GM sales rising while Toyota suffers

May 20, 2010, 10:07 a.m. EDT

GM sales rising while Toyota suffers: Edmunds.com

SAN FRANCISCO (MarketWatch) — General Motors Co.’s retail sales are up 9% so far this month while rival Toyota Motor Corp. (NYSE:TM) has seen a 12% drop, according to a report from car-buying research Web site Edmunds.com on Thursday. "We’re noticing that Toyota’s incentive program is starting to fall on deaf ears since most of the people who were open to getting deals from the automaker already made their purchases," analyst Jessica Caldwell said. "Our Toyota cross-shopping data indicates that the brand has not yet recovered from recent image problems." U.S.-listed shares of Toyota were off almost 2% to $74.30 in early trades and have now lost 12% so far this year.

Share
Seniority Lists
Recent Posts!
Bargaining Committee

Chairman
Mike Herron
President
Tim Stannard
Zone at Large – 1st
Danny Taylor
Zone at Large – 2nd
Mark Wilkerson
Committeepersons
Joe McClure
Chad Poynor
Steve Roberts
Derek Lewis
Bill Cundiff
Kirk Zebbs
Don Numinen
Jay Minella
Danny Bragg
Chris Hill
Rashad Thomas
Keith Oswald
Chris Brown

1853 Officers

President
Tim Stannard
Chairman
Mike Herron
Vice President
Darrell DeJean
Financial Secretary
Mark Wunderlin
Recording Secretary
Peggy Mullins
Trustee (3)
Jay Lowe
Dave Clements
Dave Spare
Sgt. at Arms
David C Spare
Guide
Ashley Holloway
E-Board at Large (2)
David Ryder
Steve Roberts
GM Unit Chair
Mike Herron
Leadec Unit Chair
Larry Poole
Ryder Unit Chair
Patrick Linck
AFV Unit Chair
Neil Osborne
Retiree Chair
Mike Martinez

Get Text Alerts



asdasdsd

*Standard text messaging rates may apply from your carrier