Angelo Young has reported on Feb 1, 2013, for International Business Times, Toyota USA Reports A 26.6% Rise In US Sales In January 2013. In its preliminary monthly sales report on Friday, Toyota Motor Sales (TMS), U.S.A., Inc. said that it sold 157,725 vehicles in the U.S. in January, which was a 26.6 percent rise from last year. Bill Fay, Toyota Division group vice president and general manager for the U.S. subsidiary of Toyota Motor Corporation, has said, the performance “exceeded our expectations for the industry.”
Dee-Ann Durbin and Tom Krisher of the Associated Press have also reported on Toyota's impressive sales in January for U.S. News and World Report, Detroit, Toyota see big US sales gains in January. January saw the best sales for the auto industry since 2008. In the U.S. auto sales rose 14 percent to more than 1 million. Toyota's 27 percent gain represented the biggest among the major car companies.
Ford also had a good January with 22 percent sales growth, while GM and Chrysler each reported 16 percent gains in comparison with a year earlier. These results have created an optimistic feeling for the industry. Consumers are eager to buy new cars with a record average of their cars being 11.3 years old. And banks are making buying new cars easier with low interest rates and looser credit terms.