Wednesday, October 04, 2006

Toyota sales up


It was the best September ever for Toyota Motor Sales U.S.A. Inc. -- good for the Toyota, Scion and Lexus brands, good for cars and trucks.The Japanese automaker’s U.S. sales soared 25 percent in September from a year ago to 222,950 vehicles. Toyota’s U.S. sales for the month still trailed those of General Motors and Ford Motor Co.Among the other top six automakers, Ford Motor’s U.S. sales rose in September while GM, DaimlerChrysler, American Honda Motor Co. and Nissan North America Inc. posted declines.The sales comparisons in September for the domestic makes of Ford, GM and the Chrysler group are being made against a slow September 2005, when dealer inventories were depleted and shoppers were scarce after a summer of employee pricing deals.Overall, U.S. auto sales in September were up 2.0 percent from a year ago to 1,355,929 vehicles. But for the year to date, U.S. auto sales were down 3.7 percent from the same period last year to 12,712,159.GM held a 24.6 percent market share in September, down from 25.9 percent a year ago. Ford Motor’s share for the month was 17.5 percent, up from 17.1 percent last year, and Toyota Motor Sales’ share was 16.4 percent, up from 13.4 percent in September 2005.
It's good to see the domestic Auto builders with numbers that are trending upword, but it's hard to ignore the fact that Toyota is now breathing down Ford's back and will most likely overtake them in market share in the future..who would have thought.
J.

No comments: