August 2013 Sales Conference Notes

August 2013 Sales Conference Call
Wednesday, September 4, 2013

August 2013 Sales Conference Call (audio clip)

Toyota Motor Sales Vice President of Corporate Communications Mike Michels:

Hello everyone and thank you for joining us  to review Toyota’s August sales results.   

Speaking today will be: Following the call, our communications team will be available to field any additional questions
you may have.
Now I’d like to turn it over to Bill for a look at August results.

Toyota Division Group Vice President and General Manager Bill Fay

Thank you Mike… and thanks everyone for joining us today.
I hope you had a good Labor Day Weekend…because I know the industry did.
We all benefitted in August from having an extra selling day and the unusual situation of Labor Day Weekend falling into the month’s totals.
We may see some give back in September, but for now, we’re going to enjoy the August results.

In fact, Toyota, Lexus and Scion  
From our point of view, it was a remarkable month  
Sold 34,000 vehicles in California alone  
Overall industry also had an excellent month  
August capped a solid summer for the industry
For June, July and August Brings the YTD SAAR to 15.5 million  
This stability in the marketplace  
Toyota Division in August Camry   
Prius Family
Hybrids Finally on the car side  
On the truck side RAV4 volume leader  
Combined pickup truck sales of more than 26,500
Toyota Certified Used Vehicles

Looking Ahead We’ve elevated the Corolla experience in every way  
Expect new Corolla
Marketing launches…for both the Corolla and Tundra get underway in September
Thank you again for joining us today.
Now I’d like to turn this over to Steve for a look at the Lexus results.
Lexus Vice President for sales and dealer development Steve Hearne:
Thank you Bill.
August is traditionally big for Lexus  
Much of the attention has been on the all-new IS
And the IS isn’t only performing in the showroom
But IS wasn’t the only story for Lexus in August  
Rounding out the car lineup RX sales also jumped 32%  
The luxury SUV segment remains of the hottest in the industry And finally Lexus Certified Pre-Owned
Obviously very happy with the August results
For September  
Thank you very much for joining us today and now I’d like to open up the call for questions.