Tag Archives: europe auto sales

Toyota Bucks EU Vehicle Sales Woes with 13% Q1 Increase

Posted on 14 April 2011 by Ken Zino

Toyota Motor Europe reported sales of 233,336 Toyota and Lexus vehicles in the first quarter of 2011 as Toyota’s overall monthly sales in March surpassed the 100,000 mark for the first time since March 2009. It is counter the downward sales trend in the European Union or EU. Continue reading →

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European Car Sales Decline in January

Posted on 16 February 2011 by Ken Zino

For U.S. taxpayers with substantial stakes in Fiat-controlled Chrysler and GM there were uneven results. Chrysler sold a mere 2,353 vehicles in January, down 24%. However, CEO Sergio Marchionne maintains that Lancia can help Chrysler sales by distributing its cars, and Jeep has substantial room for growth.

The Opel/Vauxhall subsidiary of GM posted a rise of 6% to 72,553 vehicles helped by growth in Germany. Opel, with more than 40,000 employees in Europe, lost the owners of GM, including U.S. and Canadian taxpayers more than $1.1 billion in the first three quarters of 2010, with the final results not in yet. Continue reading →

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