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Toyota sales rise 40% in March

Toyota's sales surged 40 percent in March, a top executive said Wednesday, as the automaker offered its deepest discounts ever to cope with the fallout of millions of recalls that began last fall. Toyota rolled out the aggressive incentives early in March, including zero percent financing on recalled models, low-priced leasing and free maintenance. The incentives aimed to draw customers into showrooms even as Toyota grappled with the recall of more than 8 million cars and trucks worldwide. Automakers are scheduled to report March U.S. sales today. Toyota's sales fell 9 percent in February while the broader industry's climbed 13 percent.

-- The Associated Press

Read more: Business briefs: Toyota sales up 40 percent in March | Business | Dallas Business, Texas...
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