US Car Sales: Even Toyota (TM) Has A Bad Month

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It says a lot when sales of Toyota’s (TM) are actually falling. In March, vehicle sales for the big Japanese company fell 10.3% in the US market to 217,730,

Total passenger car sales fell to 129,778 from 140,009 and light truck sales declined to 77,894 from 91,939. Toyota division sales fell 9.8% to 192,791 vehicles from 213,820, and Lexus division sales fell 14% to 24,939 units from 28,855.

At the same time Ford (F) was saying its Q2 sales could be worse than Q1.

Douglas A. McIntrye