Wednesday 22 July 2009

Toyota sales down 26% (EU)

Toyota’s European sales were down 26% year-on-year in the first half of 2009, the company has announced.

“The automotive industry has faced extraordinary business conditions this year,” said Tadashi Arashima, president and CEO of Toyota Motor Europe (TME). “On the plus side, our sales in Western Europe have been bolstered by Government stimulus packages and our ability to adjust production volumes swiftly.”

TME produced 231,800 cars between January and June. Its most successful model was the Yaris with 109,403 examples were sold, 19% fewer than in the same period last year.

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