Toyota's U.S. Sales Up 6.8% in June

July 1, 2010
Sales for the first half of the year were up 10.6%

Toyota trailed its rivals on July 1 after posting weaker-than-expected June U.S. sales which rose 6.8% from a year earlier but were down from the incentive-driven strong performance in May.

Sales for the first half of the year were up 10.6% to 846,542 vehicles from the depressed 2009 levels.

"Toyota performed well during the first half of the year, despite a difficult economic environment," said Jim Lentz, president and chief operating officer of Toyota Motor Sales USA.

"Although the entire automotive industry struggled in June as weakening consumer confidence weighed on sales, Toyota maintains its leadership position as the number one retail brand in the industry year-to-date."

Toyota's June sales rose to 140,604 from 131,654 a year earlier but were down from the 162,813 vehicles sold in May with the help of the Memorial Day weekend deals.

Automotive analysis group forecast an 8.9% increase in Toyota's June sales.

Copyright Agence France-Presse, 2010

Popular Sponsored Recommendations

How Digital Twin Technology is Empowering Manufacturers

Sept. 27, 2023
This FAQ delves into why this technology offers business value and considerations toward implementation.

How to Build Zero-Cost On-Site Solar and Storage Projects

Nov. 25, 2023
The Inflation Reduction Act offers tax credits, incentives, and financing that enable no-cost projects. In Enel’s eBook, discover the critical role that incentives play in your...

You Cannot Stay Competitive by Bolting New Technologies to a Legacy ERP

Oct. 20, 2023
Read this white paper to understand the benefits of shifting to a next-generation ERP system as part of a DOP.

Modern Edge Computing Accelerates Smart Manufacturing Initiatives for Discrete Manufacturers

Oct. 22, 2023
Discover how Edge Computing platforms are a requisite for discrete manufacturers to solve production challenges, accelerate digitalization, and establish a reliable infrastructure...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!