Eugene David ...The One-Minute Pundit |
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Tuesday, February 23, 2010
Speaking of Toyota:
CNW Research analyst Art Spinella said that long-time Toyota owners consider the recall "a pretty major issue," but strongly believe in the brand. "The vast majority will not abandon Toyotas because of the recalls," he said in a recent report. In a Feb. 10 CNW survey of new-car shoppers, 7% said they would not buy a Toyota product because of the recall. That was down from 18% who said the same thing immediately after it was announced in January. This would seem to confirm my notion the company won't be hurt because it's not American. I'd have assumed that car buyers would have more sense. Look what's out on the road, however.
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