Japanese Automaker Sees Sales Gains in May
Toyota saw sales rise to 840,303 units in May, led by swiftly recovering demand in North America.

Toyota saw sales rise to 840,303 units in May, led by swiftly recovering demand in North America.
Toyota
Strong U.S. demand for SUVs and trucks helped Toyota Motor Corp. global sales soar 46% in May over the same month a year earlier.
Toyota saw sales rise to 840,303 units in May, led by swiftly recovering demand in North America. The world’s top-selling automaker said in a statement that its unit sales were up about a third from the year prior in Japan as well.
Sales continue to skyrocket as the ongoing semiconductor chip shortage shutters auto production. Toyota maintains a strong supply of semiconductors, but even with high stock levels its May output dipped to 671,097 units from the 802,611 units it produced in May 2019.
Nissan Motor Co. also reported gains of 28% in May, moving to 348,610 units. The increase was fueled by heighted North American demand. Global production grew by 45% to 227,908 vehicles.
More Dealer Ops

Ladies and Gentlemen, This Is a Dealership: Why the Fundamentals Still Decide Who Wins
A teaching moment by a legendary football coach happens to apply perfectly in the auto retail space. Learn what it is and how to use it to your store’s advantage.
Read More →
Timing the Market Can Hurt Long-Term Program Performance
For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
Read More →
Dealer Ads and the FTC
The agency has made it clear in recent enforcement actions and warnings, in auto retail and other industries, that advertised prices must include all nonoptional costs to the consumer.
Read More →
Used Autos Supply Dwindles
The March shopping surge, despite high prices, cut into inventory by the most since the thick of the pandemic, Cox Automotive analysts calculated.
Read More →
Managing Risk Effectively Through Changing Times
The variables influencing risk pricing have changed significantly over the past five years. Being proactive and responsive to emerging trends is not optional but essential.
Read More →
Survey Reveals What Won't Fix What's Breaking Car Sales
AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.
Read More →
IA American Appoints Two Execs
Senior vice presidents of the company's agent and dealer channels chosen to support general agents and help auto dealers with sales and performance.
Read More →
Cox Automotive Acquires Inspection Firm
Full ownership of Alliance Inspection Management, or AiM, meant to unlock growth for Manheim inspection capabilities
Read More →
Assurant Expands Partnership With Holman
Extended collaboration delivers training, products and performance development to 30 newly acquired Holman dealerships
Read More →
Franchises, Throughput Down in First Half
A handful of states see franchise growth through June, while EV sales per store boost overall business in U.S.
Read More →