Toyota Motor Corporation Gets Rental Car Boost

Categories: Auto





Rental cars have boosted Toyota Motor Corporation (NYSE:TM)’s US sales figures.

Toyota Motor Corporation Gets Rental Car Boost

The automaker Toyota Motor Corporation (NYSE:TM)’s US sales in 2012 have increased with the introduction of a rental car service.

The company said that it has sold 47 percent more cars to rental companies and other fleets in the last month.

In January, the company sold 18 percent vehicles to rental companies and fleets, though it had faced problems in the second half of 2011 due to their production decline issues.

Toyota Motor Corporation (NYSE:TM)’s US sales head Bob Carter said, “We said we would make it up to them when we were back up to 100 percent”.

Toyota Motor Company (NYSE:TM) shares are currently standing at 82.56.

Toyota Motor Corporation Gets Rental Car Boost
Price History
Last Price: 82.56
52 Week Low / High: 60.37 / 93.9
50 Day Moving Average: 70.03
6 Month Price Change %: 6.1%
12 Month Price Change %: -13.8%


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