Toyota Boosts U.S. Sales Outlook
Toyota Motor Co. now expects to sell about 2 million cars and light trucks in America this year, up 100,000 units from its previous forecast, Bloomberg News reports.
#economics
Toyota Motor Co. now expects to sell about 2 million cars and light trucks in America this year, up 100,000 units from its previous forecast, Bloomberg News reports.
The predicted volume for the Toyota, Lexus and Scion brands would be the highest in four years. It represents a 22% increase from 2011, which was marred by natural disasters in Asia.
Bob Carter, CEO of Toyota's American sales unit, tells the news service that demand is especially strong for the Camry midsize sedan, whose sales could reach 400,000 units this year.
RELATED CONTENT
-
On The German Auto Industry
A look at several things that are going on in the German auto industry—from new vehicles to stamping to building electric vehicles.
-
Ford’s $42 Billion Cash Cow
F-Series pickups generate about 30% of the carmaker’s revenue. The tally is about twice as much as what McDonald’s pulls in.
-
On Headlights, Tesla's Autopilot, VW's Electric Activities and More
Seeing better when driving at night, understanding the limits of “Autopilot,” Volkswagen’s electric activities, and more.