Tags: US | Toyota | Recall | Summary | Box

Rival Automakers Expect to Gain From Toyota's Pain

Wednesday, 10 Feb 2010 05:38 PM

THE PAIN: Buyers who would have looked at Toyota vehicles are now considering other brands after the automaker's series of safety recalls.

THE GAIN: Analysts from Kelley Blue Book, Edmunds.com and J.D. Power say Ford, Honda, Hyundai and Chevrolet are grabbing Toyota customers, based on sales tracking data and surveys on their Web sites. Mazda, Subaru and Volkswagen are also getting upticks in buyer interest.

WHAT'S NEXT: It's tough to know the long-term impact of Toyota's recalls, and whether the automaker will regain its share if it starts offering sales incentives.

© Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 
1Like our page
2Share
Markets
THE PAIN: Buyers who would have looked at Toyota vehicles are now considering other brands after the automaker's series of safety recalls.THE GAIN: Analysts from Kelley Blue Book, Edmunds.com and J.D. Power say Ford, Honda, Hyundai and Chevrolet are grabbing Toyota...
US,Toyota,Recall,Summary,Box
91
2010-38-10
Wednesday, 10 Feb 2010 05:38 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved