Ford Jellymoulds Posted January 29, 2010 Share Posted January 29, 2010 Toyota’s U.S. Dealers May Lose $2.47 Billion a Month Jan. 29 (Bloomberg) -- U.S. dealers who sell Toyota Motor Corp.’s namesake brand may lose as much as $2.47 billion in combined monthly revenue because of the halt of sales of eight models, including the popular Camry and Corolla sedans. The 1,234 Toyota brand dealers would each miss out on $1.75 million to $2 million a month in revenue from new and used versions of the models that aren’t allowed to be sold, said John McEleney, the chairman of the National Automobile Dealers Association and owner of McEleney Toyota in Clinton, Iowa. “We’ve never really dealt with anything like this with any manufacturer,” said McEleney, who also owns a Chevrolet dealership in Clinton. LINK Quote Link to comment Share on other sites More sharing options...
FordPaul Posted January 30, 2010 Share Posted January 30, 2010 Toyota dealerships have enjoyed a feast while true American dealer makes have suffered the past few years. Sorry, I don't feel sorry for them. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.