Toyota’s (TM) US sales were up only 9.5%. That is "only" in like the Detroit car companies would die for the number. But, some forecasts had Toyota’s sales up over 14% for January.

Total US sales hit 170,850 for the month. Lexus outperformed the the Toyota brand. The luxury unit has a sales increase of over 12%.

Maybe the big Japanese car company is beginning to fight the rule of large numbers. It can’t grow at 20% forever. There aren’t enough people in the US with driver’s licenses.

Douglas A. McIntyre