Toyota Announces Best-Ever Second Quarter Sales
1 July 1998
Toyota Announces Best-Ever Second Quarter Sales
TORRANCE, Calif., July 1 -- Toyota Motor Sales (TMS), U.S.A.,
Inc. announced best-ever second-quarter sales today of 361,733 Toyota and
Lexus vehicles. The company also reported best-ever June sales of 117,043
vehicles, up 17.2 percent over last year. Calendar-year-to-date (CYTD) sales
total 635,266, an increase of 1.0 percent compared to the same period last
year.
Both TMS sales divisions had increases over last year. The Toyota
Division recorded sales of 104,181 units, up 12.2 percent from last June. For
the third-consecutive month, the Lexus Division reported a best-ever month
with June sales of 12,862, an increase of 82.5 percent over the same period
last year, and CYTD sales of 68,368, up 54.4 percent.
"With consumer confidence at a 29-year high and interest rates stable for
15 months, June turned out to be a pretty darn good month for Toyota and the
industry," said Yale Gieszl, TMS executive vice president and chairman of the
Association of International Automobile Manufacturers.
Camry recorded its best June ever with sales of 39,344, up 23.0 percent.
Corolla also was up 23.0 percent, to 23,408, with total Toyota Division car
sales up 12.9 percent over June 1997.
The Lexus Division's best-ever June was due in part to strong sales of the
all-new RX 300, which totaled 3,974. The GS 300 recorded sales of 1,529, with
the division's flagship sedan, the LS 400, selling 1,605 units, up 26.9
percent.
Toyota also recorded best-ever June sales of Land Cruiser, up 45.4 percent
to 1,458, and total light truck sales of 34,535, up 10.9 percent over June
1997. Strong Sienna sales of 6,514 units helped Toyota record a best-ever
June for van.
Total compact pickup sales were up 12.0 percent in June, with the Toyota
Tacoma 2WD up 20.7 percent, to 6,676, and the Tacoma 4WD pickup posting sales
of 5,623, up 3.1 percent.
Sales of North American-built vehicles increased 16.0 percent, to 73,891
units compared to June 1997, and represented 63.1 percent of total June sales.
TOYOTA/LEXUS SALES
JUNE, 1998
CURRENT MONTH CALENDAR YEAR TO DATE
DSR % DSR %
1998 1997 CHG 1998 1997 CHG
TOTAL VEHICLE SALES 117,043 96,040 17.2 635,266 629,238 1.0
Memo: Total Toyota
Div. 104,181 89,265 12.2 566,898 584,970 -3.1
Memo: Total Lexus
Div. 12,862 6,775 82.5 68,368 44,268 54.4
TOYOTA DIV. IMPORT
CAR 14,568 8,635 62.2 70,397 67,991 3.5
LEXUS IMPORT CAR 7,916 6,147 23.8 51,700 40,317 28.2
TOYOTA DIV NA BUILT
CARS 55,078 50,675 4.5 286,504 326,475 -12.2
TOTAL TOYOTA CARS 77,562 65,457 13.9 408,601 434,783 -6.0
SPORT UTILITY VEHICLES 20,039 17,096 12.7 110,091 105,266 4.6
Memo: Lexus Sport
Utility 4,946 628 657.3 16,668 3,951 321.9
SMALL VANS 6,518 377 1562.4 38,446 2,859 1244.7
PICKUPS 12,924 13,110 -5.2 78,128 86,330 -9.5
* NORTH AMERICAN BUILT VEHICLES
COROLLA 23,408 18,218 23.5 125,110 115,703 8.1
CAMRY 25,385 26,016 -6.2 123,648 173,197 -28.6
AVALON 6,285 6,441 -6.2 37,746 37,575 0.5
SIENNA 6,514 0 NA 38,369 0 NA
PICKUP 12,299 10,561 12.0 73,596 69,316 6.2
TOTAL 73,891 61,236 16.0 398,469 395,791 0.7
N.A. VEHICLES % OF
TOTAL 63.1% 63.8% 62.7% 62.9%
SELLING DAYS 26 25 153 153
DSR = DAILY SELLING RATE