Toyota U.S. Sales Surge in January

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Toyota said today that its January sales in the U.S. advanced strongly on a year-over-year basis. The company sold over 157,000 vehicles in the country during the month, which represents a raw 27% increase from the same month in the previous year. If adjusted to match the number of selling days, the increase is 22%.

In terms of individual models, the high-end Lexus ES sold particularly well. On an unadjusted basis, it more than doubled its sales figure to nearly 5,400 last month. The firm's durable Corolla, meanwhile, grew sales by 32%.

Toyota quoted its U.S. division's vice president and general manager Bill Fay as saying that "the sales pace we saw in the fourth quarter of last year rolled into January, exceeding our  expectations for the industry."

The article Toyota U.S. Sales Surge in January originally appeared on Fool.com.

Fool contributor Eric Volkman has no position in Toyota, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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