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Toyota's US sales decline signals 'uphill battle'

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Bloomberg Los Angeles

Toyota Motor Corp’s US sales slid to a 10-year low in January as the company’s worst-ever recall crisis took its most popular models off the market and made drivers wary. The decline snapped three months of advances as the company couldn’t take advantage of the US auto market’s longest streak of gains since 2006.

The company’s US sales last month dropped 16 per cent from a year earlier while Hyundai Motor Co’s sales rose 24 per cent, Nissan Motor Co’s gained 16 per cent, General Motors Co’s climbed 14 per cent and Ford Motor Co’s advanced 25 per cent.

 

 

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First Published: Feb 04 2010 | 12:40 AM IST

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