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Tags: US | Toyota | Dealers

Toyota Pays Dealers Up to $75,000 for Longer Hours

Wednesday, 03 February 2010 02:38 PM EST

Toyota Motor Corp. is giving U.S. dealers payments of up to $75,000 to help win back customers' trust in the wake of a massive safety recall.

In a letter obtained by The Associated Press, Toyota group vice president Bob Carter thanks dealers for extending service hours and providing car washes and other services. Carter says the payments will help with those measures.

Toyota recalled 2.3 million vehicles in the U.S. last month because their accelerator pedals may stick and cause crashes. The automaker is sending dealers parts to repair the pedals this week.

Toyota is sending checks this week based on the number of cars each dealer sold last year. Dealers who sold fewer than 500 cars will get $7,500. Dealers who sold more than 4,000 will get $75,000.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


InvestingAnalysis
Toyota Motor Corp. is giving U.S. dealers payments of up to $75,000 to help win back customers' trust in the wake of a massive safety recall.In a letter obtained by The Associated Press, Toyota group vice president Bob Carter thanks dealers for extending service hours and...
US,Toyota,Dealers
129
2010-38-03
Wednesday, 03 February 2010 02:38 PM
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