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Report: Toyota dealers to receive up to $75,000 for extra hours due to recall
<p>Filed under: <a href="http://www.autoblog.com/category/recalls-tsbs/" rel="tag">Recalls</a>, <a href="http://www.autoblog.com/category/safety/" rel="tag">Safety</a>, <a href="http://www.autoblog.com/category/toyota/" rel="tag">Toyota</a>, <a href="http://www.autoblog.com/category/earnings-financials/" rel="tag">Earnings/Financials</a></p><p><img vspace="4" hspace="0" border="1" alt="" src="http://www.blogcdn.com/www.autoblog.com/media/2010/02/lafontaine-toy-dearborn.jpg" /><br /> <br /> <a href="http://www.autoblog.com/make/toyota/">Toyota</a> may be experiencing some major <a href="http://www.autoblog.com/toyota_recall/guide">recall pain</a> right now, but that isn't stopping the Japanese automaker from taking care of its dealers at a time when the company needs them more than ever. <em>USA Today</em> reports that Toyota will give dealers $7,500 to $75,000 for staying open extended hours in an effort to repair as many vehicles as fast as possible. Dealers who sold fewer than 500 cars will get $7,500, while dealers who sold more than 4,000 will get $75,000.The extra money comes in addition to the costs associated with each repair.</p>
<p>While Toyota may be getting hit hard with a series of costly recalls that could cost as much as $2 billion this quarter alone, dealers and dealership employees figure to experience a short-term boon. The extra money coming from the service area will be needed, too, as new vehicle sales at dealerships are undoubtedly low given the fact that dealers <a href="http://www.autoblog.com/2010/01/26/breaking-toyota-temporarily-halts-sales-of-selected-models/">cannot sell</a> eight of the automaker's most popular vehicles, including the <a href="http://www.autoblog.com/model/camry">Toyota Camry</a> and <a href="http://www.autoblog.com/model/corolla">Corolla</a>. <br /> <br /> [Source: <a href="http://content.usatoday.com/communities/driveon/post/2010/02/embattled-toyota-forking-over-up-to-75000-to-aid-dealers/1">USA Today</a>]</p> <p><a href="http://www.autoblog.com/toyota_recall/guide"><img vspace="4" hspace="0" border="1" src="http://www.blogcdn.com/www.autoblog.com/media/2010/02/ab-recall-banner-1265228401.png" alt="" /></a></p><p style="padding:5px;backgr ound:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2010/02/04/report-toyota-dealers-to-receive-up-to-75-000-for-extra-hours/">Report: Toyota dealers to receive up to $75,000 for extra hours due to recall</a> originally appeared on <a href="http://www.autoblog.com">Autoblo g</a> on Thu, 04 Feb 2010 13:57:00 EST. Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://content.usatoday.com/communities/driveon/post/2010/02/embattled-toyota-forking-over-up-to-75000-to-aid-dealers/1>Read</a> | <a href="http://www.autoblog.com/2010/02/04/report-toyota-dealers-to-receive-up-to-75-000-for-extra-hours/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.autoblog.com/forward/19344810/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.autoblog.com/2010/02/04/report-toyota-dealers-to-receive-up-to-75-000-for-extra-hours/#comments" title="View reader comments on this entry">Comments</a> أكثر... |
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