Episode 635 - April Sales, Incentive Spending Declines, Nissan Wins NYC Taxi Competition

Published: May 4, 2011, 4 p.m.

April sales numbers are in and they're up over 13% compared to a year ago, coming in at over 1.1 million new vehicles sold. Even though sales were up last month, automakers were able to increase them with reduced incentives which were at there lowest levels since 2005. New York City announced that Nissan won its "Taxi of Tomorrow" competition with a modified version of its NV200 commercial van. All that and more, plus guest host David Welch from Bloomberg News/BusinessWeek shares his thoughts on Toyota's recent decline.