May 2011 Sales - Toyota Motor Company

[Drew Dowdell]

Toyota Reports May Sales

TORRANCE, Calif. (June 1, 2011) – Toyota Motor Sales (TMS), U.S.A., Inc., today reported May 2011 sales results of 108,387 units, a decrease of 27.9 percent compared to the same period last year, on a daily selling rate (DSR) basis. On a raw volume basis, unadjusted for 24 selling days in May 2011 compared to 26 selling days in May 2010, TMS sales were down 33.4 percent over the year-ago month.

The Toyota Division posted May total sales of 96,082 units, a decrease of 26.0 percent on a DSR basis from May 2010. On a raw volume basis, Toyota Division sales were down 31.6 percent from the year-ago month. The Lexus Division reported total sales of 12,305 units, down 40.0 percent from May 2010, on a DSR basis. Volume-wise, Lexus Division sales were down 44.6 percent compared to the same period last year.

Toyota Division

Toyota Division passenger cars recorded combined sales of 51,238 units, down 32.2 percent from May 2010. Passenger car sales were led by Camry and Camry Hybrid with combined sales of 18,830 units for the month. Corolla reported combined May sales of 16,985 units, and the Prius mid-size gas-electric hybrid posted May sales of 6,924 units.

Toyota Division light trucks recorded May sales of 44,844 units, a decrease of 17.3 percent compared to last year. Light truck sales were led by the RAV4 compact SUV with monthly sales of 8,624, while Highlander and Highlander Hybrid reported combined sales of 5,755 units. The Tacoma mid-size pickup posted sales of 9,091 units, an increase of 14.1 percent compared to last May. The Tundra full-size pickup reported sales of 4,307 units, and the Sienna minivan recorded sales of 8,618 units.

"As expected, May was an especially challenging month due mainly to uncertainties about our production forecast. But thanks to the tremendous efforts of our manufacturing team members and suppliers, we are ramping up much faster than expected," said Bob Carter, Toyota Division group vice president and general manager, Toyota Motor Sales, U.S.A. "Beginning this month, Japan production will be at 90 percent of normal levels, and eight of twelve North American-built vehicles will be at 100 percent. With more vehicles arriving at our dealerships and enhanced dealer support programs gaining traction with customers, we're optimistic that our sales outlook will continue to improve."

Scion posted May sales of 4,696 units, an increase of 23.7 percent over May 2010. The tC sports coupe led the way with sales of 2,664 units, up 119 percent year-over-year. The xD reported sales of 854 units for the month, up 1.1 percent compared to the same period last year, while the xB urban utility vehicle posted May sales of 1,178 units.

Lexus Division

Lexus reported passenger car sales of 5,681 units, down 46.3 percent from May 2010. The ES 350 entry luxury sedan led Lexus passenger car sales with sales of 2,400 units, while the IS lineup reported combined sales of 1,715 units. The all-new CT 200h hybrid posted 454 units in its third month of sales.

Lexus light trucks recorded sales of 6,624 units, down 33.2 percent over May 2010. Lexus light truck sales were led by the RX luxury utility vehicle, which posted combined May sales of 5,847 units. The GX 460 mid-size luxury utility vehicle reported sales of 635 units.

TMS Hybrids

TMS posted May sales of 8,968 hybrid vehicles, a decrease of 49.2 percent compared to the same period last year. Toyota Division posted May sales of 7,665 hybrids, while Lexus Division reported sales 1,303 hybrids for the month.

[smk4565]

Ooooooh what a feeling. So nice to see Toyota do poorly. They are the most over rated brand, most of their products are mediocre at best and many have become very stale. Toyota of 2011 reminds me of GM in the 1990s, a big giant waiting to fall.

[Drew Dowdell]

So much red on the sales ticker this month.... odd to see Toyota having most of it. But all 3 of the J3 are down hard.

[Robert Hall]

Interesting..>I saw somewhere else that Hyundai/Kia may overtake Toyota in NA this year in total sales...

[daves87rs]

And with gas prices soon on the upswing again, don' t expect the numbers to get better either.

I'm in the market for a compact, but it gas levels really do jump as high as they say, I'm not spending as much on gas as the car payment itself! Many people are like me, playing the wait and see game.

The only hard sales I'm seeing here are the downgrades (from trucks/SUVs/larger cars) and those who are dumping the very worn out cars....

I could lease a nice Cruze for about 200 bucks right now, but something is just telling me to wait....