Feb
02
The auto sales rose 6% in January in the United States. Although tis is a pretty weak rise, there are many reasons the professionals believed this happened. First, the demand from consumers was weak and the problems with the Toyota cars was very well publicized and must have deterred some buyers.
Toyota said that their January sales fell 16% from just a year earlier. It was predicted that they would fall 12%. Because Toyota had ot suspend the sales of its most popular modesl for much of the last week of January due to a problem with the sticking gas pedal.
Overall the car industry’s sales increased. This increase was not large and was disappointing to many, but at least it was a rise!
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