February 2013 Sales Conference Call Notes

February 2013 Sales Conference Call
Friday, March 1, 2013

February 2013 Sales Conference Call (audio clip)

Bill Fay
Group Vice President and General Manager
Toyota Division

Hello everyone, and thank you for joining us.
The stability we’ve seen in the marketplace in recent months continued in February, with the industry overcoming rising gas prices, a series of severe winter storms and ongoing concerns about the budgetary process to post another solid month.
Total industry sales

For Toyota, Lexus and Scion

Despite the rising gas prices

February Also Awards Month Consumer Reports Issued Brand Report Cards J.D. Powers Vehicle Dependability Study IntelliChoice Best Overall Values Toyota Division New Avalon off to a great start Other highlights include: On light truck side, fuel efficiency also important Pickups up more than 17 percent SUVs up 14 and a half percent New RAV4 off to an excellent start
Toyota Certified Used vehicles Looking Ahead Theme:  #1 For Everyone
Focus on the features and value that give us the many leadership positions I just touched on.
Also highlight affordability In closing, the stability we saw in February in the face of a number of challenges is a good indication of the overall strength of the market as we head into the spring selling season.
We believe we are well-positioned as the most fuel-efficient full-line manufacturer to address consumer concerns about rising gas prices. 
And we’re further encouraged by the reaction to our two newest models, the Avalon and RAV4, and the response to the two recently unveiled models, the Corolla Furia concept and Tundra, which will go on sale later this year.
Thanks again for joining us today and now I’d like turn this over to Tim Morrison for a look at the Lexus results.

Tim Morrison
Vice President,
Sales and Dealer Development
Lexus Division