Fri Feb 10 2012
TORRANCE, Calif. -- Toyota Motor says its sales fell 12 percent in August compared with July, as buyers nervous about the economy stayed away from showrooms.
The Japanese automaker plagued by recalls says sales plunged 34 percent compared with August last year. But the poor comparison was expected since Cash for Clunkers helped sales of smaller Toyota cars such as the Corolla and Camry sedans.
Toyota sales continue to be dogged by recalls, which include more than 10 million cars and trucks worldwide since last fall. The automaker recalled 1.3 million Corolla and Matrix cars last week over possible stalling.
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