Thursday, October 1, 2020

TOYOTA: Q3 off 11% but finishes strong

TOYOTA: Q3 off 11% but finishes strong https://ift.tt/3l5IbgO

Toyota's U.S. sales rose 16 percent in September, capping off a difficult third quarter in which volume fell 11 percent.

Company officials said September marked the first time the Toyota division had surpassed its pre-COVID sales plan, with deliveries up 14 percent for the month and hybrid sales up 32 percent. Seven models, Toyota said, posted best-ever September results.

Brands: Toyota up 14% in September, down 13% in Q3; Lexus up 31% in Sept., up 2% in Q3.

Notable nameplates: Toyota Camry up 22% in September, down 4.1% in Q3; Corolla down 10% in Sept., down 30% in Q3; RAV4 up 25% in Sept., down 3.9% in Q3; Tacoma up 14% in Sept., down 10% in Q3; Tundra up 8.5% in Sept., down 12% in Q3; Lexus ES up 37% in Sept., down 8.2% in Q3; RX up 35% in Sept., up 4.7% in Q3.

Incentives: $2,666 per vehicle, up 10.8% from a year earlier, ALG says.

Average transaction price: $33,726 up 2.4% from a year earlier, according to ALG.

Did you know? The Toyota Highlander hybrid posted its best-ever sales month in September with 5,684 sold.

FCA: Chrysler, Alfa up as overall sales fall 10%

FCA: Chrysler, Alfa up as overall sales fall 10% https://ift.tt/3jm8Q8H

The automaker said it expects sales to remain strong through the end of the year as the industry tries to recover from the effects of the coronavirus pandemic

GM, Toyota, FCA, Nissan Q3 sales slip

GM, Toyota, FCA, Nissan Q3 sales slip https://ift.tt/2SdtCvm

U.S. auto sales fell in the third quarter, but September increases at General Motors, Toyota Motor Corp. and Hyundai provided fresh signs that the market continues to rebound after being battered by the coronavirus.

GM, Toyota, FCA, Hyundai Q3 sales slip

GM, Toyota, FCA, Hyundai Q3 sales slip https://ift.tt/36rYdxx

GM, FCA, Toyota Motor and Hyundai posted lower third-quarter sales, with several of them racking up solid gains in September to finish the quarter on a high note, in more signs the market is steadily rebounding from the coronavirus.. Across the industry, third-quarter volume is forecast to drop.

Toyota, FCA, Hyundai Q3 sales slip

Toyota, FCA, Hyundai Q3 sales slip https://ift.tt/3cLLgjg

Toyota Motor Corp. and Hyundai posted lower third-quarter sales, but racked up gains in September to finish the quarter on a high note, in more signs the market is steadily rebounding from the coronavirus. Across the industry, third-quarter volume is forecast to drop.

Hyundai Q3 sales dip 1%

Hyundai Q3 sales dip 1% https://ift.tt/2Sf86Gz

In another sign the market continues to recover from the coronavirus, Hyundai's September volume rose 5 percent to 54,790 cars and light trucks, behind a 21-percent gain in retail deliveries, even as incentives fell. Across the industry, third-quarter volume is forecast to drop.