Toyota (TM) Reports April U.S. Sales Decline

May 1, 2008 1:58 PM EDT
Toyota Motor Sales (NYSE: TM), U.S.A., Inc., reported April sales of 217,700 vehicles, a decrease of 4.5% from last April.

"Smaller vehicles are going over big," said TMS President Jim Lentz. "With oil prices at record levels, compact cars and hybrids continue to lead the way."

The Toyota Division posted April sales of 194,350, a decrease of 2.7% from last April. The Lexus Division reported April sales of 23,350 units, a decrease of 17.1% from the year-ago month.

Toyota Division:
Toyota Division passenger cars recorded April sales of 121,097 units, up 7.2% over the same period last year.

Camry Hybrid reported sales of 6,678 units in April, up 40% over April 2007. The Prius hybrid gas-electric mid-size sedan posted best-ever April sales of 21,757 units, an increase of 53.8% over last April.

Toyota Division light truck sales were down 15.7%, with April sales of 73,253 units.

Scion posted April sales of 11,260 units, up 41.5% versus the year ago month.

Lexus Division:
Lexus passenger cars reported April sales of 13,766 units, a decrease of 22.1% from April 2007.

Lexus Division light trucks reported April sales totaling 9,584 units, down 8.6% from the year-ago month. [SM]

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