Banzai! - Toyota's best month yet

Detroit Free Press

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Toyota?s U.S. sales rose 14% to 269,023 vehicles in May compared to the same month last year for an all-time monthly sales record.

The increase was driven by both fuel-efficient cars and the new Tundra full-size truck, launched in February. Sales of the Camry, the best- selling car in the United States, increased 16% to 50,126. The Prius, the best-selling hybrid in the United States, was up 196% to 24,099. The new Tundra pickup more than doubled the sales figures of its predecessor with May sales of 17,727.

..Toyota Motor Sales executive vice president Jim Lentz: ?Despite the industry?s shift toward passenger cars, Toyota?s all-new Tundra hit an all-time high in May. As for hybrids, the market?s appetite continues unabated, with Prius also establishing an all-time record.?

Reply to
Rising Sun
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That article should have said all time high, for the Tundra. GM and Ford sell more trucks in a month than Toyota will sell in a year. Toyota truck sales in 2006 were a measly 5% of the market. GM was 33% Ford 32% LOL

mike

Reply to
Mike Hunter

In a year, there are 12 months. Clearly, if Toyota has 5% of the market, Toyota will sell about twice many trucks in one year as GM sells in a month (12 * 5 = 60).

Your statement is incorrect, as usual.

Jef

Reply to
Jeff

Still having problems when it comes to percentages I see. Using you convoluted logic GM will have 396% and Ford 384%. LOL

mike

Reply to
Mike Hunter

Percentages don't stop at 100%. For example, the annual growth rate of newborns is something like 200% for the first year (it slows down greatly after that).

That just means that GM's annual sales is 3.96 times the monthly sales of all trucks. Let's say that the monthly sales of all trucks is 500,000 trucks. Then, GM's annual sales would be nearly 2,000,000 trucks.

And Toyota's annual sales would be sixty percent of 500,000 or 300,000 units.

It is not convoluted logic. Rather, it is math, something one would think an engineer would understand.

Jeff

Reply to
Jeff

Mike must be the railroad kind of engineer..... LOL

Reply to
Jonas Grumby

You're right Mike. When you're starting at zero (no sales)... and then you start selling, all of a sudden you can report radical jumps in sales.

Let's see how they're doing a year or two from now.

I hope I'm not wrong, but I can't imagine trade people working on Union jobs driving ToJo Pickups.

willy

Reply to
Willy

You probably never expected Volvo heavy trucks either, did you?

What do you expect someone to do when they are handed the keys to a Toyota on the job? Did they balk at being issued a Ranger/Mazda for light duty?

Mike is old, he will probably be able to weasel around "Ford still outsells Toyota in ..." until he dies. Toyota is overtaking each of the benchmarks.

Retreating to only the heaviest trucks fr sales comparisons is like Mercedes moving further upscale when Lexus started encroaching on their turf.

Reply to
dold

Why's that?

My ToJo Tacoma is built in Fremont, California, by UAW represented people.

Reply to
B A R R Y

Ford sell six or seven times as many trucks annually in the US than does Toyota. Most Ford trucks are owned by corporations and business.

They buy some Toyota cars and trucks as well, but they buy far fewer Toyota cars and trucks today than Fords. What makes you believe they will buy more of the more expensive Toyota trucks than they do today?

mike

Reply to
Mike Hunter

That's true the GM / Toyota California plant is Toyotas ONLY union plant. The worker build the Pontiac Vibe there as well. No underpaid workers either, the workers there are the highest paid Toyota workers in the US. They have the best benefits as well as the only Toyota workers that do not pay for their own pension plan. It is also Toyota most productive US plant and the only Toyota plant with a contract that requires the vehicles be assembled of at least 70% US components. None of that phony North American parts crap ;)

mike

Reply to
Mike Hunter

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