Watch stocks you care about
The single, easiest way to keep track of all the stocks that matter...
Your own personalized stock watchlist!
It's a 100% FREE Motley Fool service...
Toyota (NYSE: TM ) said today that its January sales in the U.S. advanced strongly on a year-over-year basis. The company sold over 157,000 vehicles in the country during the month, which represents a raw 27% increase from the same month in the previous year. If adjusted to match the number of selling days, the increase is 22%.
In terms of individual models, the high-end Lexus ES sold particularly well. On an unadjusted basis, it more than doubled its sales figure to nearly 5,400 last month. The firm's durable Corolla, meanwhile, grew sales by 32%.
Toyota quoted its U.S. division's vice president and general manager Bill Fay as saying that "the sales pace we saw in the fourth quarter of last year rolled into January, exceeding our expectations for the industry."