Toyota February Recall Unlikely to Blunt U.S. Sales Rebound
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Toyota Motor Corp.’s February U.S. sales gain may be its second-biggest since last year’s record recalls, even after the world’s largest carmaker said it will have to fix more flawed vehicles.
The automaker may report a 27 percent increase in deliveries of Toyota, Lexus and Scion cars and light trucks for the month, based on the average of four analyst estimates compiled by Bloomberg. At most, the recall of 2.2 million vehicles last week may cost Toyota “a couple thousand units” of sales in February, said Jessica Caldwell, an analyst at industry researcher Edmunds.com in Santa Monica, California.