Perhaps for the first time this year, Toyota has some good news to report. Japan’s number one automaker has been hit the hardest by the March earthquake as it has the largest portion of domestic production of any other local manufacturer.
When it looked like it might recover, the Thai floods hit its supply chain once again. Moreover, the strong yen makes things even harder for Toyota. Yet in November, sales of Toyota Division in the U.S., which includes the Toyota, Lexus and Scion brands were up by 7 percent compared to the same month in 2010.
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