TORRANCE, Calif. (November 3, 2014) — Toyota, Scion and Lexus today reported total October 2014 sales results of 180,580 units, an increase of 6.9 percent from October 2013.
Toyota division posted October 2014 sales of 157,225 units, up 7.5 percent.
“October vehicle sales were the best for the month in 10 years as an improving economy and lower gas prices drove strong SUV sales,” said Bill Fay, Toyota division group vice president and general manager. “At Toyota we also saw a big jump in Camry sales thanks to the successful launch of the new 2015 model.”
Lexus reported October sales of 23,355 units, a 2.8 percent increase on a raw-volume basis year-over-year.
“The luxury SUV segment is one of the hottest in the industry, led by the Lexus RX,” said Steve Hearne, Lexus vice president of sales and dealership development. “That should continue as the holiday season and winter approach.”
*Note: Unless otherwise stated, all figures reflect unadjusted raw sales volume
Toyota (NYSE:TM), the world's top automaker and creator of the Prius, is committed to building vehicles for the way people live through our Toyota, Lexus and Scion brands. Over the past 50 years, we’ve built more than 25 million cars and trucks in North America, where we operate 14 manufacturing plants (10 in the U.S.) and directly employ more than 40,000 people (more than 32,000 in the U.S.). Our 1,800 North American dealerships (1,500 in the U.S.) sold more than 2.5 million cars and trucks (more than 2.2 million in the U.S.) in 2013 – and about 80 percent of all Toyota vehicles sold over the past 20 years are still on the road today
Toyota partners with philanthropic organizations across the country, with a focus on education, safety and the environment. As part of this commitment, we share the company’s extensive know-how garnered from building great cars and trucks to help community organizations and other nonprofits expand their ability to do good. For more information about Toyota, visit www.toyotanewsroom.com.
About Toyota Motor Manufacturing, Kentucky, Inc.
Toyota’s largest plant in North America, Toyota Motor Manufacturing, Kentucky, Inc. (TMMK) started production in May 1988. The Georgetown, Ky. plant employs about 7,000 full time team members and represents a $5.9 billion investment. TMMK currently produces the Camry, Camry Hybrid, Avalon, Avalon Hybrid and Venza as well as four-cylinder and V-6 engines and other engine components. Current annual capacity is 500,000 vehicles and 600,000 engines. Since 1987, TMMK has donated more than $45 million to non-profit organizations throughout Kentucky.
Toyota Motor Manufacturing, Kentucky, Inc.