Go Symbol Lookup
Loading...

Toyota Sales Missing U.S. Goal

 Text Size  
Published: Tuesday, 24 Jun 2008 | 5:45 PM ET
Phil LeBeau By: | CNBC Auto and Airline Industry Reporter

Over the last three weeks, I have heard the same thing over and over, often from those who think I'm partial to Toyota.

It goes something like this: "You never say when things go wrong for Toyota." Or, my other favorite: "How come you never say when the one of the Big Three increases sales or does well with a particular model?"

Well, for all of you, Toyota Phil has a news flash: Toyota Motor says it will be falling short of its sales goal for the U.S.

My sarcasm is inentional because I find that when Toyota does fall short of expectations or makes a wrong move, it is reportedly vigorously.

And in this case, Toyota saying that sales will fall short of forecasts shows that the slow economy is not just hitting Motown -- the non-U.S. automakers are also finding it tougher, though not to the same degree as Detroit's Big Three. That's because Toyota, Nissan and Honda sell far fewer trucks and SUVs, the models most out of favor right now.

While Toyota may not hit its goal of growing U.S. sales by 1 percent this year, its decline will not be as much as at General Motors, Ford Motor or Chrysler. And there is serious speculation Toyota could pass GM in June monthly sales to become No. 1 in the U.S.

That's not being partial to Toyota -- it's simply stating the situation.

Questions? Comments? BehindTheWheel@cnbc.com

 Print
Over the last three weeks, I have heard the same thing over and over, often from those who think I'm partial to Toyota. It goes something like this: "You never say when things go wrong for Toyota." Well, for all of you, Toyota Phil has a news flash: Toyota says it will be falling short of its sales goal for the U.S.
  Price   Change %Change
F ---
GM ---
HLIT ---
7203.T ---
7201.T ---

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

  • LeBeau is a CNBC auto and airline industry reporter based at the Chicago bureau and author of "Behind the Wheel" on CNBC.com.