Toyota Motor (TM) U.S. May Sales Drop Almost 28%
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Toyota Motor Sales (TMS), U.S.A., Inc. (NYSE: TM) reported May 2011 sales results of 108,387 units, a decrease of 27.9% compared to the same period last year, on a daily selling rate (DSR) basis. On a raw volume basis, unadjusted for 24 selling days in May 2011 compared to 26 selling days in May 2010, TMS sales were down 33.4% over the year-ago month.
The Toyota Division posted May total sales of 96,082 units, a decrease of 26.0 percent on a DSR basis from May 2010. On a raw volume basis, Toyota Division sales were down 31.6 percent from the year-ago month.
The Lexus Division reported total sales of 12,305 units, down 40.0 percent from May 2010, on a DSR basis. Volume-wise, Lexus Division sales were down 44.6 percent compared to the same period last year.
The Toyota Division posted May total sales of 96,082 units, a decrease of 26.0 percent on a DSR basis from May 2010. On a raw volume basis, Toyota Division sales were down 31.6 percent from the year-ago month.
The Lexus Division reported total sales of 12,305 units, down 40.0 percent from May 2010, on a DSR basis. Volume-wise, Lexus Division sales were down 44.6 percent compared to the same period last year.
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