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Toyota's U.S. October Sales Fell 8.7% From A Year Ago

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Toyota Motor Corp (ADR) (NYSE: TM) reported its total October U.S. sales. Here is Toyota's full September sales report.

  • Toyota sold 186,295 units in October.
  • October's total sales mark a decrease of 8.7 percent from October 2015.
  • However, sales were lower by 1.7 percent when factoring in two fewer selling days (Daily Selling Rate) this October.
  • According to Bloomberg, Toyota's sales data fell notably short of what analysts were expecting.
  • Sales of Toyota branded vehicles fell 9.1 percent from a year ago on a volume basis to 161,492.
  • Sales of Lexus branded vehicles fell 6.2 percent from a year ago on a volume basis to 24,803.
  • Sales of Toyota branded light trucks rose 6.6 percent on a DSR basis.
  • Sales of Toyota branded SUVs rose nearly 10 percent on a DSR basis.
  • Sales of the Toyota Highlander rose 32.7 percent and posted its best-ever October.
  • Sales of Toyota trucks rose 2.7 percent on a volume basis and nearly 11 percent on a DSR basis as part of a strategy to counter overall sales declines.
  • Lexus LUVs and NX model both posted their best-ever October sales.
  • Lexus LX model sales soared 162 percent.
 

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