Currently reading: Rivals capitalise on Toyota's woes

But Honda rules out "reacting in a predatory way"

Chrysler and Hyundai's American dealers have joined GM and Ford in offering Toyota and Lexus owners incentives to buy or lease new cars.

The incentives - worth up to $2000 on selected models - are being offered to capitalise on Toyota's ongoing problems with a worldwide recall of more than eight million cars due to a faulty throttle part.

GM capitalises on Toyota recalls

However, Honda has ruled out following suit.

"We will not react in a predatory way toward either Toyota or Toyota customers," said John Mendel, American Honda's executive vice president.

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