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Toyota joins Nissan in declaring a peak for American car market

Nissan reports 19% drop in Q2 operating profit after Toyota says operating profit for the quarter plunged 43%

Mr Ijichi says Toyota has been using "appropriate levels" of incentives to buoy sales of its mainstay passenger models, the Camry sedan and Corolla compact.


JAPAN'S two largest carmakers have arrived at the same conclusion: The US auto market that's functioned as a growth engine has run out of gas.

Toyota Motor Corp cut its forecast for North American sales this fiscal year by 60,000 vehicles and for the first time said it's...

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