Toyota sales rose by 27 percent in January 2013

Article by Christian A., on February 4, 2013

The U.S. sales of Toyota Motor Corp. in January rose by 27%, continuing the rising trend for the entire 2012 and hinting that there will be market-share gains in 2013. Toyota was able to achieve sales of 157,725 sales for the month with a 26% increase for the Toyota Division (driven by fleet sales) and a 32% increase at Lexus.

In January 2013, the company’s market share in the U.S. had widened to 15.1% from 13.6% a year ago. In 2012, Toyota increased its U.S. share by 1.5 points. It had narrowed the gap behind second-ranked Ford Motor Co. while it attempted to pick itself up from the disasters it experienced in Asia. Bill Fay, Toyota Division general manager, said that its sales pace in the fourth quarter of 2012 had continued into January.

He added that this marks “a great start for the year” for Toyota, considering that it was worried about the impact of the fiscal cliff, the new tax rates, the year-end push in December and January being seen as a slower month. Fay also said that the due to the past 90 days’ activity pace, the automaker had to revise its internal 2013 forecast of 14.7 million sales for the industry.

January's seasonally adjusted annual rate was 15.3 million. Initially, Toyota Motor Sales projected a 100,000-unit increase for itself for 2013. It is around a third of the way to this target after only one month.

Toyota had become the top retail-sales brand once again. All of the big-volume products of Toyota had increases. The Corolla had a 32% increase while the Prius family grew by 37%. It sold 31,897 Camrys, continuing its run as the top-selling passenger car in the U.S. Double-digit percentage increases were posted by all Toyota trucks, crossovers and SUVs. Hybrid-vehicle sales also went up by 45%.

Topics: toyota, sales

If you liked the article, share on:

Comments

Recommended

The North American unit of German premium carmaker BMW is recalling around 19,000 units of its BMW i3 electric vehicle because of the risk of fuel leak. You may ask,...
by - February 22, 2017
A publication by the U.S. Patent and Trademark Office revealed that Honda is still looking into the Project 2&4 Concept. Officially unveiled during the 2015 Frankfurt Motor Show, the Project...
by - February 22, 2017
Barely a month before its official debut, Hyundai gave everyone a taste of what’s to come with the 2017 Hyundai i30 Wagon. Despite what little was shown, it did not...
by - February 22, 2017
One of the main features that have appealed to Cadillac’s customers is its Cadillac User Experience system or CUE. This is once again expected to change as the brand recently...
by - February 22, 2017
Ever since the Regera premiered in 2016, Koenigsegg has been firm about increasing its coverage around the globe. Part of the idea was to ask its employees in Angelholm to...
by - February 21, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries