Tokyo (AP) -- Toyota Motor Corp. has announced zero-percent financing on 11 models as it tries to woo would-be buyers sidelined by the consumer credit crunch.
The top Japanese automaker's U.S. division said Thursday in a news release said that the unprecedented incentives range from 36 to 60 months and are being offered on the Matrix, Corolla, Camry, RAV4, Highlander, FJ Cruiser, 4Runner, Sequoia, Sienna, Tacoma and Tundra.
Toyota Division General Manager Bob Carter said the automaker had the inventory of fuel-efficient models and the capacity to finance or lease them.
Toyota reported Wednesday that its U.S. sales dropped 32 percent last month. The automaker blamed overall economic conditions and a lack of consumer confidence.
Copyright 2008 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Buzz Report: Porn is better than horns
YouTube tries to spice down its image by removing even partial nudity and adding a symphony contest. Good luck with that!
Education Minute 12/04
WWJ's Pat Vitale gives education tips beyond the classroom. A joint production of Eastern Michigan University-Education First! and WWJ.
Buzz Out Loud 865: Solidarity, my ape-hands brother
Tom and Jason have an ape-like bonding moment on today's show, Brian Tong calls "bull" on rumors of a $99 iPhone 3G, we find out that Google went right up against the DOJ deadline before it finally yelled "chicken" and walked away from its ad deal with Ya
WWJ Newsradio 950 is Detroit's only all-news radio station and is the leader in Detroit radio news. Listen online to WWJ-AM 950 for live, local Detroit news, up-to-the-minute Detroit traffic, Detroit sports, Detroit business and Detroit community information. WWJ Newsradio 950 is an award winning radio station and you can listen online and podcast on demand Detroit news, Detroit Construction Alerts, Detroit School Closings, Winter Survival Guide and learn more about our Business Breakfasts. www.wwj.com.
