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Toyota may keep discounts after strong March sales

Reuters -- Toyota Motor Corp may keep aggressive discounts available for U.S. consumers beyond this month after unprecedented incentives sent its U.S. sales sharply higher in early March, an executive said on Friday.

Toyota's U.S. sales surged by 40 percent in the first 10 days of March compared to the year-earlier period after the automaker offered zero-percent financing and other incentives, Don Esmond, senior vice president of Toyota U.S. sales, told Reuters in an interview.

Esmond said Toyota would evaluate March sales results and reaction from dealers and consumers before deciding whether to extend the discounts, which the company called its most "far-reaching sales program in history."

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Submitted Mar 12, 2010 By: Mudsprings

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garman87 Champion Author Austin Posts:1,295 Points:1,513,775 Joined:Aug 2005	Message Posted: Mar 12, 2010 6:14:33 PM Ignore garman87 Report Abuse I will keep my car for a while.
nojsts Champion Author St. Louis Posts:14,048 Points:2,829,905 Joined:May 2002	Message Posted: Mar 12, 2010 6:08:20 PM Ignore nojsts Report Abuse Who is buying Toyota's?
WandererJim Champion Author Oregon Posts:8,307 Points:1,657,220 Joined:Sep 2005	Message Posted: Mar 12, 2010 6:03:37 PM Ignore WandererJim Report Abuse What will Nader do?
clermont40miles Champion Author Cincinnati Posts:4,766 Points:808,620 Joined:Apr 2008	Message Posted: Mar 12, 2010 6:02:46 PM Ignore clermont40miles Report Abuse Who is buying new cars? No one that I know of since the Clunkers clunked. No TOYota for our family.
ashishpa All-Star Author St. Louis Posts:744 Points:168,775 Joined:Feb 2010	Message Posted: Mar 12, 2010 5:59:52 PM Ignore ashishpa Report Abuse Don't understand why people are falling to this lure. Toyota trying everything to come back but i doubt the cars sold this way has the quality fixes.
PathfinderSC Champion Author South Carolina Posts:4,580 Points:861,685 Joined:Mar 2008	Message Posted: Mar 12, 2010 5:59:03 PM Ignore PathfinderSC Report Abuse Toyota will come out of all this.
BOBBY1983 Champion Author Illinois Posts:1,540 Points:310,825 Joined:May 2009	Message Posted: Mar 12, 2010 5:54:28 PM Ignore BOBBY1983 Report Abuse who is buying these toyota
letmathe Champion Author Chicago Posts:10,032 Points:2,288,540 Joined:May 2001	Message Posted: Mar 12, 2010 5:54:27 PM Ignore letmathe Report Abuse Discounts are good!
NewfieGasMan Veteran Author Newfoundland Posts:394 Points:240,745 Joined:Oct 2009	Message Posted: Mar 12, 2010 5:53:48 PM Ignore NewfieGasMan Report Abuse it woulent hurt if they gave the 150,000 km warenty same as its competors
Jo120 Champion Author Arizona Posts:3,469 Points:1,314,930 Joined:Mar 2005	Message Posted: Mar 12, 2010 5:52:41 PM Ignore Jo120 Report Abuse Like they have a choice...
heysailor Champion Author Pittsburgh Posts:4,675 Points:1,360,045 Joined:Mar 2006	Message Posted: Mar 12, 2010 5:51:56 PM Ignore heysailor Report Abuse I don't think I'd buy one yet.
TheSnowstorm Champion Author Montreal Posts:4,468 Points:1,006,605 Joined:June 2005	Message Posted: Mar 12, 2010 5:51:50 PM Ignore TheSnowstorm Report Abuse Toyota is still in the business of selling cars, and not every model is affected by these recalls. Like any manufacture, quality, fit and finish has slipped over the years; no one manufacturer is exempt from this.
