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Toyota U.S. sales fell 11.2% in February

Mar. 01, 2022 10:29 AM ETToyota Motor Corporation (TM)By: Niloofer Shaikh, SA News Editor3 Comments

Toyota Motors

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  • Toyota Motor (TM +0.2%) reports February U.S. sales declined 11.2% Y/Y to 157,827 vehicles vs. -5.1% in January 2022.
  • Toyota division sales slipped 11.9% Y/Y to 142,356 vehicles and Lexus division sales dropped 5.6% Y/Y to 20,231 vehicles.

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Comments (3)

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cssys profile picture
tm just needs to build some more..
Tdot profile picture
Wards Automotive forecasts had Toyota US February sales down 13%, with the overall market down 11% at a 14.2 million SAAR.

No huge surprises here, it was all expected.

Wards also forecast Nissan sales to be down 30%, Honda down 24%, GM sales to be down 15%, Ford down 14%, and Stellantis (Chrysler etc.) down 6%. We'll see how those turn out as well.
Based upon my buying experience with Toyota, I would say their sales are down not due to demand, but rather supply. 3 months to get a new tacoma and above MSRP.

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