By on December 2, 2010

Good news, bad news times at Toyota. First, the bad news.

As you heard yesterday, Toyota’s sales were down again in the U.S.  They sold 129,317 cars in the U.S. in November.  Automotive News [sub] has them down 3 percent on the year. Adjusted for sales days, the are down 7.3 percent, says The Nikkei [sub], while rubbing it in that Nissan had an “increase of about 20 percent.”

Now the good news: In China, Toyota’s new car sales shot up 17.2 percent. 82,900 Toyotas changed hands in China in November, says The Nikkei [sub] in a separate report. This comes as a double relief to ToMoCo. First, it takes the sting off the U.S. drop. Second, it allays worries that Toyota goes downhill in the Middle Kingdom.

Chinese sales had dropped in October, the first retreat in 18 months, and that while the overall China market had increased. Toyota fought back with incentives and heavy promotions. Total Chinese sales for the first 11 months are up 16.7 percent to 726,500 units. Toyota is now positive to make their annual sales target of 800,000 units. Believe it or not, that still makes Toyota the second largest passenger vehicle brand after Volkswagen in China.

Get the latest TTAC e-Newsletter!

Recommended

3 Comments on “Toyota: Down In The U.S., Up In China...”


Read all comments

Back to TopLeave a Reply

You must be logged in to post a comment.

Recent Comments

  • deanst: For some reason their look reminds me of Hans and Franz from SNL.
  • slavuta: Cheapos. Couldn’t they price Mexican-made sedan just under 20K????
  • Art Vandelay: I’ll not have you sullying Beavis and Butt-Head with this nonsense. (Incidentally, they are...
  • spookiness: As a 1-person household it’s on my shopping list. A slightly used CX-5 is also something I’ll...
  • DenverMike: @Karen, try decaf. Welcome to America. Bigger homes, wide open places where you can enjoy/live. A tiny...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Matthew Guy
  • Timothy Cain
  • Adam Tonge
  • Bozi Tatarevic
  • Chris Tonn
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber