Toyota Motor Reports June Sales Down 24.1% From June 2010

- Toyota Motor Reports June Sales Down 24.1% From June 2010



Jul 1, 2011

Toyota Motor (NYSE:TM) reported June sales of 110,937 units, a decrease of 24.1% from June of 2010.

The Toyota Division posted a sales decrease of 21.9%, while the Lexus Division reported Sales down 40.2%.

For the first half of the year, Toyota posted sales of 812,788 total units, down 4.6% from the first six months of 2010.

Don Esmond, senior vice president of automotive operations, Toyota Motor Sales, U.S.A said, "We can't say enough about the remarkable efforts our team members and suppliers have made here in the U.S. and in Japan to restore production. June marked a significant turning point for Toyota as sales moved up over last month. Toyota dealers now have a good supply of cars and trucks, and that selection is growing every day. Returning production and new marketing programs will put us in a great position to take advantage of the summer selling season and with an influx of new products slated this year, we're extremely optimistic about the second half of 2011."

Shares of Toyota Motor are trading up 1.17% at $83.38.

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