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Toyota Expects New Models to Extend Sales Rebound in 2013

Bloomberg - Oct 31, 2012

Toyota Motor Corp. (7203), headed for its best U.S. sales in four years, will grow throughout 2013 on demand for Prius hybrids and revamped models including a new RAV4 sport-utility vehicle, the company’s U.S. sales chief said.

A full year of the redesigned Avalon sedan that goes on sale in December, the Lexus ES sedan and the four-model Prius lineup added this year, and new RAV4 and Corolla models due in 2013 will lift deliveries, Jim Lentz, president of Toyota’s U.S. sales unit, said in an interview yesterday.

“We’ll outpace the industry again next year with all the product cadence we have,” he said. “We’re still working on the forecast numbers, but we expect another good year. We’re looking at a market that’s going to continue to firm up.”

Read Full Article from Bloomberg

- Posted: 2012-10-31 13:07:32


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