Toyota break sales record in June; Captures 40% market share

By MUMLOLOUK payday loans

16 July 2012

Toyota break sales record in June; Captures 40% market share

 
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We should all know by now that Toyota Motor Philippines (TMP) is the country's number one automotive company - a title they've been holding on to for over a decade. And last June, this lead was extended even further when they recorded their highest ever sales since operations started way back in 1989
 
Sales tallied 5,893 units for the month, which, when viewed on a Year-to-Date (YTD) basis, sums up to 29,400 units in the first semester of 2012. This feat has strengthened Toyota's market share to 40%. Compared to last year's total sales performance, the Japanese automaker recorded a growth rate of 18%.
 
Leading this record breaking run is the Vios, which is Toyota's best-selling model in the Passenger Car (PC) segment and overall sales. The subcompact surpassed its previous best and achieved its highest monthly total yet with 1,585 units sold and further increased Toyota's market share to 47%.
 
In the Commercial Vehicle (CV) segment, Toyota continues to maintain the top spot for the month of June with the strong sales performance of the Innova, Avanza, and Fortuner. This has earned TMP 41% of the entire market segment in June.
 
In a statement TMP President Mr. Michinobu Sugata said: “We are very pleased with our performance the past months and it is great to end the 1st semester with record breaking sales milestones. This success is a true testament to our customer’s trust and loyalty to the brand.”
 
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