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Toyota Remains Unconvinced That US Auto Sales Have Hit Bottom Yet

Agent009 submitted on 9/5/2008 Official Bell & Ross Timestamp: 3:13:41 PM

4 user comments | Category: Spy Shots | Source: | SOURCE: uk.reuters.com

Despite signs of steadier US auto sales in August, it remains uncertain whether industrywide sales in the largest vehicle market have hit bottom, Toyota Motor Corp Vice Chairman Kazuo Okamoto said on Friday.

"It's hard to say whether the U.S. market has hit bottom," Okamoto told reporters.



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Toyota Remains Unconvinced That US Auto Sales Have Hit Bottom Yet

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Agent009

"If everything seems under control, you're just not going fast enough."

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DWolff

Denial is an ugly thing

— DWolff (View Profile)

Posted on 9/5/2008 5:40:26 PM | reply to this comment | Votes: 0   

91z4me

Honestly they should be unconvinced. The automotive market is only a hurricane away from $4.00/gallon gas and at that price I am sure a whole lot of people will be holding off on purchasing a new car.

— 91z4me (View Profile)

Posted on 9/5/2008 7:41:57 PM | reply to this comment | Votes: 2   

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