nedthenanite Champion Author Mississippi Posts:4,065 Points:785,285 Joined:May 2008	Message Posted: Mar 12, 2010 5:51:08 PM Ignore nedthenanite Report Abuse Odd, on the afternoon news today they reported March sales were down, led by Toyota's plummeting sales. Who's right?
Sportdeck Champion Author Atlanta Posts:8,347 Points:1,601,825 Joined:Sep 2003	Message Posted: Mar 12, 2010 5:44:39 PM Ignore Sportdeck Report Abuse It appears their sales are accellerating again.
pkhdonovan Champion Author Maine Posts:7,047 Points:1,729,420 Joined:Sep 2005	Message Posted: Mar 12, 2010 5:44:29 PM Ignore pkhdonovan Report Abuse I not purchasing a toyota even with discounts.
4warned Champion Author Michigan Posts:4,253 Points:1,259,885 Joined:Nov 2006	Message Posted: Mar 12, 2010 5:38:16 PM Ignore 4warned Report Abuse I just hope none of there cars run into me unexpectedly.
hwnguy Champion Author Honolulu Posts:2,981 Points:647,780 Joined:Apr 2008	Message Posted: Mar 12, 2010 5:36:42 PM Ignore hwnguy Report Abuse just keep the old car for now
raleightom All-Star Author Raleigh Posts:765 Points:215,710 Joined:Nov 2007	Message Posted: Mar 12, 2010 5:35:49 PM Ignore raleightom Report Abuse I saw a new Camry for $12,000 with no interest and free maintenance for two years on TV today. Sweet deal. Unfortunately I am too poor for even that; else I would have been there looking closer.
bell05 Champion Author Atlanta Posts:4,356 Points:907,155 Joined:Jun 2005	Message Posted: Mar 12, 2010 5:33:24 PM Ignore bell05 Report Abuse Don't think I would buy at this time. Be afraid of them unloading their junk before they fix them.
jwalkerh Champion Author Louisiana Posts:2,107 Points:565,075 Joined:Oct 2008	Message Posted: Mar 12, 2010 5:25:33 PM Ignore jwalkerh Report Abuse I don't think the discounts are worth the risks.
tom426 Rookie Author Illinois Posts:54 Points:92,780 Joined:May 2009	Message Posted: Mar 12, 2010 5:22:46 PM Ignore tom426 Report Abuse Has Toyota made sure that all these incentive cars don't have any problems! I wouldn't buy one for awhile, at least until all the recalls are complete.
WCCurtis Champion Author San Bernardino Posts:3,020 Points:922,390 Joined:Oct 2005	Message Posted: Mar 12, 2010 5:16:21 PM Ignore WCCurtis Report Abuse Sounds like Toyota is making a nice comeback. Should be good news for American workers and the Communities that have Toyota factories. [Edited by: WCCurtis at 3/12/2010 5:17:12 PM EST]
TopGunn Champion Author Baltimore Posts:4,259 Points:1,642,910 Joined:Aug 2004	Message Posted: Mar 12, 2010 5:15:49 PM Ignore TopGunn Report Abuse No job, no pay - couldn't buy anyway.
impala2008 All-Star Author Ontario Posts:594 Points:214,030 Joined:Sep 2009	Message Posted: Mar 12, 2010 5:15:08 PM Ignore impala2008 Report Abuse Why would people buy the junk
waynemustang Champion Author Indiana Posts:3,228 Points:845,275 Joined:Nov 2006	Message Posted: Mar 12, 2010 5:13:02 PM Ignore waynemustang Report Abuse Toyota needs to restore their quality they had 10 years ago.
uglytom Champion Author Florida Posts:3,126 Points:684,090 Joined:Jul 2007	Message Posted: Mar 12, 2010 5:12:23 PM Ignore uglytom Report Abuse Good business sense...as usual!
MRED3 Champion Author Jacksonville Posts:2,265 Points:443,245 Joined:May 2009	Message Posted: Mar 12, 2010 5:07:53 PM Ignore MRED3 Report Abuse Toyota needs to thing about the recall not the sales.
