The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

Toyota Reports October Sales-They Stink

TORRANCE, Calif., Nov. 1 -- Toyota Motor Sales (TMS), U.S.A., Inc., today reported monthly sales of 135,307 vehicles, a decrease of 20.6 percent compared to last year's record-shattering October. Calendar- year-to-date (CYTD) sales total 1,478,377, an increase of 1.3 percent compared to the same period last year.

"The last 12 months ... and especially last October ... were an anomaly for industry sales," said Jim Press, TMS executive vice president and COO. "The tailwind we've all enjoyed is dissipating. The industry is beginning to settle into business as usual, where sales will again be driven by quality and value."

The Toyota Division recorded October sales of 119,273 units, a decrease of 20.4 percent. The Highlander mid-size sport utility vehicle (SUV) enjoyed best-ever October sales totaling 8,879, an increase of 14.8 percent. The Prius gas/electric hybrid sedan also posted record October sales with 1,775 units sold, up 8.2 percent and 34.2 percent for the year. The Land Cruiser full-size SUV recorded 616 sales, an increase of 6.9 percent.

Toyota Camry sales remained steady at 33,062, down 8.6 percent from last October's strong performance. Camry CYTD sales stand at 370,946, up 13.0 percent compared to the same period last year.

The Lexus Division reported sales of 16,034 vehicles, a decrease of 22.0 percent. Lexus CYTD sales total 192,155, up 5.5 percent compared to the same period last year.

Sales of North American-built vehicles made up 60.8 percent of total October sales. There were 27 selling days compared to 26 last October.

                            TOYOTA  RETAIL  SALES
                          (INCLUDES FLEET & HAWAII)
                                October, 2002

                      ----- CURRENT MONTH -----   -- CALENDAR YEAR TO DATE --
                                         DSR %                        DSR %
                        2002     2001     CHG        2002      2001    CHG

    ECHO               2,437      3,318   -29.3     25,852     37,279  -30.7
    COROLLA           23,313     29,295   -23.4    212,164    209,361    1.3
    CELICA             1,547      2,320   -35.8     20,229     31,861  -36.5
    CAMRY             33,062     34,819    -8.6    370,946    328,169   13.0
    AVALON             5,523      7,062   -24.7     59,040     71,339  -17.2
    MR2 SPYDER           328        447   -29.3      4,176      5,440  -23.2
    PRIUS              1,775      1,580     8.2     16,373     12,196   34.2
    TOTAL TOYOTA
     DIV. PASS. CAR   67,985     78,841   -17.0    708,780    695,648    1.9

    ES 300             4,854      5,726   -18.4     59,003     33,533   76.0
    LS 430             2,154      2,260    -8.2     22,063     26,452  -16.6
    SC 430               822      1,495   -47.1     12,544     11,100   13.0
    GS 300             1,066      1,279   -19.7     12,179     16,857  -27.8
    GS 430               194        384   -51.4      2,009      4,022  -50.0
    IS 300             1,271      1,597   -23.4     17,612     19,073   -7.7
    TOTAL LEXUS
     PASS. CAR        10,361     12,741   -21.7    125,410    111,044   12.9

    TOTAL TOYOTA
     PASS. CAR        78,346     91,582   -17.6    834,190    806,692    3.4

    SIENNA             5,137      6,203   -20.3     68,238     72,170   -5.4
    RAV4               6,772      7,309   -10.8     74,074     72,432    2.3
    4RUNNER            5,363     10,239   -49.6     63,690     76,387  -16.6
    HIGHLANDER         8,879      7,446    14.8     94,821     71,089   33.4
    LAND CRUISER         616        555     6.9      5,354      6,558  -18.4
    SEQUOIA            5,706      5,707    -3.7     57,970     56,248    3.1

    4X2 TACOMA         6,919      8,392   -20.6     77,999     79,338   -1.7
    4X4 TACOMA         4,943      6,327   -24.8     51,806     57,309   -9.6
    TOTAL TACOMA      11,862     14,719   -22.4    129,805    136,647   -5.0

    TUNDRA             6,953     13,281   -49.6     83,490     89,563   -6.8

    TOTAL PICKUP      18,815     28,000   -35.3    213,295    226,210   -5.7

    TOTAL TOYOTA
     DIV. LT TRUCK    51,288     65,459   -24.6    577,442    581,094   -0.6

    LX 470               819        815    -3.2      7,422      7,927   -6.4
    RX 300             4,854      6,228   -24.9     59,323     63,156   -6.1
    TOTAL LEXUS
     LIGHT TRUCK       5,673      7,043   -22.4     66,745     71,083   -6.1

    TOTAL TOYOTA
     LIGHT TRUCK      56,961     72,502   -24.3    644,187    652,177   -1.2

    TOTAL TOYOTA
     DIV.            119,273    144,300   -20.4  1,286,222  1,276,742    0.7
    TOTAL LEXUS       16,034     19,784   -22.0    192,155    182,127    5.5
    TOTAL TOYOTA     135,307    164,084   -20.6  1,478,377  1,458,869    1.3

    MEMO:
    DOM. COROLLA      19,069     29,295   -37.3    187,810    209,361  -10.3
    DOM. CAMRY        27,983     26,473     1.8    297,272    263,396   12.9
    DOM. PICKUP       18,815     28,000   -35.3    213,295    226,210   -5.7

    SELLING DAYS          27         26                256        256

    TOTAL IMPORT CAR  25,771     28,752   -13.7    290,068    262,596   10.5
    TOTAL DOMESTIC
     CAR              52,575     62,830   -19.4    544,122    544,096    0.0
    TOYOTA DIV.
     IMPORT CAR       15,410     16,011    -7.3    164,658    151,552    8.6

    TOTAL VEHICLE
     SALES           135,307    164,084   -20.6  1,478,377  1,458,869    1.3
      Memo: Total
       Toyota Div.   119,273    144,300   -20.4  1,286,222  1,276,742    0.7
      Memo: Total
       Lexus Div.     16,034     19,784   -22.0    192,155    182,127    5.5

    TOYOTA DIV.
     IMPORT CAR       15,410     16,011    -7.3    164,658    151,552    8.6
    LEXUS IMPORT CAR  10,361     12,741   -21.7    125,410    111,044   12.9
    TOYOTA DIV
     NA BUILT CARS    52,575     62,830   -19.4    544,122    544,096    0.0
    TOTAL TOYOTA CARS 78,346     91,582   -17.6    834,190    806,692    3.4

    SPORT UTILITY
     VEHICLES         33,009     38,299   -17.0    362,654    353,797    2.5
      Memo: Lexus
       Sport Utility   5,673      7,043   -22.4     66,745     71,083   -6.1

    SMALL VANS         5,137      6,203   -20.3     68,238     72,170   -5.4
    PICKUPS           18,815     28,000   -35.3    213,295    226,210   -5.7

    * NORTH AMERICAN
     BUILT VEHICLES
    COROLLA           19,069     29,295   -37.3    187,810    209,361  -10.3
    CAMRY             27,983     26,473     1.8    297,272    263,396   12.9
    AVALON             5,523      7,062   -24.7     59,040     71,339  -17.2
    SIENNA             5,137      6,203   -20.3     68,238     72,170   -5.4
    PICKUP            18,815     28,000   -35.3    213,295    226,210   -5.7
    SEQUOIA            5,706      5,707    -3.7     57,970     56,248    3.1
    TOTAL             82,233    102,740   -22.9    883,625    898,724   -1.7
    N.A. VEHICLES %
     OF TOTAL          60.8%      62.6%              59.8%      61.6%

    SELLING DAYS          27         26                256        256
    DSR = DAILY SELLING RATE