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Contrary to what he has been reading in the press, Toyota's Bob Carter believes the U.S. auto market is doing just fine.
In his youth, Toyota executive Bob Carter would visit the short tracks of western Pennsylvania on Saturday nights with his brother, soaking up the local racing culture.
The U.S. auto market has peaked and will shrink this year, with manufacturers using unprecedented incentives to support passenger cars through slumping demand, Toyota's U.S. sales chief said.
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