Type to search

Toyotas sales up 40%, despite acceleration debacle

News

Toyotas sales up 40%, despite acceleration debacle

Share

Despite Toyota’s recent recall debacle, the automaker is reporting a sales surge of 40% in March.

The world’s largest carmaker initiated a series of incentives in early March to combat the growing negative sentiment around the brand. These incentives included 0% financing on recalled models, free maintenance and lower-priced leasing.

Recalls became necessary for the brand as an accelerator pedal malfunction emerged in popular models.

The automotive industry is perhaps seeing a bounceback from lean times, with industrywide new car sales climing 23% in March, according to JD Power and Associates.

Leave a Comment

Marketing Mag

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.