Toyota says its dealers have committed to spending $2.2 billion on facility upgrades in the next two years. It says dealers have invested $800 million in new facilities this year, and $3.3 billion in
dealership improvements over the past five years.
The company says that, so far, 400 dealers -- or 33% -- have completed all-new state-of-the-art facilities, with another 200 on board to
open new dealerships by 2012.--Karl Greenberg