Despite a downturn in global vehicle sales, Toyota’s stock only continues to rise. For its fiscal first quarter, the automaker recently announced a 10% increase in net income to $5.3 billion total.
Toyota’s most profitable market is right here in North America, where the company’s lineup of SUVs, crossovers, and cars has proven popular with customers. Just last month in the US, Toyota enjoyed sales of 217,181 units, representing an increase of 0.6% in year-over-year sales.
“July auto sales showed no signs of slow down for the industry,” said Bill Fay, Toyota Division group vice president and general manager. “Led by Tacoma sales, the Toyota division light trucks posted a best-ever July.”
Toyota has said it is on track to sell 10.5 million vehicles worldwide for the fiscal year ending March 31, 2016, and to turn a $19.2 billion profit.
What makes Toyota vehicles so popular with drivers? Find out for yourself by visiting Wondries Toyota today and test-driving our incredible lineup!