Toyota (TM): We Can't Sell Our Trucks and SUVs In US, So We're Sending Them To China

The auto industry has experienced what could best be described as a “demand meltdown” in the US for trucks and SUVs. Countless land yachts are sitting brand new and unwanted on dealer lots while used ones are becoming worthless as trade-ins.

So, Toyota has decided to combat this problem the best way they can: by sending its US-made oversized vehicles overseas.

Sound expensive? Sure, but better than sending them to the junkyard.

See Also:
Toyota’s (TM) Profit Clobbered, Cuts Sales Forecasts Again
(TM, GM, F)
General Motors (GM) CEO Wagoner Has Lost More Money Than Any CEO Ever. So Why Does GM’s Board Still Support Him?
(GM)

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