As economic turmoil continues to engulf the country, Toyota Motor Sales U.S.A. Inc. reports September sales plunged 29.5% on a daily-rate basis, making the decline the auto maker’s largest since July 1987’s 32.5%, Ward’s data shows. Toyota hasn’t seen a drop close to this size since January 1998’s 27.6%. “I think we’d all agree the industry closed the quarter on a cheerless note…the best thing to say about September is it’s over,” Don Esmond, senior vice president-automotive operations, ...
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