Thursday, March 8, 2012

Toyota Sales Up 12%


Toyota has had an excellent start in 2012 with a 12% increase in sales in February alone. Not only did the Prius sell very well with 20,593 sales, but Lexus and Scion both sold well over the estimated amount as well. Consumer confidence is high, and if gas prices continue to rise, Toyota is confident their line of hybrid cars will become a staple in the U.S.. Come by the dealership to learn why everyone is buying Toyota!
Asia’s largest carmaker reported yesterday that sales of Toyota, Lexus and Scion vehicles rose 12 percent last month, more than the 8.2 percent average of seven estimates compiled by Bloomberg. Prius sales, including the v wagon, were up 52 percent to 20,593, the highest in almost four years. The total for all Toyota and Lexus hybrids climbed 60 percent. 
“They’re targeting 220,000 Prius sales,” said Alan Baum, principal of Baum & Associates, a provider of auto-industry analysis in West Bloomfield, Michigan. “Given the assumption we’ll have high gas prices into the summer, this looks like a reasonably good bet.” 
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