Mexican Media Brands
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
Share
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
-
Auto vs. Tech: Guess Who Wins
Matthew Simoncini, president and CEO of Lear Corp., provided some fairly compelling figures this week at the CAR Management Briefing Seminars that show just how out-of-whack the valuations of tech companies are vis-à-vis auto companies.
-
Porsche Doubles EV Target for 2025
Porsche AG says about half the vehicles it sells by 2025 will be equipped with hybrid or all-electric powertrains, twice the ratio it forecast four weeks ago.
-
On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.