on-year increase in seven years. Sales have gotten a lift from government tax breaks and incentives for fuel-efficient vehicles, helping a recovery from a sharp slowdown the past year. Overnight, Toyota Group Vice President Bob Carter told The Associated Press that Toyota's U.S. sales surged 40 percent in March, as the automaker offered its biggest incentives ever, including zero-percent financing on models that previously were subject to recalls, low-priced leasing and free maintenance. Automakers are scheduled to report March U.S. sales on Thursday. Toyota's sales fell 9 percent in February while the broader industry's climbed 13 percent. Toyota has been fighting to regain its once-sterling reputation for quality after recalling more than 8 million vehicles around the world starting in October for faulty gas pedals, defective floor mats and braking software glitches. Toyota President Akio Toyoda headed a meeting of quality officials from around the world at the company's headquarters Tuesday to speed up communication on consumer complaints and beef up training of quality professionals. Toyota's brand power has been relatively unscathed in Japan because the only recalls here have been for the braking problem. Recommend Send IM Story Print Related Articles FXOUTLOOK-US dollar likely to fall in week ahead Reuters - 16 minutes ago WRAPUP 2-India price rises weigh on industry, rate hike looms Reuters - 16 minutes ago US-BUSINESS Summary Reuters - 17 minutes ago Hedge fund managers set new payout records in 2009 Reuters - 17 minutes ago NKorea says no chaos followed currency reform AP - 19 minutes ago News Search Top Stories Boeing 'disappointed' with extension of US tanker deadline Military threatens to kill Guinea-Bissau PM US jobless claims drop to this year's low Mars radar could help find water in Mideast: NASA Sherpa to carry Hillary's ashes to Everest summit More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Granny fined $1,500 for selling goldfish to child What, or who, killed the last mammoths? Toad is a telltale for impending quakes: scientists Sherpa to carry Hillary's ashes to Everest summit Obama to announce offshore drilling move More Most Viewed » 'Rare' fossil of new dinosaur species found in US Hollywood stars help prevent suicide after Twitter alert Junkies and junk-food addicts share craving mechanism Toad is a telltale for impending quakes: scientists More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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