Toyota Is Optimistic, Says Sales will Rebound 20 Percent in 2012
If the world will end in December 2012 as the Mayan calendar predicts, it will still have been a good year for Toyota. Or so it predicts. And for the record, in choosing predictions, our money's on the Japanese automaker, not some mysterious, ancient calendar from a vanished civilization. So, how good of a year does Toyota believe it will have? All the way up to 8.48 million vehicles sold—better than the 8.43-million selling 2007—and a whopping 20-percent increase over a dismal 2011 marred by earthquakes, tsunamis, and deadly floods. If you missed it, we wrote this same story yesterday about Honda's Civic, and the former top dog's not-so-modest 24-percent projection. We're more willing to buy into Toyota's projection as its production has already mostly returned back to normal. If the conservative-minded family brand can pick up its haunches for 2012, it could likely again reclaim world supremacy, surpassing General Motors and Volkswagen AG. Of course, the world could end before we know for certain. Like how it almost ended in 2000. Or, Honda might actually be onto something. Or on something. We don't know for certain, but it should make for an exciting year, nonetheless. Source: Toyota
The controversial cell phone suggested recently by the National Transportation Safety Board has an unlikely...