Scion News, Updates & Info

Toyota Motor Sales (TMS), U.S.A., Inc., today reported half-year sales of 1,240,086 vehicles. For the month of June, TMS recorded sales of 193,234 units, a decrease of 11.5 percent from last June, on a daily selling rate basis.

The Toyota Division posted June sales of 172,981, down 10.3 percent from last June. The Lexus Division reported June sales of 20,253 units, a decrease of 21.1 percent from the year-ago month.

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Some of the most respected former Formula One (F1) drivers are ready to go wheel-to-wheel in this year’s Toyota Race of Legends at the 35th annual Rolex Monterey Historic Automobile Races, presented by Toyota. In addition to good-natured bragging rights, these drivers are looking to secure a $25,000 check that will be donated to the winner’s selected charity.

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With three vehicles each winning their segments, Ford and Toyota led the newly released 2008 Strategic Vision Total Quality Index, which rates consumer satisfaction during the first three months of new-car ownership.

General Motors’ Chevrolet brand, Honda and Mercedes-Benz had two winners each in various categories, the only other brands with multiple victories. Nissan and its Infiniti luxury brand had no segment leaders. The results of the latest index were released Wednesday.
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Bend, OR – The Toyota-United Pro Cycling Team flexed its muscles this past week winning six out of eleven races it entered as its riders prepare for Philly week, a series of three races in the greater Philadelphia area held the first week of June.

The incredible string of wins began with Dominique Rollin’s win at the GP Granby Time Trial near Bromont, Canada on May 10, 2008. Rollin won the 19 kilometer time trial in a time of 24:04.14, a mere 6.8 seconds over second place finisher François Parisien (Symmetrics).

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Japan-based auto manufacturer Toyota Motor Sales U.S.A. Inc. (TM) announced a 4.5% fall in its April sales from last year led by lower truck sales. On an unadjusted basis, sales grew 3.4%.

The company’s April sales slipped 4.5% to 217,700 from the year earlier month. The Toyota Division’s sales fell 2.7% to 194,350 units for April, while Lexus Division’s sales dropped 17.1% to 23,350 units over the year-ago month.

Commenting on the April sales number, Toyota Motor Sales president Jim Lentz said, “Smaller vehicles are going over big. With oil prices at record levels, compact cars and hybrids continue to lead the way.”

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Toyota Motor Sales (TMS), U.S.A., Inc., announced new manufacturer’s suggested retail prices (MSRP) today for certain Toyota and Lexus vehicles, effective mid- to late May 2008.

Scion

Scion recently announced price adjustments for 2009 model year xB and tC on April 11, 2008. Additional pricing information on 2009 Scion xD will be announced in summer 2008.

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Toyota Motor Sales (TMS), U.S.A., Inc., today reported April sales of 217,700 vehicles, a decrease of 4.5 percent 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 percent from last April. The Lexus Division reported April sales of 23,350 units, a decrease of 17.1 percent from the year-ago month.

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(Long Island, N.Y.) – Teenagers are involved in fatal traffic accidents at more than twice the rate of the rest of the U.S. population, and according to the National Highway Safety Traffic Administration, New York ranked among the top 15 states in highest number of teen driver fatalities in 2006. To help prevent future teen driving deaths in the area, Toyota is hosting its hands-on teen and parent advanced driving skills program, “Toyota Driving Expectations,” in Elmont, N.Y. at the Belmont Park Race Track, May 2-4.

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Although Toyota has recently claimed the title of the World’s Largest Automaker in terms of global sales, the Japanese-giant is finding out that life at the top isn’t all it’s cracked-up to be. While the Camry, Corolla, Yaris and Prius sedans are reportedly brisk movers, the same thing cannot be said about Toyota’s line of trucks and sport utility vehicles. Toyota has cut Tundra and Sequoia production already, but dealers are still declining to purchase them, pushing the number of unclaimed units to an all-time high. Automotive News quotes an unnamed Toyota dealer as saying, “Last month, Southeast Toyota had 9,700 vehicles that had been turned down twice by dealers and are either sitting at the port or at sea. That’s a significant number.” Right now, Toyota/Scion has a high 58-day supply of available inventory on hand.

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The AIADA newsletter reported that Toyota and Scion vehicle inventories have risen to record levels because the company misjudged just how much the U.S. market would decline this year.Automotive News reports that the number of units in dealership stock and en route have swelled to about 376,000. That’s about 100,000 units more than were on the ground last summer, and up from about 348,000 a year ago.

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