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Toyota NA Prez: Our sales growth will be slowed when other companies make fuel-efficient cars

It's a page from the school of lowered expectations playbook. Toyota Motor North America president Jim Press is not saying the company is done expanding, just that the Japanese automaker's growth potential is not unlimited. What's the main factor that will cut into Toyota's outstanding sales? When other companies get fuel-efficient vehicles right. "The expansion of fuel-efficient products was really unanticipated," Press told Auto News (subs req'd). "Katrina, $3-a-gallon fuel, an awakening of America's understanding of the environment. These ... Read more →

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