Toyota Predicts Sales Growth Slowing in 2014

[James]

I wonder what automakers will do when there is no growth in 2015.

CEO Jim Lentz predicted sales will improve by 100,000 units or 4.5%.

 

[lanebandit]

Have you heard as to why they think growth will be slowing down? I wonder if it is due to the economy, supply and demand, or other reasons.

 

[BR789]

It is because there was such a major rush on people demanding and buying vehicles over the last few years. The company feels like they will be entering a time of growth that is leveling out this year.

 

[gatorJ]

People were holding off purchasing vehicles due to the recession. Then they started buying vehicles. The trend to purchase a vehicle is down.