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Cars Outsell Light Trucks for First Time Since 2002
More cars than light trucks were sold in the United States last month, reports from the automobile companies showed Friday, as gasoline prices nationwide soared to more than $3 a gallon.
Toyota, Nissan, General Motors and the Chrysler Group all said their sales rose in May compared with 2006, primarily because of stronger car sales. Toyota, which has benefited most among the major companies from the rise in gas prices, said its May sales set a monthly record, up 9.7 percent from a year ago.
Of the 1.56 million vehicles sold in May, 778,651 were cars and 777,296 were light trucks, including pickups, according Ward’s AutoInfoBank, which tracks industry statistics.
Sales of the hybrid-electric Toyota Prius rose 184.9 percent, according to Autodata. Dealers in parts of the country are again reporting waiting lists for the fuel-efficient model, even though Toyota has doubled production from last year. (more ..)http://www.nytimes.com/2007/06/02/business/02auto.html?_r=1&oref=slogin Toyota Sales up 14% in US (May)
Toyota Motor Sales (TMS), U.S.A., Inc., today reported all-time best-ever sales of 269,023 vehicles for the month, an increase of 9.7 percent over May 2006. The former all-time best-ever record was 242,675 units in March 2007. The Toyota Division posted all-time best-ever sales of 237,176, up 10.9 percent over last May. The Lexus Division reported best-ever May sales of 31,847 units, an increase of 2.1 percent.
Toyota car sales were led by Camry, which posted best-ever May sales of 50,126, up 11.8 percent over the same period last year. Camry Hybrid reported sales of 6,853 units in May. The Prius hybrid gas-electric mid-size sedan posted all-time best-ever sales of 24,009, an increase of 184.9 percent over May 2006. The Yaris subcompact reported an increase of 30.5 percent, posting best-ever May sales of 10,949 units. Corolla reported all-time best-ever sales of 45,238 units, an increase of 4.7 percent over the year-ago month.http://www.toyoland.com/news/2007/06/01/toyota-sales-up-14-in-usa/ I think the worm slowly turns. And I think Detroit put their eggs in the wrong basket. $3+ petrol will add new meaning to "survival of the fittest." Meanwhile, I think I'll gas up my Prius today. Gas is down a nickle a gallon here (to $2.95). I last fueled the Prius on 4/24. I have about 300 miles on that tank of gas, and it is still at 1/3 tank!
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