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Detroit - Toyota US Chief Says Car Sales Are Close To Bottoming Out

Dec 05, 2018 at 05:57 PM

Detroit - Toyota's top U.S. executive says car sales nationwide have nearly bottomed out and his company will keep making them despite a dramatic shift to trucks and SUVs. U.S. CEO Jim Lentz told the Detroit Economic Club Wednesday that car sales fell below 30 percent of sales last month, and he thinks that's close to the bottom. While Fiat Chrysler, Ford and General Motors are canceling...

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