Toyota Confirms 40% Of Tundra Sales Are Coming From Domestic Truck Owners

Toyota Motor Corp. has endured some scoffing over the sometimes unseemly incentives of several thousand dollars consistently laid on the hood of its all-new Tundra full-size pickup. In July, Edmunds.com estimated Tundra incentives reached a height of $4,625; Toyota execs say they are not at about $3,000.
But at a meeting last week for financial institutions and media, one Toyota executive says so many customers are upside-down, that without big cash incentives, the full-size truck segment is a “No Sale.”
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