Toyota posts 11.7% rise in U.S. sales

 

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Toyota Motor Corp. (TM) just reported that they had their best monthly sales performance ever this March 2007. Other Japanese automakers such as Honda Motor Co. (HMC) and Nissan Motor Co. (NSANY) helped the industry in March 2007 top 2006’s best month for U.S. sales despite declining results by the Big Three.

Toyota’s U.S. sales rocketed 11.7% in March 2007 compared to 2006, boosted by record sales of gas-electric hybrids as well as strong overall auto sales. The overall rise in U.S. sales came despite declines at General Motors Corp., down 3.9%; Daimler Chrysler’s Chrysler Group, down 4.6%; and Ford Motor Co., down 9.1%.

In all, Toyota sold 242,675 Toyota and Lexus vehicles in the U.S., its best month ever which includes 28,453 hybrids sold during March 2007.

[Source: LaTimes.com]

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