Tag Archives: Jack Hollis

Toyota Motor North America September Sales off 20%

Posted on 1 October 2024 by Ken Zino

Toyota Motor North America (NYSE: TM) posted U.S. September sales of 162,595 vehicles, down 20.3% on a volume basis and down 9.9% on a daily selling rate (DSR) basis versus September 2023. This is consistent with the expected industry sales slump evident at all other automakers thus far. September electrified vehicle sales consisting of hybrids, plug-in hybrids, pure electrics and fuel cells were 48.4% of total sales volume and totaled 78,683, up 22.4% on a volume basis and up 38.3 % on a DSR basis. Toyota remains the industry’s number one retail brand through the nine month period. Continue reading →

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CDK Cyberattacks Wound June US Light Vehicle Sales

Posted on 3 July 2024 by Ken Zino

“Although the industry has become accustomed to dealing with adversity in recent years, the CDK cyberattack was another curve ball that disrupted activity on a number of levels during June. Many dealers that use CDK’s software found it difficult to conduct normal business operations, although reports suggest that workarounds were found in many cases,” said David Oakley, Manager, Americas Sales Forecasts, GlobalData. Continue reading →

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Toyota North America December 2023 Sales Up 7%

Posted on 3 January 2024 by Ken Zino

Toyota Motor North America (NYSE:TM) today reported year-end 2023 total US  sales of 2,248,477 Toyota and Lexus brand vehicles, an increase of 6.6% on a volume basis or 7% on a daily selling rate (DSR) basis when compared to 2022. … Continue reading →

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Toyota Motor North American Sales in March and Q1 Drop 9%

Posted on 3 April 2023 by Ken Zino

“With 22 electrified vehicle options between both the Toyota and Lexus brands, the most among any automaker, we’re giving customers a choice that fits their lifestyle, pocketbook and needs,” said Jack Hollis, executive vice president, sales, TMNA. “We continue to make improvements to our vehicle inventory to satisfy customer demand, while doing all we can to exceed expectations as we introduce more electrified vehicles throughout the balance of 2023,” Hollis said. He did not address the disconnect between a growing overall market and TMNA’s decline. Continue reading →

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Toyota Motor North America 2022 Sales Drop Notably

Posted on 4 January 2023 by Ken Zino

“As the industry closes out 2022, we’re expecting the year to end around 13.9 million SAAR. And for 2023, we’re predicting a SAAR to grow to approximately 15 million. And while we still have many of 2022 challenges carrying into 2023, we’re moving in the right direction, and doing whatever we can to get vehicles to our customers as quickly as possible. So, we’re cautiously optimistic about our future. Now let me turn it over to Andrew to talk about our two brands,” said Jack Hollis, executive vice president of Toyota Motor North America (TMNA) and president of Toyota Motor Sales. Continue reading →

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Toyota Motor North America September US Sales Up 17%

Posted on 3 October 2022 by Ken Zino

Toyota Motor North America (NYSE:TM) today reported US September 2022 sales of 179,050 vehicles, up 17.1% on a volume and daily selling rate (DSR) basis compared to September 2021. September 2022 sales of electrified vehicles totaled 35,419, representing nearly 20% … Continue reading →

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Toyota Motor North America June US Sales Down -17.9%

Posted on 1 July 2022 by Ken Zino

“Despite the ongoing inventory challenges, so far this year, we launched a number of highly anticipated new products, including the Toyota battery electric bZ4X, Tundra and hybrid Tundra, and the Lexus LX, while continuing to closely focus on taking care of our customers,” said Jack Hollis, executive vice president, Sales, TMNA. Continue reading →

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