Wednesday, September 29, 2010

Toyota Fast Facts: Toyota Comments on AP and USA Today Stories About Camry Sales

> September 28, 2010
>
> Toyota Fast Facts is an update on Toyota and industry news. For more news,
> visit www.toyotanewsroom.com.
>
>
> 1. Toyota Comments on AP and USA Today Stories About Camry Sales
>
> News stories today by the Associated Press and USA Today inferred that
> Camry sales are slowing down and that last year’s models are sitting on
> dealers’ lots longer than any other vehicle in the United States.
>
> Toyota’s response:
>
> The data presented in the articles is misleading.
>
> First of all, Toyota has sold over 310,000 of the 2010 model year Camrys,
> and only 675 remain on dealers’ lots, just two-tenths of 1 percent of the
> total.
>
> In addition, contrary to what was reported, a 50 days’ supply is actually
> considered healthy.
>
> The reality is that rather than languishing on the lot, Camry is actually
> gaining market share in the mid-size car segment and is still the
> best-selling passenger car in America.
>
> Unfortunately, the news outlets did not bother to check their facts with
> us.
>
>
>
>

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