carlsonguitars Champion Author Portland Posts:4,239 Points:701,800 Joined:Jan 2008	Message Posted: Mar 12, 2010 5:04:54 PM Ignore carlsonguitars Report Abuse my wife said that toyota prices are good right now, and they are offering 0% APR financing (on probably A++++ papers - a perfect credit score and if you are a millionaire - but if that were the case WHY would you be buying a toyota?!?!) Anyways, I asked her if she wanted to buy one and she said "NO WAY!!! Are you crazy?!? I value my life a little more than a "good deal"!!!"
RobertSpratt All-Star Author Virginia Beach Posts:792 Points:234,245 Joined:Jul 2007	Message Posted: Mar 12, 2010 5:03:06 PM Ignore RobertSpratt Report Abuse I can't believe people are so stupid buying this Jappy Junk.
runway12 Champion Author Tacoma Posts:1,129 Points:263,515 Joined:Aug 2008	Message Posted: Mar 12, 2010 5:02:23 PM Ignore runway12 Report Abuse Anyway to play at the big table
JerryBx7 Champion Author Virginia Beach Posts:2,643 Points:512,490 Joined:Oct 2008	Message Posted: Mar 12, 2010 5:00:12 PM Ignore JerryBx7 Report Abuse Our local dealers are extending because of a "successful" weekend last week but, I spoke to a sales rep who said they the sales were FLAT!
MINER Champion Author Pittsburgh Posts:8,442 Points:2,472,170 Joined:Jul 2002	Message Posted: Mar 12, 2010 4:51:44 PM Ignore MINER Report Abuse Who can figure these crazy Americans out...
snewwee Champion Author Detroit Posts:4,999 Points:1,016,055 Joined:Sep 2007	Message Posted: Mar 12, 2010 4:49:23 PM Ignore snewwee Report Abuse Discounts are the only thing keeping most of the car companies going. The economy has seen to that.
giro All-Star Author Nevada Posts:543 Points:270,705 Joined:Jun 2009	Message Posted: Mar 12, 2010 4:46:17 PM Ignore giro Report Abuse Still one of the most reliable cars out there. I might pick a Honda instead, but they really don't have anything that competes with an offroading 4x4 4runner or an AWD Sienna....nor does anyone else.
TFowler513 Champion Author Memphis Posts:2,382 Points:590,510 Joined:Mar 2008	Message Posted: Mar 12, 2010 4:45:10 PM Ignore TFowler513 Report Abuse Incentives to pay for the rework that has to be done.
HockeyLady Champion Author New Jersey Posts:2,587 Points:1,499,760 Joined:Jun 2005	Message Posted: Mar 12, 2010 4:42:01 PM Ignore HockeyLady Report Abuse Toyota will need all the help it can get
starfighter08 Champion Author Illinois Posts:1,013 Points:160,125 Joined:Sep 2008	Message Posted: Mar 12, 2010 4:37:27 PM Ignore starfighter08 Report Abuse I still wouldn't buy a Toyota. Buy American, buy a Ford!
Toppers Champion Author Atlanta Posts:4,132 Points:1,504,315 Joined:Mar 2005	Message Posted: Mar 12, 2010 4:35:21 PM Ignore Toppers Report Abuse Guessin' they'll have to keep those discounts for quite awhile...
Chiron All-Star Author Tucson Posts:839 Points:325,530 Joined:Aug 2008	Message Posted: Mar 12, 2010 4:33:30 PM Ignore Chiron Report Abuse Toyota should be out of business.
Bert2010 Sophomore Author Columbus Posts:238 Points:108,100 Joined:Feb 2010	Message Posted: Mar 12, 2010 4:31:40 PM Ignore Bert2010 Report Abuse Toyota will manage to stay competitive despite their problems and the media harping. Over the years they have built up a lot of goodwill because of their over all track record with their usually relaible cars.
HEBster Champion Author Kentucky Posts:3,953 Points:1,412,360 Joined:May 2006	Message Posted: Mar 12, 2010 4:31:09 PM Ignore HEBster Report Abuse Like they have a choice...